Cantor Fitzgerald Predicts Impinj FY2026 Earnings

Impinj, Inc. (NASDAQ:PI - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 EPS estimates for shares of Impinj in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen forecasts that the company will earn $0.50 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $133.00 price target on the stock. The consensus estimate for Impinj's current full-year earnings is ($0.47) per share.

Impinj (NASDAQ:PI - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.12. The business had revenue of $74.28 million for the quarter, compared to analyst estimates of $71.73 million. Impinj had a net margin of 11.15% and a return on equity of 7.11%. The business's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the business earned $0.21 earnings per share.

A number of other brokerages have also recently weighed in on PI. Needham & Company LLC dropped their price target on Impinj from $130.00 to $115.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Evercore ISI lifted their price target on Impinj from $99.00 to $117.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $100.00 price objective on shares of Impinj in a report on Thursday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Impinj presently has a consensus rating of "Moderate Buy" and a consensus target price of $155.38.

Impinj Price Performance

Shares of Impinj stock traded down $1.88 during trading on Wednesday, hitting $109.14. The stock had a trading volume of 75,970 shares, compared to its average volume of 589,798. The business has a fifty day moving average of $97.45 and a two-hundred day moving average of $116.33. Impinj has a fifty-two week low of $60.85 and a fifty-two week high of $239.88. The firm has a market cap of $3.16 billion, a P/E ratio of 80.25 and a beta of 1.67.

Hedge Funds Weigh In On Impinj

A number of hedge funds have recently made changes to their positions in PI. Canada Pension Plan Investment Board bought a new position in Impinj in the 4th quarter valued at $29,000. Banque Transatlantique SA bought a new stake in shares of Impinj during the first quarter valued at approximately $29,000. SBI Securities Co. Ltd. acquired a new stake in shares of Impinj in the fourth quarter valued at approximately $33,000. Jones Financial Companies Lllp increased its holdings in shares of Impinj by 205.9% in the fourth quarter. Jones Financial Companies Lllp now owns 260 shares of the company's stock valued at $38,000 after purchasing an additional 175 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in Impinj in the 1st quarter worth approximately $43,000.

About Impinj

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item.