Why These 15 Semiconductor Stocks Have Been Plunging So Far in 2025

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7. Impinj Inc (NASDAQ:PI)

Number of Hedge Fund Holders In Q4 2024: 37

Impinj Inc (NASDAQ:PI) specializes in RAIN RFID technology and offers endpoint ICs, reader ICs, and software solutions for item-level tracking.

The stock is down significantly so far in 2025 as Impinj issued disappointing guidance for the first quarter of 2025. The company projected revenue between $70 million and $73 million. This is well below analyst estimates of $93.3 million and implies a potential decline of 5-9% year-over-year.

Furthermore, EPS guidance ranged from $0.06 to $0.11 and is far below the $0.42 consensus.

Management flagged excess inventory among channel inlay partners as a key issue impacting endpoint IC sales. This inventory buildup is expected to take time to clear.

The consensus price target of $180.1 implies 105.29% upside.

PI stock is down 37.88% year-to-date.

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