Impinj, Inc. (PI) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$151.33
Price Target
$180.00
Target Range
$144.00 — $220.00
Analyst Rating
Buy
Forward P/E80.4x
Trailing P/E-409.0x
Forward PEG—
Implied Growth+306.1%
Median Target$175.00
Analyst Spread42.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$144
-4.8%
Consensus
$180
+18.9%
Bull Case
$220
+45.4%
PI Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Impinj, Inc. (PI) has a Wall Street consensus price target of $180.00, based on estimates from 22 covering analysts. With the stock currently trading at $151.33, this represents a potential upside of +18.9%. The company has a market capitalization of $4.61B.
Analyst price targets range from a low of $144.00 to a high of $220.00, representing a 42% spread in expectations. The median target of $175.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 16 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PI trades at a trailing P/E of -409.0x and forward P/E of 80.4x. Analysts expect EPS to grow +306.1% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+4.8%
Avg Forward P/E53.8x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SAICScience Applications International Corporation | $4.2B | $94.12 | $97.50 | +3.6% | Hold | 9.3x | 18 |
 RFILRF Industries, Ltd. | $161M | $14.91 | — | — | Buy | 25.7x | 2 |
 OSISOSI Systems, Inc. | $4.0B | $241.11 | $293.50 | +21.7% | Buy | 23.0x | 17 |
 IDCCInterDigital, Inc. | $7.2B | $278.77 | $425.00 | +52.5% | Buy | 38.8x | 16 |
 COHUCohu, Inc. | $2.2B | $47.48 | $49.75 | +4.8% | Buy | 89.2x | 14 |
 ONTOOnto Innovation Inc. | $13.6B | $274.03 | $308.33 | +12.5% | Buy | 38.7x | 11 |
 VICRVicor Corporation | $11.8B | $261.34 | $245.00 | -6.3% | Buy | 94.3x | 7 |
 SMTCSemtech Corporation | $11.2B | $121.50 | $87.44 | -28.0% | Buy | 71.7x | 32 |
 SLABSilicon Laboratories Inc. | $7.2B | $217.64 | $211.60 | -2.8% | Buy | 80.4x | 37 |
 FORMFormFactor, Inc. | $11.3B | $144.68 | $123.38 | -14.7% | Hold | 66.5x | 19 |
Upside Potential Comparison
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Start ComparisonPI — Frequently Asked Questions
Quick answers to the most common questions about buying PI stock.
What is the PI stock price target for 2026?
Impinj, Inc. (PI) has a consensus 12-month price target of $180, implying 18.9% upside from $151.33. The 22 analysts covering PI see moderate appreciation potential.
Is PI a buy, sell, or hold?
PI has a consensus rating of "Buy" based on 22 Wall Street analysts. The rating breakdown is predominantly bullish, with 16 Buy/Strong Buy ratings. The consensus 12-month price target of $180 implies 18.9% upside from current levels.
Is PI stock overvalued or undervalued?
At a forward P/E of 80.4305x, PI trades at a premium valuation. The consensus price target of $180 (18.9% upside) suggests analysts still see growth justifying the multiple.
How high can PI stock go?
The most bullish Wall Street analyst has a price target of $220 for PI, while the most conservative target is $144. The consensus of $180 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover PI stock?
PI is well covered by analysts, with 22 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 6 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PI stock forecast?
The 12-month PI stock forecast based on 22 Wall Street analysts shows a consensus price target of $180, with estimates ranging from $144 (bear case) to $220 (bull case). The median consensus rating is "Buy".
What is PI's forward P/E ratio?
PI trades at a forward P/E ratio of 80.4x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PI stock?
Wall Street analysts are optimistic on PI, with a "Buy" consensus rating and $180 price target (18.9% upside). 16 of 22 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PI price targets vary so much?
PI analyst price targets range from $144 to $220, a 42% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $180 consensus represents the middle ground.