Grocery Sector Promise | Momentum builds in grocery retail adoption where RFID implementation addresses inventory management, shrinkage reduction, and supply chain visibility at unprecedented scale |
Technological Evolution | Industry analysis reveals Bluetooth Low Energy tags will complement rather than displace RFID solutions, potentially expanding the addressable market for automated identification systems |
Analyst Perspectives | Price targets range from $175 to $211, with analysts maintaining Overweight ratings despite near-term challenges and projected EPS growth from $2.01 to $3.22 |
Inventory Headwinds | Impinj confronts near-term inventory corrections prompting analyst price target adjustments, while maintaining strong operational fundamentals and market leadership in RFID technology |

Metrics to compare | PI | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPIPeersSector | |
|---|---|---|---|---|
P/E Ratio | −205.2x | 36.7x | 12.0x | |
PEG Ratio | 0.16 | 0.31 | 0.01 | |
Price / Book | 23.9x | 5.3x | 2.4x | |
Price / LTM Sales | 14.9x | 4.9x | 2.2x | |
Upside (Analyst Target) | −0.2% | 86.7% | 35.1% | |
Fair Value Upside | Unlock | −10.6% | 4.8% | 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.