Impinj, Inc. (NASDAQ:PI) Receives $226.33 Consensus Price Target from Brokerages

Impinj, Inc. (NASDAQ:PI) has received an average rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $226.3333.

Several analysts have recently issued reports on the company. Cantor Fitzgerald upped their price objective on Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. UBS Group started coverage on shares of Impinj in a research report on Friday, November 7th. They set a “neutral” rating and a $200.00 price objective for the company. Weiss Ratings restated a “sell (d)” rating on shares of Impinj in a report on Thursday. Wall Street Zen cut shares of Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $235.00 price target on shares of Impinj in a report on Thursday, October 30th.

Impinj Stock Down 0.7%

PI opened at $159.77 on Thursday. The company has a market capitalization of $4.81 billion, a PE ratio of -363.11 and a beta of 1.52. The firm has a 50-day simple moving average of $168.76 and a two-hundred day simple moving average of $171.48. The company has a quick ratio of 1.97, a current ratio of 2.67 and a debt-to-equity ratio of 0.94. Impinj has a 52 week low of $60.85 and a 52 week high of $247.06.

Impinj (NASDAQ:PI) last issued its earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.08. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The firm had revenue of $96.06 million for the quarter, compared to analysts’ expectations of $92.71 million. During the same period in the previous year, the firm posted $0.56 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. Analysts forecast that Impinj will post -0.47 earnings per share for the current fiscal year.

Insider Transactions at Impinj

In other news, insider Sylebra Capital Llc sold 134,629 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total value of $20,242,816.44. Following the completion of the sale, the insider directly owned 1,132,152 shares of the company’s stock, valued at $170,230,374.72. This trade represents a 10.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 697,450 shares of company stock worth $110,643,153 in the last quarter. Corporate insiders own 12.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PI. GAMMA Investing LLC raised its holdings in shares of Impinj by 3.5% in the third quarter. GAMMA Investing LLC now owns 1,679 shares of the company’s stock worth $303,000 after buying an additional 57 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in Impinj by 0.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,130 shares of the company’s stock valued at $3,113,000 after acquiring an additional 66 shares during the last quarter. Amalgamated Bank grew its position in Impinj by 1.1% in the 2nd quarter. Amalgamated Bank now owns 6,670 shares of the company’s stock valued at $741,000 after acquiring an additional 74 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Impinj by 90.4% in the third quarter. Hantz Financial Services Inc. now owns 158 shares of the company’s stock worth $29,000 after purchasing an additional 75 shares during the period. Finally, Bessemer Group Inc. lifted its position in shares of Impinj by 101.2% during the third quarter. Bessemer Group Inc. now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 84 shares during the last quarter.

About Impinj

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).