Impinj, Inc. (PI)
NASDAQ: PI · Real-Time Price · USD
149.83
+7.20 (5.05%)
Dec 20, 2024, 4:00 PM EST - Market closed
Impinj Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Impinj stock have an average target of 221.67, with a low estimate of 150 and a high estimate of 270. The average target predicts an increase of 47.95% from the current stock price of 149.83.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 25, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $165 → $200 | Hold | Maintains | $165 → $200 | +33.48% | Oct 25, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $205 → $260 | Buy | Maintains | $205 → $260 | +73.53% | Oct 24, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $190 → $251 | Strong Buy | Maintains | $190 → $251 | +67.52% | Oct 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Reiterates $205 → $270 | Buy | Reiterates | $205 → $270 | +80.20% | Oct 24, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $225 → $235 | Buy | Reiterates | $225 → $235 | +56.84% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
378.33M
from 307.54M
Increased by 23.02%
Revenue Next Year
453.65M
from 378.33M
Increased by 19.91%
EPS This Year
2.13
from -1.62
EPS Next Year
2.83
from 2.13
Increased by 32.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 386.6M | 484.1M | 628.4M | ||
| Avg | 378.3M | 453.7M | 554.1M | ||
| Low | 359.6M | 419.9M | 490.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.7% | 27.9% | 38.5% | ||
| Avg | 23.0% | 19.9% | 22.1% | ||
| Low | 16.9% | 11.0% | 8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.26 | 3.30 | 5.12 | ||
| Avg | 2.13 | 2.83 | 3.82 | ||
| Low | 1.95 | 2.43 | 3.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 54.5% | 81.1% | ||
| Avg | - | 32.5% | 35.0% | ||
| Low | - | 13.9% | 12.6% |
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.