Impinj Inc. (PI) has shown significant underperformance recently, with a 21.3% decline in the past month. This drop is attributed to various challenges, including geopolitical tensions, excess inventory among customers, and competitive pressures from companies like NXP Semiconductors and Zebra Technologies. The stock is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend.

From a fundamental perspective, analysts have lowered their price targets for PI, with Needham reducing it from $182 to $130 and Cantor Fitzgerald from $260 to $133. Additionally, the company's revenue is expected to decline by 1.64% in 2025, with earnings per share projected to drop by 30.33%. These factors suggest a challenging outlook for the stock.

Technically, the stock's RSI is around 40-45, indicating it is in oversold territory but not extremely so. The MACD is negative, signaling bearish momentum. The stock is also below the lower Bollinger Band, which, combined with the overall downtrend, suggests continued weakness.

Conclusion:

Given the significant decline, negative revenue and earnings outlook, lowered price targets, and bearish technical indicators, it is advisable to consider selling PI stock at this time to mitigate potential further losses.

What is price prediction 2025 for PI Stock?

The price prediction for PI stock in 2025 is expected to be around $85, with a potential drop to $80 if the bearish trend continues. This forecast is based on technical indicators such as RSI and MACD showing bearish signals, recent stock performance indicating a 21.3% drop, and analyst price target reductions.

What is surpport and resistant level for PI Stock?

The S1 support level for PI Stock is $88.5 ,The R1 resistant level for PI Stock is $95.81.

What is the current price of PI Stock?

As of the end of day on 2025-03-26, the price of PI Stock was $91.13.

What is the target price of PI Stock?

The target price for PI Stock according to analyst rating is 170.75, with the highest price target at 270.00 and the lowest at 130.00. Analysts have a Strong Buy rating on PI Stock overall.

What is the market cap of Impinj Inc?

The market cap of PI is $2.6B.

Is Impinj Inc (PI) overvalued?

Analysis and Insights

To determine whether PI (Impinj Inc.) is overvalued, we analyze its financial metrics, market performance, and industry context.

Valuation Metrics:

Impinj's valuation metrics indicate a premium relative to its peers and historical averages. Key metrics include:

PE Ratio: 104.83, significantly higher than the industry average.
EV/EBITDA: 506.65, suggesting a rich valuation.
PS Ratio: 11.69, indicating high revenue multiples.
PB Ratio: 27.63, reflecting a premium to book value.

Market Performance:

Impinj's stock has underperformed recently, dropping 21.3% in the past month, driven by geopolitical tensions, excess inventory, and competitive pressures. The stock is trading below its 50-day and 200-day moving averages, signaling a bearish trend.

Financial Outlook:

Analysts expect a 1.64% year-over-year decline in 2025 revenues and a 30.33% drop in earnings, raising concerns about growth sustainability. The company faces challenges from NXP Semiconductors and Zebra Technologies, intensifying competition.

Conclusion:

Impinj's high valuation metrics, declining financial outlook, and bearish technical trends suggest the stock is overvalued. Investors should consider selling or avoiding PI until valuations align more closely with fundamentals.

What is Impinj Inc (PI)'s business?

Impinj, Inc. (Impinj) is engaged in developing of Internet of things (IoT) solutions. The Company helps businesses and people to analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Company uses a type of radio-frequency identification (RFID) technology known as RAIN for the wireless item-to-cloud connectivity. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless IoT. It sells a suite of products that enable the Company and its partner ecosystem use to connect and deliver item data to enterprises. It sells two types of silicon integrated circuit (IC) radios. The first are endpoint ICs that store a serialized number to wirelessly identify an item. The second are reader ICs that its partners use in finished readers to wirelessly discover, inventory and engage the endpoint ICs.

What is price prediction 2030 for PI Stock?

Price Prediction for PI Stock by 2030

Based on current trends and challenges, PI stock is predicted to trade around $85 by 2030. This forecast considers the company's revenue decline, increased competition, and geopolitical tensions impacting its major markets.