FY2025 EPS Estimates for Impinj Lifted by Cantor Fitzgerald

Impinj, Inc. (NASDAQ:PI) – Equities research analysts at Cantor Fitzgerald raised their FY2025 earnings per share estimates for Impinj in a note issued to investors on Thursday, October 30th. Cantor Fitzgerald analyst T. Jensen now expects that the company will post earnings per share of $0.62 for the year, up from their previous estimate of $0.16. Cantor Fitzgerald has a “Overweight” rating and a $246.00 price target on the stock. The consensus estimate for Impinj’s current full-year earnings is ($0.47) per share. Cantor Fitzgerald also issued estimates for Impinj’s FY2026 earnings at $1.17 EPS.

Other research analysts also recently issued research reports about the company. Wall Street Zen upgraded Impinj from a “hold” rating to a “buy” rating in a report on Saturday. Needham & Company LLC upped their target price on Impinj from $195.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday. Roth Capital reissued a “buy” rating and issued a $235.00 price target on shares of Impinj in a research report on Thursday. Evercore ISI upped their price objective on Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Piper Sandler upped their price objective on Impinj from $180.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Impinj has an average rating of “Moderate Buy” and an average price target of $228.25.

Impinj Stock Down 1.9%

PI opened at $202.16 on Monday. The company has a market cap of $5.88 billion, a P/E ratio of -459.44 and a beta of 1.83. The business’s 50-day moving average price is $195.94 and its 200-day moving average price is $145.91. The company has a current ratio of 11.64, a quick ratio of 8.44 and a debt-to-equity ratio of 1.51. Impinj has a 12 month low of $60.85 and a 12 month high of $247.06.

Impinj (NASDAQ:PI) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. Impinj had a positive return on equity of 8.50% and a negative net margin of 3.45%.The company had revenue of $96.06 million during the quarter, compared to analyst estimates of $92.71 million. During the same quarter last year, the company earned $0.56 earnings per share. The firm’s quarterly revenue was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS.

Institutional Investors Weigh In On Impinj

A number of hedge funds have recently added to or reduced their stakes in PI. GAMMA Investing LLC increased its stake in shares of Impinj by 68.7% in the 1st quarter. GAMMA Investing LLC now owns 722 shares of the company’s stock worth $65,000 after purchasing an additional 294 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Impinj by 7.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,169 shares of the company’s stock worth $741,000 after purchasing an additional 535 shares in the last quarter. KBC Group NV increased its stake in shares of Impinj by 35.0% in the 1st quarter. KBC Group NV now owns 1,227 shares of the company’s stock worth $111,000 after purchasing an additional 318 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Impinj in the 1st quarter worth $336,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Impinj by 3.3% in the 1st quarter. Bank of New York Mellon Corp now owns 171,139 shares of the company’s stock worth $15,522,000 after purchasing an additional 5,475 shares in the last quarter.

Insiders Place Their Bets

In other Impinj news, insider Sylebra Capital Llc sold 300,000 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $196.24, for a total transaction of $58,872,000.00. Following the completion of the sale, the insider directly owned 1,829,260 shares in the company, valued at approximately $358,973,982.40. The trade was a 14.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Chris Ph.D. Diorio sold 4,096 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $187.63, for a total transaction of $768,532.48. Following the sale, the chief executive officer owned 297,013 shares of the company’s stock, valued at approximately $55,728,549.19. This represents a 1.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 324,096 shares of company stock valued at $63,353,832. Company insiders own 12.40% of the company’s stock.

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.