PI

Impinj Inc

Add to Watchlist

Advanced Chart

115.980

-0.14(-0.121%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

117.600

Open

117.580

VWAP

116.04

Vol

250.94K

Mkt Cap

3.36B

Low

115.010

Amount

29.12M

EV/EBITDA(TTM)

421.63

Total Shares

27.72M

3.50B

EV/OCF(TTM)

61.33

P/S(TTM)

9.27

Impinj, Inc. (Impinj) is a RAIN radio frequency identification (RFID) and Internet of things provider. The Company helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things, such as apparel, automobile parts, luggage, and shipments to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. It designs, sells or licenses, including silicon RAIN radios; manufacturing, test, encoding and reading systems, and software and cloud services that encapsulate its solutions know-how. The Company 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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

87.13M

-4.85%

0.352

-26.74%

85.93M

-9.74%

0.353

-36.91%

93.82M

-8.47%

0.702

-15.46%

Estimates Revision

The market is revising Downward the revenue expectations for Impinj, Inc. (PI) for FY2025, with the revenue forecasts being adjusted by -1.9% over the past three months. During the same period, the stock price has changed by 66.47%.

Revenue Estimates for FY2025

Revise Downward

-1.9%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+14.97%

In Past 3 Month

Stock Price

Go Up

+66.47%

In Past 3 Month

5 Analyst Rating

2.60% Upside

Wall Street analysts forecast PI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PI is 119.00 USD with a low forecast of 100.00 USD and a high forecast of 133.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

0 Hold

0 Sell

Strong Buy

2.60% Upside

Current: 115.980

Low

100.00

Averages

119.00

High

133.00

2.60% Upside

Current: 115.980

Low

100.00

Averages

119.00

High

133.00

Piper Sandler

Harsh Kumar

Buy

Maintains

$140 → $100

2025-04-22

Reason

Piper Sandler

Harsh Kumar

Price Target

$140 → $100

2025-04-22

Maintains

Buy

Reason

Piper Sandler lowered the firm's price target on Impinj to $100 from $140 and keeps an Overweight rating on the shares. The firm is cutting numbers for Impinj ahead of the company's Q1 print tomorrow. Piper believes Impinj has one of the broadest exposures to macro and specifically the consumer within its coverage group. Exposure to retail apparel, general merchandise, and logistics, is concerning to the firm given the uncertain tariff environment and potential end demand hits as a result of a weakening consumer. Overall, Piper believes that roughly 80% of Impinj's total revenues, or the entire endpoint IC business, is exposed to the weakening consumer backdrop.

Needham

James Ricchiuti

Strong Buy

Maintains

$182 → $130

2025-02-06

Reason

Needham

James Ricchiuti

Price Target

$182 → $130

2025-02-06

Maintains

Strong Buy

Reason

Piper Sandler

Harsh Kumar

Buy

Maintains

$235 → $140

2025-02-06

Reason

Piper Sandler

Harsh Kumar

Price Target

$235 → $140

2025-02-06

Maintains

Buy

Reason

Cantor Fitzgerald

Troy Jensen

Buy

Maintains

$260 → $133

2025-02-06

Reason

Cantor Fitzgerald

Troy Jensen

Price Target

$260 → $133

2025-02-06

Maintains

Buy

Reason

Cantor Fitzgerald lowered the firm's price target on Impinj to $133 from $260 and keeps an Overweight rating on the shares. Impinj's Q4 results were largely in line with expectations, though headwinds encountered at the end of Q4, resulted in higher inventory levels with Impinj's partners and are expected to spill into the first quarter of 2025, the analyst tells investors in a research note. While Cantor expects the stock price to fall sharply on the lower Q1 guidance, the firm views any pullback as an opportunity to acquire the shares.

Goldman Sachs

Toshiya Hari

Hold

Maintains

$200 → $132

2025-02-06

Reason

Goldman Sachs

Toshiya Hari

Price Target

$200 → $132

2025-02-06

Maintains

Hold

Reason

Susquehanna

Christopher Rolland

Buy

Maintains

$260 → $220

2025-01-22

Reason

Susquehanna

Christopher Rolland

Price Target

$260 → $220

2025-01-22

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Impinj Inc (PI.O) is 65.16, compared to its 5-year average forward P/E of 143.40. For a more detailed relative valuation and DCF analysis to assess Impinj Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

143.40

Current PE

65.16

Overvalued PE

400.92

Undervalued PE

-114.11

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

86.57

Current EV/EBITDA

68.77

Overvalued EV/EBITDA

292.84

Undervalued EV/EBITDA

-119.70

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

8.03

Current PS

9.43

Overvalued PS

10.46

Undervalued PS

5.60