Impinj (NASDAQ:PI) Releases Q1 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.080-0.130 for the period, compared to the consensus estimate of -0.110. The company issued revenue guidance of $71.0 million-$74.0 million, compared to the consensus revenue estimate of $89.7 million.

Impinj Price Performance

Impinj stock traded up $1.61 during mid-day trading on Thursday, reaching $153.83. The company had a trading volume of 864,020 shares, compared to its average volume of 664,587. The business has a fifty day simple moving average of $168.27 and a 200 day simple moving average of $173.45. The company has a market cap of $4.63 billion, a P/E ratio of 390.31 and a beta of 1.56. Impinj has a fifty-two week low of $60.85 and a fifty-two week high of $247.06. 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 announced its quarterly earnings results on Thursday, February 5th. The company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $92.85 million during the quarter, compared to analysts’ expectations of $91.87 million. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.Impinj’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 EPS. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. On average, equities research analysts predict that Impinj will post -0.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

PI has been the subject of several recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $255.00 price objective on shares of Impinj in a research note on Friday, January 16th. Piper Sandler boosted their target price on shares of Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Evercore ISI raised their price target on shares of Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Susquehanna set a $255.00 price objective on shares of Impinj in a research note on Thursday, October 30th. Finally, Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.22.

Insider Transactions at Impinj

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the stock in a transaction dated 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. This trade represents a 10.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 672,780 shares of company stock valued at $106,355,666 in the last quarter. 12.40% of the stock is owned by insiders.

Key Stories Impacting Impinj

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results met or slightly beat consensus: GAAP EPS of $0.50 matched estimates and revenue of $92.85M modestly exceeded the Street — evidence of continued execution on core RFID sales. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Company issued Q1 EPS guidance ( $0.08–$0.13 ) that is above consensus (which expected a loss), implying potential near‑term per‑share improvement if revenue stabilizes. Impinj (PI) Q4 Earnings Meet Estimates
• Neutral Sentiment: Longer‑term demand drivers remain intact — retail RFID mandates and enterprise inventory initiatives continue to expand the market opportunity, which supports medium/long‑term growth expectations even if Q1 is choppy. Impinj set to report earnings as retail mandates fuel RFID push
• Negative Sentiment: Disappointing Q1 revenue guide — management guided $71M–$74M vs. consensus ~$89.7M, a large miss that directly pressures near‑term top‑line expectations and valuation. Impinj (NASDAQ:PI) Reports Q4 In Line With Expectations But Stock Drops 18.4%
• Negative Sentiment: Management flagged a convergence of short‑term headwinds weighing on demand; those comments, combined with weak revenue guidance, triggered a sharp investor re‑rating and heavy selling volume. Impinj shares slide more than 30% as RFID-maker projects rough Q1

Institutional Trading of Impinj

Hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. grew its holdings in shares of Impinj by 48.3% during the third quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock valued at $218,580,000 after buying an additional 393,685 shares during the last quarter. Oberweis Asset Management Inc. bought a new position in Impinj in the 3rd quarter valued at about $19,362,000. Bank of America Corp DE boosted its stake in Impinj by 180.9% during the 2nd quarter. Bank of America Corp DE now owns 159,592 shares of the company’s stock valued at $17,726,000 after purchasing an additional 102,779 shares during the last quarter. Alyeska Investment Group L.P. bought a new stake in Impinj during the 3rd quarter worth approximately $18,573,000. Finally, Wasatch Advisors LP purchased a new stake in shares of Impinj in the second quarter worth approximately $8,715,000.

About Impinj

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).