Analysts Set Impinj, Inc. (NASDAQ:PI) Price Target at $173.38

Impinj, Inc. (NASDAQ:PI) has been assigned an average recommendation of “Hold” from the nine research firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $167.6250.

A number of equities analysts have recently issued reports on the company. UBS Group set a $155.00 price target on Impinj in a research report on Friday, February 6th. Barclays decreased their price objective on Impinj from $175.00 to $169.00 and set an “overweight” rating for the company in a report on Monday. Cantor Fitzgerald dropped 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, February 6th. Piper Sandler reissued a “mixed” rating and set a $180.00 target price (down from $230.00) on shares of Impinj in a research report on Friday, February 6th. Finally, Zacks Research lowered shares of Impinj from a “hold” rating to a “strong sell” rating in a report on Monday, February 9th.

Impinj Stock Up 0.8%

Shares of NASDAQ PI opened at $99.29 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.01 and a current ratio of 2.68. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of -254.58 and a beta of 1.56. The stock has a 50 day moving average price of $136.92 and a 200 day moving average price of $165.19. Impinj has a 52-week low of $60.85 and a 52-week high of $247.06.

Impinj (NASDAQ:PI) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) 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 positive return on equity of 8.49% and a negative net margin of 3.00%.Impinj’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.48 earnings per share. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Sell-side analysts expect that Impinj will post -0.47 earnings per share for the current year.

Hedge Funds Weigh In On Impinj

Several institutional investors have recently bought and sold shares of PI. GAMMA Investing LLC increased its stake in shares of Impinj by 3.5% in the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock worth $303,000 after acquiring an additional 57 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Impinj by 0.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after purchasing an additional 66 shares during the period. Hantz Financial Services Inc. lifted its position in Impinj by 90.4% during the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock valued at $29,000 after purchasing an additional 75 shares during the period. Bessemer Group Inc. boosted its holdings in Impinj by 101.2% in the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 84 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in Impinj by 17.9% in the second quarter. Advisors Asset Management Inc. now owns 579 shares of the company’s stock valued at $64,000 after purchasing an additional 88 shares during the last quarter.

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).