Impinj (PI) to Release Quarterly Earnings on Wednesday

Impinj (NASDAQ:PI - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Wednesday, July 30th. Analysts expect Impinj to post earnings of $0.72 per share and revenue of $93.78 million for the quarter. Impinj has set its Q2 2025 guidance at 0.680-0.760 EPS.

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, topping analysts' consensus estimates of $0.09 by $0.12. Impinj had a positive return on equity of 6.45% and a negative net margin of 0.26%. The business had revenue of $74.28 million during the quarter, compared to analysts' expectations of $71.73 million. During the same period in the previous year, the firm earned $0.21 earnings per share. The firm's quarterly revenue was down 3.3% compared to the same quarter last year. On average, analysts expect Impinj to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Impinj Trading Down 0.1%

NASDAQ:PI traded down $0.14 on Friday, reaching $115.98. The company's stock had a trading volume of 250,878 shares, compared to its average volume of 598,990. Impinj has a 1-year low of $60.85 and a 1-year high of $239.88. The company has a debt-to-equity ratio of 1.77, a quick ratio of 7.46 and a current ratio of 10.96. The firm has a market cap of $3.36 billion, a PE ratio of -2,898.78 and a beta of 1.64. The business's 50-day moving average price is $113.95 and its two-hundred day moving average price is $106.60.

Hedge Funds Weigh In On Impinj

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Piper Sandler restated an "overweight" rating and issued a $100.00 price objective on shares of Impinj in a research note on Thursday, June 12th. Needham & Company LLC reduced their target price on Impinj from $130.00 to $115.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $133.00 target price on shares of Impinj in a report on Thursday, April 24th. Finally, Evercore ISI raised their price objective on Impinj from $99.00 to $117.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $155.38.

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.