Impinj, Inc. (PI)
NASDAQ: PI · IEX Real-Time Price · USD
127.42
+0.83 (0.66%)
At close: Mar 27, 2024, 4:00 PM
128.12
+0.70 (0.55%)
After-hours: Mar 27, 2024, 6:59 PM EDT

Impinj Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Impinj stock have an average target of 119.38, with a low estimate of 45 and a high estimate of 150. The average target predicts a decrease of -6.31% from the current stock price of 127.42.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $45 $119.38 $130 $150
Change -64.68% -6.31% +2.02% +17.72%

Analyst Ratings

The average analyst rating for Impinj stock from 8 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 666555
Buy 112222
Hold 000000
Sell 000000
Strong Sell 111111
Total 889888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Maintains
$115$125
Strong Buy Maintains $115$125 -1.90% Mar 14, 2024
Needham
Needham
Strong Buy
Maintains
$120$130
Strong Buy Maintains $120$130 +2.02% Mar 14, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$130$150
Strong Buy Maintains $130$150 +17.72% Mar 14, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$95$115
Strong Buy Maintains $95$115 -9.75% Feb 9, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$89$115
Strong Buy Maintains $89$115 -9.75% Feb 9, 2024
More Analyst Ratings

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
0.97
from -1.62
EPS Next Year
1.91
from 0.97
Increased by 96.52%
Year 20192020202120222023202420252026
Revenue
152.84M138.92M190.28M257.80M307.54M338.06M418.53M515.36M
Revenue Growth
24.63%-9.10%36.97%35.48%19.29%9.92%23.80%23.14%
EPS
-1.05-2.28-2.12-0.95-1.620.971.913.38
EPS Growth
------96.52%76.88%
No. Analysts -----11115
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
14.6%
34.8%
32.9%
Avg
9.9%
23.8%
23.1%
Low
-0.6%
9.8%
10.3%

EPS Forecast

EPS 202420252026
High 1.35 2.76 3.56
Avg 0.97 1.91 3.38
Low 0.77 1.43 3.12

EPS Growth

EPS Growth 202420252026
High -
183.7%
86.1%
Avg -
96.5%
76.9%
Low -
47.0%
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.