PI - Impinj Inc Stock Price, Fair Value and News

120.91USD-2.77 (-2.24%)Market Closed

Market Summary

USD120.91-2.77

Market Closed

-2.24%

PI Alerts

5 major insider sales recently.

PI Stock Price

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PI RSI Chart

PI Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

-591.59

Price/Sales (Trailing)

11.23

EV/EBITDA

238.47

Price/Free Cashflow

166.66

PI Price/Sales (Trailing)

PI Profitability

EBT Margin

-2.03%

Return on Equity

-6.59%

Return on Assets

-1.37%

Free Cashflow Yield

0.6%

PI Fundamentals

PI Revenue

Revenue (TTM)

298.5M

Rev. Growth (Yr)

-10.56%

Rev. Growth (Qtr)

8.74%

PI Earnings

Earnings (TTM)

-5.7M

Earnings Growth (Yr)

865.12%

Earnings Growth (Qtr)

319.66%

Breaking Down PI Revenue

Last 7 days

0.7%

Last 30 days

-5.5%

Last 90 days

19.1%

Trailing 12 Months

-11.1%

How does PI drawdown profile look like?

PI Financial Health

Current Ratio

9.42

Debt/Equity

3.29

Debt/Cashflow

0.13

PI Investor Care

Shares Dilution (1Y)

4.26%

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	298.5M	0	0	0
2023	290.6M	316.7M	313.5M	307.5M
2022	198.2M	210.7M	233.8M	257.8M
2021	136.3M	157.2M	174.2M	190.3M
2020	167.6M	155.9M	143.3M	138.9M
2019	130.6M	140.3M	146.6M	152.8M
2018	118.6M	113.1M	114.9M	122.6M
2017	122.4M	130.5M	132.1M	125.3M
2016	84.0M	90.9M	101.3M	112.3M
2015	0	68.7M	73.6M	78.5M
2014	0	0	0	63.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Impinj Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	baker cary	sold	-44,393	118	-374	chief financial officer
Apr 15, 2024	dossett jeffrey	sold	-59,111	118	-498	chief revenue officer
Apr 15, 2024	mecklai hussein	sold	-51,656	118	-435	chief operating officer
Apr 15, 2024	diorio chris ph.d.	sold	-147,626	118	-1,244	chief executive officer
Apr 12, 2024	mecklai hussein	acquired	-	-	1,094	chief operating officer
Apr 12, 2024	dossett jeffrey	acquired	-	-	1,250	chief revenue officer
Apr 12, 2024	baker cary	acquired	-	-	938	chief financial officer
Apr 12, 2024	diorio chris ph.d.	acquired	-	-	3,125	chief executive officer
Apr 02, 2024	washington miron	acquired	-	-	342	-
Mar 25, 2024	mecklai hussein	sold	-184,667	126	-1,456	chief operating officer

Which funds bought or sold PI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Aquila Investment Management LLC	unchanged	-	1,611,960	5,393,220	4.60%
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.16	-199,000	102,000	-%
Apr 22, 2024	Pacific Sage Partners, LLC	unchanged	-	90,538	302,919	0.08%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	424,375	1,091,610	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	7.9	651,571	1,860,400	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-1.32	1,079,020	3,726,720	0.01%
Apr 22, 2024	Rosenberg Matthew Hamilton	unchanged	-	39.00	129	-%
Apr 22, 2024	WEALTH EFFECTS LLC	added	1.00	594,769	1,944,770	0.72%
Apr 19, 2024	Taylor Frigon Capital Management LLC	reduced	-38.37	-618,193	4,491,910	2.14%
Apr 19, 2024	Pachira Investments Inc.	reduced	-81.1	-810,836	299,324	0.24%

Are Funds Buying or Selling PI?

Are funds buying PI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PI

No. of Funds

PI Alerts

5 major insider sales recently.

Unveiling Impinj Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	diorio chris ph.d.	4.6%	1,260,062	SC 13G/A
Feb 13, 2024	vanguard group inc	9.15%	2,474,690	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 01, 2024	invesco ltd.	1.9%	526,272	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	1,898,256	SC 13G/A
Nov 17, 2023	sylebra capital ltd	14.9%	4,030,559	SC 13D/A
Aug 25, 2023	sylebra capital ltd	13.83%	3,714,190	SC 13D/A
Aug 18, 2023	sylebra capital ltd	12.66%	3,400,679	SC 13D/A
Jul 10, 2023	vanguard group inc	10.07%	2,683,400	SC 13G/A
Jun 12, 2023	fmr llc	-	0	SC 13G

Recent SEC filings of Impinj Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 24, 2024	DEFA14A	DEFA14A
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Impinj Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.8B	57.2B	-2.68%	2.68%	14.57	3.42	7.66%	18.93%
ANET	79.7B	5.9B	-16.60%	65.90%	38.16	13.59	33.75%	54.34%
HPQ	27.5B	53.1B	-5.92%	-3.93%	8.06	0.52	-11.04%	34.01%
HPE	22.0B	29.1B	-2.81%	19.73%	10.87	0.76	2.24%	133.29%
LOGI	12.5B	4.2B	-12.85%	42.59%	25.74	2.95	-11.68%	12.69%
JNPR	11.4B	5.6B	-4.67%	14.07%	36.67	2.04	4.97%	-34.14%
MID-CAP
UI	6.6B	1.9B	-3.98%	-53.58%	17.67	3.5	4.69%	6.86%
BDC	3.4B	2.5B	-9.54%	8.10%	14.1	1.36	-3.62%	-4.73%
LITE	2.8B	1.4B	-17.64%	-11.47%	-10.64	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-4.46%	-29.16%	17.89	1.07	14.09%	64.56%
AAOI	416.6M	217.6M	-25.17%	439.80%	-7.43	1.91	-2.32%	15.59%
ADTN	375.8M	1.1B	-10.55%	-47.80%	-1.4	0.33	12.05%	-13041.29%
ALOT	134.3M	148.1M	-2.86%	23.15%	28.6	0.91	3.90%	76.40%
AIRG	58.2M	56.0M	1.28%	-3.32%	-4.68	1.04	-26.16%	-43.53%
AKTS	55.2M	29.7M	-1.75%	-80.49%	-0.8	1.86	39.86%	-13.06%

Impinj Inc News

Latest updates

Impinj Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	8.7%	76,825,000	70,651,000	65,005,000	85,986,000	85,897,000	76,590,000	68,270,000	59,796,000	53,144,000	52,574,000	45,193,000	47,268,000	45,248,000	36,448,000	28,196,000	26,457,000	47,822,000	40,821,000	40,762,000	38,190,000	33,063,000
Gross Profit	10.9%	37,548,000	33,870,000	30,768,000	43,814,000	43,530,000	40,168,000	37,435,000	31,502,000	28,779,000	29,183,000	23,013,000	24,777,000	21,981,000	17,414,000	13,372,000	12,960,000	21,394,000	19,932,000	19,781,000	18,416,000	15,873,000
Operating Expenses	1.2%	49,281,000	48,709,000	46,602,000	52,183,000	47,972,000	40,112,000	39,179,000	39,978,000	38,094,000	36,871,000	35,385,000	33,094,000	30,853,000	31,800,000	26,392,000	29,230,000	24,789,000	26,753,000	23,689,000	22,416,000	22,805,000
S&GA Expenses	-2.6%	10,176,000	10,445,000	10,073,000	10,632,000	9,973,000	9,655,000	9,326,000	9,614,000	9,299,000	9,710,000	8,736,000	8,196,000	7,645,000	8,086,000	6,964,000	6,123,000	7,490,000	8,063,000	7,842,000	8,188,000	8,549,000
R&D Expenses	6.5%	22,519,000	21,136,000	21,588,000	23,403,000	22,435,000	18,982,000	18,766,000	18,369,000	17,989,000	17,578,000	16,789,000	15,900,000	13,791,000	14,971,000	11,901,000	10,661,000	11,057,000	11,202,000	10,344,000	8,773,000	8,561,000
EBITDA Margin	159.4%	0.05	-0.08	-0.04	0.00	-0.02	-0.05	-0.14	-0.22	-0.22	-0.23	-0.23	-0.26	-0.35	-0.30	-0.24	-0.16	-	-	-	-	-
Interest Expenses	0.1%	1,216,000	1,215,000	1,213,000	1,211,000	1,209,000	1,207,000	1,205,000	1,250,000	1,261,000	974,000	526,000	525,000	525,000	1,392,000	1,360,000	1,349,000	1,312,000	531,000	413,000	421,000	429,000
Income Taxes	-100.7%	-1,000	150,000	-195,000	-349,000	72,000	117,000	24,000	-6,000	49,000	23,000	28,000	60,000	42,000	5,000	15,000	41,000	28,000	47,000	77,000	46,000	28,000
Earnings Before Taxes	321.8%	33,343,000	-15,030,000	-15,957,000	-8,415,000	-4,286,000	-1,000	-2,175,000	-11,529,000	-10,412,000	-19,991,000	-12,896,000	-8,846,000	-9,374,000	-15,712,000	-14,331,000	-17,493,000	-4,298,000	-7,633,000	-4,004,000	-4,112,000	-7,040,000
EBT Margin	85.7%	-0.02	-0.14	-0.09	-0.05	-0.06	-0.09	-0.19	-0.26	-0.26	-0.27	-0.27	-0.31	-0.42	-0.37	-0.31	-0.21	-	-	-	-	-
Net Income	319.7%	33,344,000	-15,180,000	-15,762,000	-8,066,000	-4,358,000	-118,000	-2,199,000	-11,523,000	-10,461,000	-20,014,000	-12,924,000	-8,906,000	-9,416,000	-15,717,000	-14,346,000	-17,534,000	-4,326,000	-7,680,000	-4,081,000	-4,158,000	-7,068,000
Net Income Margin	86.5%	-0.02	-0.14	-0.09	-0.05	-0.06	-0.09	-0.19	-0.26	-0.26	-0.27	-0.27	-0.31	-0.42	-0.37	-0.31	-0.22	-	-	-	-	-
Free Cashflow	4606.1%	53,938,000	-1,197,000	-4,475,000	-28,160,000	-34,142,000	-12,276,000	12,201,000	6,523,000	-17,886,000	-5,991,000	-897,000	-7,848,000	4,971,000	-4,063,000	-17,460,000	839,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	15.2%	414	359	364	384	373	350	328	304	317	316	210	211	214	208	200	211	218	215	164	160	158
Current Assets	20.3%	324	270	273	284	305	275	260	239	243	256	163	166	174	171	164	175	181	177	126	120	117
Cash Equivalents	76.0%	167	95.00	78.00	45.00	37.00	20.00	39.00	33.00	64.00	124	65.00	51.00	50.00	24.00	40.00	97.00	84.00	67.00	17.00	22.00	19.00
Inventory	-9.7%	88.00	97.00	107	112	86.00	46.00	32.00	32.00	32.00	22.00	18.00	24.00	28.00	36.00	38.00	37.00	32.00	34.00	36.00	38.00	41.00
Net PPE	5.7%	47.00	45.00	45.00	45.00	42.00	39.00	31.00	29.00	29.00	28.00	29.00	26.00	21.00	17.00	16.00	16.00	17.00	17.00	17.00	18.00	19.00
Goodwill	-1.8%	19.00	20.00	19.00	20.00	16.00	4.00	-	-	-	4.00	-	-	-	-	-	-	-	-	-	-	-
Liabilities	0.8%	328	325	329	347	346	334	326	316	323	327	121	123	128	98.00	91.00	95.00	90.00	90.00	62.00	64.00	62.00
Current Liabilities	11.5%	34.00	31.00	34.00	51.00	55.00	42.00	34.00	25.00	33.00	36.00	107	108	112	28.00	20.00	24.00	20.00	19.00	21.00	20.00	25.00
Long Term Debt	0.1%	282	282	281	281	281	280	280	279	279	279	-	-	-	55.00	54.00	53.00	52.00	51.00	20.00	22.00	16.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	10.00	10.00	84.00	84.00	84.00	-	-	-	-	-	3.00	1.00	8.00
LT Debt, Non Current	-100.0%	-	282	281	281	281	280	280	279	279	279	-	-	-	55.00	54.00	53.00	52.00	51.00	20.00	22.00	16.00
Shareholder's Equity	151.7%	86.00	34.00	35.00	37.00	27.00	16.00	2.00	-	-	-	89.00	89.00	86.00	109	109	116	128	125	103	97.00	96.00
Retained Earnings	7.8%	-396	-430	-414	-399	-391	-386	-386	-384	-372	-362	-342	-329	-320	-314	-298	-284	-267	-262	-255	-250	-246
Additional Paid-In Capital	4.1%	483	464	451	436	418	404	390	374	367	351	432	418	407	424	408	401	395	388	358	348	343
Shares Outstanding	2.0%	28.00	27.00	27.00	27.00	27.00	26.00	25.00	25.00	25.00	24.00	24.00	24.00	24.00	23.00	23.00	23.00	-	-	-	-	-
Float	-	-	-	-	2,100	-	-	-	1,300	-	-	-	968	-	-	-	472	-	-	-	434	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	4114.4%	60,140	1,427	-1,705	-22,544	-26,560	-6,172	14,452	7,197	-14,836	-3,942	5,426	-4,388	9,369	-3,325	-16,361	964	1,845	4,494	-1,627	2,572	-731
Share Based Compensation	-4.2%	11,790	12,307	12,307	13,148	10,224	10,213	10,057	10,859	11,314	11,547	10,920	10,582	7,449	10,174	5,683	4,597	5,221	6,673	4,793	3,543	3,477
Cashflow From Investing	-64.8%	5,046	14,328	32,489	29,065	39,926	-16,495	-13,688	-22,481	-50,135	-38,030	6,071	5,048	8,269	-18,328	-42,894	11,872	13,063	-4,886	-8,639	9.00	417
Cashflow From Financing	717.6%	6,917	846	2,137	1,233	4,520	2,954	5,966	-15,679	4,611	100,685	2,518	719	8,522	5,226	1,830	930	1,916	50,359	5,044	911	1,445

PI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 307,539,000	$ 257,800,000	$ 190,283,000
Cost of revenue	155,557,000	119,916,000	91,329,000
Gross profit	151,982,000	137,884,000	98,954,000
Operating expenses:
Research and development	88,562,000	74,106,000	64,058,000
Sales and marketing	41,123,000	37,894,000	34,287,000
General and administrative	60,828,000	45,465,000	36,137,000
Amortization of intangible assets	4,953,000	0
Restructuring costs		(102,000)	1,721,000
Total operating expenses	195,466,000	157,363,000	136,203,000
Loss from operations	(43,484,000)	(19,479,000)	(37,249,000)
Other income, net	4,644,000	2,517,000	25,000
Induced conversion expense		(2,232,000)	(11,333,000)
Interest expense	(4,848,000)	(4,923,000)	(2,550,000)
Loss before income taxes	(43,688,000)	(24,117,000)	(51,107,000)
Income tax benefit (expense)	322,000	(184,000)	(153,000)
Net loss	$ (43,366,000)	$ (24,301,000)	$ (51,260,000)
Net loss per share basic	$ (1.62)	$ (0.95)	$ (2.12)
Net loss per share diluted	$ (1.62)	$ (0.95)	$ (2.12)
Weighted-average shares outstanding basic	26,752	25,539	24,176
Weighted-average shares outstanding diluted	26,752	25,539	24,176

PI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 94,793	$ 19,597
Short-term investments	18,440	154,148
Accounts receivable, net of allowances of $827 and $755 at December 31, 2023 and 2022, respectively	54,919	49,996
Inventory	97,172	46,397
Prepaid expenses and other current assets	4,372	5,032
Total current assets	269,696	275,170
Long-term investments		19,200
Property and equipment, net	44,891	39,027
Intangible assets, net	13,913
Operating lease right-of-use assets	9,735	10,490
Other non-current assets	1,478	1,969
Goodwill	19,696	3,881
Total assets	359,409	349,737
Current liabilities:
Accounts payable	8,661	25,024
Accrued compensation and employee related benefits	8,519	9,048
Accrued and other current liabilities	8,614	2,925
Current portion of operating lease liabilities	3,373	3,122
Current portion of deferred revenue	1,713	2,250
Total current liabilities	30,880	42,369
Long-term debt	281,855	280,244
Operating lease liabilities, net of current portion	9,360	11,066
Deferred tax liabilities, net	2,911	118
Deferred revenue, net of current portion	272	349
Total liabilities	325,278	334,146
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, $0.001 par value - 5,000 shares authorized, no shares issued and outstanding at December 31, 2023 and 2022
Common stock, $0.001 par value - 495,000 shares authorized, 27,166 and 26,098 shares issued and outstanding at December 31, 2023 and 2022, respectively	27	26
Additional paid-in capital	463,900	403,599
Accumulated other comprehensive income (loss)	355	(1,249)
Accumulated deficit	(430,151)	(386,785)
Total stockholders' equity	34,131	15,591
Total liabilities and stockholders' equity	$ 359,409	$ 349,737

About Impinj Inc

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and package tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

CEO	Dr. Chris Diorio Ph.D.
WEBSITE	impinj.com
INDUSTRY	Computer Hardware
EMPLOYEES	389

Impinj Inc Frequently Asked Questions

What is the ticker symbol for Impinj Inc? What does PI stand for in stocks?

PI is the stock ticker symbol of Impinj Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Impinj Inc (PI)?

As of Wed Apr 24 2024, market cap of Impinj Inc is 3.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PI stock?

You can check PI's fair value in chart for subscribers.

What is the fair value of PI stock?

You can check PI's fair value in chart for subscribers. The fair value of Impinj Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Impinj Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Impinj Inc a good stock to buy?

The fair value guage provides a quick view whether PI is over valued or under valued. Whether Impinj Inc is cheap or expensive depends on the assumptions which impact Impinj Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PI.

What is Impinj Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PI's PE ratio (Price to Earnings) is -75.83 and Price to Sales (PS) ratio is 10.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PI PE ratio will change depending on the future growth rate expectations of investors.