Impinj, Inc. operates a cloud connectivity platform. 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 carton tracking to end users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
IPO Year: 2016
Exchange: NASDAQ
Website: impinj.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/18/2024 | $205.00 | Overweight | Cantor Fitzgerald |
| 7/11/2024 | $150.00 → $180.00 | Overweight | Piper Sandler |
| 5/20/2024 | $156.00 | Buy → Neutral | Goldman |
| 5/13/2024 | $135.00 → $200.00 | Buy | Jefferies |
| 4/16/2024 | $160.00 | Outperform | Evercore ISI |
| 3/14/2024 | $120.00 → $130.00 | Buy | Needham |
| 2/9/2024 | $115.00 → $120.00 | Buy | Needham |
| 1/18/2024 | $85.00 → $115.00 | Buy | Needham |
| 12/13/2023 | $100.00 | Positive | Susquehanna |
| 6/26/2023 | $45.00 | Sell | BWS Financial |
Cantor Fitzgerald initiated coverage of Impinj with a rating of Overweight and set a new price target of $205.00
Piper Sandler reiterated coverage of Impinj with a rating of Overweight and set a new price target of $180.00 from $150.00 previously
Goldman downgraded Impinj from Buy to Neutral and set a new price target of $156.00
Jefferies initiated coverage of Impinj with a rating of Buy and set a new price target of $200.00 from $135.00 previously
Evercore ISI initiated coverage of Impinj with a rating of Outperform and set a new price target of $160.00
Needham reiterated coverage of Impinj with a rating of Buy and set a new price target of $130.00 from $120.00 previously
Needham reiterated coverage of Impinj with a rating of Buy and set a new price target of $120.00 from $115.00 previously
Needham reiterated coverage of Impinj with a rating of Buy and set a new price target of $115.00 from $85.00 previously
Susquehanna initiated coverage of Impinj with a rating of Positive and set a new price target of $100.00
BWS Financial initiated coverage of Impinj with a rating of Sell and set a new price target of $45.00