Impinj (PI) Projected to Post Earnings on Wednesday

Impinj (NASDAQ:PI) is projected to release its Q2 2025 earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.72 per share and revenue of $93.78 million for the quarter. Impinj has set its Q2 2025 guidance at 0.680-0.760 EPS.

Impinj (NASDAQ:PI) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.12. The business had revenue of $74.28 million during the quarter, compared to analyst estimates of $71.73 million. Impinj had a negative net margin of 0.26% and a positive return on equity of 6.45%. The company’s revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 earnings per share. On average, analysts expect Impinj to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Impinj Stock Performance

PI opened at $111.65 on Wednesday. The firm has a market cap of $3.24 billion, a P/E ratio of -2,790.55 and a beta of 1.64. Impinj has a 1-year low of $60.85 and a 1-year high of $239.88. The company has a 50 day simple moving average of $112.97 and a two-hundred day simple moving average of $106.97. The company has a debt-to-equity ratio of 1.77, a current ratio of 10.96 and a quick ratio of 7.46.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $133.00 target price on shares of Impinj in a research report on Thursday, April 24th. Evercore ISI increased their price objective on shares of Impinj from $99.00 to $117.00 and gave the company an “outperform” rating in a research report on Thursday, April 24th. Piper Sandler reiterated an “overweight” rating and set a $100.00 price objective on shares of Impinj in a research report on Thursday, June 12th. Finally, Needham & Company LLC lowered their price objective on shares of Impinj from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $155.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in Impinj by 10.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company’s stock worth $25,324,000 after purchasing an additional 26,388 shares in the last quarter. Intech Investment Management LLC boosted its stake in Impinj by 29.6% in the 1st quarter. Intech Investment Management LLC now owns 16,708 shares of the company’s stock worth $1,515,000 after purchasing an additional 3,812 shares in the last quarter. Focus Partners Wealth acquired a new stake in Impinj in the 1st quarter worth approximately $223,000. Finally, Advisors Asset Management Inc. boosted its stake in Impinj by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after purchasing an additional 140 shares in the last quarter.

Impinj Company Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.