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IMPINJ ( (PI) ) just unveiled an announcement.
On September 2, 2025, Impinj, Inc. announced its plan to offer $150 million in Convertible Senior Notes due 2029 in a private placement to qualified institutional buyers, with an option for purchasers to acquire an additional $25 million. The proceeds from this offering are intended to be used for the exchange of a portion of its outstanding 2027 Notes and other corporate purposes. This strategic financial move is expected to affect Impinj’s stock market activity and could influence the trading price of its common stock and notes, impacting stakeholders’ decisions.
The most recent analyst rating on (PI) stock is a Buy with a $205.00 price target. To see the full list of analyst forecasts on IMPINJ stock, see the PI Stock Forecast page.
Spark’s Take on PI Stock
According to Spark, TipRanks’ AI Analyst, PI is a Outperform.
IMPINJ’s overall stock score is driven by strong technical momentum and positive earnings call highlights, including record EBITDA margins and product performance. However, the high P/E ratio and challenges in achieving consistent profitability and managing leverage weigh on the score.
To see Spark’s full report on PI stock, click here.
More about IMPINJ
Impinj, Inc. (NASDAQ: PI) is a leading provider in the RAIN RFID industry and a pioneer in the Internet of Things. The company helps businesses and individuals by wirelessly connecting everyday items like apparel, automobile parts, luggage, and shipments to the Internet, using its platform to deliver timely data to business and consumer applications.
Average Trading Volume: 481,485
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.45B
For detailed information about PI stock, go to TipRanks’ Stock Analysis page.