Impinj Inc (PI) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Impinj Inc (PI) stock forecast summary
Our AI ranks Impinj Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Impinj Inc is a mid-cap company with a market capitalization of $5.36B. It ranks number 4 by market capitalization among the 11 Electronic Components, NEC issuers in our coverage with a current forecast.
For PI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 60.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 33.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How PI ranks among 5185 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Impinj Inc (PI) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electronic Components, NEC peers listed below that report each metric.
Valuation & Market
| Metric | PI | Rank |
|---|---|---|
| Market Cap | $5.36B | 4/11 |
| P/B Ratio | 23.14x | 2/11 |
| EPS | $-0.37 | – |
| Book Value/Share | $7.58 | – |
| Revenue/Share | $12.16 | – |
| FCF/Share | $2.06 | – |
Profitability & Margins
| Metric | PI | Rank |
|---|---|---|
| ROIC | -1.5% | 8/9 |
| Gross Margin | 52.9% | 3/9 |
| Operating Margin | -1.8% | 9/11 |
| EBT Margin | -7.3% | 9/11 |
| Tax Rate | -0.1% | – |
Financial Health
| Metric | PI | Rank |
|---|---|---|
| Current Ratio | 3.28x | 7/11 |
| Quick Ratio | 2.29x | 5/10 |
| D/E Ratio | 1.31x | 4/11 |
| Financial Leverage | 2.31x | 4/10 |
| Interest Coverage | 16.6x | 4/10 |
| Working Capital | $212M | 5/11 |
Cash Flow
| Metric | PI | Rank |
|---|---|---|
| Operating Cash Flow | $72M | 4/11 |
| Free Cash Flow | $63M | 4/10 |
| Capital Spending | -$9M | 6/10 |
| OCF Growth YoY | 57.7% | 3/8 |
| FCF Growth YoY | 129.4% | 2/7 |
| FCF/Sales | 16.9% | 3/10 |
| CapEx/Sales | 2.3% | 9/10 |
Operational Efficiency
| Metric | PI | Rank |
|---|---|---|
| Asset Turnover | 0.69x | 4/10 |
| Receivables Turnover | 5.2x | 6/11 |
| Inventory Turnover | 1.9x | 6/8 |
| Fixed Assets Turnover | 7.6x | 6/10 |
| Days Sales Outstanding | 70 days | 6/11 |
| Days Inventory | 191 days | 3/8 |
| Payables Period | 36 days | 8/9 |
| Cash Conversion Cycle | 225 days | 3/8 |
Income Statement
| Metric | PI | Rank |
|---|---|---|
| Total Revenue | $372M | 5/11 |
| Operating Income | -$7M | 10/11 |
| R&D Expense | $111M | 2/8 |
| SG&A Expense | $214M | 3/9 |
| Cost of Goods Sold | $175M | 5/9 |
Dividend & Shareholder Information
| Metric | PI | Rank |
|---|---|---|
| Shares Outstanding | 31M | – |
| EPS Growth | -208.8% | 7/7 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $305M | 57.0% of assets |
| Cash & Short-term Investments | $39M | 7.2% of assets |
| Accounts Receivable | $71M | 13.3% of assets |
| Inventory | $92M | 17.1% of assets |
| Total Liabilities | $303M | 56.7% of assets |
| Short-term Debt | $76M | 14.2% of assets |
PI quarterly financials and insider trading
Impinj Inc (PI) industry peers
Companies classified under the same SEC industry code as Impinj Inc (Electronic Components, NEC): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| PI Impinj Inc | ▲ | $5.36B |
| VRT Vertiv Holdings Co | ▶ | $79.47B |
| AEIS Advanced Energy Industries Inc | ▶ | $9.53B |
| VICR Vicor Corp | ▲ | $8.83B |
| VREX Varex Imaging Corp | ▼ | $775M |
| MPTI M-Tron Industries, Inc. | ▶ | $289M |
| ESP Espey Mfg & Electronics Corp | ▶ | $169M |
| LGL Lgl Group Inc | ▶ | $84M |
| NSYS Nortech Systems Inc | ▲ | $29M |
| MVIS Microvision, Inc. | ▼ | $27M |
| NEON Neonode Inc. | ▶ | $13M |
Where PI sits on the market map
Impinj Inc (PI) stock news
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Impinj Inc (PI) stock forecast FAQ
What is the Impinj Inc (PI) stock forecast?
Our AI ranks Impinj Inc outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Impinj Inc stock predictions?
For PI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 60.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 33.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Impinj Inc forecasts updated?
Impinj Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Impinj Inc's industry peers?
11 issuers in our coverage, PI included, share the SEC industry code Electronic Components, NEC. The largest are: Vertiv Holdings Co (VRT), Advanced Energy Industries Inc (AEIS), Vicor Corp (VICR), Varex Imaging Corp (VREX), M-Tron Industries, Inc. (MPTI), Espey Mfg & Electronics Corp (ESP).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.