
Impinj (PI) Stock Forecast & Price Target
Impinj (PI) Analyst Ratings
Bulls say
Impinj is experiencing a short-term headwind due to changes in supplier allocations by their large North American logistics customer as they prepare to deploy a new custom Impinj chip in the second half of 2026, and delays in enterprise customer projects. However, the company's strong position in the market, technology moat, and significant market opportunity make us optimistic about its future growth and profitability. The record endpoint IC bookings and strong order momentum bode well for Impinj's competitive position and we expect to see stronger growth in 2027 as the company sees broader growth in various markets.
Bears say
Impinj is facing short-term inventory and production issues, leading to a negative outlook on the stock. The company's Q1 revenues were flat y/o/y, but NG gross margin declined due to a short-term endpoint IC back-end production issue. Additionally, the company's key logistics customer is transitioning to a PI-supplied ASIC, causing a decrease in inventory and revenue. While management remains optimistic about growth in 2026, uncertainties in the macro environment and potential competition pose risks to the company's success.
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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