Impinj, Inc. (PI)

Market Cap	2.77B
Revenue (ttm)	290.55M
Net Income (ttm)	-18.20M
Shares Out	26.66M
EPS (ttm)	-0.71
PE Ratio	n/a
Forward PE	103.09
Dividend	n/a
Ex-Dividend Date	n/a

Volume	268,709
Open	105.49
Previous Close	103.82
Day's Range	102.40 - 105.69
52-Week Range	46.33 - 144.90
Beta	2.22
Analysts	Strong Buy
Price Target	134.14 (+29.33%)
Earnings Date	Jul 26, 2023

About PI

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual 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 comprise reader ICs, readers, and gateways to wi...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jul 21, 2016
• Employees: 389
• Stock Exchange: NASDAQ
• Ticker Symbol: PI

Financial Performance

In 2022, Impinj's revenue was $257.80 million, an increase of 35.48% compared to the previous year's $190.28 million. Losses were -$24.30 million, -52.59% less than in 2021.

Analyst Forecast

According to 7 analysts, the average rating for PI stock is "Strong Buy." The 12-month stock price forecast is $134.14, which is an increase of 29.33% from the latest price.

Price Target

$134.14

(29.33% upside)

Analyst Consensus: Strong Buy