NASDAQ:PI - IMPINJ Stock Price, Price Target & More

IMPINJ trades on the NASDAQ under the ticker symbol "PI."

IMPINJ Inc (NASDAQ:PI) issued its quarterly earnings results on Monday, May, 7th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.01. The company had revenue of $25.10 million for the quarter, compared to the consensus estimate of $23.95 million. IMPINJ had a negative net margin of 24.95% and a negative return on equity of 11.89%. IMPINJ's revenue was down 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.01 earnings per share. View IMPINJ's Earnings History.

IMPINJ issued an update on its second quarter earnings guidance on Monday, May, 7th. The company provided EPS guidance of ($0.38)-($0.30) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.33). The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $24.38 million.

7 equities research analysts have issued 12 month target prices for IMPINJ's stock. Their predictions range from $14.00 to $42.00. On average, they expect IMPINJ's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Ratings for IMPINJ.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to IMPINJ include Vicor (VICR), Varex Imaging (VREX), TT Electronics (TTGPF), Microvision (MVIS), Orbit International (ORBT), Neonode (NEON), Inrad Optics (INRD), Nortech Systems (NSYS), Integral Technologies (ITKG), Veritec (VRTC), Microwave Filter (MFCO) and Uni-Pixel (UNXLQ).

(PI) raised $69 million in an IPO on Thursday, July 21st 2016. The company issued 4,600,000 shares at $14.00-$16.00 per share. RBC Capital Markets, Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray served as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

Press coverage about PI stock has trended positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. IMPINJ earned a news impact score of 0.43 on Accern's scale. They also gave press coverage about the company an impact score of 45.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Shares of PI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PI stock can currently be purchased for approximately $23.79.

IMPINJ has a market capitalization of $508.77 million and generates $125.30 million in revenue each year. The company earns $-17,320,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. IMPINJ employs 311 workers across the globe.

IMPINJ's mailing address is 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109. The company can be reached via phone at 206-517-5300 or via email at [email protected]