Is Impinj’s (PI) Expanding AI and RFID Role Shaping Its Long-Term Competitive Edge?

• Impinj announced it will release its third-quarter 2025 financial results after U.S. markets close on October 29, 2025, with a conference call and webcast to discuss the results and the outlook for the next quarter.

• Recent market commentary has emphasized Impinj’s growing influence as an AI and RFID player, highlighting its technology pilots with leading global grocers and renewed attention within the broader semiconductor sector.

• We’ll explore how Impinj’s momentum as a key RFID and AI technology partner shapes its investment narrative and future outlook.

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For an investor to be a shareholder in Impinj today, belief in the company’s ability to accelerate RFID adoption across new sectors, particularly food and logistics, remains central, while also recognizing the current reliance on a handful of large customers and exposure to supply chain risks. The upcoming Q3 2025 results announcement is a milestone, but unless management reveals substantial new full-scale deployments from ongoing pilots, it is unlikely to materially shift the near-term revenue trajectory or address the company’s customer concentration risk in the short term.

A recent announcement confirming multiple large-scale RFID pilots with top global grocers stands out, as impending updates from these projects could determine the pace at which pilot programs turn into broader commercial rollouts, a key catalyst for Impinj’s future revenue growth. Progress on these pilots is particularly relevant given that slow conversion or incremental adoption would impact both revenue growth and risk around customer concentration, even if sector demand remains intact.

Yet, in contrast to the optimism, there’s an important risk investors should keep an eye on: if key grocery or logistics pilot projects fail to convert to full-scale deployments as quickly as anticipated…

Read the full narrative on Impinj (it’s free!)

Impinj’s narrative projects $630.4 million revenue and $91.2 million earnings by 2028. This requires 20.6% yearly revenue growth and an earnings increase of about $90.6 million from current earnings of $633.0 thousand.

Uncover how Impinj’s forecasts yield a $175.57 fair value, a 10% downside to its current price.

Simply Wall St Community members provided two fair value estimates between US$80.15 and US$175.57, showing wide differences in opinion. Some participants see opportunity, but others may be wary of how Impinj’s growth depends on a narrow set of sectors and customers.

Explore 2 other fair value estimates on Impinj – why the stock might be worth less than half the current price!

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include PI.

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