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Impinj, Inc. (PI)

被高估
TechnologySemiconductorsUnited States

基本面

45

价格

$179.96

市值

$5.48B

第一部分 · 这家公司值多少

概览

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects 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 consists of 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 that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users

P/E: 22.7Score: 69Market cap: $58.11B

NXP is the competitor Impinj names first for RAIN RFID endpoint (tag) chips, selling UHF tag ICs to the same inlay and label makers that serve retail apparel and supply-chain customers.

Shanghai Fudan Microelectronics Group Co., Ltd. (上海复旦微电子集团股份有限公司)Not tracked

Fudan Microelectronics is one of the few rivals that, like Impinj, supplies both RAIN RFID tag chips and reader chips, and it competes hardest for Chinese tag and reader manufacturers.

EM Microelectronic-Marin SA (Swatch Group)Not tracked

EM Microelectronic has produced UHF/RAIN RFID tag ICs since the 1990s and bids for the same large retail and brand-owner tagging programs Impinj targets.

Alien Technology CorporationNot tracked

Alien is a long-standing US supplier of UHF RFID tag ICs and inlays, competing with Impinj for the same label converters and logistics deployments.

Shanghai Quanray Electronics Co., Ltd. (上海坤锐电子科技有限公司)Not tracked

Quanray sells a full line of UHF RFID tag chips aimed at the same aviation, automotive and logistics tagging volumes, mainly on price in the Asian market.

Phychips Inc.Not tracked

Phychips is named by Impinj as a direct rival in reader ICs, the chips that RFID reader and handheld makers design into their equipment.

资产负债表与流动性

营收

$372M

最近12个月(截至2026/6/30)

净利润

$-27M

最近12个月(截至2026/6/30)

自由现金流

$46M

股东权益合计

$209M

负债合计

$336M

流动比率

3.28

利息覆盖率

2.02

债务/EBITDA

18.64

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

一般情形被高估

公允价值

$117.65

当前价格

$179.96

安全边际

-53.0%

公允价值区间

$76.47 - $158.83

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$180.89
现金流折现法(DCF):$38.60
市盈率法(P/E):数据不足,无法计算
格雷厄姆成长公式:数据不足,无法计算
盈利能力价值(EPV):数据不足,无法计算
合理市净率(P/B):数据不足,无法计算
股息折现模型(戈登模型):数据不足,无法计算
P/FFO(运营资金):$2.20
周期中段收益:数据不足,无法计算
市销率法(P/S):$61.16
分析师共识:强力买入 (14B / 3H / 0S)
最近财报超预期:+5.02%

估值指标

市盈率(P/E)

-

ROE

-5.2%

市净率(P/B)

23.65

P/FCF

86.97

毛利率

52.9%

ROIC

-1.2%

盈利能力雷达图

价值创造(经济护城河)

ROIC

-1.2%

WACC

14.5%

ROIC − WACC

-15.7 pp

ROIC 低于资本成本:公司每投入一美元都在毁灭价值。

基本面分析标准

通过(14)

  • EPS shows upward trend
  • Price CAGR 17.50%
  • Gross Margin 52.9%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Low reliance on intangibles
  • Revenue Growth 5Y 21.1%
  • Analyst Consensus 82% Buy
  • Earnings Surprise avg 2.5%
  • Share Dilution -0.2%
  • Piotroski F-Score 6/9

未通过(9)

  • ROIC -1.2%
  • P/FCF 86.97
  • P/B Ratio 23.65
  • Operating Margin -1.8%
  • Debt/EBITDA
  • Return on Tangible Assets
  • DCF valuation (Overvalued)
  • ROE -12.9%
  • Net Margin Trend -7.3% vs 0.2%

不可用(4)

  • Dividend Payout NaN%
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)

Piotroski F-评分

6/9

信号混杂:部分领域需关注

score
criteria

盈利质量

-

低质量:需深入审查会计处理

股权稀释

-0.2%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
Dr. Chris Diorio Ph.D.Co-Founder, Vice Chairman & CEO63
Mr. Cary L. BakerChief Financial Officer49
Ms. Denise MastersVice President of Accounting & Corporate Controller51
Mr. Alberto PesaventoChief Technology Officer-
Mr. Yukio Morikubo CPAGeneral Counsel & Chief Compliance Officer65
Jill WestVice President of Strategic Communications-
Ms. Christina BalamSenior Vice President Of Human Resources-
Mr. Gahan RichardsonExecutive VP & GM of Impinj Business Unit-
Mr. Jukka VoutilainenSenior VP & GM of Voyantic Business Unit-
Mr. Christopher HundleyExecutive Vice President of Solutions49

审计风险

3

董事会风险

4

薪酬风险

1

股东权利风险

1

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-02-09

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-07-29

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-11

    查看文件

via SEC EDGAR

损益历史

via SEC EDGAR

Latest News

Recent headlines for PI, sourced from Markets Gazette.

  • 18d agoNEUTRAL
    Previsioni prezzi crypto oggi: Pi Network, Pepe Coin, Zcash

    The cryptocurrency market experienced tension over the weekend, influenced by high crude oil prices and an upcoming Federal Reserve rate decision. Bitcoin and Ethereum were trading at $77,000 and $2,500 respectively, with the Crypto Fear and Greed Index at 68. This article focuses on Pi Network (PI), noting its recent price increase from $0.0715 to $0.097, driven by anticipation of the V27 update. This update is expected to enhance smart contract functionalities. Technical indicators suggest potential upward movement for PI, though broader market factors introduce uncertainty.

  • 23d agoPOSITIVE
    PI sale in vista del Protocol 27: può recuperare oltre $0.10?

    PI Network's native token has seen a notable surge, climbing approximately 3% in the last 24 hours to trade around $0.097. This upward momentum, which has added about 6% over the past week, is largely attributed to the upcoming mainnet upgrade, Protocol 27. The token is now approaching the significant psychological barrier of $0.10, having previously faced resistance near $0.0971 for two months. Currently trading above its 50-day exponential moving average of $0.094, PI's price action indicates growing investor interest driven by the anticipation of the Protocol 27 upgrade, a key event for the network's development and potential future value.

  • 6/6/2026NEGATIVE
    Pi Network: How A Viral Crypto Project With 60M Users Lost $18 Billion

    Pi Network (CRYPTO: PI), a cryptocurrency project boasting over 60 million users, has experienced a significant price decline, reaching a record low. While the exact valuation figures are not provided in the context of the crash, the implication is a substantial loss of market value for the digital asset. This development raises concerns about the project's stability and future prospects, potentially impacting investor confidence and the willingness of new users to engage with the platform.

  • 5/23/2026NEGATIVE
    Pi Network Price Eyes All-Time Low Despite Pivoting to AI, Smart Contracts

    Pi Network's cryptocurrency (PI) is showing signs of weakness, trading precariously close to its all-time low. This comes despite the project's strategic shift towards integrating artificial intelligence and smart contract functionalities. The inability of these new initiatives to bolster the token's price suggests a lack of market confidence or adoption. Investors are observing this trend closely, as the continued downward pressure indicates potential further declines unless a significant market catalyst emerges.

  • 3/13/2026POSITIVE
    PI Rallies 30% On Kraken Listing Before Pi Day: What Is Going On?

    Pi Network's cryptocurrency (PI) experienced a significant 30% surge in value during Asian trading hours on Friday. This rally was directly triggered by the announcement from cryptocurrency exchange Kraken that it will list PI ahead of the widely anticipated Pi Day on March 14. The listing by a major exchange like Kraken typically enhances liquidity and accessibility for a digital asset, potentially attracting new investors and increasing trading volume. This development signals growing mainstream adoption and interest in the Pi Network ecosystem.

  • 3/7/2026POSITIVE
    Pi Network’s (PI) Price Soars 16% Again as Team Reveals Distributed AI Computing Plans

    Pi Network's native cryptocurrency, PI, experienced a significant surge of 16%, building on recent upward momentum. This rally is attributed to the project's announcement of plans for distributed Artificial Intelligence (AI) computing. A recently released case study highlights the potential for Pi Network's extensive node infrastructure to support decentralized AI training and computation by leveraging idle processing power. This development positions Pi Network as a potential player in the burgeoning AI sector, offering a novel approach to resource utilization and decentralized processing, which has captured investor interest.

  • 3/5/2026NEGATIVE
    Three Reasons Why Pi Network (PI) Could Crash Again After Hitting a 3-Week High

    Despite reaching a three-week high, Pi Network (PI) faces significant downside risk according to market observers. While some speculate on a potential price explosion, the prevailing sentiment highlights reasons for a potential crash. The cryptocurrency's recent surge may be short-lived, with underlying factors suggesting a reversal is possible. Investors should exercise caution as the asset navigates this volatile period, with the possibility of a significant price decline looming despite recent gains.

  • 2/27/2026POSITIVE
    Pi Network’s Next Big Move: What Pioneers Need to Know About Its New Tokens

    Pi Network, a cryptocurrency project renowned for its mobile-first mining approach, has unveiled the introduction of new tokens, heralded as its "next big move" by co-founders. This development signals a "different approach" within its ecosystem, suggesting a significant evolution in its development strategy and value proposition for users. For investors and the network's "Pioneers," this news could imply a potential strengthening of the project's utility and appeal. While PI tokens are not yet freely tradable on the mainnet, such developments are crucial for future value perception and fostering community engagement, laying the groundwork for potential growth.

  • 2/26/2026NEUTRAL
    Urgent Pi Network (Pi) Update: What Pioneers Must Know Before the March 1 Deadline

    The Pi Network development team has announced that platform updates are actively progressing, with new features imminent and a deadline set for March 1. This communication, directly from the Core Team, underscores the continuous commitment to the project's development. For Pioneers, the network's users, it is crucial to stay informed about these evolutions, as they could influence the cryptocurrency's usability and future prospects. While specific details of the updates have not been disclosed, the announcement keeps attention high on Pi Network's roadmap, a key factor for its community awaiting the open mainnet launch.

via Markets Gazette