Analysts Set Expectations for Impinj FY2026 Earnings

Impinj, Inc. (NASDAQ:PI - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Impinj in a report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen forecasts that the company will post earnings of $0.50 per share for the year. Cantor Fitzgerald 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 announced 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 during the quarter, compared to the consensus estimate of $71.73 million. Impinj had a return on equity of 7.11% and a net margin of 11.15%. The business's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share.

A number of other equities research analysts also recently issued reports on the company. Piper Sandler reissued an "overweight" rating and set a $100.00 price target on shares of Impinj in a research report on Thursday. Evercore ISI boosted their price target on Impinj from $99.00 to $117.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Finally, Needham & Company LLC lowered their price target on Impinj from $130.00 to $115.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $155.38.

Impinj Price Performance

PI stock traded down $4.51 during trading on Wednesday, reaching $104.39. 293,232 shares of the stock traded hands, compared to its average volume of 590,539. The business's 50 day moving average price is $99.08 and its 200-day moving average price is $115.12. Impinj has a 52-week low of $60.85 and a 52-week high of $239.88. The firm has a market capitalization of $3.03 billion, a PE ratio of 76.76 and a beta of 1.67.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Canada Pension Plan Investment Board acquired a new stake in Impinj during the fourth quarter valued at approximately $29,000. Banque Transatlantique SA acquired a new stake in Impinj during the first quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new position in shares of Impinj during the fourth quarter valued at approximately $33,000. Jones Financial Companies Lllp grew its holdings in shares of Impinj by 205.9% during 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 during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Impinj during the first quarter valued at approximately $43,000.

Impinj Company Profile

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.