Impinj, Inc.

Impinj, Inc.

PIยทNASDAQ

$137.76

-3.4%
TechnologySemiconductors

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

At a Glance

Live Snapshot
Market Cap$4.20B
EPS-0.3700
P/E Ratio-372.32
Earnings Date07/29/2026
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Impinj, Inc. Street Expectations Map

PI ยท NASDAQ

Wall Street analysts project that PI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 180.00, with estimates ranging from a low of 144.00 to a high of 220.00.

Lowest Target
144.00
4.53%
Consensus Target
180.00
30.66%
Highest Target
220.00
59.70%

The consensus 1-year price target stands at 180.00, with estimates ranging from a low of 144.00 to a high of 220.00.

Analyst Consensus Analysis

Upside Potential

+30.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

42.2% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Impinj, Inc. Forward Estimates of Revenue

PI ยท NASDAQ
Latest Revenue
361.07M
FY 2025
Avg Estimate
441.65M
FY 2026
Estimate Range
436.77M - 446.53M
Analyst Spread

Forward Growth Analysis

Projected Growth+22.3%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Impinj, Inc. Forward Estimates of Net Income

PI ยท NASDAQ
Latest Net Income
-10.85M
FY 2025
Avg Estimate
83.36M
FY 2026
Estimate Range
80.93M - 85.79M
Analyst Spread

Forward Growth Analysis

Projected Growth+868.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Impinj, Inc. Forward Estimates of EPS

PI ยท NASDAQ
Latest EPS
-0.37
FY 2025
Avg Estimate
$2.85
FY 2026
Estimate Range
$2.75 - $2.91
Analyst Spread

Forward Growth Analysis

Projected Growth+870.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage5 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Impinj, Inc. Forward Estimates of EBIT

PI ยท NASDAQ
Latest EBIT
-6.55M
FY 2025
Avg Estimate
-62.06M
FY 2026
Estimate Range
-62.75M - -61.38M
Analyst Spread

Forward Growth Analysis

Projected Growth-847.7%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Impinj, Inc. Forward Estimates of EBITDA

PI ยท NASDAQ
Latest EBITDA
8.49M
FY 2025
Avg Estimate
-47.80M
FY 2026
Estimate Range
-48.33M - -47.27M
Analyst Spread

Forward Growth Analysis

Projected Growth-662.9%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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Impinj, Inc. Forward Estimates of SG&A Expense

PI ยท NASDAQ
Latest SG&A Expense
85.72M
FY 2025
Avg Estimate
148.45M
FY 2026
Estimate Range
146.81M - 150.09M
Analyst Spread

Forward Growth Analysis

Projected Growth+73.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Impinj, Inc. Insider Positioning

PI ยท NASDAQ

During the last 12 months, insiders have sold $184.45M worth of PI shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

93.4K

14.11M

Net Activity

-14.1M

-$14.11M

3-6 Months

Bought

0

0.00

Sold

367.7K

55.80M

Net Activity

-55.8M

-$55.80M

6-9 Months

Bought

0

0.00

Sold

630.8K

113.92M

Net Activity

-113.9M

-$113.92M

9-12 Months

Bought

0

0.00

Sold

3.3K

625.23K

Net Activity

-625K

-$625K

Top Buyers

No buying activity

Top Sellers

1
SCL

Sylebra Capital Llc

Director

1.1M sharesโ€ข27 transactions

$183.57M

2
DCP

Diorio Chris Ph.D.

Director, Officer: Chief Executive Officer

4.4K sharesโ€ข8 transactions

$826K

3
WM

Washington Miron

Director

342 sharesโ€ข1 transactions

$54K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $184.45M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$14.11M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.