Impinj, Inc. (NASDAQ:PI) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus "Hold": Nine analysts cover Impinj with a mixed split (2 sell, 2 hold, 5 buy) and an average 1‑year price target of $175, reflecting tempered Wall Street sentiment.
• Strong guidance and bookings: Impinj beat Q1 estimates and raised Q2 guidance sharply (revenue $103–$106M; non‑GAAP EPS $0.77–$0.82), driving record bookings and roughly a 20% stock surge on improving demand visibility.
• Profitability and recovery caveats: Revenue was essentially flat year‑over‑year and the company reported a negative net margin (~‑7.7%), signaling ongoing profitability pressure despite positive bookings and rising institutional ownership.

Impinj, Inc. (NASDAQ:PI - Get Free Report) has received a consensus rating of "Hold" from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have issued 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 $175.00.

PI has been the topic of a number of research analyst reports. Evercore set a $144.00 price objective on shares of Impinj in a research report on Thursday. Barclays upped their target price on shares of Impinj from $169.00 to $176.00 and gave the company an "overweight" rating in a research note on Friday. UBS Group boosted their price target on shares of Impinj from $155.00 to $175.00 and gave the company a "neutral" rating in a report on Thursday. Roth Mkm decreased their price objective on shares of Impinj from $220.00 to $180.00 and set a "buy" rating on the stock in a report on Monday, March 16th. Finally, Wall Street Zen raised shares of Impinj from a "hold" rating to a "buy" rating in a report on Saturday.

Institutional Trading of Impinj

A number of hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its stake in shares of 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 acquiring an additional 393,685 shares in the last quarter. Norges Bank bought a new position in Impinj during the fourth quarter worth $55,216,000. William Blair Investment Management LLC acquired a new stake in shares of Impinj during the third quarter worth $36,259,000. State Street Corp lifted its holdings in shares of Impinj by 10.8% during the fourth quarter. State Street Corp now owns 1,276,893 shares of the company's stock worth $222,192,000 after buying an additional 124,792 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Impinj by 1,880.0% during the fourth quarter. BNP Paribas Financial Markets now owns 128,624 shares of the company's stock worth $22,382,000 after buying an additional 122,128 shares in the last quarter.

Key Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Management raised Q2 guidance sharply — expects revenue of $103M–$106M and non‑GAAP EPS $0.77–$0.82, well above Street estimates; company cited an endpoint IC demand rebound. Impinj expects Q2 revenue of $103M-$106M and non-GAAP EPS of $0.77-$0.82 as endpoint IC demand rebounds
• Positive Sentiment: Company reported record bookings and guided to higher Q2 revenue while calling the outlook “prudent,” signaling improving demand visibility. Impinj posts record bookings, forecasts higher Q2 revenue with prudent outlook
• Positive Sentiment: Needham & Company reaffirmed a Buy on PI and set a $175 price target (~19% upside to the reference price), supporting analyst confidence. Impinj NASDAQ: PI Receives Buy Rating from Needham & Company LLC
• Positive Sentiment: Market reaction: multiple outlets note a roughly 20% stock surge after the stronger Q2 outlook — momentum and positive press amplified buying. Impinj surges 20% after Q2 outlook beats estimates
• Positive Sentiment: Analysts and press view the move as durable: Barron's highlights upside potential and positive analyst commentary following earnings/guidance. This Chip Maker’s Stock Is Soaring After Earnings. Analysts See 20% More Upside.
• Neutral Sentiment: Q1 results beat expectations: GAAP/non‑GAAP EPS $0.14 vs. consensus $0.11 and revenue $74.25M vs. ~$72.5M — positive beats but management emphasized cautious near‑term visibility. Impinj NASDAQ: PI earnings report and call materials
• Neutral Sentiment: Detailed earnings highlights and call transcript provide color on bookings, channel timing and inventory; useful for investors modeling recovery timing. Impinj Inc (PI) Q1 2026 Earnings Call Highlights: Record Bookings Amidst Revenue Challenges
• Negative Sentiment: Underlying business still shows weakness: revenue was essentially flat (down 0.1% YoY) and the company reported a negative net margin (~‑7.7%), signaling profitability pressures despite the beat. Impinj NASDAQ: PI Q1 results and financials

Impinj Trading Up 1.6%

Impinj stock opened at $147.21 on Friday. The firm's 50-day moving average is $108.49 and its 200-day moving average is $147.57. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.01 and a current ratio of 9.20. Impinj has a 1 year low of $87.36 and a 1 year high of $247.06. The company has a market cap of $4.48 billion, a P/E ratio of -160.01 and a beta of 1.93.

Impinj (NASDAQ:PI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.03. Impinj had a negative net margin of 7.66% and a positive return on equity of 5.67%. The firm had revenue of $74.25 million for the quarter, compared to the consensus estimate of $72.53 million. During the same period last year, the firm posted $0.21 EPS. Impinj's quarterly revenue was down .1% compared to the same quarter last year. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. On average, equities analysts expect that Impinj will post 0.25 earnings per share for the current year.

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).

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