Skip to main content
PIImpinj, Inc.Sell4.0·$136.88+3.10%
Open full analysis

Impinj, Inc. (PI) Stock Analysis

SellHigh Confidence

Technology · Semiconductors

Sell if holding. Engine safety override at $136.88: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 16%; 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

$136.88+11.9% A.UpsideScore 4.0/10#44 of 45 Semiconductors
QualityF-score5 / 9FCF yield1.37%
Stop $126.50Target $152.25(analyst − 13%)A.R:R 0.9:1
Analyst target$175.00+27.8%8 analysts
$152.25our TP
$136.88price
$175.00mean
$200

Sell if holding. Engine safety override at $136.88: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.0/10, high confidence.

Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 44d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-15

Recent Developments — Impinj, Inc.

Generated 2026-06-15T14:46:56Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 202644d to earnings· next earnings call

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/EBITDA462.7
Profit Mgn-7.7%
ROE-15.2%
Rev Growth0.0%
Beta1.92
DividendNone
Rating analysts16

Quality Signals

Piotroski F5/9

Options Flow

P/C0.50bullish
IV106%elevated
Max Pain$60-56.2% 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.

Show full disclosure ▾

About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers

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
4.7
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

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

Macd
0.0
Volume
0.0
Rsi
3.5
Ma Position
3.5
Obv
10.0
Volume accumulation (rising OBV)Below 200-MA, MA slope flat
GatesMomentum 3.4<4.5A.R:R 0.9 < 1.5@spotDeath cross (50MA < 200MA)Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 44d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
33 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $117.11Resistance $163.40

Price Targets

$127
$152
A.Upside+11.2%
A.R:R0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (3.0 < 4.0)
! momentum at 3.4 (below the engine's 4.5 threshold)
! asymmetry at 0.9 (below the engine's 1.5 threshold)@spot

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-29 (44d)

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 $136.88: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $126.50. Score 4.0/10, high confidence.

What is the PI stock price target?

Take-profit target: $152.25 (+11.9% upside). Prior stop was $126.50. Stop-loss: $126.50.

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.

Related stocks: SIMO (Silicon Motion Technology Corpo) · SKYT (SkyWater Technology, Inc.) · DIOD (Diodes Incorporated) · SITM (SiTime Corporation) · CRUS (Cirrus Logic, Inc.)
Home Stocks PI

Latest news

Latest News

Benzinga23d ago
Benzinga45d agoAnalyst
Benzinga46d agoAnalyst
Benzinga46d agoAnalyst
Benzinga46d agoEarnings
Benzinga46d agoAnalyst
Benzinga46d ago
Benzinga47d ago
Benzinga47d ago
Benzinga47d agoEarnings
Benzinga47d ago
Benzinga47d agoEarnings