Impinj (NASDAQ:PI) Releases Q4 2026 Earnings Guidance

Impinj (NASDAQ:PI) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.550-0.600 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $104.0 million-$107.0 million, compared to the consensus revenue estimate of $99.3 million.

Impinj Stock Up 3.4%

NASDAQ:PI opened at $182.55 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.29 and a current ratio of 3.28. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of -553.17 and a beta of 1.94. Impinj has a one year low of $87.36 and a one year high of $223.05. The stock has a 50-day simple moving average of $176.48 and a 200 day simple moving average of $144.47.

Impinj (NASDAQ:PI) last released its quarterly earnings data on Wednesday, October 28th. The company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.08. Impinj had a negative net margin of 2.45% and a positive return on equity of 7.32%. The firm had revenue of $112.08 million during the quarter, compared to the consensus estimate of $107.16 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis. Sell-side analysts predict that Impinj will post 0.37 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PI shares. Needham & Company LLC upped their target price on Impinj from $168.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday. Jefferies Financial Group upped their price objective on shares of Impinj from $190.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.00 target price on shares of Impinj in a research note on Thursday, July 30th. Wall Street Zen raised shares of Impinj from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, UBS Group upped their price target on shares of Impinj from $175.00 to $180.00 and gave the company a “neutral” rating in a report on Thursday. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $194.40.

Insider Transactions at Impinj

In related news, CFO Cary Baker sold 8,892 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $185.00, for a total value of $1,645,020.00. Following the completion of the transaction, the chief financial officer owned 80,388 shares of the company’s stock, valued at $14,871,780. This represents a 9.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Miron Washington sold 800 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $173.26, for a total value of $138,608.00. Following the completion of the sale, the director owned 4,354 shares in the company, valued at approximately $754,374.04. This represents a 15.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,121 shares of company stock valued at $2,047,993 over the last ninety days. 6.80% of the stock is owned by insiders.

Impinj News Summary

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Third-quarter results exceeded expectations: Impinj reported adjusted earnings of $0.69 per share versus the $0.61 consensus estimate, while revenue of $112.08 million surpassed expectations of $107.16 million. Revenue increased 16.7% year over year, and earnings improved from $0.58 per share in the prior-year quarter. Impinj Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Endpoint IC demand is strengthening: Reports highlighted surging endpoint integrated-circuit revenue, record quarterly revenue and margin expansion, supporting the view that Impinj’s growth has reaccelerated. Impinj Endpoint IC Revenue
• Positive Sentiment: Management provided a solid outlook: Impinj expects fourth-quarter 2026 revenue of $104 million to $107 million, with demand for its M800 products driving a ramp in back-end production capacity. The outlook reinforces expectations for continued growth, though the midpoint is below third-quarter revenue. Impinj Q4 Outlook
• Positive Sentiment: Some analysts raised targets: Susquehanna lifted its target from $175 to $225 and assigned a positive rating, while Needham raised its target from $168 to $195 and maintained a buy rating.
• Neutral Sentiment: Analyst views remain mixed: UBS increased its target from $175 to $180 but kept a neutral rating, implying limited upside based on the cited reference price.
• Negative Sentiment: Valuation limits enthusiasm: A previously bearish analyst upgraded Impinj to hold, acknowledging the renewed growth story but cautioning that valuation metrics remain demanding. The company also continues to report a negative net margin, making execution and sustained demand especially important.

About Impinj

Impinj, Inc (NASDAQ: PI) develops technology for the Internet of Things (IoT) based on RAIN RFID, a wireless technology used to identify, locate and authenticate individual items. Its platform is designed to connect physical products, packages and assets to digital systems, helping organizations collect real-time information throughout supply chains and business operations.

The company offers a portfolio of RAIN RFID endpoint integrated circuits, reader chips, RFID readers and gateways, antennas, and cloud and software solutions.