Impinj, Inc.

NasdaqGS:PI Stock Report

Market Cap: US$4.6b

Impinj Dividends and Buybacks

Dividend criteria checks 0/6

Impinj does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield-0.1%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update May 28

PI: Margin Outlook And Earnings Guidance Will Support Future Upside

Analysts have maintained their $200.00 price target on Impinj, citing modest adjustments to assumptions, including a slightly higher discount rate, small changes to revenue growth and profit margin expectations, and a stable future P/E outlook that together support keeping the prior valuation view. What's in the News Impinj issued earnings guidance for the quarter ending June 30, 2026, with revenue projected between $103.0 million and $106.0 million (Key Developments).
Narrative Update May 01

PI: Wider Q1 2026 Loss Outlook Will Restrain Longer Term Upside Potential

Analysts now set Impinj's price target at $125.18, up from $117.58, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple in their models. What's in the News Impinj issued new earnings guidance for the first quarter ending March 31, 2026, giving investors a clearer view of near term expectations.
Narrative Update Apr 17

PI: Stable Outlook And Q1 2026 Guidance Will Support Future Demand

Analysts left their $167.00 price target for Impinj unchanged, while making only very small tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions, signaling a steady overall view of the stock’s valuation framework. What's in the News Impinj issued new earnings guidance for the first quarter ending March 31, 2026, giving investors an updated view of expected financial results.
Narrative Update Apr 02

PI: Licensing Deal And Long Term Outlook Will Support Future Demand

Analysts have revised their price target for Impinj to $167, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E that are now set at 167.0, 10.95%, 18.14%, 11.50% and 113.20 respectively. What's in the News Impinj issued earnings guidance for the quarter ending March 31, 2026, with expected revenue between US$71.0 million and US$74.0 million, a GAAP net loss between US$16.6 million and US$15.1 million, and a GAAP diluted net loss per share between US$0.55 and US$0.49 (Key Developments).
Narrative Update Mar 19

PI: Licensing Deal And Margin Outlook Will Support Future Upside

Analysts have adjusted their price target on Impinj to $200 from $220, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E that slightly reshape their valuation outlook. What's in the News Impinj issued earnings guidance for the first quarter ending March 31, 2026, with expected revenue in the range of US$71.0 million to US$74.0 million (Key Developments).
Narrative Update Mar 05

PI: Licensing Deal And Long-Term Margin Outlook Will Drive Future Upside

Analysts have raised their Impinj price target from $145.00 to $220.00. This change reflects updated assumptions around higher modeled revenue growth, a revised discount rate, a slightly different long-run profit margin, and a higher future P/E multiple.
Narrative Update Feb 18

PI: Licensing Progress And Softer Margins Will Shape A Balanced Longer Term Outlook

Analysts have reset their price target framework for Impinj from a fair value estimate of $190.00 to about $117.58, reflecting updated views on revenue growth, profit margins, discount rate, and future P/E assumptions. What's in the News Impinj issued earnings guidance for Q1 2026, calling for revenue between US$71.0 million and US$74.0 million.
Seeking Alpha Feb 15

Impinj: Why Lower Growth Could Continue To Linger For A While

Summary Impinj fell to new lows after the latest report failed to provide the needed boost, but the charts suggest the decline is probably over in the short term. The latest results are not good enough if current valuations are to be justified, which means PI needs growth to accelerate. There are reasons to think growth could remain lower than it needs to be in the next three years, mostly as a result of the overall retail environment. The risk exists for further lows, even if the selloff is likely over in the short term, which is why I am neutral on PI with a hold rating. Read the full article on Seeking Alpha
Narrative Update Feb 04

PI: Gen2X Rollout And Licensing Expansion Will Support A Higher Future Multiple

Analysts have revised their fair value estimate for Impinj to $190.00 from $200.00, reflecting updated assumptions on revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News Impinj announced a licensing agreement with EM Microelectronic to integrate Impinj Gen2X technology into future EM dual frequency endpoint ICs, with commercial availability for these Gen2X enabled ICs expected in 2027 (Key Developments).
Narrative Update Jan 21

PI: Licensing Wins And Gen2X Adoption Will Support A Higher Future Multiple

Analysts have lifted their fair value estimate for Impinj from US$100.00 to US$200.00. They cite updated assumptions that include higher modeled revenue growth, a different discount rate, a lower projected profit margin, and a higher future P/E multiple.
Analysis Article Jan 09

What Impinj, Inc.'s (NASDAQ:PI) 33% Share Price Gain Is Not Telling You

Impinj, Inc. ( NASDAQ:PI ) shareholders would be excited to see that the share price has had a great month, posting a...
Narrative Update Jan 07

PI: Gen2X Rollout And Expanded Office Lease Will Support Future Demand

Analysts have modestly increased their price target on Impinj to US$241.11, citing small adjustments to the discount rate and forward P/E assumptions, while keeping revenue growth and profit margin expectations effectively unchanged. What's in the News Impinj unveiled new Gen2X features at its 2025 Gen2X Solutions Developers Conference, aimed at inhibiting fraudulent items and tags, reducing stray tag reads, and helping readers locate tags of interest in retail and industrial settings (Key Developments).
Narrative Update Dec 22

PI: Extended Office Lease Will Support Future RAIN RFID Ecosystem Demand

Analysts have modestly adjusted their price target on Impinj, keeping fair value effectively unchanged at approximately 241.11 dollars. A slightly higher discount rate and largely intact long term growth and margin assumptions support a stable long term valuation outlook.
Narrative Update Dec 08

PI: Expanded Office Lease Will Support Long-Term RAIN RFID Ecosystem Demand

Analysts have modestly raised their price target on Impinj to approximately 241.11 dollars, citing slightly lower discount rate assumptions that marginally increase the stock's implied fair value. What's in the News Impinj unveiled new Gen2X innovations at its 2025 Gen2X Solutions Developers Conference, introducing capabilities that inhibit counterfeit tags and items, reduce stray tag reads, and help readers focus on tags of interest in retail and industrial environments (Key Developments).
Narrative Update Nov 24

PI: Expanded Lease And Office Space Expected To Fuel Revenue Momentum

Narrative Update on Impinj Price Target Analysts have revised their price target for Impinj downward from $246.25 to $241.11. This change reflects slightly lower expectations for profit margins and higher projected discount rates.
Narrative Update Nov 06

PI: Lease Expansion and Rent Abatement Will Drive Revenue Outlook Higher

Analysts have raised their price target for Impinj from $186 to $246.25 per share, citing a more optimistic outlook for revenue growth. This comes despite a slightly higher discount rate and modest changes in other valuation metrics.
Analysis Article Oct 30

There's Reason For Concern Over Impinj, Inc.'s (NASDAQ:PI) Massive 34% Price Jump

Despite an already strong run, Impinj, Inc. ( NASDAQ:PI ) shares have been powering on, with a gain of 34% in the last...
Narrative Update Oct 22

Analysts Raise Impinj Price Target as Guidance and Valuation Metrics Show Stability

Analysts have slightly raised their price target for Impinj from $184.00 to $186.00. They cite minor adjustments to models that reflect stable revenue growth and profit margins.
Narrative Update Oct 08

RFID Traceability And Supply Chain Solutions Will Build Lasting Momentum

Analysts have raised their price target for Impinj from $175.57 to $184.00. This change reflects updated expectations for the company's future performance.
Narrative Update Aug 27

RFID Traceability And Supply Chain Solutions Will Build Lasting Momentum

Impinj’s consensus price target increased to $175.57 as a modest rise in its future P/E suggests slightly higher growth expectations, driving the fair value revision. What's in the News Impinj expects Q3 2025 revenue between $91.0 million and $94.0 million.
Analysis Article Jul 24

Impinj, Inc. (NASDAQ:PI) Shares Could Be 30% Above Their Intrinsic Value Estimate

Key Insights The projected fair value for Impinj is US$91.11 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jun 18

Is Now The Time To Look At Buying Impinj, Inc. (NASDAQ:PI)?

While Impinj, Inc. ( NASDAQ:PI ) might not have the largest market cap around , it saw a significant share price rise...
Analysis Article May 04

Revenues Not Telling The Story For Impinj, Inc. (NASDAQ:PI) After Shares Rise 35%

Those holding Impinj, Inc. ( NASDAQ:PI ) shares would be relieved that the share price has rebounded 35% in the last...
Analysis Article Apr 25

Here's Why Impinj (NASDAQ:PI) Can Afford Some Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Apr 24

Impinj: Supply Chain Drama May Just Be Starting

Summary Impinj, Inc.'s strong results and guidance caused a 15% share price surge, but I remain cautious due to its 25x forward EBITDA and negative growth rates. Despite being debt-free, Impinj's valuation at 54x next year's EBITDA is unappealing, and I predict a challenging path back to $160 per share. Impinj's revenue growth is volatile and cyclical, with Q2 2025 guidance indicating further negative growth, making its 25x forward EBITDA valuation for PI stock hard to justify. Given macro uncertainty, shifting customer inventory patterns, and choppy top-line trends, I remain neutral on Impinj until I see more stability in its growth and pricing. Read the full article on Seeking Alpha
Seeking Alpha Mar 31

Impinj: Catalyzing Growth While Navigating Legal Challenges

Summary Impinj won its legal battle against NXP but expects future lawsuits to continue draining resources. Revenue is growing, but Impinj remains unprofitable and burdened by heavy convertible debt. Free cash flow improved significantly, but its long-term sustainability remains uncertain. New technologies like item-level food tagging and Gen2X drive margin improvements in 2024. The stock appears overvalued, and investors should wait for a better entry point. Read the full article on Seeking Alpha
Analysis Article Mar 07

Some Impinj, Inc. (NASDAQ:PI) Shareholders Look For Exit As Shares Take 27% Pounding

Unfortunately for some shareholders, the Impinj, Inc. ( NASDAQ:PI ) share price has dived 27% in the last thirty days...
Analysis Article Feb 10

Need To Know: Analysts Just Made A Substantial Cut To Their Impinj, Inc. (NASDAQ:PI) Estimates

The latest analyst coverage could presage a bad day for Impinj, Inc. ( NASDAQ:PI ), with the analysts making...
Analysis Article Jan 21

Impinj, Inc.'s (NASDAQ:PI) Shareholders Might Be Looking For Exit

You may think that with a price-to-sales (or "P/S") ratio of 10.8x Impinj, Inc. ( NASDAQ:PI ) is a stock to avoid...
Analysis Article Nov 15

Here's Why Impinj (NASDAQ:PI) Can Afford Some Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 25

Calculating The Fair Value Of Impinj, Inc. (NASDAQ:PI)

Key Insights Impinj's estimated fair value is US$230 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Sep 20

What Impinj, Inc.'s (NASDAQ:PI) 28% Share Price Gain Is Not Telling You

Impinj, Inc. ( NASDAQ:PI ) shares have continued their recent momentum with a 28% gain in the last month alone. The...
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New Narrative Aug 31

Apparel And Footwear Drive Growth As M800 Chip Sets Stage For Market Domination

Expansion into new applications like food tagging indicates potential for growth by opening new markets and increasing revenue streams.
Seeking Alpha Aug 08

Impinj: A New Growth Cycle

Summary Impinj is expected to experience robust growth over the next few years, with potential gross margin expansion. The company helps clients with asset management using RAIN RFID technology, with APAC being the largest revenue region. Focus on expanding into new markets like food and DPP drives potential long-term growth. Read the full article on Seeking Alpha
Analysis Article Aug 01

We Think Impinj's (NASDAQ:PI) Healthy Earnings Might Be Conservative

The recent earnings posted by Impinj, Inc. ( NASDAQ:PI ) were solid, but the stock didn't move as much as we expected...
Seeking Alpha Jul 25

Impinj Q2 Earnings: Riding A Pricey Wave

Summary Impinj's Q2 2024 results led to a 6% premarket increase in shares, but valuation at 54x next year's EBITDA is concerning. Near-term challenges include winding down prior-generation Indy ICs and slower recovery in the systems business, affecting growth trajectory. Revenue growth rates are volatile, with Q3 guidance lower than expected and stock priced at 54x EBITDA, making it difficult to justify the premium. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if PI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PI's dividend payments have been increasing.


Dividend Yield vs Market

Impinj Dividend Yield vs Market
How does PI dividend yield compare to the market?
SegmentDividend Yield
Company (PI)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Semiconductor)0.5%
Analyst forecast (PI) (up to 3 years)0%

Notable Dividend: Unable to evaluate PI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate PI's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PI has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 05:58
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Impinj, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guy HardwickBarclays
Thomas WalkleyCanaccord Genuity
Troy JensenCantor Fitzgerald & Co.