Impinj's Price Target Raised to $140 by Susquehanna Amid Tariff-Related Demand and AI Strength

Susquehanna analyst Christopher Rolland raised Impinj's price target to $140 from $130 and maintained a Positive rating. The analyst expects in-line to modest upside reports driven by tariff-related demand and continued AI strength. However, the back half of the year is uncertain.

Susquehanna analyst Christopher Rolland has raised the firm's price target on Impinj (PI) to $140 from $130, while maintaining a Positive rating on the shares. This update is part of a Q2 preview for the semiconductor group. Rolland expects in-line to modest upside reports, driven by tariff-related demand pull-ins and continued artificial intelligence strength. However, the back half of the year is more uncertain, according to the analyst's research note [1].

Shares of Impinj Inc (PI) surged 4.01% in mid-day trading on July 17, reaching an intraday high of $117.74 before settling at $116.88. The stock is currently trading 51.28% below its 52-week high of $239.88 and 92.08% above its 52-week low of $60.85. Based on the one-year price targets offered by 7 analysts, the average target price for Impinj Inc (PI) is $125.71, with a high estimate of $145.00 and a low estimate of $100.00. The consensus recommendation from 7 brokerage firms is currently 1.9, indicating an "Outperform" status [2].

The estimated GF Value for Impinj Inc (PI) in one year is $143.46, suggesting an upside of 22.74% from the current price of $116.88. This estimate is based on historical multiples and past business growth, utilizing an impartial methodology [3].

The semiconductor industry has been facing uncertainty due to geopolitical developments and trade tensions. ASML, the world's largest supplier of chip-making equipment, warned that it may not achieve growth in 2026 due to macro-economic and geopolitical developments. This warning has sparked concerns about trade tensions disrupting the semiconductor supply chain and slowing down investment from chip manufacturers [4].

Despite these uncertainties, Impinj continues to benefit from the artificial intelligence boom and tariff-related demand. The company's positive outlook, driven by Rolland's analysis, suggests that investors may find Impinj an attractive investment opportunity in the current market conditions.

References:
[1] https://www.tipranks.com/news/the-fly/impinj-price-target-raised-to-140-from-130-at-susquehanna-thefly
[2] https://www.gurufocus.com/news/2985505/impinj-inc-pi-shares-up-401-on-jul-17
[3] https://www.gurufocus.com/news/2985505/impinj-inc-pi-shares-up-401-on-jul-17
[4] https://www.ainvest.com/news/semiconductor-stocks-fall-cautious-outlook-asml-geopolitical-uncertainty-2507/