Impinj. which can be found using ticker (PI) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 155 and 135 with the average target price sitting at $144.14. Given that the stocks previous close was at $141.40 this would imply there is now a potential upside of 1.9%. It’s also worth noting that there is a 50 day moving average of $131.43 while the 200 day moving average is $107.59. The total market capitalization for the company now stands at $3,581m. Find out more information at: https://www.impinj.com
The potential market cap would be $3,651m based on the market consensus.
Impinj. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. 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 package tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj. was incorporated in 2000 and is headquartered in Seattle, Washington.
The company is not paying dividends at this time.
