Needham & Company LLC Cuts Impinj (NASDAQ:PI) Price Target to $175.00

Impinj (NASDAQ:PI) had its price objective trimmed by Needham & Company LLC from $255.00 to $175.00 in a report published on Friday, Marketbeat reports. The firm currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Weiss Ratings restated a “sell (d)” rating on shares of Impinj in a research note on Thursday, January 22nd. Wall Street Zen lowered Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Cantor Fitzgerald raised their price target on Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Roth Mkm set a $220.00 price objective on shares of Impinj in a research report on Friday. Finally, Evercore reissued an “in-line” rating and issued a $112.00 target price (down from $273.00) on shares of Impinj in a report on Friday. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $166.56.

Impinj Price Performance

Shares of Impinj stock opened at $116.04 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.68 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of -297.53 and a beta of 1.57. Impinj has a twelve month low of $60.85 and a twelve month high of $247.06. The company has a 50-day simple moving average of $167.15 and a two-hundred day simple moving average of $174.26.

Impinj (NASDAQ:PI) last announced its earnings results on Thursday, February 5th. The company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. Impinj had a negative net margin of 3.00% and a positive return on equity of 8.49%. The company had revenue of $92.85 million for the quarter, compared to analysts’ expectations of $91.87 million. During the same period last year, the firm earned $0.48 earnings per share. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Impinj has set its Q1 2026 guidance at 0.080-0.130 EPS. Analysts forecast that Impinj will post -0.47 EPS for the current year.

Insider Activity

In related news, insider Sylebra Capital Llc sold 134,629 shares of Impinj stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $150.36, for a total value of $20,242,816.44. Following the sale, the insider owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. The trade was a 10.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 666,192 shares of company stock worth $105,288,457. Company insiders own 51.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. DLD Asset Management LP bought a new stake in Impinj during the 2nd quarter valued at $1,332,840,000. Vanguard Group Inc. grew its position in shares of Impinj by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 3,465,949 shares of the company’s stock valued at $603,110,000 after purchasing an additional 85,882 shares in the last quarter. State Street Corp raised its stake in shares of Impinj by 1.4% during the 2nd quarter. State Street Corp now owns 1,215,065 shares of the company’s stock valued at $134,957,000 after purchasing an additional 16,337 shares during the period. Invesco Ltd. lifted its holdings in Impinj by 48.3% during the 3rd quarter. Invesco Ltd. now owns 1,209,292 shares of the company’s stock worth $218,580,000 after purchasing an additional 393,685 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC boosted its stake in Impinj by 1.1% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 740,081 shares of the company’s stock worth $82,201,000 after purchasing an additional 8,126 shares during the period.

More Impinj News

Here are the key news stories impacting Impinj this week:

• Positive Sentiment: Q4 results were roughly in line: GAAP EPS of $0.50 matched consensus and revenue of ~$92.9M slightly beat estimates — evidence the core business remains profitable and growing modestly. Impinj Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Analysts still see upside despite cuts: Needham kept a buy rating (PT lowered to $175) and Piper Sandler maintained a mixed rating (PT lowered to $180), indicating some investors/analysts view the pullback as a buying opportunity. Needham price target note
• Neutral Sentiment: Longer‑term demand drivers remain: analysts and company commentary point to ongoing retail RFID mandates and secular adoption that support multi‑year growth, but these are balanced by short‑term execution risks. Retail mandates fuel RFID push
• Negative Sentiment: Q1 2026 revenue guidance came in at $71M–$74M versus Street estimates near $89.7M — a big short‑term miss that is the primary driver of the selloff. Impinj outlines Q1 2026 revenue target
• Negative Sentiment: Management flagged an inventory transition and the rollout of custom chips that will depress near‑term shipments and cash flow (inventory “burn” and muted guidance highlighted in analyst/deep‑dive pieces). PI Q4 Deep Dive: Inventory Burn, Custom Chips, and Muted Guidance
• Negative Sentiment: Immediate market reaction was severe: multiple outlets report a sharp intraday drop and elevated volume as investors reprice the company around the weaker near‑term outlook; several firms cut price targets. Impinj Stock Falls on 4Q Earnings Miss

About Impinj

Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.

Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).