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Impinj (PI) Stock Price, News & Analysis

$156.73
-8.49 (-5.14%)
(As of 09/6/2024 ET)
Today's Range
$153.84
$165.12
50-Day Range
$137.66
$181.50
52-Week Range
$48.39
$181.88
Volume
301,640 shs
Average Volume
422,610 shs
Market Capitalization
$4.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$187.10

Impinj MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.90 Rating Score
Upside/​Downside
19.4% Upside
$187.10 Price Target
Short Interest
Bearish
10.03% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.68
Upright™ Environmental Score
News Sentiment
0.92mentions of Impinj in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$7.71 M Sold Last Quarter
Proj. Earnings Growth
177.42%
From $0.31 to $0.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.28 out of 5 stars

Computer And Technology Sector

141st out of 594 stocks

Electronic Components, Not Elsewhere Classified Industry

3rd out of 7 stocks

PI stock logo

About Impinj Stock (NASDAQ:PI)

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enable its partners to solve enterprise business problems, such as retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

PI Stock Price History

PI Stock News Headlines

“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Impinj to Participate in Upcoming Investor Conferences
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Impinj: A New Growth Cycle
Why Impinj Stock Was Climbing Today
Impinj Q2 Earnings: Riding A Pricey Wave
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components, not elsewhere classified
Sub-Industry
Electronic Equipment
Employees
390
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$187.10
High Stock Price Target
$215.00
Low Stock Price Target
$150.00
Potential Upside/Downside
+19.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$-43,370,000.00
Pretax Margin
3.91%

Debt

Sales & Book Value

Annual Sales
$307.54 million
Book Value
$1.26 per share

Miscellaneous

Free Float
13,579,000
Market Cap
$4.41 billion
Optionable
Optionable
Beta
1.78
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PI Stock Analysis - Frequently Asked Questions

How have PI shares performed this year?

Impinj's stock was trading at $90.03 at the beginning of 2024. Since then, PI stock has increased by 74.1% and is now trading at $156.73.
View the best growth stocks for 2024 here
.

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) issued its earnings results on Wednesday, July, 24th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.09. The company's quarterly revenue was up 19.2% compared to the same quarter last year.

What is Chris Diorio's approval rating as Impinj's CEO?

47 employees have rated Impinj Chief Executive Officer Chris Diorio on Glassdoor.com. Chris Diorio has an approval rating of 73% among the company's employees.

When did Impinj IPO?

Impinj (PI) raised $69 million in an initial public offering 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.

Who are Impinj's major shareholders?

Impinj's top institutional investors include Sylebra Capital LLC (11.37%), Chevy Chase Trust Holdings LLC (3.30%), Assenagon Asset Management S.A. (2.38%) and American Century Companies Inc. (0.80%). Insiders that own company stock include Sylebra Capital Ltd, Sylebra Capital Llc, Chris PhD Diorio, Cary Baker, Jeffrey Dossett, Hussein Mecklai, Steve Sanghi, Gregory Sessler, Cathal G Phelan, Umesh Padval, Miron Washington and Oppen Peter H Van.
View institutional ownership trends
.

How do I buy shares of Impinj?

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

What other stocks do shareholders of Impinj own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Impinj investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), JD.com (JD), Editas Medicine (EDIT), Block (SQ) and Inseego (INSG).

This page (NASDAQ:PI) was last updated on 9/7/2024 by MarketBeat.com Staff

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