Analysts Set Impinj, Inc. (NASDAQ:PI) Price Target at $226.33

Shares of Impinj, Inc. (NASDAQ:PI) have been assigned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $225.2222.

PI has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a research report on Thursday. Wall Street Zen downgraded shares of Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Evercore ISI upped their price objective on shares of Impinj from $236.00 to $273.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Needham & Company LLC reissued a “buy” rating and set a $255.00 target price on shares of Impinj in a research report on Friday, January 16th. Finally, Susquehanna set a $255.00 price objective on Impinj in a research note on Thursday, October 30th.

Insider Activity

In related news, insider Sylebra Capital Llc sold 134,629 shares of Impinj stock in a transaction on 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 transaction, the insider owned 1,132,152 shares in the company, valued at $170,230,374.72. This trade represents a 10.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last ninety days, insiders have sold 697,450 shares of company stock worth $110,643,153. 51.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Impinj

Hedge funds and other institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC acquired a new position in shares of Impinj during the 3rd quarter worth about $27,000. Caitong International Asset Management Co. Ltd bought a new position in Impinj in the 2nd quarter worth approximately $28,000. Hantz Financial Services Inc. lifted its holdings in shares of Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after buying an additional 75 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Impinj during the third quarter worth approximately $31,000. Finally, Bessemer Group Inc. boosted its position in shares of Impinj by 101.2% in the third 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.

Impinj Price Performance

PI opened at $162.50 on Thursday. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of -369.31 and a beta of 1.52. Impinj has a 1 year low of $60.85 and a 1 year high of $247.06. The company has a current ratio of 2.67, a quick ratio of 1.97 and a debt-to-equity ratio of 0.94. The stock has a fifty day moving average price of $169.12 and a 200 day moving average price of $172.12.

Impinj (NASDAQ:PI) last issued its earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. The company had revenue of $96.06 million for the quarter, compared to analyst estimates of $92.71 million. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The business’s revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Analysts forecast that Impinj will post -0.47 EPS for the current fiscal 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).