Impinj Inc's stock fell 5.39% as it hit a 20-day low amid mixed market conditions, with the Nasdaq-100 down slightly while the S&P 500 showed minor gains.
Despite the stock's decline, Impinj has updated its Q4 sales guidance, expecting revenue between $90 million and $93 million, which exceeds analyst estimates of less than $92 million. The company also anticipates adjusted EBITDA to surpass the midpoint of its previous guidance, indicating potential improvements in profitability. However, market concerns about future profitability persist, particularly with analysts predicting a GAAP loss of $0.35 per share in 2025, leading to a 7% drop in stock price despite the positive sales outlook.
The optimistic sales forecast reflects Impinj's strong market position, particularly in the food and e-commerce sectors. Investors are keenly awaiting the upcoming earnings report on February 5, which will provide further insights into the company's performance and growth potential.
Wall Street analysts forecast PI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PI is 240.50 USD with a low forecast of 200.00 USD and a high forecast of 273.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast PI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PI is 240.50 USD with a low forecast of 200.00 USD and a high forecast of 273.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 147.800
Low
200.00
Averages
240.50
High
273.00
Current: 147.800
Low
200.00
Averages
240.50
High
273.00
UBS
Neutral
downgrade
$200 -> $190
2026-01-26
New
Reason
UBS
Price Target
$200 -> $190
AI Analysis
2026-01-26
New
downgrade
Neutral
Reason
UBS lowered the firm's price target on Impinj to $190 from $200 and keeps a Neutral rating on the shares.
UBS
Neutral
initiated
$200
2025-11-07
Reason
UBS
Price Target
$200
2025-11-07
initiated
Neutral
Reason
UBS initiated coverage of Impinj (PI) with a Neutral rating and $200 price target. Impinj is a leading player in a vast RAIN RFID tag chip market, but UBS is concerned on near-term revenue visibility, the analyst tells investors in a research note. The set-up through 2026 looks challenged given moderating tailwinds from mature programs, retail uncertainty from tariffs/inflation, and unpredictable ramps at Walmart (WMT) and Kroger (KR), the firm says.
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Barclays
Overweight
maintain
$200 -> $211
2025-11-05
Reason
Barclays
Price Target
$200 -> $211
2025-11-05
maintain
Overweight
Reason
Barclays raised the firm's price target on Impinj to $211 from $200 and keeps an Overweight rating on the shares following the Q3 report. The firm remains constructive on the shares following the selloff, saying Impinj has a "potentially huge opportunity" as grocery gathers momentum.
Needham
James Ricchiuti
NULL -> Buy
maintain
$195 -> $255
2025-10-30
Reason
Needham
James Ricchiuti
Price Target
$195 -> $255
2025-10-30
maintain
NULL -> Buy
Reason
Needham analyst James Ricchiuti raised the firm's price target on Impinj to $255 from $195 and keeps a Buy rating on the shares. The company posted stronger Q3 results and provided an in-line revenue outlook for Q4, with better earnings, even though the print may not be enough to satisfy investors following the sharp run-up in the shares, the analyst tells investors in a research note.
About PI
Impinj, Inc. (Impinj) is a RAIN radio frequency identification (RFID) and Internet of things provider. The Company helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. It designs, sells or licenses, including silicon RAIN radios; manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate its solutions know-how. The Company sells two types of silicon integrated circuit (IC), radios. The first are endpoint ICs that store a serialized number to wirelessly identify an item. The second are reader ICs that its partners use in finished readers to wirelessly discover, inventory and engage the endpoint ICs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
