Impinj (NASDAQ:PI) Stock Rating Lowered by Evercore ISI

Impinj (NASDAQ:PI) was downgraded by research analysts at Evercore ISI from an “outperform” rating to an “in-line” rating in a research report issued on Friday, Marketbeat.com reports. They presently have a $112.00 target price on the stock. Evercore ISI’s price target indicates a potential downside of 3.48% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Roth Mkm set a $220.00 price target on shares of Impinj in a research report on Friday. Barclays lowered their target price on shares of Impinj from $211.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday. UBS Group set a $155.00 price target on Impinj in a research note on Friday. Piper Sandler reaffirmed a “mixed” rating and issued a $180.00 price target (down previously from $230.00) on shares of Impinj in a report on Friday. Finally, Susquehanna reissued a “positive” rating and issued a $200.00 price objective on shares of Impinj in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $166.56.

Impinj Stock Down 24.6%

Shares of PI stock opened at $116.04 on Friday. Impinj has a twelve month low of $60.85 and a twelve month high of $247.06. The stock has a market cap of $3.49 billion, a P/E ratio of -297.53 and a beta of 1.56. The stock has a 50 day moving average of $167.15 and a 200 day moving average of $173.87. The company has a current ratio of 2.67, a quick ratio of 1.97 and a debt-to-equity ratio of 0.94.

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

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the completion of the sale, the insider directly owned 1,132,152 shares in the company, valued at approximately $170,230,374.72. The trade was a 10.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last 90 days, insiders sold 666,192 shares of company stock valued at $105,288,457. Insiders own 12.40% of the company’s stock.

Institutional Trading of Impinj

A number of institutional investors have recently made changes to their positions in the company. CoreCap Advisors LLC purchased a new stake in shares of Impinj during the third quarter worth approximately $27,000. Hantz Financial Services Inc. boosted its stake in Impinj by 90.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Impinj by 101.2% during the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after buying an additional 84 shares in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of Impinj in the third quarter valued at about $31,000. Finally, Danske Bank A S purchased a new position in shares of Impinj in the fourth quarter worth about $35,000.

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).