Impinj (NASDAQ:PI) Issues Q4 2026 Earnings Guidance

Impinj (NASDAQ:PI) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.550-0.600 for the period, compared to the consensus estimate of -0.040. The company issued revenue guidance of $104.0 million-$107.0 million, compared to the consensus revenue estimate of $99.3 million.

Impinj Stock Performance

Shares of Impinj stock opened at $179.66 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.29 and a current ratio of 9.42. Impinj has a 1 year low of $87.36 and a 1 year high of $215.25. The firm’s 50-day simple moving average is $176.87 and its 200-day simple moving average is $144.35. The firm has a market cap of $5.54 billion, a PE ratio of -544.41 and a beta of 1.94.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, October 28th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.08. Impinj had a negative net margin of 2.45% and a positive return on equity of 6.65%. The firm had revenue of $112.08 million during the quarter, compared to analyst estimates of $107.16 million. During the same quarter in the previous year, the firm earned $0.58 earnings per share. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. Equities analysts forecast that Impinj will post 0.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on PI. Barclays boosted their price target on shares of Impinj from $176.00 to $200.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a report on Wednesday. Needham & Company LLC lifted their price objective on shares of Impinj from $168.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday. Susquehanna lifted their price objective on shares of Impinj from $175.00 to $225.00 and gave the company a “positive” rating in a research report on Thursday. Finally, BMO Capital Markets started coverage on shares of Impinj in a research note on Thursday, August 20th. They set an “outperform” rating and a $220.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.40.

Insiders Place Their Bets

In related news, Director Meera Rao sold 1,729 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $201.60, for a total value of $348,566.40. Following the sale, the director directly owned 9,593 shares in the company, valued at $1,933,948.80. The trade was a 15.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Cary Baker sold 8,892 shares of Impinj stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $185.00, for a total transaction of $1,645,020.00. Following the completion of the transaction, the chief financial officer owned 80,388 shares in the company, valued at approximately $14,871,780. This trade represents a 9.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,850 shares of company stock worth $2,396,559 over the last ninety days. Company insiders own 6.80% of the company’s stock.

More Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Impinj reported earnings of $0.69 per share, above the $0.61 consensus estimate and up from $0.58 a year earlier. Revenue reached approximately $112.1 million, exceeding the $107.2 million forecast and increasing 16.7% year over year. Impinj Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Fourth-quarter guidance was well above Wall Street expectations. Impinj forecast adjusted EPS of $0.55-$0.60, compared with the consensus estimate of a $0.04 loss, and revenue of $104 million-$107 million versus expectations of $99.3 million. Management cited strong M800 endpoint IC demand and a ramp in back-end production capacity. Impinj Q4 Outlook
• Positive Sentiment: Analysts raised their targets. Susquehanna lifted its target to $225 and assigned a positive rating, while Needham raised its target to $195 and maintained a buy rating. These actions reflect improved confidence in Impinj’s growth and margin expansion prospects.
• Neutral Sentiment: Analyst opinion remains mixed. UBS raised its target modestly to $180 but retained a neutral rating. Another analyst upgraded Impinj from bearish to hold, acknowledging improving revenue growth while warning that valuation remains demanding.
• Negative Sentiment: Valuation is a key risk. Impinj trades near the upper end of its annual range, with a very high price-to-earnings multiple and limited room for execution disappointments. The wide gap between analyst targets also signals uncertainty over how much of the expected growth is already reflected in PI shares.

Impinj Company Profile

Impinj, Inc (NASDAQ: PI) develops technology for the Internet of Things (IoT) based on RAIN RFID, a wireless technology used to identify, locate and authenticate individual items. Its platform is designed to connect physical products, packages and assets to digital systems, helping organizations collect real-time information throughout supply chains and business operations.

The company offers a portfolio of RAIN RFID endpoint integrated circuits, reader chips, RFID readers and gateways, antennas, and cloud and software solutions.