Impinj (NASDAQ:PI) Updates Q1 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.080-0.130 for the period, compared to the consensus EPS estimate of -0.110. The company issued revenue guidance of $71.0 million-$74.0 million, compared to the consensus revenue estimate of $89.7 million.

Impinj Trading Up 1.1%

Shares of Impinj stock traded up $1.61 during trading on Thursday, reaching $153.83. 782,487 shares of the company were exchanged, compared to its average volume of 698,825. The business has a 50-day moving average price of $168.65 and a 200-day moving average price of $173.59. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of -349.61 and a beta of 1.56. 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 twelve month low of $60.85 and a twelve month high of $247.06.

Impinj (NASDAQ:PI) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $92.85 million during the quarter, compared to analysts’ expectations of $91.87 million. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Sell-side analysts anticipate that Impinj will post -0.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Cantor Fitzgerald upped their price target on shares of Impinj from $217.00 to $246.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Needham & Company LLC reiterated a “buy” rating and set a $255.00 target price on shares of Impinj in a report on Friday, January 16th. UBS Group dropped their price target on Impinj from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Wall Street Zen cut Impinj from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, Zacks Research lowered Impinj from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Impinj has a consensus rating of “Moderate Buy” and a consensus price target of $225.22.

Insider Buying and Selling at Impinj

In related news, insider Sylebra Capital Llc sold 134,629 shares of Impinj stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the completion of the sale, the insider owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. The trade was a 10.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 672,780 shares of company stock valued at $106,355,666 over the last 90 days. 12.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Impinj

A number of large investors have recently made changes to their positions in the company. Advisors Asset Management Inc. raised its holdings in shares of Impinj by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after buying an additional 140 shares in the last quarter. Kelleher Financial Advisors bought a new position in shares of Impinj in the third quarter worth about $66,000. Advisory Services Network LLC acquired a new stake in shares of Impinj in the 3rd quarter valued at approximately $129,000. Focus Partners Wealth bought a new stake in shares of Impinj during the 1st quarter valued at approximately $223,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Impinj during the 3rd quarter valued at approximately $226,000.

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).