Impinj Inc (PI) Stock AnalysisPIImpinj Inc

Impinj, Inc. (Impinj) is a RAIN radio frequency identification (RFID) and Internet of things provider. The Company helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. It designs, sells or licenses, including silicon RAIN radios; manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate its solutions know-how. The Company sells two types of silicon integrated circuit (IC), radios. The first are endpoint ICs that store a serialized number to wirelessly identify an item. The second are reader ICs that its partners use in finished readers to wirelessly discover, inventory and engage the endpoint ICs. It operates in the Technology sector (ELECTRONIC COMPONENTS, NEC industry).

Impinj Inc is currently not a strong buy due to its recent price drop to $175.37, a 7.52% decline over the past five days, and an RSI of 34.644 indicating it is oversold. However, the company has shown potential with a gross margin of 58.13% in Q2 2026 and a projected earnings per share of $0.19 for the next earnings report. The main risk is the ongoing insider selling, with Sylebra Capital reducing its stake by 3.63%, which may indicate a lack of confidence in the stock's short-term performance.

7 analysts cover PI: 4 rate it Buy, 3 Hold and 0 Sell. The average price target is 240.50.