
Impinj (PI) Stock Forecast & Price Target
Impinj (PI) Analyst Ratings
Bulls say
Impinj Inc has demonstrated robust performance with a notable improvement in endpoint integrated circuit (IC) sales, driven primarily by increased demand within the supply chain and logistics sectors. The systems revenue, accounting for 18% of total Q3 revenue, exhibited a year-over-year growth of 21% and a quarter-over-quarter increase of 30%, reaching $17.3 million, which surpassed market expectations. Moreover, the company's guidance indicating a sequential increase of approximately 100 basis points in endpoint product gross margin for Q4 highlights the favorable margin dynamics and strong demand trends, particularly for the M800 IC family.
Bears say
Impinj Inc reported a 7% year-over-year decline in Endpoint IC revenue, which constitutes 82% of its Q3 revenue, amounting to $78.8 million, alongside a 2% quarter-over-quarter decrease. The company anticipates a sequential decline in Endpoint IC sales and Systems revenue for Q4, attributing this to project timing and the exceptionally strong performance in Q3. Furthermore, revised operating expense assumptions have led to a reduction in earnings per share estimates for 2026 and 2027, signaling a potential worsening financial outlook.
This aggregate rating is based on analysts' research of Impinj and is not a guaranteed prediction by Public.com or investment advice.
Impinj (PI) Analyst Forecast & Price Prediction
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