IMPINJ Inc (PI) has disclosed a new risk, in the Natural and Human Disruptions category.
IMPINJ Inc. has experienced adverse effects from the Covid-19 pandemic, which have led to economic instability and operational challenges. The company faced fluctuating product demand, supply chain disruptions resulting in delays and shortages, and difficulties in inventory management due to erratic preordering by partners. These issues were compounded by heightened operating costs, slowed research and development progress, and hurdles in maintaining workforce engagement and productivity. While the official global health emergency has concluded, the lingering threat of Covid-19 and potential future pandemics continues to cast uncertainty on IMPINJ Inc.’s market demand and operational outcomes.
The average PI stock price target is $122.57, implying 19.01% upside potential.
To learn more about IMPINJ Inc’s risk factors, click here.
