Headquartered in Seattle, WA Fiscal year ends December NASDAQ: PI impinj.com
Impinj, Inc. (Nasdaq: PI) is a RAIN RFID provider and Internet of Things company that positions its offering as 'Physical Intelligence' connecting the physical world to the AI-powered digital world. Its core products are endpoint ICs (RAIN RFID tag chips, including the M800 series) that are embedded in tags attached to everyday items such as retail merchandise, groceries, packages and shipping pallets. It complements these chips with reader and system products and solutions that identify and track tens of billions of items. Customers use the resulting real-time operational data to automate workflows, reduce waste and improve consumer experiences. Retail is a key end market, and the company also targets growth at large enterprise 'lighthouse' accounts and through its Gen2X technology. Impinj funds its business partly through convertible notes and in 2026 retired its 2021 Notes. Updated
Record endpoint IC volumes drove a double beat and pushed non-GAAP gross margin to 54.9% from 53.0% a year ago, a sign M800 demand is holding. Q4 revenue guidance sits below this quarter, so the margin story is what carries the stock from here.
Impinj (NASDAQ: PI | PI Price Prediction) beat third-quarter expectations on both revenue and earnings, but the real story lies in what happened to its balance sheet and cash generation. The stock…
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Impinj, Inc. (Nasdaq: PI) is a RAIN RFID provider and Internet of Things company that positions its offering as 'Physical Intelligence' connecting the physical world to the AI-powered digital world.
24/7 Wall St.'s 12-month price target for PI is $225.83, rated Buy. The Wall Street consensus target is $183.56. PI price prediction →
