Impinj Q2 revenue beats analyst expectations

Overview

• RAIN RFID provider's Q2 revenue rose, beating analyst expectations

• Adjusted EPS for Q2 set a quarterly record, according to the company

Outlook

• Impinj sees Q3 2026 revenue between $105.5 mln and $108.5 mln

• Company expects Q3 2026 non-GAAP net income per share of $0.59 to $0.63

• Impinj says guidance reflects current market conditions and expectations

Result Drivers

• RECORD REVENUE - Co reported Q2 revenue and adjusted EPS at new quarterly highs, citing strong execution

Company press release: ID:nBw3ZSfDQa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Impinj Inc is $175.00, about 31.5% above its July 28 closing price of $133.03

• The stock recently traded at 55 times the next 12-month earnings vs. a P/E of 47 three months ago

Reuters Recommended Reads

• July 29 - Littelfuse Q2 revenue beats estimates on semiconductor demand; lifts dividend

• July 28 - Netherlands' NXP Q2 revenue beats, driven by software-defined vehicles, physical AI

• July 28 - Skyworks beats Q3 revenue, adjusted EPS estimates; sets $2 bln buyback

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)