Impinj, Inc. Common Stock
PIImpinj, Inc. (PI) specializes in RFID technology solutions, providing platforms and antennas that enable organizations to identify, locate, and authenticate items in supply chains and assets. The company's products facilitate real-time inventory tracking and data collection, supporting various industries such as retail, healthcare, logistics, and manufacturing. Impinj is known for its pioneering role in enabling wireless item intelligence through its RFID tags and readers.
Company News
Three tech stocks (Allegro Microsystems, eBay, and Impinj) experienced significant stock price drops after earnings reports, but analysts remain bullish, raising price targets and suggesting potential investment opportunities.
Impinj experienced a stock price decline despite beating Q3 earnings expectations, primarily due to soft sales guidance for the current quarter and potential Federal Reserve interest rate policy implications.
The global vehicle RFID tags market is projected to grow from USD 934.85 million in 2025 to USD 1358.48 million by 2034, with a CAGR of 4.24%. The market is driven by increasing demand for automated toll collection, fleet management, and enhanced vehicle security.
This article highlights stock picks from five of Wall Street's most accurate analysts, including Broadcom, Advanced Micro Devices, Impinj, Axcelis Technologies, and MKS Instruments.
Here is how Amtech Systems (ASYS) and Impinj (PI) have performed compared to their sector so far this year.
