Impinj Inc [PI] stock is trading at $91.06, up 3.01%. An important factor to consider is whether the stock is rising or falling in short-term value. The PI shares have lost -0.10% over the last week, with a monthly amount glided 0.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Impinj Inc [NASDAQ: PI] stock has seen the most recent analyst activity on July 18, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $205. Previously, Piper Sandler reaffirmed its Overweight rating on July 11, 2024, and elevated its price target to $180. On May 20, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $156 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $200 on May 13, 2024. Evercore ISI initiated its recommendation with a Outperform and recommended $160 as its price target on April 16, 2024. Needham reiterated a Buy rating for this stock on March 14, 2024, and upped its price target to $130. In a note dated February 09, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $115 to $120.
Impinj Inc [PI] stock has fluctuated between $83.53 and $239.88 over the past year. Currently, Wall Street analysts expect the stock to reach $257.2 within the next 12 months. Impinj Inc [NASDAQ: PI] shares were valued at $91.06 at the most recent close of the market. An investor can expect a potential return of 182.45% based on the average PI price forecast.
Analyzing the PI fundamentals
Impinj Inc [NASDAQ:PI] reported sales of 366.09M for the trailing twelve months, which represents a growth of 29.61%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.33 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 87.70 points at the first support level, and at 84.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.93, and for the 2nd resistance point, it is at 96.79.
Ratios To Look Out For
For context, Impinj Inc’s Current Ratio is 0.98. On the other hand, the Quick Ratio is 0.68, and the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 7.10, the price to book ratio is 17.32 and price to earnings (TTM) ratio is 69.38.
Transactions by insiders
Recent insider trading involved DOSSETT JEFFREY, Former Affiliate, that happened on Apr 02 ’25 when 11301.0 shares were purchased. Former Affiliate, DOSSETT JEFFREY completed a deal on Mar 27 ’25 to buy 4857.0 shares. Meanwhile, Former Affiliate DOSSETT JEFFREY bought 1995.0 shares on Mar 26 ’25.
