Impinj Stock To $130?
Impinj (PI) stock has fallen by 22.4% in less than a month, from $241.91 on 10/29/2025 to $187.67 now. What comes next? As it turns out, the stock could fall even more. The current correction, when put in context of our Very Unattractive opinion of the stock, suggest possibility of further downside. A price of $130 is not out of question, especially considering that the stock has seen this level in the last 5 years.
So should you wait before buying this dip? Perhaps. There is no perfect way to time the dips. Nevertheless, here is another perspective on PI stock to help you make the decision. The stock has returned (median) 82% in one year, and 131% as peak return following sharp dips (>30% in 30 days) historically. For quick background, PI provides a cloud connectivity platform that wirelessly connects items and delivers data to business and consumer applications across various industries globally.
For details on stock fundamentals and assessment: Read Buy or Sell Impinj Stock to see the full picture.
A single stock can be risky, but there is a huge value to a broader, diversified approach. If you seek an upside with less volatility than holding an individual stock, consider the Trefis High Quality Portfolio (HQ). HQ has outperformed its benchmark — a combination of S&P 500, Russell, and S&P midcap index — and achieved returns exceeding 91% since its inception. Risk management is key — consider what the long-term portfolio performance could be if you blended 10% commodities, 10% gold, and 2% crypto with HQ’s performance metrics.
Historical Median Returns Post Dips
| Period | Past Median Return |
|---|---|
| 1M | 3.2% |
| 3M | 7.0% |
| 6M | 45.8% |
| 12M | 82.1% |
Historical Dip-Wise Details
PI had 11 events since 1/1/2010 where the dip threshold of -30% within 30 days was triggered
- 131% median peak return within 1 year of dip event
- 252 days is the median time to peak return after a dip event
- -29% median max drawdown within 1 year of dip event
| 30 Day Dip | PI Subsequent Performance | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | PI | SPY | 1Y | Peak Return |
Max Drop |
# Days to Peak |
||
| Median | 82% | 131% | -29% | 252 | ||||
| 2192025 | -32% | 4% | 96% | 135% | -39% | 252 | ||
| 7272023 | -39% | 4% | 136% | 162% | -29% | 361 | ||
| 4272023 | -35% | 6% | 91% | 89% | -40% | 364 | ||
| 5092022 | -33% | -12% | 121% | 226% | -5% | 345 | ||
| 3052020 | -37% | -9% | 151% | 229% | -42% | 351 | ||
| 12192018 | -32% | -8% | 82% | 168% | -8% | 223 | ||
| 10262018 | -32% | -8% | 80% | 122% | -23% | 277 | ||
| 2022018 | -49% | 3% | 32% | 117% | -9% | 224 | ||
| 11022017 | -47% | 3% | 4% | 28% | -49% | 12 | ||
| 8042017 | -31% | 2% | -50% | 11% | -70% | 56 | ||
| 10272016 | -31% | -0% | 36% | 131% | -5% | 242 | ||
Impinj Passes Basic Financial Quality Checks
Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.
| Quality Metrics | Value | Quality Check |
|---|---|---|
| Revenue Growth (LTM) | 4.2% | Pass |
| Revenue Growth (3-Yr Avg) | 16.1% | Pass |
| Operating Cash Flow Margin (LTM) | 15.6% | Pass |
| Leverage (see below) | – | Pass |
| => Interest Coverage Ratio | -3.1 | |
| => Cash To Interest Expense Ratio | 61.2 |
Dip buying, while attractive, needs to be evaluated carefully from multiple angles. Such multi-factor analysis is exactly how we construct the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.