Impinj Stock Rockets Upward: Here’s the Fuel Behind the Surge

Another day, another moonshot—Impinj shares are defying gravity as Wall Street scrambles to justify the rally. Here's what's pumping the brakes on skepticism (for now).

RFID or RIP-Off?

The RFID specialist's tech is suddenly hotter than a trader's margin call after a 20% overnight drop. No hard numbers? No problem—the market's allergic to details anyway.

Short Squeeze or Sustainable?

Analysts whisper about inventory tracking breakthroughs while hedge funds quietly cover positions. Classic case of 'buy first, ask questions when the SEC comes knocking'.

One thing's certain: When Impinj moves, it's either a paradigm shift or another overpriced tech stock riding the hype wave. Place your bets—the house always wins.

Impinj's Q2 2025 by the numbers

The report wasn't perfect. Revenues fell 4.5% year over year to $97.9 million, and adjusted earnings dropped from $0.83 to $0.80 per diluted share. However, your average analyst WOULD have settled for earnings near $0.71 per share on revenues in the neighborhood of $93.8 million. The reported results also exceeded the top end of management's guidance ranges across the board.

Image source: Getty Images.

Impinj's latest products play well together

Impinj saw strong demand for every product category, from signal readers and data management gateways to RFID endpoint tags. Clients are finding new use cases for Impinj's item-tracking solutions, and the recently released next-generation readers and endpoints are inspiring stronger demand for each other. That's a classic synergy between two groundbreaking products that work especially well together.

Looking ahead, Impinj's management expects continued revenue growth in the third quarter, though bottom-line targets were modest due to the unpredictable economy. Impinj has a history of setting low targets and then beating them easily, and this is probably another example of that underpromising approach.

After Thursday's jump, Impinj's stock stands 158% above the 52-week lows it reached in April. It's also priced 34% below October's all-time highs. The stock isn't cheap, and the business growth has been choppy recently, so I'm not exactly a buyer at this point. Still, Impinj's item-tracking technology looks more useful every year, and I'm keeping a close eye on this company. I might pounce on this volatile stock in the next price dip.