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Impinj, Inc.

PI

Last
$189.63
Day
+3.4%
1y
-10.8%
5y
+240.1%
52w
-25.7%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-10-2817d
EMA 21
180.44
EMA 50
171.78
EMA 200
152.82
20d high
-4.8%
5y high
-25.7%
5y range
69th
Website · 457 employees · United States

Positions held

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Score
35
Hold
swing
Signal
Strong Buy
Target
$204.66
Stop
$172.85
Stop distance
8.8%
Target vs last
+7.9%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Impinj operates in the growing semiconductor industry, which is essential for IoT and RFID technologies, positioning it well for future demand.
  • Revenue increased by 46% compared to the prior quarter, reaching $108 million.
  • Gross margin improved to 58.6%, up from 49.1% in the previous quarter.
Bear case
  • Impinj has a high debt-to-equity ratio of 115.14, indicating potential financial risk.
  • The company reported a net income loss of $25.261 million in Q1 2026.
  • Operating margin was negative at -20.43% in Q1 2026, reflecting ongoing profitability challenges.

Fundamentals

Market cap$5.61BEnterprise value$5.74BTrailing P/E—Forward P/E65.44
PEG—Price / book24.20Beta1.94Dividend yield0.00%
Revenue growth10.7%Earnings growth0.0%Gross margin52.9%Operating margin9.7%
Profit margin-7.3%ROE-12.9%ROA-0.8%Debt / equity1.15
Current ratio3.28Free cash flow$56.19MAnalyst recommendationbuyMean target$180.89
52w high$247.0652w low$87.36

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$108M$74.3M$92.8M$96.1M$97.9M—
Op margin9.7%-20.4%-2.9%0.7%11.1%—
Net income$12.2M-$25.3M-$1.1M-$12.8M$11.6M—
Gross margin58.6%49.1%51.8%50.3%57.8%—
Gross profit$63.5M$36.5M$48.1M$48.3M$56.6M—
Operating income$10.5M-$15.2M-$2.7M$0.7M$10.9M—
  • Revenue +46% vs prior quarter ($108M vs $74M).
  • Gross margin 58.6% (was 49.1% prior quarter).
  • Operating margin expanded to 9.7%.

Yearly (6y)

2025202420232022
Revenue$361M$366M$308M$258M
Op margin-0.2%-1.4%-14.1%-7.6%
Net income-$10.8M$40.8M-$43.4M-$24.3M
Gross margin52.5%51.6%49.4%53.5%
Gross profit$190M$189M$152M$138M
Operating income-$0.7M-$5.3M-$43.5M-$19.6M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

PI · daily+0.9% over 13 sessions
Close EMA21 EMA50 EMA200
171.39176.96182.52188.09193.662026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$25M$8M$42M$75M$108M-20%19%59%2025-Q22025-Q32025-Q42026-Q12026-Q2