Impinj (NASDAQ:PI) Updates Q3 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.590-0.630 for the period, compared to the consensus EPS estimate of -0.010. The company issued revenue guidance of $105.5 million-$108.5 million, compared to the consensus revenue estimate of $98.6 million.

Wall Street Analyst Weigh In

PI has been the topic of a number of research analyst reports. UBS Group upped their price target on shares of Impinj from $155.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Weiss Ratings cut Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, May 4th. Jefferies Financial Group boosted their price target on Impinj from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday. Barclays increased their price target on Impinj from $169.00 to $176.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.00 price objective on shares of Impinj in a research note on Thursday. Six investment 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.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $179.22.

Impinj Stock Up 0.4%

Shares of NASDAQ PI traded up $0.60 during mid-day trading on Friday, reaching $148.09. 95,794 shares of the company’s stock traded hands, compared to its average volume of 570,480. The company has a debt-to-equity ratio of 1.18, a current ratio of 9.20 and a quick ratio of 6.55. The business has a 50-day simple moving average of $137.92 and a 200 day simple moving average of $130.20. The stock has a market cap of $4.51 billion, a P/E ratio of -160.97 and a beta of 1.92. Impinj has a 1-year low of $87.36 and a 1-year high of $247.06.

Impinj (NASDAQ:PI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. The business had revenue of $108.37 million for the quarter, compared to analysts’ expectations of $104.60 million. Impinj had a negative net margin of 7.26% and a positive return on equity of 5.42%. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 EPS. Impinj has set its Q3 2026 guidance at 0.590-0.630 EPS. On average, analysts expect that Impinj will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling at Impinj

In related news, Director Sylebra Capital Llc sold 48,504 shares of Impinj stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $150.78, for a total transaction of $7,313,433.12. Following the transaction, the director owned 973,667 shares of the company’s stock, valued at $146,809,510.26. The trade was a 4.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 265,124 shares of company stock valued at $36,565,887 in the last 90 days. 6.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Impinj

A number of hedge funds have recently bought and sold shares of the company. Daiwa Securities Group Inc. grew its position in Impinj by 41.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock worth $59,000 after purchasing an additional 100 shares in the last quarter. Kelleher Financial Advisors bought a new stake in Impinj during the third quarter worth $66,000. Smartleaf Asset Management LLC grew its stake in Impinj by 35.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 384 shares of the company’s stock valued at $65,000 after purchasing an additional 100 shares during the period. Advisors Asset Management Inc. increased its position in shares of Impinj by 39.9% during the 1st 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. Finally, Advisory Services Network LLC bought a new stake in shares of Impinj during the 3rd quarter worth $129,000.

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).