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Impinj (PI) Shares Skyrocket, What You Need To Know

Provided By StockStory

Last update: Apr 24, 2025

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What Happened?

Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 20.4% in the pre-market session after the company reported strong first quarter 2025 results which significantly exceeded analysts' EPS and revenue estimates. Looking ahead, EBITDA and EPS guidance for the next quarter came in ahead. Overall, this quarter was quite strong.

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What The Market Is Telling Us

Impinj’s shares are very volatile and have had 29 moves greater than 5% over the last year. But moves this big are rare even for Impinj and indicate this news significantly impacted the market’s perception of the business.

The previous big move we wrote about was 2 days ago when the stock gained 7% on the news that investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible." His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.

Impinj is down 38.9% since the beginning of the year, and at $88.79 per share, it is trading 62.8% below its 52-week high of $238.58 from October 2024. Investors who bought $1,000 worth of Impinj’s shares 5 years ago would now be looking at an investment worth $4,352.

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IMPINJ INC

NASDAQ:PI (5/2/2025, 8:17:19 PM)

After market: 98.8 0 (0%)

98.8

+3.87 (+4.08%)


NVIDIA CORP

NASDAQ:NVDA (5/2/2025, 8:13:39 PM)

After market: 114.22 -0.28 (-0.24%)

114.5

+2.89 (+2.59%)


ADVANCED MICRO DEVICES

NASDAQ:AMD (5/2/2025, 8:00:00 PM)

After market: 99.0793 +0.28 (+0.28%)

98.8

+2.15 (+2.22%)



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