Impinj Inc(NASDAQ:PI) shares are trading lower in Tuesday's after-hours session after the company provided preliminary results for the fourth quarter.

• Impinj stock is among today’s weakest performers.

Q4 Guidance Fails To Impress

Ahead of a planned presentation at the annual Needham Growth conference, Impinj announced that it expects revenue for the fourth quarter of 2025 to be at the high end of prior guidance of $90 million to $93 million.

The IoT company also said it expects adjusted EBITDA for the fourth quarter to be above the midpoint of prior guidance of $15.4 million to $16.9 million.

What’s Next For Impinj

Impinj co-founder and CEO Chris Diorio, as well as CFO Cary Baker, will participate in a fireside chat at the Needham Growth Conference on Wednesday at 11:45 a.m. ET.

Impinj also announced Tuesday that it will release its financial results for the fourth quarter after the market close on Feb. 5. Analysts had been expecting earnings of 50 cents per share and revenue of $91.84 million, according to estimates from Benzinga Pro.

PI Remains Above Key Technical Levels

Impinj is currently showing a strong technical setup, trading above key moving averages, which indicates bullish momentum. The stock is positioned well above its 20-day and 50-day SMAs, suggesting a positive trend in the longer term.

The RSI is at 64.88, which is considered neutral but close to overbought territory. This level indicates that while the stock has momentum, it could be approaching a point where traders might want to watch for potential pullbacks. On the other hand, the MACD is above its signal line, indicating bullish momentum.

Key support is at $176.50, while resistance is at $198.50. If the stock approaches the support level, it could signal a potential reversal or trend continuation, while breaking through resistance could lead to further upward movement.

Looking at the 12-month performance, Impinj has gained 36.37%, reflecting a solid upward trend over the past year. This long-term strength suggests that the stock has been able to maintain positive momentum despite recent fluctuations.

Overall, traders should keep an eye on the support and resistance levels, as well as the momentum indicators, to navigate potential price movements effectively. The current technical setup indicates that Impinj is in a favorable position for continued growth.