Impinj, Inc. (PI)
NASDAQ: PI · IEX Real-Time Price · USD
158.68
+3.46 (2.23%)
At close: Jul 2, 2024, 4:00 PM
160.04
+1.36 (0.86%)
After-hours: Jul 2, 2024, 6:52 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 -5.40% from the current stock price of 158.68.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Impinj stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $195 | Strong Buy | Reiterates | $195 | +22.89% | Jun 5, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $156 | Strong Buy → Hold | Downgrades | $156 | -1.69% | May 20, 2024 |
| Needham | Needham | Strong Buy Maintains $160 → $195 | Strong Buy | Maintains | $160 → $195 | +22.89% | May 16, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $135 → $200 | Strong Buy | Initiates | $135 → $200 | +26.04% | May 13, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $130 → $156 | Strong Buy | Maintains | $130 → $156 | -1.69% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
362.92M
from 307.54M
Increased by 18.01%
Revenue Next Year
434.33M
from 362.92M
Increased by 19.68%
EPS This Year
1.74
from -1.62
EPS Next Year
2.40
from 1.74
Increased by 37.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 375.5M | 453.3M | 564.3M | 712.4M |
| Avg | 362.9M | 434.3M | 538.3M | 672.3M |
| Low | 341.0M | 392.1M | 492.0M | 614.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.1% | 24.9% | 29.9% | 32.4% |
| Avg | 18.0% | 19.7% | 23.9% | 24.9% |
| Low | 10.9% | 8.0% | 13.3% | 14.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.86 | 2.80 | 4.70 | 4.95 |
| Avg | 1.74 | 2.40 | 3.65 | 4.85 |
| Low | 1.56 | 1.99 | 2.82 | 4.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 60.9% | 95.7% | 35.7% |
| Avg | - | 38.0% | 51.7% | 33.1% |
| Low | - | 14.2% | 17.4% | 26.6% |
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.