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NASDAQ: PI
Impinj Inc Stock Forecast, Predictions & Price Target

Analyst price target for PI

Based on 6 analysts offering 12 month price targets for Impinj Inc.
Min Forecast
$45.00-17.87%
Avg Forecast
$106.17+93.77%
Max Forecast
$130.00+137.27%

Should I buy or sell PI stock?

Based on 6 analysts offering ratings for Impinj Inc.
Strong Buy
Strong Buy
4 analysts 66.67%
Buy
1 analysts 16.67%
Hold
0 analysts 0%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%

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PI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 4%
97
BuyMaintains$85.00+55.14%2023-07-27
BWS Financial
Top 10%
91
SellInitiates Coverage On$45.00-17.87%2023-06-26
Roth MKM
Bottom 13%
13
Strong BuyMaintains$120.00+119.02%2023-06-15
Goldman Sachs
Top 7%
94
Strong BuyMaintains$127.00+131.79%2023-04-28
Piper Sandler
Top 3%
98
Strong BuyMaintains$130.00+137.27%2023-04-27
Lake Street
Bottom 19%
19
Strong BuyMaintains$130.00+137.27%2023-04-27

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Forecast return on equity

Is PI forecast to generate an efficient return?
Company
-4.38%
Industry
91.52%
Market
48.83%
PI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PI forecast to generate an efficient return on assets?
Company
-0.42%
Industry
12.23%
PI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PI revenue growth forecast

How is PI forecast to perform vs Communication Equipment companies and vs the US market?
Company
-5.3%
Industry
2.54%
Market
11.74%
PI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PI vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
PI$54.79$106.17+93.77%Strong Buy
SATS$17.66$54.00+205.78%Strong Buy
KN$14.77$16.00+8.33%Hold
HLIT$9.61$18.40+91.47%Strong Buy
DGII$28.47$45.00+58.06%Strong Buy

Impinj Stock Forecast FAQ

Is Impinj Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: PI) stock is to Strong Buy PI stock.

Out of 6 analysts, 4 (66.67%) are recommending PI as a Strong Buy, 1 (16.67%) are recommending PI as a Buy, 0 (0%) are recommending PI as a Hold, 1 (16.67%) are recommending PI as a Sell, and 0 (0%) are recommending PI as a Strong Sell.

If you're new to stock investing, here's how to buy Impinj stock.

What is PI's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: PI) forecast ROE is -4.38%, which is considered weak.

What is PI's Price Target?

According to 6 Wall Street analysts that have issued a 1 year PI price target, the average PI price target is $106.17, with the highest PI stock price forecast at $130.00 and the lowest PI stock price forecast at $45.00.

On average, Wall Street analysts predict that Impinj's share price could reach $106.17 by Jul 27, 2024. The average Impinj stock price prediction forecasts a potential upside of 93.77% from the current PI share price of $54.79.

What is PI's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: PI) forecast ROA is -0.42%, which is lower than the forecast US Communication Equipment industry average of 12.23%.
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