Impinj, Inc. (NASDAQ:PI) is one of the overlooked tech stocks to invest in. Barclays Sees “Potentially Huge Opportunity” for Impinj (PI), Cites Growing Momentum in Grocery Deployments A technician installing a barcode printer at a point of sale system in a retail store. Impinj, Inc. (NASDAQ:PI) had its price target raised from $200 to $211 by Barclays on November 5, while maintaining its “Overweight” rating. With grocery deployments gaining momentum, the investment firm cited the company’s “potentially ...

Impinj (PI) has been beaten down lately with too much selling pressure. While the stock has lost 28.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price move ...

Impinj FY Conference Summary Company Overview - Impinj is a leading developer and enabler of RAIN RFID technology, providing item-level visibility and real-time information to businesses about the items they create, manage, transport, and sell [1][4] Financial Performance - Strong Q3 results with record endpoint IC volumes and a 30% quarter-over-quarter increase in systems business revenue [4][12] - Operating margin reached 19.8%, a record on a product revenue basis excluding license revenue [4] - Anticipated gross margin increase of over 100 basis points sequentially in Q4, driven by the M800 as the volume runner [4][36] Seasonal Trends - Retail apparel, the largest vertical, accounts for over 60% of IC shipments, with typical Q4 revenue down 5%-10% sequentially [6][12] - Endpoint IC volumes are expected to rise in Q1, but annual average selling prices (ASPs) typically decline by low to mid-single digits [6][7] Project Dynamics - Customer timing influenced project flows, with strong Q3 performance leading to a slight decline in Q4 systems revenue due to project phasing [10][12] - Logistics sector showed strength, with large systems deployments benefiting future endpoint IC volumes [14] Food Market Opportunity - Significant growth potential in the food sector, with Kroger and Walmart leading deployments in bakery and proteins [15][19] - Food market is larger than apparel, general merchandise, and logistics combined, with strong activity in the pipeline [19][20] Technology and Product Development - M800 and Gen2X technology expected to enhance performance in challenging categories like food, improving read range and efficiency [26][30] - Gen2X features allow for increased read speed and range, providing a competitive advantage [30][32] Market Penetration and Growth - Retail apparel market penetration is approximately 40% by volume, with over 90% by brand [38] - Logistics sector is actively pursuing 100% tagging, with complex deployments requiring time [42] - General merchandise rollout by Walmart is ongoing, with additional phases expected [44] Challenges and Opportunities - Smaller retailers may face distinct challenges in adopting RFID compared to larger players like Walmart [46] - Impinj is exploring AI for product enhancement rather than operational efficiency [49] Future Investments - Planned investments in software and cloud solutions to facilitate easier deployments and better device management [51] - Focus on expanding partner networks and simplifying product usability to drive adoption [53] Competitive Positioning - Impinj is recognized as an innovator in the RFID market, offering the most performant and cost-effective ICs [54]

Group 1 - eBay Inc reported a significant increase in revenue, driven by strong demand in the e-commerce sector, with a year-over-year growth of 12% [1] - Impinj Inc has shown promising growth in its RFID technology segment, with a 15% increase in sales compared to the previous quarter, indicating a robust market demand [1] - Allegro Microsystems Inc has expanded its market share in the semiconductor industry, achieving a 10% rise in revenue, attributed to increased adoption of electric vehicles [1] Group 2 - The overall market analysis indicates a positive trend in the technology and e-commerce sectors, with companies leveraging innovative solutions to capture consumer interest [1] - The semiconductor industry is experiencing a surge in demand, particularly from the automotive sector, which is driving growth for companies like Allegro Microsystems [1] - The report highlights the importance of adapting to market changes and consumer preferences, as companies that innovate are likely to outperform their competitors [1]

Core Insights - Impinj, Inc. will participate in upcoming investor conferences, highlighting its engagement with the investment community [1][3]. Company Overview - Impinj is a leading provider of RAIN RFID technology and a pioneer in the Internet of Things (IoT), connecting billions of everyday items to the Internet [2]. Upcoming Events - Impinj's CFO, Cary Baker, will participate in the Baird 2025 Global Industrial Conference on November 11, 2025, at 11:15 a.m. ET / 8:15 a.m. PT [3]. - Cary Baker will also participate in the UBS Global Technology and AI Conference on December 3, 2025, at 5:35 p.m. ET / 2:35 p.m. PT [3].

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Impinj (PI) - Impinj currently holds a Momentum Style Score of B, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, Impinj shares have increased by 17.08%, significantly outperforming the Zacks Electronics - Semiconductors industry, which rose by 2.52% [6] - In a longer timeframe, Impinj's shares have appreciated by 35.99% over the past month, compared to the industry's 7.32% [6] - Over the last quarter, Impinj shares surged by 51.22%, and over the past year, they gained 26.18%, while the S&P 500 only moved 8.51% and 19.49%, respectively [7] Trading Volume - The average 20-day trading volume for Impinj is 515,783 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for Impinj has increased, raising the consensus estimate from $1.94 to $1.98 for the full year, with no downward revisions [10] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10] Conclusion - Given the strong performance metrics and positive earnings outlook, Impinj is recommended as a solid momentum pick for investors [11]

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Core Insights - Impinj (PI) reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.51 per share, and showing an increase from $0.56 per share a year ago, resulting in an earnings surprise of +13.73% [1] - The company achieved revenues of $96.06 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.29% and showing a slight increase from $95.2 million year-over-year [2] - Impinj shares have increased approximately 62.4% year-to-date, significantly outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The future performance of Impinj's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $91.65 million, and for the current fiscal year, it is $1.98 on revenues of $356.85 million [7] Industry Context - The Electronics - Semiconductors industry, to which Impinj belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]

Financial Data and Key Metrics Changes - Third quarter revenue was $96.1 million, down 2% sequentially from $97.9 million in the second quarter 2025, and up 1% year-over-year from $95.2 million in the third quarter 2024 [13] - Third quarter endpoint IC revenue was $78.8 million, down 7% sequentially from $84.6 million in the second quarter 2025, and down 3% year-over-year from $81 million in the third quarter 2024 [13] - Third quarter systems revenue was $17.3 million, up 30% sequentially from $13.3 million in the second quarter 2025, and up 21% year-over-year from $14.2 million in the third quarter 2024 [13] - Third quarter adjusted EBITDA was $19.1 million, compared to $27.6 million in the second quarter 2025 and $17.3 million in the third quarter 2024 [16] - Third quarter GAAP net loss was $12.8 million, while non-GAAP net income was $17.7 million, or $0.58 per share on a fully diluted basis [16] Business Line Data and Key Metrics Changes - Endpoint IC revenue decreased sequentially but grew 15% when excluding the $16 million second quarter licensing revenue [13] - Systems revenue exceeded expectations, driven by reader strength in supply chain and logistics [14] - Gross margin for the third quarter was 53%, down from 60.4% in the second quarter 2025 but up from 52.4% in the third quarter 2024 [14] Market Data and Key Metrics Changes - Retail volumes grew modestly, influenced by the upcoming holiday season, but with cautious buying patterns from partners and end users [5] - The company expects a modest decline in fourth quarter volumes for both supply chain and logistics and retail endpoint ICs [5] Company Strategy and Development Direction - The company is focusing on expanding its market opportunities in retail, supply chain and logistics, food, and other applications [11] - The introduction of Gen2X is aimed at solving industry challenges and enhancing product offerings, with a focus on customization for various market verticals [10] - The company is aggressively hiring technical and business talent to develop software solutions and capitalize on recurring revenue opportunities [8] Management's Comments on Operating Environment and Future Outlook - Management noted that the current operating environment is dynamic, with adjustments in project timing and delivery requests from partners [20] - The company expects fourth quarter revenue to decline slightly, with guidance between $90 million and $93 million [18] - Management expressed confidence in the long-term growth potential, particularly in the food sector, with expectations for modest volumes in the first half of 2026 and acceleration thereafter [26] Other Important Information - The company issued $190 million of 0% convertible notes while repurchasing $190 million of its 1.125% convertible notes, aimed at reducing interest expense and improving balance sheet flexibility [17] - The company ended the third quarter with cash, cash equivalents, and investments totaling $265.1 million, an increase from $260.5 million in the second quarter 2025 [16] Q&A Session Summary Question: What does the timing mean for Q4 revenue? - Management indicated that Q3 revenue was stronger than anticipated, leading to a natural step down in Q4, with some project timing shifting to the right [20][22] Question: Can you discuss the Walmart announcement? - Management expressed excitement about the Walmart announcement, emphasizing the importance of product freshness and customer experience, with expectations for modest food volumes through the first half of 2026 [25][27] Question: Is there a fundamental problem in tagging produce? - Management clarified that there are no fundamental limits to tagging produce, but challenges exist in the tagging process, which may require innovation in packaging [30] Question: How does Gen2X impact gross margins? - Management stated that Gen2X is expected to help drive adoption of the M800 but does not directly increase gross margins beyond what was already anticipated [51] Question: What are the expectations for operating expenses? - Management expects operating expenses to increase in the fourth quarter, consistent with seasonal patterns, while maintaining fiscal discipline [68]