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PI Stock Chart & Stats
$159.25
$2.56(1.96%)
At close: 4:00 PM EDT
$159.25
$2.56(1.96%)
Day’s Range― - ―
52-Week Range$87.36 - $247.06
Previous CloseN/A
Volume144.79K
Average Volume (3M)370.14K
Market Cap
$5.54B
Enterprise Value$4.57K
Total Cash (Recent Filing)$133.02M
Total Debt (Recent Filing)$266.65M
Price to Earnings (P/E)―
Beta2.26
Next Earnings
Oct 28, 2026EPS Estimate
0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding30,554,413
10 Day Avg. Volume379,854
30 Day Avg. Volume370,139
Financial Highlights & Ratios
PEG Ratio3.75
Price to Book (P/B)24.35
Price to Sales (P/S)14.11
P/FCF Ratio111.05
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$181.63Price Target Upside14.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)2.09
Revenue Forecast (FY)$389.62M
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationTTM operating and free cash flow of about $71.6M and $63.0M, both sharply higher year over year, indicate recent sales are converting into internal funding. This supports investment, debt service and resilience while reducing reliance on external capital over coming quarters.
Record RFID DemandRecord endpoint IC revenue, unit volumes and bookings demonstrate increasing adoption of Impinj’s core RFID technology and expanding tagged-item activity. Sustained ecosystem demand can improve factory utilization, reinforce customer relationships and provide a durable base for future reader and software sales.
Improving Product EconomicsA record 60.9% gross margin, alongside expected sequential product-margin improvement, indicates favorable mix and operating execution. Better economics on core products can strengthen cash conversion and provide capacity to fund solution development without depending solely on higher unit volumes.
Bears Say
Unstable ProfitabilityDespite strong recent cash generation, Impinj remains loss-making on a TTM basis and its earnings history has been volatile. Negative operating profit reduces confidence in repeatable earnings power, limits internally funded flexibility and leaves results more sensitive to mix, spending and demand fluctuations.
Meaningful LeverageDebt remains higher than equity, so leverage continues to constrain financial flexibility even after the balance sheet improved materially. Interest obligations and refinancing needs can compete with investment priorities, while negative returns indicate the stronger equity base has not yet translated into consistent profitability.
Competitive Product RiskA competitor’s new endpoint IC could challenge Impinj’s position in a core product category if customers receive comparable performance or pricing alternatives. Even without observed impact yet, competitive introductions may pressure share, pricing and investment requirements over the next several quarters.
PI FAQ
What was IMPINJ Inc’s price range in the past 12 months?
IMPINJ Inc lowest stock price was $87.36 and its highest was $247.06 in the past 12 months.
What is IMPINJ Inc’s market cap?
IMPINJ Inc’s market cap is $5.54B.
When is IMPINJ Inc’s upcoming earnings report date?
IMPINJ Inc’s upcoming earnings report date is Oct 28, 2026 which is in 36 days.
How were IMPINJ Inc’s earnings last quarter?
IMPINJ Inc released its earnings results on Jul 29, 2026. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.795 by $0.065.
Is IMPINJ Inc overvalued?
According to Wall Street analysts IMPINJ Inc’s price is currently Undervalued.
Does IMPINJ Inc pay dividends?
IMPINJ Inc does not currently pay dividends.
What is IMPINJ Inc’s EPS estimate?
IMPINJ Inc’s EPS estimate is 0.61.
How many shares outstanding does IMPINJ Inc have?
IMPINJ Inc has 30,554,413 shares outstanding.
What happened to IMPINJ Inc’s price movement after its last earnings report?
IMPINJ Inc reported an EPS of $0.86 in its last earnings report, beating expectations of $0.795. Following the earnings report the stock price went up 5.879%.
Which hedge fund is a major shareholder of IMPINJ Inc?
Currently, no hedge funds are holding shares in PI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IMPINJ Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$181.63 (14.05% Upside)
$181.63 (14.05% Upside)
Blogger Sentiment
Neutral
PI Sentiment 60%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 26.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.42%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.10%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
IMPINJ Inc
Impinj, Inc., established in 2000 and headquartered in Seattle, Washington, provides a sophisticated cloud connectivity platform across the Americas, Asia Pacific, Europe, the Middle East, and Africa. This comprehensive platform facilitates the wireless linking of individual physical items, subsequently transmitting vital data about these connected objects to a diverse range of business and consumer software applications. The company's offerings are built around several interconnected product families. Firstly, it features "endpoint ICs," which are miniature radio-on-a-chip components designed to be affixed to an item, supplying it with a unique identifier. Secondly, "systems products" include reader ICs, standalone readers, and gateways. These components work in unison to wirelessly power and enable bidirectional communication with endpoint ICs on host items, as well as to execute tasks such as reading, writing, authenticating, and interacting with them. Finally, the platform incorporates advanced software and algorithms. These tools empower Impinj's partners to develop and deploy practical solutions for end-users, covering applications like retail self-checkout, loss prevention, and precise warehouse inventory management, including pallet and carton tracking. Impinj serves a broad spectrum of industries, including retail, supply chain and logistics, aviation, automotive, healthcare, industrial manufacturing, sports, food services, data centers, travel, banking, and even linen and uniform management. Its products and services are distributed through an extensive network of partners, including distributors, system integrators, value-added resellers, and software solution providers.
PI Company Deck
PI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated multiple operational and financial milestones — record revenue, record adjusted EBITDA and EPS, record endpoint IC volumes and strong Q3 guidance — supported by product mix improvements, Gen2X adoption and an ahead-of-schedule custom ASIC ramp that improves channel visibility. Key risks include a YoY decline in systems revenue, historical channel inventory timing issues (and modest tariff‑driven pull-ins), operational complexity from custom ASICs, competitive product introductions, and several important new markets (food, DPP) still in pilot/early stages. On balance, the company presented strong growth, profitability and cash generation with manageable execution and timing risks.View all PI earnings summariesPI Revenue Breakdown
76.23% Endpoint IC's
23.77% Systems

PI Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$181.63
▲(14.05% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
8.58% Insiders
40.24% Mutual Funds
14.98% Other Institutional Investors
8.98% Public Companies and
Individual Investors









