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Impinj Inc (PI)

NASDAQ
Currency in USD
185.89
-1.66(-0.89%)
Real-time Data
PI Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
185.61190.00
52 wk Range
78.17239.88
Key Statistics
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Prev. Close
187.55
Open
186.68
Day's Range
185.61-190
52 wk Range
78.17-239.88
Volume
272.74K
Average Volume (3m)
581.16K
1-Year Change
115.03%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
243.70
Upside
+30.99%
Members' Sentiments
Bearish
Bullish
ProTips
8 analysts have revised their earnings upwards for the upcoming period
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Impinj Inc Company Profile

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company’s platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enable its partners to solve enterprise business problems, such as retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

Impinj Inc SWOT Analysis


RFID Market Leade
Impinj dominates the growing RFID market with its comprehensive IoT platform, positioning itself for significant growth in retail and supply chain sectors
Financial Strength
Q2 2024 results exceed expectations with $102.5M revenue and $0.83 EPS, driven by robust endpoint IC sales and strong profitability metrics
Untapped Potential
Explore the vast growth opportunities as RAIN RFID technology, currently used in only 0.4% of connectable items, expands across various industries
Analyst Optimism
Cantor Fitzgerald maintains a $205 price target, reflecting confidence in Impinj's market position and future prospects in the evolving IoT landscape
Read full SWOT analysis

Impinj Inc Earnings Call Summary for Q4/2024

  • Q3 revenue up 46% YoY to $95.2M, but down 7% sequentially; Endpoint IC revenue at $81M, up 67% YoY despite 9% sequential decline
  • Q4 revenue forecast: $91-94M (31% YoY increase); Adjusted EBITDA projected at $13.6-15.1M
  • Strong M800 product adoption expected; growing enterprise pipeline in retail and food tagging markets
  • Qualcomm partnership to boost RAIN technology in mobile devices; European retailers driving Systems revenue growth
  • Challenges: slower adoption in Asia authentication market; ongoing endpoint IC pricing negotiations
Last Updated: 10/24/2024, 05:22 PM
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Compare PI to Peers and Sector

Metrics to compare
PI
Peers
Sector
Relationship
P/E Ratio
187.6x−7.5x11.1x
PEG Ratio
0.96−0.180.01
Price/Book
39.1x4.0x2.4x
Price / LTM Sales
15.4x4.8x2.1x
Upside (Analyst Target)
32.2%32.4%20.4%
Fair Value Upside
Unlock−3.2%3.6%Unlock

Analysts' Recommendations

9 Buy
1 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 243.70

(+31.10% Upside)

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FAQ

What Is the Impinj (PI) Stock Price Today?

The Impinj stock price today is 185.89

What Stock Exchange Does Impinj Trade On?

Impinj is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Impinj?

The stock symbol for Impinj is "PI."

What Is the Impinj Market Cap?

As of today, Impinj market cap is 5.26B.

What is Impinj Earnings Per Share?

The Impinj EPS is 1.03.

What Is the Next Impinj Earnings Date?

Impinj will release its next earnings report on Feb 04, 2025.

From a Technical Analysis Perspective, Is PI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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