RFID Market Leade | Impinj dominates the Radio-Frequency Identification space, serving enterprise customers across retail, supply chain, and logistics with innovative tracking solutions. |
Financial Strength | Impressive Q3 performance with sales exceeding expectations by 3% and adjusted EBITDA surpassing consensus by 18%, supported by robust gross margins above 50%. |
Grocery Frontie | Delve into Impinj's significant growth opportunity in the untapped grocery sector, where RFID technology adoption could drive substantial revenue expansion in coming years. |
Analyst Confidence | Price targets range from $100 to $211, with Barclays recently raising their target to $211, reflecting strong bullish sentiment despite macroeconomic uncertainties. |
Metrics to compare | PI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPIPeersSector | |
|---|---|---|---|---|
P/E Ratio | −146.2x | 88.7x | 12.6x | |
PEG Ratio | 0.13 | 0.39 | 0.01 | |
Price/Book | 19.8x | 7.4x | 2.4x | |
Price / LTM Sales | 11.2x | 10.6x | 2.4x | |
Upside (Analyst Target) | 31.8% | 6.8% | 24.0% | |
Fair Value Upside | Unlock | −28.4% | 4.2% | Unlock |
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 that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and 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.