Impinj Inc (PI) shares fell 8.90% as the stock crossed below the 20-day SMA, reflecting broader market weakness with the Nasdaq-100 down 1.60% and S&P 500 down 0.95%.
Despite the decline, Impinj issued strong Q4 revenue guidance, expecting to approach the high end of its prior range of $90M to $93M, exceeding analyst estimates. The anticipated adjusted EBITDA is also expected to surpass the midpoint of previous guidance, indicating improvements in profitability. The company's co-founder and CEO is presenting at an investment conference, which may attract investor interest.
The strong guidance suggests that Impinj is navigating market challenges effectively, particularly in the food and e-commerce sectors. Investors will be closely watching the upcoming earnings report on February 5 for further insights into the company's performance.
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.
