Free Trial
NASDAQ:PI

Impinj (PI) Stock Price, News & Analysis

$161.60
+1.73 (+1.08%)
(As of 07/5/2024 08:53 PM ET)
Today's Range
$158.36
$162.17
50-Day Range
$146.66
$174.87
52-Week Range
$48.39
$175.41
Volume
195,000 shs
Average Volume
425,995 shs
Market Capitalization
$4.48 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$154.00

Impinj MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
4.7% Downside
$154.00 Price Target
Short Interest
Bearish
10.90% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.68
Upright™ Environmental Score
News Sentiment
1.02mentions of Impinj in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$166.96 M Sold Last Quarter
Proj. Earnings Growth
2,150.00%
From $0.02 to $0.45 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.

3.73 out of 5 stars

Computer And Technology Sector

182nd out of 568 stocks

Electronic Components, Not Elsewhere Classified Industry

2nd out of 6 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

Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Samsara logo on smartphone screen
Samsara Gains on IoT Trends Despite Stock Dip (PI)
Samsara Inc. (NYSE: IOT) is a leading industrial Internet of Things (IoT) provider offering hardware, software, and cloud platforms complete with data analysis
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Impinj: What May Be Motivating The Shorts?
Goldman Sachs Downgrades Impinj (PI)
Peeling Back The Layers: Exploring Impinj Through Analyst Insights
See More Headlines
Receive PI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Impinj and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/24/2024
Today
7/07/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic components, not elsewhere classified
Sub-Industry
N/A
Employees
475
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$154.00
High Stock Price Target
$200.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$-43,370,000.00
Pretax Margin
-2.03%

Debt

Sales & Book Value

Annual Sales
$307.54 million
Book Value
$1.26 per share

Miscellaneous

Free Float
13,579,000
Market Cap
$4.48 billion
Optionable
Optionable
Beta
1.78
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

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 79.5% and is now trading at $161.60.
View the best growth stocks for 2024 here
.

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) announced its earnings results on Wednesday, April, 24th. The company reported ($0.17) EPS for the quarter, beating analysts' consensus estimates of ($0.31) by $0.14. The company earned $76.83 million during the quarter, compared to analyst estimates of $73.57 million. Impinj had a negative net margin of 1.90% and a negative trailing twelve-month return on equity of 60.13%.

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 (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.

Who are Impinj's major shareholders?

Top institutional investors of Impinj include DNB Asset Management AS (0.01%). 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 7/8/2024 by MarketBeat.com Staff

From Our Partners