Impinj, Inc. (NASDAQ:PI) Receives $175.00 Consensus PT from Analysts

Shares of Impinj, Inc. (NASDAQ:PI) have been given an average rating of “Hold” by the nine brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $175.00.

A number of equities research analysts have issued reports on the stock. Evercore set a $144.00 price objective on shares of Impinj in a report on Thursday, April 30th. UBS Group increased their price objective on shares of Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Weiss Ratings lowered shares of Impinj from a “sell (d)” rating to a “sell (e+)” rating in a report on Monday, May 4th. Zacks Research raised shares of Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $175.00 price objective on shares of Impinj in a report on Thursday, April 30th.

Insider Transactions at Impinj

In other Impinj news, Director Sylebra Capital Llc sold 12,105 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $127.36, for a total transaction of $1,541,692.80. Following the completion of the sale, the director directly owned 782,943 shares of the company’s stock, valued at $99,715,620.48. This trade represents a 1.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last ninety days, insiders have sold 265,124 shares of company stock worth $36,565,887. Company insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Impinj

A number of institutional investors have recently added to or reduced their stakes in PI. Swiss Life Asset Management Ltd grew its holdings in shares of Impinj by 7.6% in the fourth quarter. Swiss Life Asset Management Ltd now owns 1,298 shares of the company’s stock valued at $226,000 after purchasing an additional 92 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Impinj by 4.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 2,467 shares of the company’s stock valued at $429,000 after purchasing an additional 97 shares in the last quarter. Xponance LLC grew its holdings in shares of Impinj by 4.9% in the fourth quarter. Xponance LLC now owns 2,138 shares of the company’s stock valued at $372,000 after purchasing an additional 99 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of 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 purchasing an additional 100 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of 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 purchasing an additional 100 shares in the last quarter.

Impinj Price Performance

NASDAQ PI opened at $134.32 on Friday. Impinj has a 12 month low of $87.36 and a 12 month high of $247.06. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of -146.00 and a beta of 1.91. The company’s 50 day moving average is $134.78 and its two-hundred day moving average is $136.13. The company has a current ratio of 9.20, a quick ratio of 6.55 and a debt-to-equity ratio of 1.18.

Impinj (NASDAQ:PI) last released its earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The company had revenue of $74.25 million for the quarter, compared to analysts’ expectations of $72.53 million. During the same quarter last year, the business earned $0.21 EPS. The firm’s revenue was down .1% compared to the same quarter last year. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. As a group, research analysts anticipate that Impinj will post 0.28 earnings per share for the current year.

Impinj Company Profile

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).