Impinj (NASDAQ:PI) Issues Q2 2026 Earnings Guidance

Impinj (NASDAQ:PI) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.770-0.820 for the period, compared to the consensus earnings per share estimate of 0.200. The company issued revenue guidance of $103.0 million-$106.0 million, compared to the consensus revenue estimate of $96.9 million.

Impinj Stock Up 1.0%

Impinj stock traded up $1.24 during midday trading on Wednesday, hitting $120.04. 1,037,506 shares of the company were exchanged, compared to its average volume of 666,081. The company has a market cap of $3.66 billion, a PE ratio of -307.79 and a beta of 1.67. Impinj has a fifty-two week low of $85.94 and a fifty-two week high of $247.06. The company’s fifty day moving average price is $108.06 and its 200-day moving average price is $147.59. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.68 and a quick ratio of 2.01.

Impinj (NASDAQ:PI) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.50). The company had revenue of $74.25 million during the quarter, compared to analysts’ expectations of $96.63 million. Impinj had a positive return on equity of 8.49% and a negative net margin of 3.00%.The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 EPS. Impinj has set its Q2 2026 guidance at 0.770-0.820 EPS. On average, research analysts predict that Impinj will post 0.25 EPS for the current fiscal year.

Analyst Ratings Changes

PI has been the subject of a number of analyst reports. Piper Sandler reissued a “mixed” rating and issued a $180.00 price objective (down from $230.00) on shares of Impinj in a research report on Friday, February 6th. Cantor Fitzgerald decreased their price objective on shares of Impinj from $246.00 to $170.00 and set an “overweight” rating for the company in a research report on Friday, February 6th. Evercore reissued an “in-line” rating and issued a $112.00 price objective (down from $273.00) on shares of Impinj in a research report on Friday, February 6th. Barclays decreased their price objective on shares of Impinj from $175.00 to $169.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Finally, Roth Mkm decreased their price objective on shares of Impinj from $220.00 to $180.00 and set a “buy” rating for the company in a research report on Monday, March 16th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Impinj presently has a consensus rating of “Hold” and an average price target of $167.63.

Hedge Funds Weigh In On Impinj

Large investors have recently bought and sold shares of the business. Advisors Asset Management Inc. lifted its holdings in Impinj by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock worth $45,000 after acquiring an additional 140 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Impinj by 41.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 340 shares of the company’s stock worth $59,000 after acquiring an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Impinj by 35.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 384 shares of the company’s stock worth $65,000 after acquiring an additional 100 shares during the last quarter. Kelleher Financial Advisors bought a new position in Impinj in the third quarter worth about $66,000. Finally, Advisory Services Network LLC bought a new position in Impinj in the third quarter worth about $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).