PI

SellHot Air

Impinj, Inc. · Technology · United States · $5.1B cap · $74.7M/day traded

$172.23 +3.1% · close 26 Oct · scored 27 Oct

StockRank up 3.0 since 24 Oct: Momentum up 3 after a 3% price rise.

Hot Air: Rising on momentum alone: weak business, rich price.

35
StockRank
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Report expected 28 Oct: the next-year EPS estimate has fallen 0.7% over the last 14 weeks.

Quality
43
Value
13
Momentum
68

As of 27 Oct 2026, MoatMap's StockRank for Impinj, Inc. (PI) is 35/100, ranked against 24,000+ stocks in 35 markets (Quality 43, Value 13, Momentum 68, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 32.5x
ROE
-12.9%
peers 4.9%
D/E
1.2x
peers 0.3x
Dividend %
—
trailing yield

ABOUT IMPINJ, INC.

Read

Impinj, Inc. is a leading provider of RAIN RFID solutions, developing and selling chips, readers, and software to enable item-level intelligence for businesses globally. The company holds a strong market leadership position in the RAIN RFID space, benefiting from extensive intellectual property and a comprehensive platform that integrates hardware and software. Its technology is crucial for inventory management, supply chain optimization, and asset tracking across various industries.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue257.8M307.5M366.1M361.1M11.9%371.5M389.1M468.4M13.9%
EPS-0.95-1.621.46-0.37—-0.91———
Shares26.1M27.2M28.5M30.2M+15.8%30.6M———
Debt294.4M294.6M292.8M304.2M1.1%266.7M———
Equity15.6M34.1M149.9M209.2M137.6%————
Op CF0.6M-49.4M128.3M58.7M350.9%71.6M———
Inv CF-102.8M115.8M-192.6M-48.0M—————
Fin CF-2.1M8.7M15.7M-8.9M—————
Loading 1Y...
PRICE (1Y) · USD-1.2%
16317017718519215 Sep6 Oct26 Oct
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 32 weeks, 97% above that low, but not back above a rising 50-day average.

The Momentum score still reads 68: it looks back six months, so it has not caught up with this fall.

SwingsVery bumpy

Swung more than 82% of stocks we rank over the past year (70% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$172.23
RSI (14)
42.8
52-Week Range-30.3% from high
Low $87.36High $247.06

SCORE BREAKDOWN

Quality
43
ROIC
-1.9%21.9
ROE
-12.9%13.1
GP/Assets
36.0%76.6
Op. Margin
9.7%60.1
FCF/Assets
10.2%79.7
Piotroski
419.6
Int. Cover
-2.6x18.2
D/E Ratio
1.15x10.2
Current Ratio
3.28x75.7
Value
13
P/E (TTM)
—N/A
EV/EBITDA
592.7x1.3
P/FCF
92.0x18.8
P/B
22.0x3.5
P/S
13.7x10.2
Div Yield
—N/A
Momentum
68
52W High %
70%60.5
RS 6M
34%85.7
SMA 50/200
1.22x87.8
EPS Rev 4W
+0.1%66.2
EPS Rev 12W
-0.7%26.2
EPS Improve
+408%90.8
Q Growth
6%31.9

FUNDAMENTALS

Market Cap
$5.1B
P/E (Forward)
59.5x
Gross Margin
52.9%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of PI are excluded.

TickerCompanyMkt CapStockRankSignal
PIImpinj, Inc.(you)$5.1B35Sell
SYNASynaptics Incorporated$4.7B34Sell
ALGMAllegro MicroSystems, Inc.$5.9B35Sell
MXLMaxLinear, Inc.$5.8B38Hold
VSHVishay Intertechnology, Inc.$4.1B42Hold
SLABSilicon Laboratories Inc.$7.4B43Hold
SITMSiTime Corporation$13.8B27Sell
AMBQAmbiq Micro, Inc.$1.2B35Hold
LASRnLIGHT, Inc.$2.1B23Sell
POWIPower Integrations, Inc.$2.6B51Hold

Peer medians: ROE 4.9% · P/E 32.5x · Gross margin 52.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Impinj, Inc. (PI): Stock Score Summary

Impinj, Inc. (PI) has a MoatMap StockRank of 35/100 based on Quality (43/100), Value (13/100), and Momentum (68/100) factor scores. The current signal is SELL.

Impinj, Inc. is a leading provider of RAIN RFID solutions, developing and selling chips, readers, and software to enable item-level intelligence for businesses globally. The company holds a strong market leadership position in the RAIN RFID space, benefiting from extensive intellectual property and a comprehensive platform that integrates hardware and software. Its technology is crucial for inventory management, supply chain optimization, and asset tracking across various industries.

Key Financial Metrics

Price$172.23
Market Cap$5.1B
P/E (Forward)59.52
Price/Book22.04
Return on Equity-12.9%
Return on Invested Capital-1.9%
Debt/Equity1.15x
Gross Margin52.9%
Operating Margin9.7%
Revenue Growth10.7%
Free Cash Flow$55M

Impinj, Inc. operates in the Semiconductors industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Impinj, Inc.’s (PI) StockRank?
MoatMap’s StockRank for Impinj, Inc. (PI) is 35/100, with a Sell signal. It is a composite of Quality (43), Value (13), and Momentum (68), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Impinj, Inc. have an economic moat?
Impinj, Inc. (PI) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Impinj, Inc. a buy, hold, or sell?
MoatMap’s current signal for Impinj, Inc. (PI) is Sell, based on a StockRank of 35/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Impinj, Inc. in?
Impinj, Inc. (PI) operates in the Technology sector, specifically the Semiconductors industry (United States).