Seattle-based Impinj (NASDAQ:
PI) saw its stock fall more than 30% in after-hours trading Thursday as investors reacted to a weak outlook for early 2026.
The RFID technology company reported fourth quarter revenue of $92.8 million, up slightly from a year earlier, and meeting estimates. Earnings per share was $0.50, just missing expectations.
The company’s forecast for Q1 came in well below estimates, projecting revenue of $71 million to $74 million, and earnings per share between $0.08 and $0.13.
In their earnings remarks, Impinj executives pointed to a convergence of short-term headwinds weighing on demand, including retailer inventory reductions, weaker apparel orders, and customer order timing shifts.
The stock might consolidate more to the $66 support before picking liquidity up amidst bearish sentiment. However, with RSI at 30, the stock might flip the coin around since its oversold.
According to 7 analysts, the average rating for PI stock is "Buy." The 12-month stock price target is $176.71, which is an increase of 52.28% from the latest price.
The RFID technology company reported fourth quarter revenue of $92.8 million, up slightly from a year earlier, and meeting estimates. Earnings per share was $0.50, just missing expectations.
The company’s forecast for Q1 came in well below estimates, projecting revenue of $71 million to $74 million, and earnings per share between $0.08 and $0.13.
In their earnings remarks, Impinj executives pointed to a convergence of short-term headwinds weighing on demand, including retailer inventory reductions, weaker apparel orders, and customer order timing shifts.
The stock might consolidate more to the $66 support before picking liquidity up amidst bearish sentiment. However, with RSI at 30, the stock might flip the coin around since its oversold.
According to 7 analysts, the average rating for PI stock is "Buy." The 12-month stock price target is $176.71, which is an increase of 52.28% from the latest price.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
