Barclays has initiated coverage on Impinj Inc (PI) with an Overweight rating, marking the firm's first assessment of the company. This decision reflects Barclays' analysis of Impinj's business, industry dynamics, and growth prospects within the semiconductor sector.
Impinj, headquartered in Seattle, Washington, specializes in designing, selling, and licensing RAIN RFID technology. The firm helps businesses wirelessly connect everyday items—such as apparel and automotive parts—to the Internet, facilitating a boundless Internet of Things. With a current market capitalization of $4.6 billion, Impinj reported a TTM EPS of -0.44.
Looking ahead, the company is set to report its next earnings on July 28, 2026, with an estimated EPS of $1.02 and revenue of $121.8 million. Recent earnings performance has shown positive surprises, including a Q3 2025 EPS of $0.58, exceeding estimates by 13.4%.
Analyst ratings and price targets serve as professional opinions grounded in research and financial modeling. While they can offer valuable insights, these assessments are based on assumptions that may not always materialize. Investors are encouraged to consider a range of factors, including company fundamentals and industry trends, alongside analyst views when making decisions.
As of November 1, 2025, the analyst consensus for Impinj is a Buy, with 4 Strong Buy, 11 Buy, and 1 Hold ratings among 16 analysts. Recent analyst actions reflect a generally positive outlook for the company, underscoring the potential for growth in the semiconductor market.