PI · NASDAQ · STOCK
Impinj (PI) Stock Analysis
$189.80
52W $0.07 – $192.93
55/100
$5.79B
-208.8
1.94
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is PI Bullish or Bearish?
Bullish.
Innellis AI committee rates Impinj, Inc. (PI) Buy with a composite score of 55/100
, based on 5 analysts with 60% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +19.55 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -0.45 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Technical Analyst sees a compelling case — price structure making higher highs and higher lows. Value Analyst remains cautious — price-to-book of 25.0x prices in significant intangible value. This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Price structure making higher highs and higher lows — Technical
- MACD histogram positive -- bullish momentum — Technical
- Trend and market structure agree -- coherent bullish picture — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
Bear Case
- Price-to-book of 25.0x prices in significant intangible value — Value
- ROE of only -12.9% -- cheap may mean cheap for a reason — Value
- News sentiment is negative (-0.20 across 5 articles, 14d) — News
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
55/100
Agreement
60%
Analysts
5
Conviction
Moderate
Sector Rank
Top 71%
of 287 Technology peers
Value Analyst
bearish
30
/ 100 · Moderate confidence
Multiples don't clear a genuine value bar here, or cheapness looks justified by weak fundamentals
− Price-to-book of 25.0x prices in significant intangible value
Growth Analyst
bullish
62
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Quarter-over-quarter growth rate is ACCELERATING, not just positive
Technical Analyst
bullish
69
/ 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
51
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
− News sentiment is negative (-0.20 across 5 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 55.5 to 55.5.
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
61.3
Neutral
MACD Histogram
0.284
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Hh Hl
Support
$173.27
Resistance
$201.19
Bollinger %B
0.92
Inside Bands
Price vs Moving Averages
EMA 9
$185.30
Above
EMA 21
$181.17
Above
EMA 50
$172.12
Above
EMA 200
$152.12
Above
Fundamental Analysis
Valuation
67
Growth
76
Profitability
20
Financial Health
84
Cash Flow
70
Valuation
P/E Ratio
-208.8×
P/B Ratio
24.95×
PEG Ratio
-0.16
Dividend Yield
0.00%
52W High
$192.93
52W Low
$0.07
Quality & Growth
ROE
-518.4%
ROA
-199.0%
Gross Margin
5271.3%
Operating Margin
-180.5%
Revenue Growth YoY
—
Debt / Equity
1.15
AI Fundamental Assessment
P/E ratio of -208.8 (inexpensive relative to a 15-40x range); Price-to-book of 24.9x; PEG ratio of -0.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -5.2%; Return on assets of -2.0%; Net margin of -7.3%; Gross margin of 52.7%; Current ratio of 3.28 (healthy short-term liquidity); Debt-to-equity of 1.15; Free cash flow per share is positive (2.07); Most recent quarter beat estimates by 5.0%; EPS growth accelerating (-72.0% -> +514.3% QoQ); Analyst estimates rising over recent quarters
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