Impinj COO Resignation Amid Stable Earnings Outlook

IMPINJ ( (PI) ) has provided an update.

On May 22, 2025, Impinj, Inc. announced the resignation of its Chief Operating Officer, Hussein Mecklai, effective May 20, 2025. Despite this leadership change, the company affirmed that there would be no alterations to its previously disclosed earnings guidance, indicating stability in its operational outlook.

The most recent analyst rating on (PI) stock is a Buy with a $190.00 price target. To see the full list of analyst forecasts on IMPINJ stock, see the PI Stock Forecast page.

Spark’s Take on PI Stock

According to Spark, TipRanks’ AI Analyst, PI is a Neutral.

IMPINJ’s overall stock score reflects a mixed financial health with strengths in cash flow and market positioning, offset by profitability challenges and high valuation concerns. The technical analysis suggests short-term positive momentum, while the earnings call indicates potential growth tempered by immediate challenges. Investors should weigh the company’s strategic strengths against its financial and operational risks.

To see Spark’s full report on PI stock, click here.

More about IMPINJ

Impinj, Inc. operates in the technology industry, primarily focusing on providing RAIN RFID solutions that enable wireless connectivity for various applications. The company’s products and services are aimed at enhancing the efficiency and visibility of supply chains, retail operations, and other sectors requiring item-level tracking.

Average Trading Volume: 710,575

Technical Sentiment Signal: Buy

Current Market Cap: $3.57B

See more insights into PI stock on TipRanks’ Stock Analysis page.