Impinj, Inc. (PI)
NASDAQ: PI · IEX Real-Time Price · USD
173.40
+3.79 (2.23%)
At close: May 17, 2024, 4:00 PM
174.22
+0.82 (0.47%)
After-hours: May 17, 2024, 7:09 PM EDT
Impinj Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Impinj stock have an average target of 150.11, with a low estimate of 45 and a high estimate of 200. The average target predicts a decrease of -13.43% from the current stock price of 173.40.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Impinj stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 9 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $160 → $195 | Strong Buy | Maintains | $160 → $195 | +12.46% | May 16, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $135 → $200 | Strong Buy | Initiates | $135 → $200 | +15.34% | May 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $130 → $156 | Strong Buy | Maintains | $130 → $156 | -10.03% | Apr 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $140 → $150 | Buy | Maintains | $140 → $150 | -13.49% | Apr 25, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $125 → $145 | Strong Buy | Maintains | $125 → $145 | -16.38% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
338.06M
from 307.54M
Increased by 9.92%
Revenue Next Year
418.53M
from 338.06M
Increased by 23.80%
EPS This Year
1.01
from -1.62
EPS Next Year
1.91
from 1.01
Increased by 89.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 352.5M | 455.8M | 556.1M |
| Avg | 338.1M | 418.5M | 515.4M |
| Low | 305.6M | 371.3M | 461.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.6% | 34.8% | 32.9% |
| Avg | 9.9% | 23.8% | 23.1% |
| Low | -0.6% | 9.8% | 10.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.35 | 2.76 | 3.56 |
| Avg | 1.01 | 1.91 | 3.38 |
| Low | 0.77 | 1.43 | 3.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 172.9% | 86.1% |
| Avg | - | 89.0% | 76.9% |
| Low | - | 41.4% | 62.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.