PI - Impinj Inc Stock Price, Fair Value and News

173.68USD+4.07 (+2.40%)Delayed

Market Summary

USD173.68+4.07

Delayed

2.40%

PI Alerts

6 major insider sales recently.

Big fall in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

PI Stock Price

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PI RSI Chart

PI Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

-848.1

Price/Sales (Trailing)

16.09

EV/EBITDA

338.43

Price/Free Cashflow

238.92

PI Price/Sales (Trailing)

PI Profitability

EBT Margin

-2.03%

Return on Equity

-6.59%

Return on Assets

-1.37%

Free Cashflow Yield

0.42%

PI Fundamentals

PI Revenue

Revenue (TTM)

298.5M

Rev. Growth (Yr)

-10.56%

Rev. Growth (Qtr)

8.74%

PI Earnings

Earnings (TTM)

-5.7M

Earnings Growth (Yr)

865.12%

Earnings Growth (Qtr)

319.66%

Breaking Down PI Revenue

Last 7 days

8.4%

Last 30 days

44.6%

Last 90 days

69.1%

Trailing 12 Months

78.8%

How does PI drawdown profile look like?

PI Financial Health

Current Ratio

9.42

Debt/Equity

3.29

Debt/Cashflow

0.13

PI Investor Care

Shares Dilution (1Y)

5.22%

Diluted EPS (TTM)

-0.35

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	298.5M	0	0	0
2023	290.6M	316.7M	313.5M	307.5M
2022	198.2M	210.7M	233.8M	257.8M
2021	136.3M	157.2M	174.2M	190.3M
2020	167.6M	155.9M	143.3M	138.9M
2019	130.6M	140.3M	146.6M	152.8M
2018	118.6M	113.1M	114.9M	122.6M
2017	122.4M	130.5M	132.1M	125.3M
2016	84.0M	90.9M	101.3M	112.3M
2015	0	68.7M	73.6M	78.5M
2014	0	0	0	63.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Impinj Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	baker cary	acquired	337,300	33.73	10,000	chief financial officer
May 02, 2024	baker cary	sold	-1,590,800	159	-10,000	chief financial officer
May 01, 2024	mecklai hussein	sold	-771,882	154	-5,000	chief operating officer
May 01, 2024	mecklai hussein	acquired	88,750	17.75	5,000	chief operating officer
Apr 26, 2024	diorio chris ph.d.	sold	-	-	-20,000	chief executive officer
Apr 26, 2024	dossett jeffrey	sold	-1,166,130	145	-8,000	chief revenue officer
Apr 26, 2024	phelan cathal g	sold	-1,479,360	147	-10,000	chief innovation officer
Apr 26, 2024	padval umesh	sold	-526,074	151	-3,475	-
Apr 26, 2024	diorio chris ph.d.	acquired	581,476	21.81	26,661	chief executive officer
Apr 26, 2024	diorio chris ph.d.	gifted	-	-	-20,000	chief executive officer

Which funds bought or sold PI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.72	781,231	2,957,800	-%
May 16, 2024	COMERICA BANK	reduced	-62.41	-3,486,950	4,029,700	0.02%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-79.84	-7,701,930	3,109,320	-%
May 16, 2024	AWM Investment Company, Inc.	reduced	-5.44	10,598,500	40,995,100	5.37%
May 16, 2024	SYLEBRA CAPITAL LLC	unchanged	-	161,094,000	538,982,000	17.91%
May 15, 2024	Capital Impact Advisors, LLC	added	152	1,292,380	1,789,520	2.33%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-52.63	-14,422,800	30,034,800	0.01%
May 15, 2024	SILVERCREST ASSET MANAGEMENT GROUP LLC	reduced	-21.65	981,543	9,331,560	0.06%
May 15, 2024	Black Creek Investment Management Inc.	reduced	-28.57	29,600	1,605,120	0.05%
May 15, 2024	MARSHALL WACE, LLP	new	-	218,297	218,297	-%

Are Funds Buying or Selling PI?

Are funds buying PI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PI

No. of Funds

Unveiling Impinj Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	diorio chris ph.d.	4.6%	1,260,062	SC 13G/A
Feb 13, 2024	vanguard group inc	9.15%	2,474,690	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 01, 2024	invesco ltd.	1.9%	526,272	SC 13G/A
Jan 26, 2024	blackrock inc.	7.0%	1,898,256	SC 13G/A
Nov 17, 2023	sylebra capital ltd	14.9%	4,030,559	SC 13D/A
Aug 25, 2023	sylebra capital ltd	13.83%	3,714,190	SC 13D/A
Aug 18, 2023	sylebra capital ltd	12.66%	3,400,679	SC 13D/A
Jul 10, 2023	vanguard group inc	10.07%	2,683,400	SC 13G/A
Jun 12, 2023	fmr llc	-	0	SC 13G

Recent SEC filings of Impinj Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	4	Insider Trading
May 02, 2024	144	Notice of Insider Sale Intent
May 02, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 26, 2024	144	Notice of Insider Sale Intent
Apr 26, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Impinj Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Impinj Inc News

Latest updates

Impinj Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	8.7%	76,825,000	70,651,000	65,005,000	85,986,000	85,897,000	76,590,000	68,270,000	59,796,000	53,144,000	52,574,000	45,193,000	47,268,000	45,248,000	36,448,000	28,196,000	26,457,000	47,822,000	40,821,000	40,762,000	38,190,000	33,063,000
Gross Profit	10.9%	37,548,000	33,870,000	30,768,000	43,814,000	43,530,000	40,168,000	37,435,000	31,502,000	28,779,000	29,183,000	23,013,000	24,777,000	21,981,000	17,414,000	13,372,000	12,960,000	21,394,000	19,932,000	19,781,000	18,416,000	15,873,000
Operating Expenses	1.2%	49,281,000	48,709,000	46,602,000	52,183,000	47,972,000	40,112,000	39,179,000	39,978,000	38,094,000	36,871,000	35,385,000	33,094,000	30,853,000	31,800,000	26,392,000	29,230,000	24,789,000	26,753,000	23,689,000	22,416,000	22,805,000
S&GA Expenses	-2.6%	10,176,000	10,445,000	10,073,000	10,632,000	9,973,000	9,655,000	9,326,000	9,614,000	9,299,000	9,710,000	8,736,000	8,196,000	7,645,000	8,086,000	6,964,000	6,123,000	7,490,000	8,063,000	7,842,000	8,188,000	8,549,000
R&D Expenses	6.5%	22,519,000	21,136,000	21,588,000	23,403,000	22,435,000	18,982,000	18,766,000	18,369,000	17,989,000	17,578,000	16,789,000	15,900,000	13,791,000	14,971,000	11,901,000	10,661,000	11,057,000	11,202,000	10,344,000	8,773,000	8,561,000
EBITDA Margin	159.4%	0.05	-0.08	-0.04	0.00	-0.02	-0.05	-0.14	-0.22	-0.22	-0.23	-0.23	-0.26	-0.35	-0.30	-0.24	-0.16	-	-	-	-	-
Interest Expenses	0.1%	1,216,000	1,215,000	1,213,000	1,211,000	1,209,000	1,207,000	1,205,000	1,250,000	1,261,000	974,000	526,000	525,000	525,000	1,392,000	1,360,000	1,349,000	1,312,000	531,000	413,000	421,000	429,000
Income Taxes	-100.7%	-1,000	150,000	-195,000	-349,000	72,000	117,000	24,000	-6,000	49,000	23,000	28,000	60,000	42,000	5,000	15,000	41,000	28,000	47,000	77,000	46,000	28,000
Earnings Before Taxes	321.8%	33,343,000	-15,030,000	-15,957,000	-8,415,000	-4,286,000	-1,000	-2,175,000	-11,529,000	-10,412,000	-19,991,000	-12,896,000	-8,846,000	-9,374,000	-15,712,000	-14,331,000	-17,493,000	-4,298,000	-7,633,000	-4,004,000	-4,112,000	-7,040,000
EBT Margin	85.7%	-0.02	-0.14	-0.09	-0.05	-0.06	-0.09	-0.19	-0.26	-0.26	-0.27	-0.27	-0.31	-0.42	-0.37	-0.31	-0.21	-	-	-	-	-
Net Income	319.7%	33,344,000	-15,180,000	-15,762,000	-8,066,000	-4,358,000	-118,000	-2,199,000	-11,523,000	-10,461,000	-20,014,000	-12,924,000	-8,906,000	-9,416,000	-15,717,000	-14,346,000	-17,534,000	-4,326,000	-7,680,000	-4,081,000	-4,158,000	-7,068,000
Net Income Margin	86.5%	-0.02	-0.14	-0.09	-0.05	-0.06	-0.09	-0.19	-0.26	-0.26	-0.27	-0.27	-0.31	-0.42	-0.37	-0.31	-0.22	-	-	-	-	-
Free Cashflow	4606.1%	53,938,000	-1,197,000	-4,475,000	-28,160,000	-34,142,000	-12,276,000	12,201,000	6,523,000	-17,886,000	-5,991,000	-897,000	-7,848,000	4,971,000	-4,063,000	-17,460,000	839,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	15.2%	414	359	364	384	373	350	328	304	317	316	210	211	214	208	200	211	218	215	164	160	158
Current Assets	20.3%	324	270	273	284	305	275	260	239	243	256	163	166	174	171	164	175	181	177	126	120	117
Cash Equivalents	76.0%	167	95.00	78.00	45.00	37.00	20.00	39.00	33.00	64.00	124	65.00	51.00	50.00	24.00	40.00	97.00	84.00	67.00	17.00	22.00	19.00
Inventory	-9.7%	88.00	97.00	107	112	86.00	46.00	32.00	32.00	32.00	22.00	18.00	24.00	28.00	36.00	38.00	37.00	32.00	34.00	36.00	38.00	41.00
Net PPE	5.7%	47.00	45.00	45.00	45.00	42.00	39.00	31.00	29.00	29.00	28.00	29.00	26.00	21.00	17.00	16.00	16.00	17.00	17.00	17.00	18.00	19.00
Goodwill	-1.8%	19.00	20.00	19.00	20.00	4.00	4.00	-	-	-	4.00	-	-	-	-	-	-	-	-	-	-	-
Liabilities	0.8%	328	325	329	347	346	334	326	316	323	327	121	123	128	98.00	91.00	95.00	90.00	90.00	62.00	64.00	62.00
Current Liabilities	11.5%	34.00	31.00	34.00	51.00	55.00	42.00	34.00	25.00	33.00	36.00	107	108	112	28.00	20.00	24.00	20.00	19.00	21.00	20.00	25.00
Long Term Debt	0.1%	282	282	281	281	281	280	280	279	279	279	-	-	-	55.00	54.00	53.00	52.00	51.00	20.00	22.00	16.00
LT Debt, Current	-	-	-	-	-	-	-	-	-	10.00	10.00	84.00	84.00	84.00	-	-	-	-	-	3.00	1.00	8.00
LT Debt, Non Current	0.1%	282	282	281	281	281	280	280	279	279	279	-	-	-	55.00	54.00	53.00	52.00	51.00	20.00	22.00	16.00
Shareholder's Equity	151.7%	86.00	34.00	35.00	37.00	27.00	16.00	2.00	-	-	-	89.00	89.00	86.00	109	109	116	128	125	103	97.00	96.00
Retained Earnings	7.8%	-396	-430	-414	-399	-391	-386	-386	-384	-372	-362	-342	-329	-320	-314	-298	-284	-267	-262	-255	-250	-246
Additional Paid-In Capital	4.1%	483	464	451	436	418	404	390	374	367	351	432	418	407	424	408	401	395	388	358	348	343
Shares Outstanding	1.8%	28.00	27.00	27.00	27.00	26.00	26.00	25.00	25.00	25.00	24.00	24.00	24.00	24.00	23.00	23.00	23.00	-	-	-	-	-
Float	-	-	-	-	2,100	-	-	-	1,300	-	-	-	968	-	-	-	472	-	-	-	434	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	4114.4%	60,140	1,427	-1,705	-22,544	-26,560	-6,172	14,452	7,197	-14,836	-3,942	5,426	-4,388	9,369	-3,325	-16,361	964	1,845	4,494	-1,627	2,572	-731
Share Based Compensation	-4.2%	11,790	12,307	12,307	13,148	10,224	10,213	10,057	10,859	11,314	11,547	10,920	10,582	7,449	10,174	5,683	4,597	5,221	6,673	4,793	3,543	3,477
Cashflow From Investing	-64.8%	5,046	14,328	32,489	29,065	39,926	-16,495	-13,688	-22,481	-50,135	-38,030	6,071	5,048	8,269	-18,328	-42,894	11,872	13,063	-4,886	-8,639	9.00	417
Cashflow From Financing	717.6%	6,917	846	2,137	1,233	4,520	2,954	5,966	-15,679	4,611	100,685	2,518	719	8,522	5,226	1,830	930	1,916	50,359	5,044	911	1,445

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PI Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 76,825	$ 85,897
Cost of revenue	39,277	42,367
Gross profit	37,548	43,530
Operating expenses:
Research and development	22,519	22,435
Sales and marketing	10,176	9,973
General and administrative	13,365	15,564
Amortization of intangibles	1,409
Restructuring costs	1,812
Total operating expenses	49,281	47,972
Loss from operations	(11,733)	(4,442)
Other income, net	1,292	1,365
Income from settlement of litigation	45,000
Interest expense	(1,216)	(1,209)
Income (loss) before income taxes	33,343	(4,286)
Income tax benefit (expense)	1	(72)
Net income (loss)	$ 33,344	$ (4,358)
Net income (loss) per share - basic	$ 1.22	$ (0.17)
Net income (loss) per share - diluted	$ 1.10	$ (0.17)
Weighted-average shares outstanding basic	27,357	26,285
Weighted-average shares outstanding diluted	31,425	26,285

PI Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 166,852	$ 94,793
Short-term investments	7,292	18,440
Accounts receivable, net	59,384	54,919
Inventory	87,757	97,172
Prepaid expenses and other current assets	3,120	4,372
Total current assets	324,405	269,696
Property and equipment, net	47,451	44,891
Intangible assets, net	12,207	13,913
Operating lease right-of-use assets	9,107	9,735
Other non-current assets	1,370	1,478
Goodwill	19,343	19,696
Total assets	413,883	359,409
Current liabilities:
Accounts payable	9,416	8,661
Accrued compensation and employee related benefits	8,207	8,519
Accrued and other current liabilities	11,694	8,614
Current portion of operating lease liabilities	3,454	3,373
Current portion of deferred revenue	1,672	1,713
Total current liabilities	34,443	30,880
Long-term debt	282,262	281,855
Operating lease liabilities, net of current portion	8,444	9,360
Deferred tax liabilities, net	2,574	2,911
Deferred revenue, net of current portion	237	272
Total liabilities	327,960	325,278
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, $0.001 par value - 5,000 shares authorized, no shares issued and outstanding at March 31,2024 and December 31, 2023
Common stock, $0.001 par value - 495,000 shares authorized, 27,658 and 27,166 shares issued and outstanding at March 31,2024 and December 31, 2023, respectively	28	27
Additional paid-in capital	482,972	463,900
Accumulated other comprehensive income (loss)	(270)	355
Accumulated deficit	(396,807)	(430,151)
Total stockholders' equity	85,923	34,131
Total liabilities and stockholders' equity	$ 413,883	$ 359,409

About Impinj Inc

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual 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 comprise 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 and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and package tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

CEO	Dr. Chris Diorio Ph.D.
WEBSITE	impinj.com
INDUSTRY	Computer Hardware
EMPLOYEES	389

Impinj Inc Frequently Asked Questions

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What is the market capital of Impinj Inc (PI)?

As of Fri May 17 2024, market cap of Impinj Inc is 4.8 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

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You can check PI's fair value in chart for subscribers.

What is the fair value of PI stock?

You can check PI's fair value in chart for subscribers. The fair value of Impinj Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Impinj Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Impinj Inc a good stock to buy?

The fair value guage provides a quick view whether PI is over valued or under valued. Whether Impinj Inc is cheap or expensive depends on the assumptions which impact Impinj Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PI.

What is Impinj Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PI's PE ratio (Price to Earnings) is -848.1 and Price to Sales (PS) ratio is 16.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PI PE ratio will change depending on the future growth rate expectations of investors.