Impinj (NASDAQ:PI) Releases Q3 2025 Earnings Guidance

Key Points

• Impinj has updated its Q3 2025 earnings guidance, projecting earnings per share between $0.470 and $0.510, significantly above the consensus estimate of $0.384.
• The company also anticipates revenues of $91.0 million to $94.0 million, surpassing the consensus revenue estimate of $86.2 million.
• Impinj's stock recently traded down 0.5% to $122.21, with analysts giving the stock an average rating of "Moderate Buy" and a price target of $146.86.

Impinj (NASDAQ:PI - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.470-0.510 for the period, compared to the consensus earnings per share estimate of 0.384. The company issued revenue guidance of $91.0 million-$94.0 million, compared to the consensus revenue estimate of $86.2 million.

Impinj Stock Performance

Impinj stock traded down $1.66 during midday trading on Friday, reaching $152.92. 1,027,589 shares of the company's stock were exchanged, compared to its average volume of 564,778. Impinj has a 52 week low of $60.85 and a 52 week high of $239.88. The company has a debt-to-equity ratio of 1.51, a quick ratio of 7.46 and a current ratio of 11.64. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 15,307.31 and a beta of 1.74. The stock's 50-day simple moving average is $115.52 and its 200 day simple moving average is $105.13.

Impinj (NASDAQ:PI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.08. Impinj had a return on equity of 8.14% and a net margin of 0.18%. The business had revenue of $97.89 million during the quarter, compared to analysts' expectations of $93.78 million. During the same quarter last year, the company posted $0.83 earnings per share. Impinj's quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts expect that Impinj will post -0.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PI. Piper Sandler boosted their price objective on Impinj from $140.00 to $180.00 and gave the stock an "overweight" rating in a report on Thursday. Needham & Company LLC boosted their price objective on Impinj from $115.00 to $165.00 and gave the stock a "buy" rating in a report on Thursday. Susquehanna boosted their price objective on Impinj from $130.00 to $140.00 and gave the stock a "positive" rating in a report on Tuesday, July 22nd. Evercore ISI boosted their price objective on Impinj from $99.00 to $117.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Finally, Cantor Fitzgerald boosted their price objective on Impinj from $133.00 to $158.00 and gave the stock an "overweight" rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Impinj has an average rating of "Moderate Buy" and an average target price of $163.29.

Institutional Investors Weigh In On Impinj

Institutional investors have recently made changes to their positions in the stock. Intech Investment Management LLC lifted its stake in Impinj by 29.6% during the first quarter. Intech Investment Management LLC now owns 16,708 shares of the company's stock worth $1,515,000 after purchasing an additional 3,812 shares during the last quarter. Focus Partners Wealth bought a new stake in Impinj during the first quarter worth $223,000. Goldman Sachs Group Inc. lifted its stake in Impinj by 10.4% during the first quarter. Goldman Sachs Group Inc. now owns 279,209 shares of the company's stock worth $25,324,000 after purchasing an additional 26,388 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in Impinj by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company's stock worth $45,000 after purchasing an additional 140 shares during the last quarter.

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.