Susquehanna Issues Positive Forecast for Impinj (NASDAQ:PI) Stock Price

Impinj (NASDAQ:PI) had its price target upped by equities research analysts at Susquehanna from $175.00 to $225.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna‘s price target would suggest a potential upside of 27.49% from the company’s previous close.

Several other brokerages have also commented on PI. Cantor Fitzgerald reiterated an “overweight” rating and set a $200.00 price objective on shares of Impinj in a research report on Thursday, July 30th. BMO Capital Markets began coverage on Impinj in a research report on Thursday, August 20th. They issued an “outperform” rating and a $220.00 target price for the company. Zacks Research lowered Impinj from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $220.00 target price on shares of Impinj in a research note on Thursday. Finally, Needham & Company LLC increased their price target on shares of Impinj from $168.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday. Seven research 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, the company has an average rating of “Moderate Buy” and a consensus target price of $193.90.

Impinj Stock Up 1.0%

PI opened at $176.48 on Thursday. The stock has a market cap of $5.39 billion, a PE ratio of -191.83 and a beta of 1.94. The company has a quick ratio of 2.29, a current ratio of 3.28 and a debt-to-equity ratio of 0.80. Impinj has a 52 week low of $87.36 and a 52 week high of $245.93. The business’s fifty day simple moving average is $176.12 and its 200 day simple moving average is $144.61.

Impinj (NASDAQ:PI) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.08. Impinj had a positive return on equity of 5.23% and a negative net margin of 7.26%. The business had revenue of $112.08 million for the quarter, compared to the consensus estimate of $107.16 million. During the same quarter last year, the business posted $0.58 earnings per share. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. As a group, research analysts expect that Impinj will post 0.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Impinj

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

Institutional Investors Weigh In On Impinj

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new position in Impinj during the 2nd quarter worth approximately $637,286,000. The Manufacturers Life Insurance Company purchased a new position in Impinj in the 2nd quarter worth approximately $95,867,000. William Blair Investment Management LLC bought a new stake in Impinj in the second quarter valued at approximately $42,514,000. AWM Investment Company Inc. bought a new stake in Impinj in the second quarter valued at approximately $29,651,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Impinj by 7.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 181,978 shares of the company’s stock valued at $18,551,000 after purchasing an additional 11,896 shares during the last quarter.

More Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q3 results exceeded expectations: Impinj reported adjusted earnings of $0.69 per share, above the $0.61 consensus estimate, while revenue rose 16.7% year over year to a record $112.08 million, surpassing expectations of $107.16 million. Impinj Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Endpoint IC demand was a key growth driver: Management highlighted strong demand for its M800 products, supporting increased back-end production capacity and reinforcing the company’s growth trajectory. Impinj endpoint IC revenue report
• Positive Sentiment: Analyst confidence improved: Needham raised its price target on Impinj from $168 to $195 and assigned a “buy” rating, citing the company’s earnings performance and outlook.
• Positive Sentiment: Profitability and margins improved: Coverage described the quarter as featuring record revenue and margin expansion, while adjusted earnings increased from $0.58 per share in the prior-year quarter. Impinj Q3 2026: Record Revenue and Margin Expansion
• Neutral Sentiment: Q4 outlook implies a sequential slowdown: Impinj forecast fourth-quarter revenue of $104 million to $107 million, below its third-quarter result, although management expects M800 demand and capacity expansion to support future growth. Impinj Q4 2026 revenue outlook
• Negative Sentiment: Valuation remains demanding: Despite improved adjusted profitability, the company continues to report a negative net margin, and its elevated valuation leaves the stock sensitive to any shortfall in growth or execution.

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.