Impinj (NASDAQ:PI) Earns Mixed Rating from Piper Sandler

Impinj (NASDAQ:PI)‘s stock had its “mixed” rating restated by stock analysts at Piper Sandler in a research report issued on Friday, Marketbeat Ratings reports. They currently have a $180.00 target price on the stock, down from their prior target price of $230.00. Piper Sandler’s price objective suggests a potential upside of 55.12% from the stock’s current price.

A number of other analysts also recently weighed in on the stock. Cantor Fitzgerald reduced their target price on shares of Impinj from $246.00 to $170.00 and set an “overweight” rating on the stock in a report on Friday. Barclays reduced their price objective on Impinj from $211.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday. Needham & Company LLC decreased their price objective on Impinj from $255.00 to $175.00 and set a “buy” rating on the stock in a research report on Friday. Wall Street Zen cut Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Susquehanna restated a “positive” rating and set a $200.00 price target on shares of Impinj in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $166.56.

Impinj Stock Down 24.6%

Shares of PI opened at $116.04 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.67 and a quick ratio of 1.97. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of -297.53 and a beta of 1.56. Impinj has a 1 year low of $60.85 and a 1 year high of $247.06. The business’s 50 day simple moving average is $167.15 and its 200-day simple moving average is $173.87.

Impinj (NASDAQ:PI) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $92.85 million for the quarter, compared to analysts’ expectations of $91.87 million. Impinj had a negative net margin of 3.00% and a positive return on equity of 8.82%. Impinj’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.48 earnings per share. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. As a group, equities analysts expect that Impinj will post -0.47 earnings per share for the current fiscal year.

Insider Activity at Impinj

In other news, insider Sylebra Capital Llc sold 134,629 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total value of $20,242,816.44. Following the sale, the insider directly owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. This represents a 10.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 666,192 shares of company stock worth $105,288,457 over the last quarter. Corporate insiders own 12.40% of the company’s stock.

Hedge Funds Weigh In On Impinj

Several hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of Impinj by 3.5% during the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock worth $303,000 after purchasing an additional 57 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Impinj by 0.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock worth $3,113,000 after purchasing an additional 66 shares during the last quarter. Amalgamated Bank increased its stake in Impinj by 1.1% in the 2nd quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock worth $741,000 after buying an additional 74 shares during the period. Hantz Financial Services Inc. lifted its holdings in Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after buying an additional 75 shares in the last quarter. Finally, Bessemer Group Inc. boosted its position in 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 buying an additional 84 shares during the period.

Trending Headlines about Impinj

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results were roughly in line: GAAP EPS of $0.50 matched consensus and revenue of ~$92.9M slightly beat estimates — evidence the core business remains profitable and growing modestly. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts still see upside despite cuts: Needham kept a buy rating (PT lowered to $175) and Piper Sandler maintained a mixed rating (PT lowered to $180), indicating some investors/analysts view the pullback as a buying opportunity. Needham price target note
• Neutral Sentiment: Longer‑term demand drivers remain: analysts and company commentary point to ongoing retail RFID mandates and secular adoption that support multi‑year growth, but these are balanced by short‑term execution risks. Retail mandates fuel RFID push
• Negative Sentiment: Q1 2026 revenue guidance came in at $71M–$74M versus Street estimates near $89.7M — a big short‑term miss that is the primary driver of the selloff. Impinj outlines Q1 2026 revenue target
• Negative Sentiment: Management flagged an inventory transition and the rollout of custom chips that will depress near‑term shipments and cash flow (inventory “burn” and muted guidance highlighted in analyst/deep‑dive pieces). PI Q4 Deep Dive: Inventory Burn, Custom Chips, and Muted Guidance
• Negative Sentiment: Immediate market reaction was severe: multiple outlets report a sharp intraday drop and elevated volume as investors reprice the company around the weaker near‑term outlook; several firms cut price targets. Impinj Stock Falls on 4Q Earnings Miss

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).