Impinj (NASDAQ:PI) Releases Q3 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (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.

Impinj Stock Up 4.7%

Shares of NASDAQ PI traded up $6.27 during midday trading on Wednesday, reaching $139.30. 805,558 shares of the company’s stock were exchanged, compared to its average volume of 569,783. The company has a debt-to-equity ratio of 1.18, a quick ratio of 6.55 and a current ratio of 9.20. Impinj has a 52-week low of $87.36 and a 52-week high of $247.06. The business’s fifty day moving average price is $137.73 and its two-hundred day moving average price is $131.13. The stock has a market capitalization of $4.24 billion, a PE ratio of -151.41 and a beta of 1.92.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.06. Impinj had a positive return on equity of 5.67% and a negative net margin of 7.66%.The firm had revenue of $108.37 million during the quarter, compared to the consensus estimate of $104.60 million. Impinj has set its Q3 2026 guidance at 0.590-0.630 EPS. Analysts forecast that Impinj will post 0.28 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PI. UBS Group lifted their price target on shares of Impinj from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Needham & Company LLC reissued a “buy” rating and issued a $175.00 target price on shares of Impinj in a research report on Thursday, April 30th. Wall Street Zen cut shares of Impinj from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Barclays boosted their price objective on Impinj from $169.00 to $176.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Weiss Ratings lowered Impinj from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $175.00.

Insider Activity at Impinj

In related news, Director Sylebra Capital Llc sold 48,504 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $150.78, for a total transaction of $7,313,433.12. Following the completion of the sale, the director owned 973,667 shares of the company’s stock, valued at $146,809,510.26. This represents a 4.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 265,124 shares of company stock valued at $36,565,887. Insiders own 6.80% of the company’s stock.

Hedge Funds Weigh In On Impinj

Institutional investors have recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. raised its stake in shares of Impinj by 12.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 183,669 shares of the company’s stock valued at $31,961,000 after purchasing an additional 20,178 shares in the last quarter. Invesco Ltd. grew its position in Impinj by 6.5% in the 4th quarter. Invesco Ltd. now owns 1,287,879 shares of the company’s stock valued at $224,104,000 after buying an additional 78,587 shares in the last quarter. Corient Private Wealth LLC increased its stake in Impinj by 2.9% during the 4th quarter. Corient Private Wealth LLC now owns 3,808 shares of the company’s stock valued at $662,000 after buying an additional 108 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Impinj by 44.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,211 shares of the company’s stock valued at $559,000 after buying an additional 995 shares during the period. Finally, Vident Advisory LLC raised its position in shares of Impinj by 12.0% during the 4th quarter. Vident Advisory LLC now owns 2,364 shares of the company’s stock worth $411,000 after buying an additional 253 shares in 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).