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NASDAQ:PI

Impinj (PI) Stock Price, News & Analysis

Impinj logo
$96.75 -4.06 (-4.03%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$96.75 0.00 (0.00%)
As of 02/21/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Impinj Stock (NASDAQ:PI)

Key Stats

Today's Range
$96.69
$102.65
50-Day Range
$100.81
$152.24
52-Week Range
$96.69
$239.88
Volume
487,845 shs
Average Volume
796,177 shs
Market Capitalization
$2.76 billion
P/E Ratio
71.14
Dividend Yield
N/A
Price Target
$180.10
Consensus Rating
Moderate Buy

Company Overview

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.

Impinj Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
88th Percentile Overall Score

PI MarketRank™: 

Impinj scored higher than 88% of companies evaluated by MarketBeat, and ranked 117th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Impinj has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Impinj has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Impinj's stock forecast and price target.
  • Earnings Growth

    Earnings for Impinj are expected to grow in the coming year, from ($0.47) to $0.80 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Impinj is 71.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Impinj is 71.14, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 45.96.

  • Price to Book Value per Share Ratio

    Impinj has a P/B Ratio of 18.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Impinj's valuation and earnings.
  • Percentage of Shares Shorted

    15.73% of the outstanding shares of Impinj have been sold short.
  • Short Interest Ratio / Days to Cover

    Impinj has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Impinj has recently increased by 6.15%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Impinj does not currently pay a dividend.

  • Dividend Growth

    Impinj does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.73% of the outstanding shares of Impinj have been sold short.
  • Short Interest Ratio / Days to Cover

    Impinj has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Impinj has recently increased by 6.15%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Impinj has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Impinj this week, compared to 8 articles on an average week.
  • Search Interest

    Only 9 people have searched for PI on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
  • MarketBeat Follows

    7 people have added Impinj to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Impinj insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $789,298.00 in company stock.

  • Percentage Held by Insiders

    51.00% of the stock of Impinj is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about Impinj's insider trading history.
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PI Stock News Headlines

Watch This Robotics Demo Before March 17th
Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%... Just did a demo of what Nvidia’s CEO said will be "the first multitrillion-dollar robotics industry."
Impinj Full Year 2024 Earnings: EPS Beats Expectations
See More Headlines

PI Stock Analysis - Frequently Asked Questions

Impinj's stock was trading at $145.26 at the beginning of 2025. Since then, PI shares have decreased by 33.4% and is now trading at $96.75.
View the best growth stocks for 2025 here
.

Impinj, Inc. (NASDAQ:PI) announced its earnings results on Wednesday, February, 5th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.48 by $0.49. Impinj had a net margin of 11.15% and a trailing twelve-month return on equity of 7.11%.

Impinj (PI) raised $69 million in an IPO on Thursday, July 21st 2016. The company issued 4,600,000 shares at a price of $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.

Impinj's top institutional shareholders include Sylebra Capital LLC (12.27%), Vanguard Group Inc. (12.17%), Capital International Investors (5.40%) and Chevy Chase Trust Holdings LLC (2.88%). 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 and Miron Washington.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Impinj investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), CrowdStrike (CRWD), Arista Networks (ANET) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
2/05/2025
Today
2/22/2025
Next Earnings (Estimated)
4/23/2025
Fiscal Year End
12/31/2025

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
$180.10
High Stock Price Target
$270.00
Low Stock Price Target
$130.00
Potential Upside/Downside
+86.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90
Research Coverage
10 Analysts

Profitability

Net Income
$40.84 million
Pretax Margin
11.20%

Debt

Sales & Book Value

Annual Sales
$366.09 million
Cash Flow
$1.07 per share
Book Value
$5.25 per share

Miscellaneous

Free Float
13,984,000
Market Cap
$2.76 billion
Optionable
Optionable
Beta
1.88

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This page (NASDAQ:PI) was last updated on 2/22/2025 by MarketBeat.com Staff
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