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Impinj, Inc. (PI)

Technology | Semiconductors | Seattle, United States | NasdaqGS
146.02 USD +1.99 (1.382%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 146.00 -0.02 (-0.020%) ⇩ (July 13, 2026, 6:43 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:50 a.m. EDT

Impinj presents a classic turnaround dilemma where the long-term equity story remains intact despite current operational bleeding. The stock has delivered a staggering 550% gain over the last nine years, yet the company is currently posting negative operating margins and a 30% decline in the most recent fiscal year. While the balance sheet holds significant liquidity, the debt load exceeds cash reserves, and the high beta amplifies volatility. Options markets are screaming uncertainty, with implied volatility spiking to over 120% for year-end contracts, indicating a wait-and-see approach to earnings. Until profitability stabilizes and the 2025 decline reverses, the investment case relies entirely on the belief that the growth potential will eventually convert into sustainable earnings rather than just revenue.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.228711
AutoTheta0.229547
AutoARIMA0.237671
AutoETS0.242562
MSTL_520.266544
MSTL_790.273137
MSTL_52_790.292903

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 37%
H-stat 1.01
Ljung-Box p 0.000
Jarque-Bera p 0.315
Excess Kurtosis -0.66
Attribute Value
Sector Technology
Debt to Equity Ratio 129.996
Revenue per Share 12.158
Market Cap 4,447,650,304
Forward P/E 51.77
Beta 1.93
Profit Margins -7.66%
Website https://www.impinj.com

As of July 11, 2026, 3:50 a.m. EDT: Speculators are pricing in extreme volatility with ATM implied volatility ranging from 67% to 127% across expirations. There is a distinct straddle bias with significant open interest walls at 150 for calls and 170 for puts in the near term, while December 2026 contracts show massive put protection at 100 and call ambition at 200. The high IV suggests traders expect a binary event or continued turbulence rather than a smooth path.


Info Dump

Attribute Value
52 Week Change 0.27799463
Address1 400 Fairview Avenue North
Address2 Suite 1200
All Time High 247.064
All Time Low 9.95
Ask 182.61
Ask Size 2
Audit Risk 3
Average Daily Volume10 Day 370,710
Average Daily Volume3 Month 475,555
Average Volume 475,555
Average Volume10Days 370,710
Beta 1.925
Bid 105.27
Bid Size 2
Board Risk 4
Book Value 6.694
City Seattle
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 146.02
Current Ratio 9.201
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 149.46
Day Low 140.965
Debt To Equity 129.996
Display Name Impinj
Earnings Call Timestamp End 1,785,355,200
Earnings Call Timestamp Start 1,785,355,200
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,785,355,200
Earnings Timestamp Start 1,785,355,200
Ebitda 9,028,000
Ebitda Margins 0.025
Enterprise To Ebitda 507.408
Enterprise To Revenue 12.688
Enterprise Value 4,580,880,384
Eps Current Year 1.88148
Eps Forward 2.82033
Eps Trailing Twelve Months -0.89
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 206 517 5262
Fifty Day Average 139.8492
Fifty Day Average Change 6.170807
Fifty Day Average Change Percent 0.044124722
Fifty Two Week Change Percent 27.799463
Fifty Two Week High 247.064
Fifty Two Week High Change -101.04399
Fifty Two Week High Change Percent -0.40897903
Fifty Two Week Low 87.36
Fifty Two Week Low Change 58.660004
Fifty Two Week Low Change Percent 0.6714744
Fifty Two Week Range 87.36 - 247.064
Financial Currency USD
First Trade Date Milliseconds 1,469,107,800,000
Float Shares 29,466,216
Forward Eps 2.82033
Forward P E 51.774086
Free Cashflow 55,473,876
Full Exchange Name NasdaqGS
Full Time Employees 457
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.52474
Gross Profits 189,455,008
Has Pre Post Market Data 1
Held Percent Insiders 0.02809
Held Percent Institutions 1.07493
Implied Shares Outstanding 30,459,185
Industry Semiconductors
Industry Disp Semiconductors
Industry Key semiconductors
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects 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 consists of 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 that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
Long Name Impinj, Inc.
Market us_market
Market Cap 4,447,650,304
Market State PREPRE
Max Age 86,400
Message Board Id finmb_427445
Most Recent Quarter 1,774,915,200
Net Income To Common -27,657,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,390,082,334
Number Of Analyst Opinions 8
Open 141.095
Operating Cashflow 73,869,000
Operating Margins -0.20427999
Overall Risk 1
Payout Ratio 0.0
Phone 206 517 5300
Post Market Change -0.020004272
Post Market Change Percent -0.01369968
Post Market Price 146.0
Post Market Time 1,783,982,586
Previous Close 144.03
Price Eps Current Year 77.609116
Price Hint 2
Price To Book 21.813566
Price To Sales Trailing12 Months 12.318723
Profit Margins -0.0766
Quick Ratio 6.283
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 1.99001
Regular Market Change Percent 1.38166
Regular Market Day High 149.46
Regular Market Day Low 140.965
Regular Market Day Range 140.965 - 149.46
Regular Market Open 141.095
Regular Market Previous Close 144.03
Regular Market Price 146.02
Regular Market Time 1,783,972,800
Regular Market Volume 385,492
Return On Assets -0.00806
Return On Equity -0.15177
Revenue Growth -0.0
Revenue Per Share 12.158
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 1
Shares Outstanding 30,459,185
Shares Percent Shares Out 0.1095
Shares Short 3,335,442
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,253,966
Short Name Impinj, Inc.
Short Percent Of Float 0.161
Short Ratio 7.32
Source Interval 15
State WA
Symbol PI
Target High Price 200.0
Target Low Price 144.0
Target Mean Price 175.0
Target Median Price 175.0
Total Cash 131,839,000
Total Cash Per Share 4.328
Total Debt 265,068,992
Total Revenue 361,048,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.89
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 148.47372
Two Hundred Day Average Change -2.45372
Two Hundred Day Average Change Percent -0.016526291
Type Disp Equity
Volume 385,492
Website https://www.impinj.com
Zip 98,109