Added to YB: 2024-12-13
Pitch date: 2024-12-13
PI [bullish]
Impinj, Inc.
-3.78%
current return
Author Info
No bio for this author
Company Info
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Market Cap
$5.9B
Pitch Price
$151.04
Price Target
N/A
Dividend
N/A
EV/EBITDA
338.48
P/E
-3.2K
EV/Sales
16.65
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Impinj (PI): Leading the IoT Revolution with RFID, Poised for Long-Term Growth
PI: RFID leader w/ platform for IoT revolution. 29% CAGR since 2010, 44bn items connected in 2023 (~0.4% of opportunity). Key verticals: retail, logistics. Customers: WMT, UPS, ITX. Strong IP (NXP licensing). Risks: pricing pressure, indirect sales. Trades at 30x 2026E EBITDA. Management executing well, aiming for 20-30% growth.
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