Impinj, Inc. (PI)

Market Cap	5.26B
Revenue (ttm)	345.17M
Net Income (ttm)	28.35M
Shares Out	28.29M
EPS (ttm)	1.03
PE Ratio	181.21
Forward PE	71.85
Dividend	n/a
Ex-Dividend Date	n/a

Volume	367,823
Open	183.76
Previous Close	182.84
Day's Range	179.69 - 186.07
52-Week Range	78.17 - 239.88
Beta	1.82
Analysts	Strong Buy
Price Target	221.67 (+19.22%)
Earnings Date	Oct 23, 2024

About 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 bidirectio...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jul 21, 2016
• Employees: 475
• Stock Exchange: NASDAQ
• Ticker Symbol: PI
• Website: https://www.impinj.com

Financial Performance

In 2023, Impinj's revenue was $307.54 million, an increase of 19.29% compared to the previous year's $257.80 million. Losses were -$43.37 million, 78.5% more than in 2022.

Analyst Forecast

According to 9 analysts, the average rating for PI stock is "Strong Buy." The 12-month stock price forecast is $221.67, which is an increase of 19.22% from the latest price.

Price Target

$221.67

(19.22% upside)

Analyst Consensus: Strong Buy