Impinj (NASDAQ:PI) Releases Q3 2026 Earnings Guidance

Impinj (NASDAQ:PI) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.590-0.630 for the period, compared to the consensus earnings per share estimate of -0.010. The company issued revenue guidance of $105.5 million-$108.5 million, compared to the consensus revenue estimate of $98.6 million.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Weiss Ratings cut Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, May 4th. Evercore set a $144.00 price objective on Impinj in a research note on Thursday, April 30th. Barclays boosted their price objective on Impinj from $169.00 to $176.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Zacks Research raised Impinj from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Needham & Company LLC restated a “buy” rating and set a $175.00 target price on shares of Impinj in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Impinj presently has an average rating of “Hold” and an average price target of $175.00.

Impinj Stock Up 4.7%

PI traded up $6.27 during trading hours on Wednesday, hitting $139.30. 810,881 shares of the company’s stock were exchanged, compared to its average volume of 569,859. The firm has a market cap of $4.24 billion, a P/E ratio of -151.41 and a beta of 1.92. Impinj has a 12-month low of $87.36 and a 12-month high of $247.06. The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18. The firm has a 50 day moving average of $137.73 and a 200 day moving average of $131.13.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.80 by $0.06. The company had revenue of $108.37 million during the quarter, compared to analysts’ expectations of $104.60 million. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. Impinj has set its Q3 2026 guidance at 0.590-0.630 EPS. Analysts predict that Impinj will post 0.28 EPS for the current fiscal year.

Insider Activity

In related news, Director Sylebra Capital Llc sold 12,105 shares of Impinj stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $127.36, for a total value of $1,541,692.80. Following the completion of the transaction, the director directly owned 782,943 shares in the company, valued at approximately $99,715,620.48. This trade represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 265,124 shares of company stock valued at $36,565,887 in the last 90 days. 6.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Impinj

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC grew its position in shares of Impinj by 4.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 2,467 shares of the company’s stock worth $429,000 after buying an additional 97 shares in the last quarter. Xponance LLC increased its stake in shares of Impinj by 4.9% during the fourth quarter. Xponance LLC now owns 2,138 shares of the company’s stock worth $372,000 after buying an additional 99 shares during the period. Smartleaf Asset Management LLC raised its holdings in Impinj by 35.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 384 shares of the company’s stock valued at $65,000 after acquiring an additional 100 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Impinj by 41.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock valued at $59,000 after acquiring an additional 100 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in Impinj by 2.9% in the fourth quarter. Corient Private Wealth LLC now owns 3,808 shares of the company’s stock valued at $662,000 after acquiring an additional 108 shares in the last quarter.

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).