PI vs IDCC

For growth investors, Impinj, Inc.

(PI) is the stronger pick with -1. 4% revenue growth year-over-year, versus -4. 0% for InterDigital, Inc. (IDCC). InterDigital, Inc. (IDCC) offers the better valuation at 23. 6x trailing P/E (38. 8x forward), making it the more compelling value choice. Analysts rate Impinj, Inc. (PI) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On forward P/E, InterDigital, Inc.

is actually cheaper at 38. 8x.

Over the past 5 years, InterDigital, Inc.

(IDCC) delivered a total return of +303. 1%, compared to +193. 4% for Impinj, Inc. (PI). Over 10 years, the gap is even starker: PI returned +742. 1% versus IDCC's +436. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), InterDigital, Inc.

(IDCC) is the lower-risk stock at 1. 12β versus Impinj, Inc. 's 2. 12β — meaning PI is approximately 90% more volatile than IDCC relative to the S&P 500. On balance sheet safety, InterDigital, Inc. (IDCC) carries a lower debt/equity ratio of 46% versus 156% for Impinj, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Impinj, Inc.

(PI) is pulling ahead at -1. 4% versus -4. 0% for InterDigital, Inc. (IDCC). On earnings-per-share growth, the picture is similar: InterDigital, Inc. grew EPS -2. 2% year-over-year, compared to -126. 6% for Impinj, Inc.. Over a 3-year CAGR, IDCC leads at 22. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

InterDigital, Inc.

(IDCC) is the more profitable company, earning 48. 8% net margin versus -3. 0% for Impinj, Inc. — meaning it keeps 48. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IDCC leads at 55. 3% versus -0. 2% for PI. At the gross margin level — before operating expenses — IDCC leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, InterDigital, Inc.

(IDCC) trades at 38. 8x forward P/E versus 80. 4x for Impinj, Inc. — 41. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IDCC: 52. 5% to $425. 00.

In this comparison, IDCC (0.

6% yield) pays a dividend. PI does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, InterDigital, Inc.

(IDCC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 12), 0. 6% yield, +436. 7% 10Y return). Impinj, Inc. (PI) carries a higher beta of 2. 12 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IDCC: +436. 7%, PI: +742. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

IDCC pays a dividend while PI does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.