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IMPINJ Inc (MX:PI)
:PI

IMPINJ (PI) Price & Analysis

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PI Stock Chart & Stats

$2441.00
-$544.05(-19.81%)
At close: 4:00 PM EDT
$2441.00
-$544.05(-19.81%)

Bulls Say, Bears Say

Bulls Say
Broad RFID DemandRecord endpoint volumes, strong reader growth, and demand across retail, supply chain, and logistics indicate broadening adoption of Impinj’s RFID platform. This supports durable revenue expansion as more enterprise programs convert and existing lighthouse deployments extend into additional applications.
Cash GenerationStrong operating and free cash flow provide internal funding for capacity expansion, product development, and customer programs while improving resilience through industry cycles. Cash also comfortably covers interest expense, giving Impinj greater flexibility despite its currently negative GAAP earnings.
Improving Capital StructureLower leverage and the reduction of outstanding convertible debt strengthen financial flexibility and reduce future dilution pressure. Combined with a larger equity base, the improved capital structure gives Impinj more capacity to invest in throughput and pursue growth without relying as heavily on new financing.
Bears Say
GAAP Profitability Remains WeakImpinj has not yet converted its revenue scale and healthy gross margins into consistent GAAP profitability. Continued losses can constrain retained capital, increase dependence on operating cash flow, and make earnings quality less durable until expense growth and operating leverage improve.
Back-end Capacity ConstraintsCapacity constraints can prevent Impinj from fully converting customer demand into near-term shipments and revenue. The required multi-quarter ramp also creates execution risk, because throughput investments, owned process steps, and site diversification must scale successfully without undermining product availability or margins.
Software Monetization Is ImmatureThe platform’s software layer has not yet become a meaningful revenue stream, leaving current solutions economics primarily dependent on hardware sales. Delayed software monetization limits recurring-revenue diversification and means the long-term value of enterprise platform adoption still requires further execution.

IMPINJ News

PI FAQ

What was IMPINJ Inc’s price range in the past 12 months?
IMPINJ Inc lowest stock price was $1550.00 and its highest was $3600.00 in the past 12 months.
    What is IMPINJ Inc’s market cap?
    IMPINJ Inc’s market cap is $104.15B.
      When is IMPINJ Inc’s upcoming earnings report date?
      IMPINJ Inc’s upcoming earnings report date is Feb 10, 2027 which is in 101 days.
        How were IMPINJ Inc’s earnings last quarter?
        IMPINJ Inc released its earnings results on Oct 28, 2026. The company reported $12.877 earnings per share for the quarter, beating the consensus estimate of $11.384 by $1.493.
          Is IMPINJ Inc overvalued?
          According to Wall Street analysts IMPINJ Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            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 10.73.
              How many shares outstanding does IMPINJ Inc have?
              IMPINJ Inc has 30,859,581 shares outstanding.
                What happened to IMPINJ Inc’s price movement after its last earnings report?
                IMPINJ Inc reported an EPS of $12.877 in its last earnings report, beating expectations of $11.384. Following the earnings report the stock price went up 7.355%.
                  Which hedge fund is a major shareholder of IMPINJ Inc?
                  Currently, no hedge funds are holding shares in MX: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

                    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.

                    IMPINJ (PI) Earnings & Revenues

                    PI Company Deck

                    PI Earnings Call

                    Q3 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was strongly positive overall. Management reported record revenue, endpoint IC results, unit volumes, strong bookings, resilient demand across retail and supply chain, expanding food opportunities, improving product gross margin, and double-digit fourth-quarter revenue growth guidance. The main challenges were constrained back-end capacity, a near-term systems revenue decline from project timing and inventory burn-down, software that remains pre-revenue, higher operating expenses, and sequentially lower adjusted EBITDA and cash. The breadth of the reported growth and outlook significantly outweighed the stated challenges.View all MX:PI earnings summaries

                    PI Revenue Breakdown

                    76.23%76.23%23.77%
                    76.23% Endpoint IC's
                    23.77% Systems
                    tipranks

                    PI Stock 12 Month Forecast

                    Average Price Target

                    $3,847.17
                    ▲(57.61% Upside)
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12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2145,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":1818,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n      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