At the time of writing, Impinj Inc [PI] stock is trading at $176.82, up 5.12%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PI shares have gain 9.30% over the last week, with a monthly amount glided 46.37%, 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 a Buy rating on this stock and boosted its target price from $115 to $120.
For the past year, the stock price of Impinj Inc fluctuated between $60.85 and $239.88. Currently, Wall Street analysts expect the stock to reach $198.73 within the next 12 months. Impinj Inc [NASDAQ: PI] shares were valued at $176.82 at the most recent close of the market. An investor can expect a potential return of 12.39% based on the average PI price forecast.
Analyzing the PI fundamentals
According to Impinj Inc [NASDAQ:PI], the company’s sales were 358.94M for trailing twelve months, which represents an -4.49% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.56.
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 169.17 points at the first support level, and at 161.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 183.62, and for the 2nd resistance point, it is at 190.41.
Ratios To Look Out For
It is important to note that Impinj Inc [NASDAQ:PI] has a current ratio of 11.64. As well, the Quick Ratio is 8.44, while the Cash Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 14.33, the price to book ratio is 27.40 and price to earnings (TTM) ratio is 24558.33.
Transactions by insiders
Recent insider trading involved MECKLAI HUSSEIN, Former Officer, that happened on Aug 04 ’25 when 12344.0 shares were purchased. Former Affiliate, DOSSETT JEFFREY completed a deal on Apr 02 ’25 to buy 11301.0 shares. Meanwhile, Former Affiliate DOSSETT JEFFREY bought 4857.0 shares on Mar 27 ’25.