Analysts Issue Forecasts for Impinj FY2026 Earnings

Impinj, Inc. (NASDAQ:PI) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Impinj in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Jensen forecasts that the company will post earnings per share of $0.50 for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $133.00 target price on the stock. The consensus estimate for Impinj’s current full-year earnings is ($0.47) per share.

Other equities analysts have also recently issued research reports about the stock. Piper Sandler reissued an “overweight” rating and set a $100.00 target price on shares of Impinj in a research report on Thursday. Needham & Company LLC decreased their price target on shares of Impinj from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. Finally, Evercore ISI raised their price target on shares of Impinj from $99.00 to $117.00 and gave the stock an “outperform” rating in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Impinj presently has an average rating of “Moderate Buy” and a consensus price target of $155.38.

Impinj Stock Down 1.9%

Impinj stock opened at $108.90 on Wednesday. Impinj has a 52 week low of $60.85 and a 52 week high of $239.88. The company’s 50 day moving average price is $97.45 and its two-hundred day moving average price is $116.33. The stock has a market cap of $3.16 billion, a P/E ratio of 80.07 and a beta of 1.67.

Impinj (NASDAQ:PI) last announced its quarterly earnings results on Wednesday, April 23rd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.12. Impinj had a net margin of 11.15% and a return on equity of 7.11%. The business had revenue of $74.28 million for the quarter, compared to analysts’ expectations of $71.73 million. During the same quarter last year, the firm earned $0.21 EPS. The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Canada Pension Plan Investment Board purchased a new position in shares of Impinj during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of Impinj during the 4th quarter valued at $33,000. Jones Financial Companies Lllp grew its position in shares of Impinj by 205.9% during the 4th quarter. Jones Financial Companies Lllp now owns 260 shares of the company’s stock valued at $38,000 after purchasing an additional 175 shares in the last quarter. Banque Transatlantique SA purchased a new position in shares of Impinj during the 1st quarter valued at $29,000. Finally, IFP Advisors Inc grew its position in shares of Impinj by 116.5% during the 4th quarter. IFP Advisors Inc now owns 368 shares of the company’s stock valued at $53,000 after purchasing an additional 198 shares in the last quarter.

Impinj Company Profile

Impinj, Inc operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects 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.