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PI

Impinj, Inc.

PI

NASDAQ·Technology·Semiconductors·Mkt cap $5.3B

$172.37

-1.56%

P/E

-189.88

Mkt Cap

$5.3B

52-Wk Range

$0.07–$178.52

52-Week Range

$0.07 - $178.52

P/E

-189.88

Fwd P/E

82.38

Beta

1.91

Div Yield

0.00%

Avg Vol

457.1K

Shares Out

30.2M

Mkt Cap

$5.3B

Price action

Price chart

Down 9.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary RFID chip and reader technology with established market leadership
  • Integrated cloud platform enabling real-time item tracking and data analytics
  • Extensive ecosystem of system integrators and software partners driving adoption
  • Deep domain expertise across retail, supply chain, healthcare, and industrial verticals

Bear Case

2 risks

  • Above-average volatility (beta 1.9).
  • Extreme premium - high expectations embedded

Growth

Turning profitable

Increasing enterprise demand for supply chain visibility and IoT connectivity

Value

Extreme premium - high expectations embedded

Momentum

Hot

+42.5% over 3m

Quality

Strong

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 28, 2026

Q3 26 RECAP

JUL 29, 2026

Reported EPS of $0.86 vs $0.80 consensus (+8.2% surprise). Revenue of $108.4M vs $104.6M expected (+3.6%). Beat on both top and bottom lines.

EPS beat +8.2%
Rev beat +3.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+8.2%

Revenue trend · last 8Q

+30%

-3%

-4%

+1%

+1%

-0%

+11%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$95.2M

$91.6M

$74.3M

$97.9M

$96.1M

$92.8M

$74.3M

$108.4M

Margins · last 8Q

Gross

58.6%

Operating

9.7%

Profit

11.3%

Wall Street consensus

7 analysts · 71% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

71%

Hold

2

29%

Sell

0%

Median Price Target

Latest: BMO Capital · Aug 20, 2026

vs Industry

How PI stacks vs Semiconductors

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.