Impinj, Inc. Common Stock (PI)
Impinj, 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
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.
Despite a high P/E ratio of 695, Impinj is experiencing robust order growth and record gross margins in the RFID technology sector, with analysts viewing the stock as a solid buy.
Four semiconductor companies - Lam Research, Impinj, Monolithic Power, and Cadence Design Systems - reported strong Q2 earnings, beating Wall Street expectations and receiving analyst price target upgrades.
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.