ImpinjPI +4.97%75 Market Cap is $4,089.1 Mil as of Jun. 25, 2026. GuruFocus rates PI with a GF Score™ of 75/100 and a GF Value™ of $122.99 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,034 Semiconductors companies, Impinj ranks better than 77.56% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Impinj's share price for the quarter that ended in Mar. 2026 was $102.7. Impinj's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 30.5 Mil. Therefore, Impinj's market cap for the quarter that ended in Mar. 2026 was $3,128.1 Mil.
Impinj's quarterly market cap
declined
from Sep. 2025 ($5,442.2 Mil) to Dec. 2025 ($5,258.9 Mil) and
declined
from Dec. 2025 ($5,258.9 Mil) to Mar. 2026 ($3,128.1 Mil).
Impinj's annual market cap
increased
from Dec. 2023 ($2,445.8 Mil) to Dec. 2024 ($4,140.5 Mil) and
increased
from Dec. 2024 ($4,140.5 Mil) to Dec. 2025 ($5,258.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Impinj's Enterprise Value for Today is $4,224.5 Mil.
Impinj (NAS:PI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Impinj Market Cap Related Terms
Impinj Market Cap Historical Data
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The historical data trend for Impinj's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, Impinj's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Impinj Market Cap vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Impinj's Market Cap distribution charts can be found below:
* The bar in red indicates where Impinj's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Impinj's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Impinj (PI) has a Market Cap of $4,089.1 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Impinj and its competitors. According to the industry distribution chart, Impinj ranks #232 out of 1034 companies in the Semiconductors industry, placing it in the top 22.4%.
Is Impinj's Market Cap too high?
Impinj's current Market Cap is $4,089.1 Mil. The Semiconductors industry median Market Cap is 548.73. Impinj's value of $4,089.1 Mil is 645.2% above this industry median. Based on the distribution chart, Impinj ranks #232 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Impinj has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Market Cap compare to POWI and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #232 out of 1034 companies for Market Cap. This places Impinj in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 548.73. Impinj's value of $4,089.1 Mil is 645.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Semiconductors company?
The median Market Cap among Semiconductors companies is 548.73, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Impinj's current Market Cap of $4,089.1 Mil is 645.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Impinj and its competitors. For the Semiconductors industry, the median Market Cap is 548.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Market Cap is $4,089.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (PI) is currently considered Fairly Valued. The stock's GF Value™ is $122.99, compared to a current price of $134.25 — trading 9.2% above its estimated fair value. The current Market Cap is $4,089.1 Mil and 645.2% above the Semiconductors industry median of 548.73. Impinj's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Impinj (PI), the current Market Cap is $4,089.1 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Impinj (PI) Overvalued in 2026?
Based on GuruFocus' analysis, Impinj stock appears to be overvalued.
The current stock price of $134.25 is trading 9.2% above its estimated GF Value™ of $122.99.
GuruFocus considers Impinj to be Fairly Valued.
Key valuation signals for PI:
Market Cap: $4,089.1 Mil
GF Value™: $122.99 vs. price of $134.25 (9.2% above fair value)
Industry Position: 645.2% above the Semiconductors median (#232 of 1034)
No single metric tells the full story. See the PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
75GF Score
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