Loading...
Impinj Inc (PI) is not a strong buy at this moment for a beginner investor with a long-term strategy. While the company has long-term growth potential in sectors like retail and logistics, the recent financial performance, weak Q1 guidance, and bearish technical indicators suggest that the stock may face further near-term pressure. It is better to wait for clearer signs of recovery or stabilization before investing.
The stock's technical indicators are bearish. The MACD histogram is negative (-5.021), indicating downward momentum, and the RSI is at 24.367, which is neutral but close to being oversold. The moving averages are bearish (SMA_200 > SMA_20 > SMA_5), and the stock is trading near its key support level of 110.561, with resistance levels at 132.523 and 154.485.

Hedge funds are significantly increasing their positions in the stock, with a 4565.15% increase in buying activity over the last quarter. The company has long-term growth opportunities in retail, supply chain, logistics, and general merchandise sectors.
The Q1 guidance is significantly below consensus due to inventory digestion and weak demand from large customers. Analysts have broadly lowered price targets, and some have downgraded the stock. The stock recently dropped 31.7% due to missed earnings expectations and a pessimistic Q1 forecast. Technical indicators and options sentiment are bearish.
In Q4 2025, revenue grew by 1.4% YoY to $92.8 million, but net income dropped by 82.04% YoY to -$1.14 million. EPS fell by 81.82% YoY to -$0.04. Gross margin improved slightly to 51.18%, up 2.48% YoY. Overall, the financial performance shows weak profitability and earnings growth.
Analysts have broadly lowered their price targets, with the most recent targets ranging from $112 to $220. The consensus remains mixed, with some maintaining Buy or Overweight ratings, while others downgraded the stock to Neutral or In Line. Analysts acknowledge long-term growth potential but highlight near-term headwinds such as inventory issues and weak demand from key customers.