Impinj, Inc. (PI) fair value analysis
Nasdaq · Updated 2026-10-19
PI price how computed
Forward Fair Value verdict
OvervaluedPI is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $175.37
- Sector
- Technology
- 12-month range
- $91.34–$241.91
- Market cap
- $5.36B
- From 52-week high
- -27.5%
- Shares outstanding
- 30.6M
- Rank in Technology by discount to fair value
- #177 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Impinj, Inc. develops and sells RFID technology platforms and solutions that enable businesses to track and manage inventory and assets. The company operates globally and serves customers across retail, logistics, healthcare, and industrial markets.
PI currently ranks #177 of 181 Technology stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $5.36B
- P/E (trailing)
- 106x
- Revenue (TTM)
- $372M
- Net margin
- -7.3%
- EPS (TTM)
- $1.66
- Gross margin
- 58.6%
- Debt / equity
- 1.15
- Revenue growth (3-yr avg)
- 22.2%
- Shares outstanding
- 30.6M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Stable
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 44 · neutral
- 50-day average
- $176.50
- 200-day average
- $144.77
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-10-28 (post-market)
- Last 8 quarters vs consensus
- 5 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+29.4%)
2026-03 ▼ miss (-6.7%)
2025-12 ▼ miss (-2.0%)
2025-09 ▲ beat (+16.0%)
2025-06 ▲ beat (+14.3%)
2025-03 ▲ beat (+162.5%)
2024-12 ▬ met (0.0%)
2024-09 ▲ beat (+16.7%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 7 buy · 2 hold · 0 sell (9 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $184
- Target vs last price
- +4.9%
What our data shows for PI
- Our model validated 9 trailing price-to-earnings windows for PI, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $91.34–$241.91.
- The 14-day relative strength index sits at a neutral 44.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for PI
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent PI news
TickrTrends' derived news-sentiment signal for PI is currently leaning positive, computed from recent coverage.
- Impinj Inc (PI) Shares Fall 8.1% -- What GF Score of 71 Tells Investors (gurufocus.com, 2026-10-17)
TickrTrends take: Impinj Inc experienced a recent share decline, which may warrant attention from valuation-conscious investors given that TickrTrends currently rates the stock as overvalued within the Technology sector. A GF Score of 71 suggests moderate fundamentals, indicating the company exhibits neither exceptional strength nor critical weakness in its underlying business metrics. Investors monitoring the gap between current valuation levels and the company's operational performance should track whether the recent price movement brings the stock closer to levels that better reflect its fundamental standing. - Impinj Inc (PI) Shares Fall 3.5% -- What GF Score of 71 Tells Investors (gurufocus.com, 2026-10-13)
TickrTrends take: PI experienced a recent decline in share price, which occurs against a backdrop where TickrTrends currently assesses the stock as overvalued. The company's GF Score of 71 suggests moderately strong fundamentals, but this quality metric does not necessarily align with the valuation premium the market may be pricing in. Investors focused on valuation should monitor whether the recent price movement represents a step toward fair value or if the company's fundamentals would need to demonstrate meaningful improvement to justify current levels. - PI Maintains Rating by Barclays -- Price Target Raised to $200 (gurufocus.com, 2026-10-12)
TickrTrends take: Barclays raised its price target for PI to $200, signaling analyst confidence in the company's fundamentals, yet TickrTrends' current assessment classifies the stock as overvalued based on its derived valuation metrics. For investors focused on valuation, this divergence between the raised price target and the overvalued designation suggests monitoring whether PI's Technology sector performance and earnings trajectory can justify current market pricing relative to intrinsic value measures. The gap between analyst sentiment and valuation-based indicators may warrant tracking PI's upcoming financial results to determine if fundamentals are catching up to or retreating from current levels.
More PI news
- Impinj Inc (PI) Shares Surge 3.1% -- What GF Score of 74 Tells Investors (gurufocus.com, 2026-10-02)
What people are saying
Follow the PI conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — # TickrTrends PI Technology Sector Summary TickrTrends' derived indicators for PI in the Technology sector showed a shift this week, with the 50/200-day trend state moving from uptrend to mixed. The current valuation verdict for the Technology sector remains overvalued according to TickrTrends' analysis.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is PI stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), PI is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is PI's TickrTrends verdict?
PI's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does PI compare to other Technology stocks?
PI ranks #177 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is PI overbought or oversold?
PI's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does PI report earnings next?
PI's next earnings report is scheduled for 2026-10-28 (post-market), per the published earnings calendar.
Does PI usually beat earnings estimates?
Over its last 8 reported quarters PI beat the consensus estimate 5 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about PI?
Of 9 analysts covering PI, 7 rate it a buy, 2 a hold and 0 a sell - buy-leaning, with a consensus price target of $184 (+4.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
More in Technology
Head-to-head comparisons
PI vs ACLS · PI vs ADEA · PI vs FTNT · PI vs HPQ · PI vs IPGP