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

Impinj (NASDAQ:PI)‘s stock had its “overweight” rating reaffirmed by equities researchers at Piper Sandler in a research note issued on Friday,Benzinga reports. They presently have a $180.00 price objective on the stock, down from their prior price objective of $230.00. Piper Sandler’s target price would indicate a potential upside of 50.74% from the stock’s previous close.

A number of other analysts also recently commented on the company. UBS Group set a $155.00 price objective on Impinj in a research report on Friday. Zacks Research cut Impinj from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Wall Street Zen downgraded shares of Impinj from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Cantor Fitzgerald restated an “overweight” rating and issued a $170.00 price objective (down previously from $246.00) on shares of Impinj in a research note on Friday. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $112.00 price objective (down from $273.00) on shares of Impinj in a report on Friday. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $173.38.

Impinj Stock Performance

Shares of PI traded down $34.42 during trading hours on Friday, reaching $119.41. 1,102,076 shares of the company traded hands, compared to its average volume of 712,235. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.97 and a current ratio of 2.67. The stock’s fifty day moving average is $168.27 and its 200 day moving average is $173.45. Impinj has a 1-year low of $60.85 and a 1-year high of $247.06. The stock has a market cap of $3.60 billion, a P/E ratio of -272.49 and a beta of 1.56.

Insider Buying and Selling

In other Impinj news, insider Sylebra Capital Llc sold 134,629 shares of the company’s stock in a transaction dated 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 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 SEC, which is accessible through this link. Over the last 90 days, insiders sold 666,192 shares of company stock worth $105,288,457. 12.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Impinj

Several large investors have recently added to or reduced their stakes in the business. DLD Asset Management LP bought a new position in shares of Impinj during the 2nd quarter worth about $1,332,840,000. Invesco Ltd. raised its stake in Impinj by 48.3% during the 3rd quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock worth $218,580,000 after buying an additional 393,685 shares during the period. William Blair Investment Management LLC bought a new position in Impinj in the third quarter worth approximately $36,259,000. Granite Investment Partners LLC acquired a new stake in Impinj in the second quarter valued at approximately $12,160,000. Finally, Oberweis Asset Management Inc. bought a new stake in shares of Impinj during the third quarter valued at approximately $19,362,000.

Impinj News Roundup

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results: GAAP EPS of $0.50 and revenue of ~$92.9M were essentially in line with or slightly above consensus, showing stable near-term execution. Read More.
• Positive Sentiment: Q1 EPS guidance topped expectations — Impinj gave EPS guidance of $0.08–$0.13 for Q1 2026 versus a consensus estimate around -$0.11, signaling that management expects profitability to remain positive even amid top-line weakness. Read More.
• Neutral Sentiment: Analyst update: Needham cut its price target from $255 to $175 but maintained a Buy rating — a less bullish valuation, but still a constructive stance that suggests confidence in longer-term fundamentals. Read More.
• Negative Sentiment: Big Q1 revenue miss: Management guided Q1 revenue of $71M–$74M vs. Street at ~$89.7M — the sizeable shortfall is the primary driver of the share decline as it implies near-term demand softness or timing pressure from inventory transitions. Read More.
• Negative Sentiment: Management cited short-term headwinds — a custom chip rollout and inventory transition that are expected to temporarily depress demand and complicate revenue recognition/timing. That operational transition increases execution risk in the near term. Read More.
• Negative Sentiment: Market reaction: Multiple outlets report a sharp intraday selloff after the weak top-line guide, indicating investor concern about revenue durability despite earnings in line. This momentum selling amplifies downside pressure. Read More.

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).