Impinj (PI)

• Market cap: $1.99B
• 1 day: 1.46%
• 5 days: -0.41%
• 1 month: -22.80%
• 3 months: -49.92%
• 6 months: -69.33%
• Year to date: -52.52%
• 1 year: -42.07%
• 5 years: 271.18%
• 10 years: 287.70%
• Sector: Technology
• Industry: Semiconductors

About: Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.

Employees: 451

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

35% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 92

1.79% more ownership

Funds ownership: 106.49% [Q3] → 108.28% (+1.79%) [Q4]

7% more call options, than puts

Call options by funds: $50.4M | Put options by funds: $47.1M

0% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 73

2% less funds holding

Funds holding: 320 [Q3] → 314 (-6) [Q4]

31% less capital invested

Capital invested by funds: $6.48B [Q3] → $4.45B (-$2.03B) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 8 [Q3] → 4 (-4) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $130 87% upside
• Avg. target: $151 117% upside
• High target: $220 216% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Goldman Sachs Toshiya Hari 43% 1-year accuracy 40 / 93 met price target	89% upside $132	Neutral Maintained	6 Feb 2025
Cantor Fitzgerald Troy Jensen 27% 1-year accuracy 9 / 33 met price target	91% upside $133	Overweight Maintained	6 Feb 2025
Piper Sandler Harsh Kumar 11% 1-year accuracy 4 / 37 met price target	101% upside $140	Overweight Maintained	6 Feb 2025
Needham James Ricchiuti 14% 1-year accuracy 16 / 115 met price target	87% upside $130	Buy Maintained	6 Feb 2025
Susquehanna Christopher Rolland 13% 1-year accuracy 17 / 132 met price target	216% upside $220	Positive Maintained	22 Jan 2025