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An announcement from IMPINJ ( (PI) ) is now available.
On September 3, 2025, Impinj, Inc. announced the pricing of its private offering of $170 million in 0% Convertible Senior Notes due 2029, later increased to $190 million after the initial purchasers exercised their option. The proceeds, approximately $183.6 million, were used to exchange $190 million of its 2027 Notes for cash and shares, and to fund capped call transactions aimed at reducing potential dilution of its common stock. The notes, convertible under specific conditions, are senior unsecured obligations and will mature on September 15, 2029. This strategic financial move is expected to enhance Impinj’s financial flexibility and market positioning.
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. is a leading provider in the RAIN RFID industry, focusing on connecting everyday items such as apparel, automobile parts, luggage, and shipments to the Internet. The company’s platform enables businesses and consumers to access timely data, fostering innovation and optimization in the Internet of Things sector.
Average Trading Volume: 490,716
Technical Sentiment Signal: Strong Buy
Current Market Cap: $5.56B
See more data about PI stock on TipRanks’ Stock Analysis page.