Head to Head Survey: Impinj (NASDAQ:PI) vs. Credo Technology Group (NASDAQ:CRDO)

Impinj (NASDAQ:PI) and Credo Technology Group (NASDAQ:CRDO) are both computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, profitability, risk, institutional ownership, analyst recommendations and dividends.

Analyst Ratings

This is a summary of current ratings for Impinj and Credo Technology Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Impinj	2	2	5	0	2.33
Credo Technology Group	0	2	13	2	3.00

Impinj currently has a consensus price target of $167.63, indicating a potential upside of 64.47%. Credo Technology Group has a consensus price target of $206.33, indicating a potential upside of 105.72%. Given Credo Technology Group’s stronger consensus rating and higher probable upside, analysts plainly believe Credo Technology Group is more favorable than Impinj.

Valuation & Earnings

This table compares Impinj and Credo Technology Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Impinj	$361.08 million	8.53	-$10.85 million	($0.39)	-261.33
Credo Technology Group	$436.77 million	42.36	$52.18 million	$1.80	55.72

Credo Technology Group has higher revenue and earnings than Impinj. Impinj is trading at a lower price-to-earnings ratio than Credo Technology Group, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Impinj has a beta of 1.56, suggesting that its stock price is 56% more volatile than the S&P 500. Comparatively, Credo Technology Group has a beta of 2.67, suggesting that its stock price is 167% more volatile than the S&P 500.

Profitability

This table compares Impinj and Credo Technology Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Impinj	-3.00%	8.49%	3.11%
Credo Technology Group	31.81%	29.63%	26.20%

Institutional & Insider Ownership

80.5% of Credo Technology Group shares are owned by institutional investors. 51.0% of Impinj shares are owned by insiders. Comparatively, 11.8% of Credo Technology Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Credo Technology Group beats Impinj on 14 of the 15 factors compared between the two stocks.

About Impinj

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 and algorithms that enable its partners to solve enterprise business problems, such as 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.

About Credo Technology Group

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.