Impinj (PI) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last twelve months. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PI shares.
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6 brokers have issued twelve-month target prices for Impinj's shares. Their PI share price targets range from $45.00 to $150.00. On average, they predict the company's stock price to reach $114.38 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
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Impinj's stock was trading at $90.03 at the beginning of the year. Since then, PI stock has increased by 31.6% and is now trading at $118.50.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
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Impinj will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3992794".

Impinj, Inc. (NASDAQ:PI) posted its earnings results on Thursday, February, 8th. The company reported ($0.36) EPS for the quarter, beating analysts' consensus estimates of ($0.47) by $0.11. The business had revenue of $70.65 million for the quarter, compared to the consensus estimate of $67.10 million. Impinj had a negative trailing twelve-month return on equity of 74.70% and a negative net margin of 14.10%.

ETFs with the largest weight of Impinj (NASDAQ:PI) stock in their portfolio include Invesco Dorsey Wright Technology Momentum ETF (PTF), Alger Mid Cap 40 ETF (FRTY), SPDR S&P Semiconductor ETF (XSD), SPDR FactSet Innovative Technology ETF (XITK), Global X Internet of Things Thematic ETF (SNSR), Fidelity Disruptive Communications ETF (FDCF) and Jacob Forward ETF (JFWD).AdvisorShares Ranger Equity Bear ETF (HDGE).

Impinj updated its first quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 0.080-0.130 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $72.0 million-$75.0 million, compared to the consensus revenue estimate of $70.8 million.

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.

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

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

Impinj's stock is owned by many different institutional and retail investors. Top institutional shareholders include Future Financial Wealth Managment LLC (0.00%). Insiders that own company stock include Cary Baker, Cathal G Phelan, Chris PhD Diorio, Gregory Sessler, Hussein Mecklai, Jeffrey Dossett, Oppen Peter H Van, Steve Sanghi and Sylebra Capital Ltd.
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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.
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