Impinj (NASDAQ:PI – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities researchers at Needham & Company LLC in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $175.00 target price on the stock. Needham & Company LLC’s target price points to a potential upside of 18.88% from the stock’s current price.
Several other research firms have also commented on PI. UBS Group lifted their price target on Impinj from $155.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday. Roth Mkm cut their price objective on shares of Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Monday, March 16th. Piper Sandler reaffirmed a “mixed” rating and set a $180.00 target price (down from $230.00) on shares of Impinj in a research note on Friday, February 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Impinj in a report on Tuesday, April 21st. Finally, Cantor Fitzgerald dropped their price target on shares of Impinj from $246.00 to $170.00 and set an “overweight” rating for the company in a research note on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Impinj currently has a consensus rating of “Hold” and a consensus target price of $175.00.
Check Out Our Latest Analysis on PI
Impinj Price Performance
Impinj (NASDAQ:PI – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.03. The company had revenue of $74.25 million for the quarter, compared to analyst estimates of $72.53 million. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 earnings per share. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. Equities research analysts expect that Impinj will post 0.25 EPS for the current fiscal year.
Institutional Trading of Impinj
A number of hedge funds and other institutional investors have recently modified their holdings of the business. CoreCap Advisors LLC acquired a new position in Impinj in the third quarter valued at about $27,000. Hantz Financial Services Inc. increased its position in shares of Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after acquiring an additional 75 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in shares of Impinj in the 3rd quarter valued at approximately $31,000. Bessemer Group Inc. raised its stake in shares of 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 acquiring an additional 84 shares during the period. Finally, Danske Bank A S acquired a new position in shares of Impinj in the 4th quarter worth approximately $35,000.
More Impinj News
Here are the key news stories impacting Impinj this week:
- Positive Sentiment: Management raised Q2 guidance sharply — expects revenue of $103M–$106M and non?GAAP EPS $0.77–$0.82, well above Street estimates; company cited an endpoint IC demand rebound. Impinj expects Q2 revenue of $103M-$106M and non-GAAP EPS of $0.77-$0.82 as endpoint IC demand rebounds
- Positive Sentiment: Company reported record bookings and guided to higher Q2 revenue while calling the outlook “prudent,” signaling improving demand visibility. Impinj posts record bookings, forecasts higher Q2 revenue with prudent outlook
- Positive Sentiment: Needham & Company reaffirmed a Buy on PI and set a $175 price target (~19% upside to the reference price), supporting analyst confidence. Impinj (NASDAQ:PI) Receives Buy Rating from Needham & Company LLC
- Positive Sentiment: Market reaction: multiple outlets note a roughly 20% stock surge after the stronger Q2 outlook — momentum and positive press amplified buying. Impinj surges 20% after Q2 outlook beats estimates
- Positive Sentiment: Analysts and press view the move as durable: Barron’s highlights upside potential and positive analyst commentary following earnings/guidance. This Chip Maker’s Stock Is Soaring After Earnings. Analysts See 20% More Upside.
- Neutral Sentiment: Q1 results beat expectations: GAAP/non?GAAP EPS $0.14 vs. consensus $0.11 and revenue $74.25M vs. ~$72.5M — positive beats but management emphasized cautious near?term visibility. Impinj (NASDAQ:PI) earnings report and call materials
- Neutral Sentiment: Detailed earnings highlights and call transcript provide color on bookings, channel timing and inventory; useful for investors modeling recovery timing. Impinj Inc (PI) Q1 2026 Earnings Call Highlights: Record Bookings Amidst Revenue Challenges
- Negative Sentiment: Underlying business still shows weakness: revenue was essentially flat (down 0.1% YoY) and the company reported a negative net margin (~?7.7%), signaling profitability pressures despite the beat. Impinj (NASDAQ:PI) Q1 results and financials
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).
Further Reading
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