NASDAQ: PI

Impinj (PI) Stock Analysis & Forecast

Sep 28 close

$176.88−1.40 (−0.8%)

Gekko Brief

AI summary

This week's news around Impinj centers mainly on CFO Cary Baker's sale of 8,892 shares for $1.65 million on September 21, 2026, executed under a Rule 10b5-1 trading plan, alongside a presentation at the Piper Sandler 5th Annual Growth Frontiers Conference. Coverage also notes the stock's 88% climb over the past six months, with some commentary flagging it as overvalued.

Impinj closed at $176.88, down 0.8%, and remains above both its 50-day average of $165.25 and its 200-day average of $143.40, consistent with a broader uptrend that has produced a 79.1% six-month return and a 32.7% three-month return, though the one-year return stands at -0.9%. The GekkoIndex reads 54.6, placing the stock in the Neutral zone. Gekko Fair Value is set at $156.38, putting the current price 13.1% above that level.

Over the next 20 trading days, the next earnings report is scheduled for 28 October 2026 after close, 29 days away, sitting just outside a typical 20-day holding window. The prior quarter showed EPS of $0.44 against an estimate of $0.34, with a 10.9% reaction, and the company has beaten estimates in 5 of its last 8 quarters. Analyst consensus stands at 7 buy and 1 hold among 8 firms, with a consensus target of $180.89. Seasonality data shows a 15.4% average 20-day return across 5 years, with gains in 3 of those years.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Impinj price vs fair value

$176.88$156.38Sep ’25Mar ’26Sep ’26
Close $176.88200-day averageGekko Fair Value $156.38

Impinj quick facts

Market cap
$5.41B
P/E ratio
—
Forward P/E
60.2
EPS, TTM
−$0.90
Revenue, TTM
$371.5M
Profit margin
-7.3%
Dividend yield
—
Beta
1.92
Volume
371,356 avg 410,390
1-year return
−0.9%
Typical daily move
±4.4%
Typical 20-day move
±13.2%
50-day average
$165.25
200-day average
$143.40
Next earnings
Oct 28 after close
Shares outstanding
30.55M
52-week range
$87.36$247.06

Impinj swing-trade checklist

Impinj scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $176.88 is above the 50-day ($165.25) and 200-day ($143.40) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    54.6, Neutral

    Reading 54.6 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    13.1% above

    Price is 13.1% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 29 days

    Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +15.4% on average

    From this point in the calendar, the next 20 trading days averaged +15.4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Impinj stock chart and price history

Impinj closed at $176.88 on Sep 28, 2026, −0.9% over the past year, inside a 52-week range of $87.36 to $247.06.

Close50-day average200-day averageVolume
Impinj share price, past year, with 50-day and 200-day moving averages and volume$100$150$200$250NovDecJan 2026FebMarAprMayJunJulAugSep176.88

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+5.2%
3 months
+32.7%
6 months
+79.1%
1 year
−0.9%
The full PI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open PI in Gekko

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About Impinj

Impinj runs a cloud platform that gives everyday objects a wireless identity and feeds information about them into software used by companies and shoppers. It has built a name around tagging single items with tiny chip-based identifiers, then reading and managing those tags through connected hardware, with applications spanning self-checkout at stores, theft deterrence, and tracking stock down to individual cartons and pallets in a warehouse.

Its product lineup splits into three linked pieces: small chips placed on items to mark them uniquely, hardware such as reader chips, standalone readers, and gateways that power and exchange signals with those chips, and software layered on top that lets partners turn the data into working tools. Rather than reaching end customers directly, Impinj sells through a network of distributors, integrators, resellers, and software partners, with buyers spread across retail, logistics, aviation, automotive, healthcare, manufacturing, sports, food service, data centers, travel, banking, and uniform and linen rental, in markets across the Americas, Asia Pacific, Europe, the Middle East, and Africa.

Founded in 2000 and headquartered in Seattle, Washington, Impinj trades on the NASDAQ under the ticker PI.

Listed
NASDAQ
Sector
Electronic technology
Industry
Semiconductors
Website
impinj.com

Impinj GekkoIndex: the smart money zone

Impinj’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 54.6, in the Neutral zone, up 2.7 points over five sessions.

010054.6Neutral

Up 2.7 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying35+1.0%+0.9%−1.5%−8.3%
Accumulation212−1.0%−1.3%+0.5%+5.8%
Neutral (current zone)343+2.4%+4.4%+7.2%+13.5%
Distribution70−0.7%−0.5%−0.4%+0.6%
Selling12+3.9%+5.1%+8.2%+23.1%

Average PI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the PI price, zone by zone.Track PI in Gekko

Is Impinj stock overvalued? Gekko Fair Value

Impinj trades 13.1% above Gekko Fair Value of $156.38, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Impinj shares are worth, recalculated every trading day.

$156.38

Gekko Fair Value, Sep 26, 2026

13.1% Overvalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open PI in Gekko

Impinj insider and Congress trading

No open-market insider purchases were filed for Impinj, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for PI in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every PI insider filing, plotted on the chart in Gekko.Open PI in Gekko

Congress trades last 90 days

No trades in PI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for PI, plotted on the chart in Gekko.Open PI in Gekko

Buybacks

Impinj has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$216K
As a share of market cap
0.00%

From company filings.

Hedge funds and billionaires quarter ended Mar 31

1of the funds Gekko tracks holds PI.

0added0opened1trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

Impinj earnings: next date and track record

Impinj reports on Oct 28, 2026, after the close (29 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±18.1%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−14.0%Oct ’24−14.8%Feb ’25+20.8%Apr ’25+25.9%Jul ’25−12.6%Oct ’25−23.8%Feb ’26+22.0%Apr ’26+10.9%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Impinj reported a strong Q2 2026 with record revenue ($108.4M), record endpoint IC revenue ($96.4M), record gross margin (60.9%) and all-time high endpoint IC bookings driven by retail apparel, general merchandise, supply chain & logistics and emerging food pilots. Management emphasized accelerating demand, successful custom ASIC ramp for a large North American supply-chain customer, stronger-than-expected reader IC demand, and healthy wafer supply. They highlighted solutions efforts (Gen2X, ML/software) and the large long-term potential in food, OTC/pharma, health & beauty, and digital/product passport (DPP) initiatives. CFO noted product gross margin improvements driven by M800 mix and licensing; operating expenses were largely in-line. Management noted improved visibility into channel inventory due to a custom ASIC and expects sequential revenue and product gross margin improvement in Q3. The call ended with upbeat prepared remarks and confident answers in Q&A, while acknowledging prior channel visibility issues and that larger pilots (e.g., food, DPP) are still early and timing uncertain.
Guidance
Third quarter outlook: management expects accelerating demand and sequential product revenue growth, with endpoint IC product revenue to increase sequentially above the high end of typical seasonal growth; reader ICs expected to be the fastest-growing product line in Q3; systems revenue expected to increase strongly sequentially. Product gross margin expected to increase sequentially in Q3 (CFO noted roughly similar ~120 bps QoQ product gross margin improvement as seen in Q2). No full-year or multi-year numeric guidance provided.
Risks flagged
Channel inventory visibility risks (past Q1 missteps related to inventory held by inlay partners), customer concentration/reliance on a few large enterprise customers, dependency on inlay partners and foundry supply, competitive threats from new competitor endpoint ICs (new product introduced), timing/uncertainty around conversion of pilots (food, DPP) to large-scale deployments, potential tariff impacts (noted but current impact limited).
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.44
est $0.34
+29.4%$108.4M
est $104.6M
+3.6%+10.9%
Apr 29, 2026$0.14
est $0.15
−6.9%$74.25M
est $72.53M
+2.4%+22.0%
Feb 5, 2026$0.50
est $0.50
−0.5%$92.85M
est $92.32M
+0.6%−23.8%
Oct 29, 2025$0.58
est $0.51
+13.7%$96.06M
est $91.87M
+4.6%−12.6%
Jul 30, 2025$0.80
est $0.71
+12.7%$97.89M
est $92.45M
+5.9%+25.9%
Apr 23, 2025$0.21
est $0.09
+133.3%$74.28M
est $92.34M
−19.6%+20.8%
Feb 5, 2025$0.48
est $0.48
0.0%$91.57M
est $93.01M
−1.5%−14.8%
Oct 23, 2024$0.56
est $0.48
+16.7%$95.20M
est $92.75M
+2.6%−14.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Impinj stock forecast and analyst price targets

Analysts’ average 12-month price target for Impinj is $180.89, +2.3% from the last close, from 8 firms rating the stock in the last 90 days.

$180.89consensus 12-month target, +2.3% from the last close
Low $144High $220
Buy7
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 2BMO CapitalBuy, reiterated$220+24.4%
Aug 20BMO CapitalBuy, initiated$220+24.4%
Aug 4BarclaysBuy, maintained$176−0.5%
Jul 30Evercore ISIHold, maintained$144−18.6%
Jul 30Roth MKMBuy, maintained$180+1.8%
+7.2%average 20-day move after past Neutral readings
+15.4%average move over the next 20 trading days in the last 5 years
±4.4%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Impinj seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Impinj averaged +15.4% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−1.9%2021+40.6%2022+12.0%2023−5.0%2024+32.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.7%3 of 5
Next 10 trading days+0.9%2 of 5
Next 15 trading days+0.8%3 of 5
Next 20 trading days+15.4%3 of 5
Next 30 trading days+16.0%3 of 5

For scale, PI’s typical 20-trading-day move in either direction is about 13.2%.

Impinj market cap and key statistics

Impinj’s market cap is $5.41B and revenue of $371.5M over the last twelve months.

Valuation

Market cap
$5.41B
Forward P/E
60.2
EPS, TTM
−$0.90
Gekko Fair Value
$156.38

Trading

Volume
371,356
Avg volume, 20 days
410,390
52-week high
$247.06
52-week low
$87.36
Shares outstanding
30.55M

Financials

Revenue, TTM
$371.5M
Profit margin
-7.3%
Return on equity
-12.9%
Quarterly earnings growth, YoY
0.0%

Risk and income

Beta
1.92
Typical daily move
±4.4%
Typical 20-day move
±13.2%

Impinj stock news this week

Coverage of Impinj this week reads negative: 0 positive, 2 neutral and 2 negative headlines.

News sentiment negative

Impinj peers

Impinj’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NVDANVIDIA−0.4%Neutral13.2% below
AVGOBroadcom−0.9%Accumulation2.3% below
MUMicron Technology−2.0%Neutral4.7% above
AMDAdvanced Micro Devices−2.7%Neutral19.9% above
INTCIntel−3.8%Neutral19.1% above
TXNTexas Instruments+0.3%Neutral7.4% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Impinj stock FAQ

What is Impinj’s market cap?

Impinj’s market cap is $5.41B at the Sep 28, 2026 close of $176.88, with 30.55M shares outstanding.

What is the Impinj stock forecast?

The consensus analyst 12-month price target for Impinj is $180.89, +2.3% from the last close. Of the 8 firms that rated the stock in the last 90 days, 7 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Impinj stock overvalued or undervalued?

On Gekko’s estimate Impinj is overvalued: the Sep 28, 2026 close of $176.88 is 13.1% above Gekko Fair Value of $156.38. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Impinj report earnings next?

Impinj is expected to report on Oct 28, 2026, after the market closes (29 days away). Analysts expect earnings of $0.61 per share on revenue of $107.4M. Impinj beat the earnings estimate in 5 of its last 8 reports, moving 18.1% on average across the report.

What is Impinj’s 52-week high and low?

Impinj’s 52-week high is $247.06 and its 52-week low is $87.36; it closed at $176.88 on Sep 28, 2026, −0.9% over the past year.

Is Impinj stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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