Post-earnings recap
Reported
Wed, Jul 29, 2026
EPS actual
$0.86
EPS est.
$0.34
EPS surprise
+152.94%
1-day move
+4.71%
Impinj, Inc. is a technology company that specializes in semiconductors, particularly in the field of RFID (Radio-Frequency Identification) solutions. Their products are crucial for tracking and managing inventory in retail and supply chain operations, making them significant in the growing demand for automation and efficiency in various industries.
Last quarter
In Q1-2026, Impinj reported an EPS of $0.14, significantly beating estimates by 143.75%. The stock reacted positively, gaining 1.04% the next day.
EPS beat streak
8Q
EPS beat rate
100%
Avg EPS surprise
+581.10%
Avg 1-day reaction
+1.57%
Investors are cautiously optimistic ahead of the earnings report, given the company's strong track record of beating EPS estimates in recent quarters. However, the lack of revenue guidance raises some concerns.
Bull case
If Impinj continues its trend of beating EPS estimates, it could signal strong operational performance and growth potential, leading to a positive stock reaction.
Bear case
Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the high implied volatility.
The print will turn on these.
Q1
What will be the EPS figure for Q2-2026?
Given the company's history of exceeding EPS estimates, this figure will be crucial in determining market sentiment post-earnings.
Q2
What insights can be provided regarding revenue growth?
Revenue growth is essential for assessing the company's market position and future potential, especially in a competitive semiconductor landscape.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±3.5%
Why consensus could be wrong
The market may be underestimating Impinj's ability to sustain its EPS growth due to its innovative product offerings and market demand.
Supporting evidence
Impinj has consistently beaten EPS estimates, indicating strong operational execution.
The options market is pricing in a 37.68% move, suggesting traders expect significant volatility, which may not align with historical performance.
The company’s focus on RFID technology positions it well in a growing market, potentially leading to higher revenue than anticipated.
Key risk
If the EPS comes in above $0.20, it could challenge the bearish sentiment surrounding revenue growth.
Pre-commit to what would confirm each case.
The market is weighing the company's ability to maintain its impressive EPS growth against potential revenue challenges.
Bull confirmed if
EPS exceeding $0.20 would confirm the bull case and suggest strong operational performance.
Bear confirmed if
An EPS below $0.10 would confirm the bear case, indicating potential struggles in profitability.
What the market is pricing for the move.
Implied Move
±37.68%
Historical Avg
±1.8%
The options market is pricing in a substantial move, indicating that traders expect significant volatility around the earnings announcement.
Options are pricing ±37.7% while PI has averaged ±1.8% over the last 8 prints — setup is pricing rich.
ATM IV
0.8%
30d HV
72.3%
Smart-money positioning from the most recent 13F filings.
Institutional
109.15%
of float
Insider
2.71%
of float
Holders
426
institutions
Top Holders· as of Jun 2026
FMR, LLC
4,562,799 sh · $871.7M
14.93%
6.6%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Impinj beats expectations, history suggests a potential average one-day move of +0.29%, confirming strong operational momentum.
In line / cautious
If results are in line but cautious commentary is provided, the stock may experience muted movement as investors reassess future growth.
Miss
A miss could lead to a significant downside, with historical patterns suggesting a potential drop around -0.5%.
The lines on the call that would change the story.
Blackrock Inc.
4,449,389 sh · $850.0M
14.56%
3.1%
Vanguard Portfolio Management LLC
2,194,236 sh · $419.2M
7.18%
2.5%
State Street Corporation
1,700,585 sh · $324.9M
5.57%
14.5%
Capital International Investors
1,443,452 sh · $275.8M
4.72%
6.7%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.