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Impinj Inc (PI)

Upturn stock ratingUpturn stock rating
$167.37
Last Close (24-hour delay)
Profit since last BUY37.63%
upturn advisory
Consider higher Upturn Star rating
BUY since 27 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/14/2025: PI (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $171.29

1 Year Target Price $171.29

Analysts Price Target For last 52 week
$171.29 Target price
52w Low $60.85
Current$167.37
52w High $239.88

Analysis of Past Performance

Type Stock
Historic Profit 31.8%
Avg. Invested days 31
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.87B USD
Price to earnings Ratio -
1Y Target Price 171.29
Price to earnings Ratio -
1Y Target Price 171.29
Volume (30-day avg) 8
Beta 1.74
52 Weeks Range 60.85 - 239.88
Updated Date 08/15/2025
52 Weeks Range 60.85 - 239.88
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-07-22
When Before Market
Estimate 0.7188
Actual 0.8

Profitability

Profit Margin 0.18%
Operating Margin (TTM) 11.11%

Management Effectiveness

Return on Assets (TTM) -0.14%
Return on Equity (TTM) 0.42%

Valuation

Trailing PE -
Forward PE 111.11
Enterprise Value 4967937750
Price to Sales(TTM) 13.56
Enterprise Value 4967937750
Price to Sales(TTM) 13.56
Enterprise Value to Revenue 13.84
Enterprise Value to EBITDA 278.85
Shares Outstanding 29089700
Shares Floating 26006185
Shares Outstanding 29089700
Shares Floating 26006185
Percent Insiders 4.23
Percent Institutions 112.08

ai summary icon Upturn AI SWOT

Impinj Inc

stock logo

Company Overview

overview logo History and Background

Impinj Inc. was founded in 2000 and is a leading provider of RAIN RFID solutions. Originally focused on advanced physics research, they pivoted to developing and commercializing RFID technology. They went public in 2016.

business area logo Core Business Areas

  • Endpoints: RAIN RFID chips that are embedded in items to be identified and tracked. These endpoints communicate with readers to provide information about the tagged items.
  • Readers: RAIN RFID devices that wirelessly read the data from endpoints. They include gateway readers and handheld readers for various applications.
  • Software: Software solutions that manage the data collected from RAIN RFID endpoints and readers, providing insights and analytics. This includes item intelligence and inventory management platforms.

leadership logo Leadership and Structure

Chris Diorio is the CEO and co-founder. The company has a typical organizational structure with departments for engineering, sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Endpoint ICs (RAIN RFID Chips): These chips are embedded in various items to enable tracking and identification. Impinj is a leader in this market. Competitors include NXP Semiconductors and STMicroelectronics. Market share data is difficult to pinpoint precisely but Impinj generally holds a significant share of the RAIN RFID endpoint IC market. Revenue from endpoint ICs constitutes a significant portion of overall revenue.
  • Readers and Gateways: Impinj offers a range of readers and gateways for different applications, from retail to supply chain. Competing Reader and Gateway offerings include those from Zebra Technologies and Alien Technology. The exact market share fluctuates, but Impinj is a notable player in RAIN RFID reader segment.
  • Impinj Item Intelligence Platform: A suite of software and cloud services that provide visibility and insights into item location, movement, and authenticity. Competitors include SML Group and Avery Dennison. Revenue from software services is growing.

Market Dynamics

industry overview logo Industry Overview

The RAIN RFID market is growing due to increasing demand for item-level visibility in retail, supply chain, healthcare, and other industries. The market is driven by the need for improved inventory management, asset tracking, and loss prevention.

Positioning

Impinj is a leader in the RAIN RFID market, known for its high-performance endpoint ICs and comprehensive platform. Their competitive advantage lies in their integrated solution and strong partnerships.

Total Addressable Market (TAM)

The total addressable market for RAIN RFID is estimated to be in the billions of dollars annually, with projections indicating continued growth. Impinj is well-positioned to capture a significant share of this TAM due to its technology leadership and market presence.

Upturn SWOT Analysis

Strengths

  • Technology leadership in RAIN RFID
  • Strong brand reputation
  • Comprehensive solution offering (endpoints, readers, software)
  • Strong partner ecosystem
  • Focus on high-growth markets

Weaknesses

  • Reliance on a few key customers
  • Vulnerability to economic downturns
  • Competition from larger, more diversified companies
  • Relatively high product prices

Opportunities

  • Expansion into new markets (e.g., healthcare, automotive)
  • Development of new applications for RAIN RFID
  • Increasing adoption of IoT technologies
  • Strategic acquisitions

Threats

  • Increased competition from new entrants
  • Technological obsolescence
  • Economic slowdown affecting customer spending
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • Zebra Technologies (ZBRA)
  • NXP Semiconductors (NXPI)
  • STMicroelectronics (STM)

Competitive Landscape

Impinj's advantage is its focus on RAIN RFID and its comprehensive solution. Disadvantages include its smaller size compared to Zebra and NXP, and its reliance on specific markets.

Growth Trajectory and Initiatives

Historical Growth: Impinj has experienced significant revenue growth driven by increased adoption of RAIN RFID in various industries. Growth has been uneven, with periods of rapid expansion followed by periods of slower growth.

Future Projections: Analyst estimates suggest continued revenue growth for Impinj, driven by increasing adoption of RAIN RFID and expansion into new markets.

Recent Initiatives: Recent initiatives include expanding its product portfolio, strengthening partnerships, and investing in research and development.

Summary

Impinj is a leading provider of RAIN RFID solutions with strong technology and a comprehensive platform. Their growth is driven by increasing adoption of RFID across various industries. However, they face competition from larger players and are vulnerable to economic downturns. Recent initiatives and expansion into new markets position them for continued growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Impinj Inc

Exchange NASDAQ
Headquaters Seattle, WA, United States
IPO Launch date 2016-07-21
Co-Founder, Vice Chairman & CEO Dr. Chris Diorio Ph.D.
Sector Technology
Industry Semiconductors
Full time employees 451
Full time employees 451

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.