Impinj Future Growth
Future criteria checks 5/6
Impinj is forecast to grow earnings and revenue by 99.5% and 17.8% per annum respectively. EPS is expected to grow by 97.7% per annum. Return on equity is forecast to be 27.7% in 3 years.
Key information
99.5%
Earnings growth rate
97.67%
EPS growth rate
| Semiconductor earnings growth | 26.0% |
| Revenue growth rate | 17.8% |
| Future return on equity | 27.68% |
| Analyst coverage | Good |
| Last updated | 30 Apr 2026 |
Recent future growth updates
Recent updates
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.
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.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).
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).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.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.Impinj: Why Lower Growth Could Continue To Linger For A While
Feb 15PI: 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).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.What Impinj, Inc.'s (NASDAQ:PI) 33% Share Price Gain Is Not Telling You
Jan 09
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).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.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).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.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.There's Reason For Concern Over Impinj, Inc.'s (NASDAQ:PI) Massive 34% Price Jump
Oct 30Analysts 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.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.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.Impinj, Inc. (NASDAQ:PI) Shares Could Be 30% Above Their Intrinsic Value Estimate
Jul 24Is Now The Time To Look At Buying Impinj, Inc. (NASDAQ:PI)?
Jun 18Revenues Not Telling The Story For Impinj, Inc. (NASDAQ:PI) After Shares Rise 35%
May 04Here's Why Impinj (NASDAQ:PI) Can Afford Some Debt
Apr 25Impinj: Supply Chain Drama May Just Be Starting
Apr 24Impinj: Catalyzing Growth While Navigating Legal Challenges
Mar 31Some Impinj, Inc. (NASDAQ:PI) Shareholders Look For Exit As Shares Take 27% Pounding
Mar 07Need To Know: Analysts Just Made A Substantial Cut To Their Impinj, Inc. (NASDAQ:PI) Estimates
Feb 10Impinj, Inc.'s (NASDAQ:PI) Shareholders Might Be Looking For Exit
Jan 21Here's Why Impinj (NASDAQ:PI) Can Afford Some Debt
Nov 15Calculating The Fair Value Of Impinj, Inc. (NASDAQ:PI)
Oct 25What Impinj, Inc.'s (NASDAQ:PI) 28% Share Price Gain Is Not Telling You
Sep 20
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.Impinj: A New Growth Cycle
Aug 08We Think Impinj's (NASDAQ:PI) Healthy Earnings Might Be Conservative
Aug 01Impinj Q2 Earnings: Riding A Pricey Wave
Jul 25There's Reason For Concern Over Impinj, Inc.'s (NASDAQ:PI) Price
Jul 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 599 | 72 | 198 | 91 | 3 |
| 12/31/2027 | 461 | 27 | 65 | 57 | 7 |
| 12/31/2026 | 373 | -21 | 37 | 58 | 7 |
| 3/31/2026 | 361 | -28 | 61 | 74 | N/A |
| 12/31/2025 | 361 | -11 | 46 | 59 | N/A |
| 9/30/2025 | 360 | -12 | 41 | 56 | N/A |
| 6/30/2025 | 359 | 1 | 27 | 45 | N/A |
| 3/31/2025 | 364 | -1 | 44 | 57 | N/A |
| 12/31/2024 | 366 | 41 | 111 | 128 | N/A |
| 9/30/2024 | 345 | 28 | 102 | 117 | N/A |
| 6/30/2024 | 315 | 12 | 92 | 105 | N/A |
| 3/31/2024 | 298 | -6 | 20 | 37 | N/A |
| 12/31/2023 | 308 | -43 | -68 | -49 | N/A |
| 9/30/2023 | 313 | -28 | -79 | -57 | N/A |
| 6/30/2023 | 317 | -15 | -63 | -41 | N/A |
| 3/31/2023 | 291 | -18 | -28 | -11 | N/A |
| 12/31/2022 | 258 | -24 | -11 | 1 | N/A |
| 9/30/2022 | 234 | -44 | -5 | 3 | N/A |
| 6/30/2022 | 211 | -55 | -18 | -6 | N/A |
| 3/31/2022 | 198 | -52 | -33 | -18 | N/A |
| 12/31/2021 | 190 | -51 | -10 | 6 | N/A |
| 9/30/2021 | 174 | -47 | -8 | 7 | N/A |
| 6/30/2021 | 157 | -48 | -24 | -15 | N/A |
| 3/31/2021 | 136 | -57 | -16 | -9 | N/A |
| 12/31/2020 | 139 | -52 | -20 | -17 | N/A |
| 9/30/2020 | 143 | -44 | -13 | -9 | N/A |
| 6/30/2020 | 156 | -34 | 3 | 6 | N/A |
| 3/31/2020 | 168 | -20 | 4 | 7 | N/A |
| 12/31/2019 | 153 | -23 | N/A | 5 | N/A |
| 9/30/2019 | 147 | -21 | N/A | 5 | N/A |
| 6/30/2019 | 140 | -24 | N/A | 6 | N/A |
| 3/31/2019 | 131 | -28 | N/A | -1 | N/A |
| 12/31/2018 | 123 | -35 | N/A | -12 | N/A |
| 9/30/2018 | 115 | -39 | N/A | -20 | N/A |
| 6/30/2018 | 113 | -36 | N/A | -29 | N/A |
| 3/31/2018 | 119 | -30 | N/A | -31 | N/A |
| 12/31/2017 | 125 | -17 | N/A | -36 | N/A |
| 9/30/2017 | 132 | -8 | N/A | -33 | N/A |
| 6/30/2017 | 131 | -3 | N/A | -26 | N/A |
| 3/31/2017 | 122 | -5 | N/A | -24 | N/A |
| 12/31/2016 | 112 | -8 | N/A | -9 | N/A |
| 9/30/2016 | 101 | -10 | N/A | -7 | N/A |
| 6/30/2016 | 91 | -13 | N/A | 1 | N/A |
| 3/31/2016 | 84 | -12 | N/A | 3 | N/A |
| 12/31/2015 | 78 | -10 | N/A | 3 | N/A |
| 9/30/2015 | 71 | -12 | N/A | -1 | N/A |
| 6/30/2015 | 68 | -9 | N/A | -5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.5%).
Earnings vs Market: PI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PI is expected to become profitable in the next 3 years.
Revenue vs Market: PI's revenue (17.8% per year) is forecast to grow faster than the US market (11.2% per year).
High Growth Revenue: PI's revenue (17.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PI's Return on Equity is forecast to be high in 3 years time (27.7%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/06 01:27 |
| End of Day Share Price | 2026/05/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Guy Hardwick | Barclays |
| Thomas Walkley | Canaccord Genuity |
| Troy Jensen | Cantor Fitzgerald & Co. |