Impinj, Inc. (NASDAQ:PI) Receives $175.00 Average Target Price from Analysts

Shares of Impinj, Inc. (NASDAQ:PI) have been assigned an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $175.00.

A number of analysts recently commented on PI shares. Roth Mkm decreased their target price on Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Monday, March 16th. Barclays boosted their target price on Impinj from $169.00 to $176.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $175.00 target price on shares of Impinj in a research report on Thursday, April 30th. Weiss Ratings lowered Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of Impinj from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st.

Impinj Stock Performance

Shares of Impinj stock opened at $132.53 on Friday. Impinj has a one year low of $87.36 and a one year high of $247.06. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of -144.05 and a beta of 1.91. The business has a 50-day simple moving average of $135.26 and a 200 day simple moving average of $136.10. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55.

Impinj (NASDAQ:PI) last issued its earnings results on Wednesday, April 29th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The business had revenue of $74.25 million during the quarter, compared to analyst estimates of $72.53 million. During the same period in the previous year, the company posted $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. On average, research analysts anticipate that Impinj will post 0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Impinj

In related news, Director Sylebra Capital Llc sold 12,105 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $127.36, for a total value of $1,541,692.80. Following the sale, the director owned 782,943 shares in the company, valued at $99,715,620.48. This represents a 1.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders have sold 265,124 shares of company stock valued at $36,565,887. Corporate insiders own 6.80% of the company’s stock.

Institutional Investors Weigh In On Impinj

A number of institutional investors and hedge funds have recently made changes to their positions in PI. Western Wealth Management LLC acquired a new stake in shares of Impinj in the 1st quarter worth about $28,000. Danske Bank A S acquired a new stake in shares of Impinj in the 4th quarter worth about $35,000. Advisors Asset Management Inc. increased its stake in Impinj by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after buying an additional 140 shares during the last quarter. Rothschild Investment LLC increased its stake in Impinj by 572.5% in the 3rd quarter. Rothschild Investment LLC now owns 269 shares of the company’s stock valued at $49,000 after buying an additional 229 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in Impinj by 41.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock valued at $59,000 after buying an additional 100 shares during the last quarter.

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).