Impinj (NASDAQ:PI) Releases Q4 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.550-0.600 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $104.0 million-$107.0 million, compared to the consensus revenue estimate of $99.3 million.

Impinj Stock Down 1.6%

Shares of NASDAQ:PI opened at $179.66 on Friday. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 380.31 and a beta of 1.94. The company has a 50 day moving average of $176.87 and a two-hundred day moving average of $144.35. Impinj has a 52-week low of $87.36 and a 52-week high of $215.25. The company has a quick ratio of 2.29, a current ratio of 9.42 and a debt-to-equity ratio of 0.61.

Impinj (NASDAQ:PI) last posted its earnings results on Wednesday, October 28th. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.08. The business had revenue of $112.08 million for the quarter, compared to analysts’ expectations of $107.16 million. Impinj had a negative net margin of 2.45% and a positive return on equity of 6.65%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 earnings per share. As a group, analysts forecast that Impinj will post 0.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PI has been the topic of several analyst reports. BMO Capital Markets began coverage on shares of Impinj in a research note on Thursday, August 20th. They set an “outperform” rating and a $220.00 price target on the stock. Susquehanna upped their price objective on shares of Impinj from $175.00 to $225.00 and gave the company a “positive” rating in a research report on Thursday. Barclays upped their price objective on shares of Impinj from $176.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Weiss Ratings restated a “sell (d)” rating on shares of Impinj in a research note on Wednesday. Finally, UBS Group raised their target price on Impinj from $175.00 to $180.00 and gave the company a “neutral” rating in a research note on Thursday. Seven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $194.40.

Insider Buying and Selling at Impinj

In other news, Director Miron Washington sold 800 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $173.26, for a total transaction of $138,608.00. Following the completion of the transaction, the director directly owned 4,354 shares in the company, valued at approximately $754,374.04. This represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Cary Baker sold 8,892 shares of the firm’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $185.00, for a total transaction of $1,645,020.00. Following the transaction, the chief financial officer directly owned 80,388 shares of the company’s stock, valued at approximately $14,871,780. This represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 12,850 shares of company stock valued at $2,396,559 in the last three months. Corporate insiders own 6.80% of the company’s stock.

Impinj News Roundup

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Impinj reported earnings of $0.69 per share, above the $0.61 consensus estimate and up from $0.58 a year earlier. Revenue reached approximately $112.1 million, exceeding the $107.2 million forecast and increasing 16.7% year over year. Impinj Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Fourth-quarter guidance was well above Wall Street expectations. Impinj forecast adjusted EPS of $0.55-$0.60, compared with the consensus estimate of a $0.04 loss, and revenue of $104 million-$107 million versus expectations of $99.3 million. Management cited strong M800 endpoint IC demand and a ramp in back-end production capacity. Impinj Q4 Outlook
• Positive Sentiment: Analysts raised their targets. Susquehanna lifted its target to $225 and assigned a positive rating, while Needham raised its target to $195 and maintained a buy rating. These actions reflect improved confidence in Impinj’s growth and margin expansion prospects.
• Neutral Sentiment: Analyst opinion remains mixed. UBS raised its target modestly to $180 but retained a neutral rating. Another analyst upgraded Impinj from bearish to hold, acknowledging improving revenue growth while warning that valuation remains demanding.
• Negative Sentiment: Valuation is a key risk. Impinj trades near the upper end of its annual range, with a very high price-to-earnings multiple and limited room for execution disappointments. The wide gap between analyst targets also signals uncertainty over how much of the expected growth is already reflected in PI shares.

Impinj Company Profile

Impinj, Inc (NASDAQ: PI) develops technology for the Internet of Things (IoT) based on RAIN RFID, a wireless technology used to identify, locate and authenticate individual items. Its platform is designed to connect physical products, packages and assets to digital systems, helping organizations collect real-time information throughout supply chains and business operations.

The company offers a portfolio of RAIN RFID endpoint integrated circuits, reader chips, RFID readers and gateways, antennas, and cloud and software solutions.