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Impinj, Inc. (PI) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5High Confidence

Technology · Semiconductors

Sell if holding. Engine safety override at $137.18: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: High short interest: 15%; Below-average business quality; Negative price momentum.

Impinj designs and sells a RAIN RFID platform spanning endpoint ICs, reader ICs, readers/gateways, tag production systems, and software for item-to-cloud connectivity across retail, supply chain, healthcare, and other industries. Revenue is concentrated in a small number of... Read more

$137.18+11.0% A.UpsideScore 3.5/10#44 of 45 Semiconductors
QualityF-score5 / 9FCF yield1.37%
Stop $127.58Target $152.25(analyst − 13%)A.R:R 0.7:1
Analyst target$175.00+27.6%8 analysts
$152.25our TP
$137.18price
$175.00mean
$200

Sell if holding. Engine safety override at $137.18: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: High short interest: 15%; Below-average business quality; Negative price momentum. Chart setup: RSI 42 mid-range, Bollinger mid-band. Score 3.5/10, high confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 70d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Recent Developments — Impinj, Inc.

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: Customer A (34.0%)
Concentration risk — Supplier: TSMC
Quality below floor (3.0 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)47.1
Mkt Cap$4.0B
EV/EBITDA462.6
Profit Mgn-7.7%
ROE-15.2%
Rev Growth0.0%
Beta1.93
DividendNone
Rating analysts16

Quality Signals

Piotroski F5/9

Options Flow

P/C1.10bearish
IV76%elevated
Max Pain$60-56.3% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomerCustomer A34%
    10-K Item 1: 'Customer A | | | 34 | %'
  • MEDIUMCustomerCustomer B15%
    10-K Item 1: 'Customer B | | | 15'
  • MEDIUMCustomerCustomer C12%
    10-K Item 1: 'Customer C | | | 12'
  • HIGHSupplierTSMC
    10-K Item 1: 'Taiwan Semiconductor Manufacturing Company Limited, or TSMC, manufactures our endpoint IC wafers primarily in Taiwan and has been our supplier since 2003.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
1.9
Ma Position
4.2
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA but MA still rising (+1.0%/30d) — pullback in uptrend, not confirmed weakness

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
2.5
Low model confidence on this dimension (33%).

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.4
Value Rank
4.4
Growth Rank
5.0

Unprofitable operations — net margin -7.7%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Operating Margin
0.0
Net Margin
0.0
Moat
4.0
Current Ratio
5.0
Piotroski F
5.6
Fcf Quality
6.0
Gross Margin
6.5
FCF-positive but moderate margins (FCF margin 15%, FCF yield 1.4%)No competitive moat
GatesMomentum 2.3<4.5A.R:R 0.7 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 70d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
42 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $110.20Resistance $163.40

Price Targets

$128
$152
A.Upside+11.0%
A.R:R0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.0 < 4.0)
! Momentum score 2.3/10 — below 4.5 minimum
! Reward/Risk 0.7:1 at current price — below 1.5:1 minimum

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-29 (70d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PI stock a buy right now?

Sell if holding. Engine safety override at $137.18: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 3.5/10. Specifically: High short interest: 15%; Below-average business quality; Negative price momentum. Chart setup: RSI 42 mid-range, Bollinger mid-band. Prior stop was $127.58. Score 3.5/10, high confidence.

What is the PI stock price target?

Take-profit target: $152.25 (+11.0% upside). Prior stop was $127.58. Stop-loss: $127.58.

What are the risks of investing in PI?

Concentration risk — Customer: Customer A (34.0%); Concentration risk — Supplier: TSMC; Quality below floor (3.0 < 4.0).

Is PI overvalued or undervalued?

Impinj, Inc. trades at a P/E of N/A (forward 47.1). TrendMatrix value score: 4.7/10. Verdict: Sell.

What do analysts say about PI?

16 analysts cover PI with a consensus score of 4.1/5. Average price target: $175.

What does Impinj, Inc. do?Impinj designs and sells a RAIN RFID platform spanning endpoint ICs, reader ICs, readers/gateways, tag production...

Impinj designs and sells a RAIN RFID platform spanning endpoint ICs, reader ICs, readers/gateways, tag production systems, and software for item-to-cloud connectivity across retail, supply chain, healthcare, and other industries. Revenue is concentrated in a small number of large OEM and distribution customers; TSMC manufactures all wafers for both endpoint ICs and reader ICs.

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