Impinj (NASDAQ:PI) Given “Mixed” Rating at Piper Sandler

Piper Sandler reissued their mixed rating on shares of Impinj (NASDAQ:PI) in a research report released on Friday morning, MarketBeat.com reports. Piper Sandler currently has a $180.00 price objective on the stock, down from their prior price objective of $230.00.

A number of other brokerages have also issued reports on PI. Needham & Company LLC lowered their price target on Impinj from $255.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday. Barclays lowered their target price on shares of Impinj from $211.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday. Zacks Research lowered shares of Impinj from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Susquehanna reiterated a “positive” rating and issued a $200.00 target price on shares of Impinj in a research report on Friday. Finally, Cantor Fitzgerald lowered their price target on shares of Impinj from $246.00 to $170.00 and set an “overweight” rating on the stock in a research report on Friday. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Impinj presently has an average rating of “Hold” and an average price target of $166.56.

Impinj Stock Down 24.6%

PI opened at $116.04 on Friday. Impinj has a twelve month low of $60.85 and a twelve month high of $247.06. The company has a quick ratio of 1.97, a current ratio of 2.67 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average price of $167.15 and a 200 day moving average price of $173.45. The company has a market cap of $3.49 billion, a PE ratio of -297.53 and a beta of 1.56.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. Impinj had a positive return on equity of 8.82% and a negative net margin of 3.00%.The company had revenue of $92.85 million for the quarter, compared to analysts’ expectations of $91.87 million. During the same period in the previous year, the firm posted $0.48 EPS. Impinj’s revenue was up 1.4% compared to the same quarter last year. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Sell-side analysts expect that Impinj will post -0.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Impinj

In related news, insider Sylebra Capital Llc sold 134,629 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $150.36, for a total value of $20,242,816.44. Following the completion of the sale, the insider owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 666,192 shares of company stock worth $105,288,457. Insiders own 12.40% of the company’s stock.

Institutional Trading of Impinj

Several institutional investors and hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC purchased a new position in Impinj during the third quarter worth about $27,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Impinj in the 2nd quarter worth approximately $28,000. Hantz Financial Services Inc. boosted its position in shares of Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the period. Salomon & Ludwin LLC acquired a new stake in Impinj in the 3rd quarter valued at approximately $31,000. Finally, Bessemer Group Inc. increased its holdings in Impinj by 101.2% in the 3rd quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 84 shares during the last quarter.

More Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results were roughly in line: GAAP EPS of $0.50 matched consensus and revenue of ~$92.9M slightly beat estimates — evidence the core business remains profitable and growing modestly. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts still see upside despite cuts: Needham kept a buy rating (PT lowered to $175) and Piper Sandler maintained a mixed rating (PT lowered to $180), indicating some investors/analysts view the pullback as a buying opportunity. Needham price target note
• Neutral Sentiment: Longer‑term demand drivers remain: analysts and company commentary point to ongoing retail RFID mandates and secular adoption that support multi‑year growth, but these are balanced by short‑term execution risks. Retail mandates fuel RFID push
• Negative Sentiment: Q1 2026 revenue guidance came in at $71M–$74M versus Street estimates near $89.7M — a big short‑term miss that is the primary driver of the selloff. Impinj outlines Q1 2026 revenue target
• Negative Sentiment: Management flagged an inventory transition and the rollout of custom chips that will depress near‑term shipments and cash flow (inventory “burn” and muted guidance highlighted in analyst/deep‑dive pieces). PI Q4 Deep Dive: Inventory Burn, Custom Chips, and Muted Guidance
• Negative Sentiment: Immediate market reaction was severe: multiple outlets report a sharp intraday drop and elevated volume as investors reprice the company around the weaker near‑term outlook; several firms cut price targets. Impinj Stock Falls on 4Q Earnings Miss

About Impinj

Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.

Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).