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Impinj (PI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PI crossed above the 20-day moving average, suggesting a short-term bullish trend.
Impinj, a maker of chips and systems for tracking assets, is just getting started in its growth trajectory, its CEO says.

Impinj, Inc. (PI) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, PI's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

California State Teachers Retirement System increased its position in shares of Impinj, Inc. (NASDAQ: PI) by 29.3% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,902 shares of the company's stock after purchasing an additional 7,678 shares during the period.

Impinj, Inc. (PI) Q2 2026 Earnings Call Transcript

Impinj NASDAQ: PI reported record second-quarter revenue, adjusted EBITDA and earnings per share, supported by demand for its RAIN RFID Endpoint IC products across retail, supply chain and logistics markets. Management also projected strong sequential growth in the third quarter, citing bookings strength, an accelerating custom ASIC ramp and expected inventory rebuilding by inlay and label partners.

Impinj (PI) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.8 per share a year ago.