
Impinj (PI) Stock Forecast & Price Target
Impinj (PI) Analyst Ratings
Bulls say
Impinj Inc. demonstrated robust growth in its endpoint integrated circuit (IC) sales, particularly benefitting from strong market demand within the supply chain and logistics sectors. In the third quarter, systems revenue accounted for 18% of total revenue, soaring 21% year-over-year and 30% quarter-over-quarter to reach $17.3 million, reflecting performance above expectations. Furthermore, the company anticipates an increase of approximately 100 basis points in endpoint product gross margin for the fourth quarter, signaling favorable margin conditions and continued demand for the M800 IC family.
Bears say
Impinj Inc. experienced a 7% year-over-year decline in Endpoint IC revenue, which constitutes 82% of its overall third-quarter revenue, resulting in earnings of $78.8 million, despite a sequential increase of 15% when excluding prior license contributions. The company anticipates further sequential declines in both Endpoint IC and Systems revenue for the fourth quarter, attributing this to project timing and the unusually strong performance in the previous quarter. Additionally, revised operating expense projections have led to lowered earnings per share estimates for 2026 and 2027, further contributing to a negative outlook on the stock.
This aggregate rating is based on analysts' research of Impinj and is not a guaranteed prediction by Public.com or investment advice.
Impinj (PI) Analyst Forecast & Price Prediction
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