How to Buy Impinj Stock
Impinj Inc
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Impinj stock last closed at $82.56, down 1.47% from the previous day, and has decreased 29.36% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.03 percentage points. Impinj stock is currently +70.61% from its 52-week low of $48.39, and -43.02% from its 52-week high of $144.90.
At the moment, there are 27.06M PI shares outstanding. The market cap of PI is $2.23B. In the past 24 hours, 253,698 PI shares were traded.
How to Buy Impinj Stock
Wondering how to invest in Impinj stock? Here's how.
- Choose where to buy Impinj stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Impinj stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Evaluate Impinj stock: The Impinj ticker symbol is PI. Is Impinj stock a good investment? Should you buy shares of PI? How do PI's underlying business fundamentals look? Do top analysts think Impinj is a good buy? Why has PI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PI is a good stock to buy).
- Place your PI buy order: Decide if you will purchase PI shares at the current market price or use a limit order to buy PI shares at a specific price.
- Watch your investment in PI: Create a watchlist to watch your investment in Impinj stock.
Step 1: Choose where to buy Impinj stock
You need an online brokerage account in order to access the NASDAQ market and buy PI stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to invest in PI today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on stock market app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring funds into your new investment account.
Step 4: Evaluate Impinj stock
Once you have identified the best place to buy Impinj stock, it's absolutely critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Impinj Metrics
PI Zen Score
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PI's stock page.
Is PI stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PI's intrinsic value.
Using relative valuations methods:
- PI may be overvalued based on its P/B ratio of 64.19x, relative to Communication Equipment industry P/B ratio of 2.9x
You can access more valuation analysis on PI's stock here.
PI Financial Health Summary
Positive Financial Indicators:
- PI profit margin has gone up from -18.9% to -9% in the past year.
- PI has cash burn of 78540000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the PI balance sheet.
Negative Financial Indicators:
- PI has $113.23M in cash and short term investments. This is not enough to cover its annual cash burn of $78.54M.
- There are more long-term liabilities than short-term assets on the PI balance sheet.
- Total PI debt is higher than 5 years ago, relative to shareholder equity.
- PI has a relatively high debt to equity ratio of 9.45.
Do analysts think it's a good time to buy Impinj stock
Out of 4 Equities analysts who give recommendations on PI, the consensus analyst rating on PI is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Impinj stock forecast page.
PI Trading Indicators
PI Performance Numbers
Last year, PI revenue was $313.48M. Over the last five year, PI's revenue has gone up by 22.23% per year. This was faster than the Communication Equipment industry average of 3.84%.
You can research PI's earnings and revenue performance here.
Who is buying/selling PI?
In the past year, insiders at PI have bought more shares than they have sold.
Cary Baker, Chief Financial Officer of PI, was the latest PI insider to sell. They sold $121,748.58 worth of PI stock on Nov 27, 2023.
Research more about who owns PI stock here.
Can I get consistent income from PI stock?
No, Impinj doesn't provide an income stream by paying out dividends.
PI Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your PI buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you need additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in PI
Now that you own some shares in PI, you'll want to keep up with your company.
Add PI to a watchlist to track the latest developments regarding your PI stock.
PI Feed
How to Buy Stock in Impinj
To reiterate, here are the 6 steps for buying Impinj stock:
- Choose where to buy Impinj stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Impinj stock
- Place your PI buy order
- Watch your investment in PI
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Impinj, create your watchlist below.
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