NASDAQ:INDI

indie Semiconductor (INDI) Stock Price, News & Analysis

$6.33
+0.20 (+3.26%)
(As of 05/17/2024 ET)
Today's Range
$6.06
$6.43
50-Day Range
$5.11
$7.20
52-Week Range
$4.67
$10.85
Volume
3.05 million shs
Average Volume
2.74 million shs
Market Capitalization
$1.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.64

indie Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
99.7% Upside
$12.64 Price Target
Short Interest
Bearish
17.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of indie Semiconductor in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$1.08 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to ($0.18) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Computer And Technology Sector

437th out of 596 stocks

Semiconductors & Related Devices Industry

69th out of 90 stocks

INDI stock logo

About indie Semiconductor Stock (NASDAQ:INDI)

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.

INDI Stock Price History

INDI Stock News Headlines

indie Semiconductor: A Close Look At Profitability
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Company Calendar

Last Earnings
2/22/2024
Today
5/17/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:INDI
Fax
N/A
Employees
900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.64
High Stock Price Target
$17.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+99.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-117,620,000.00
Pretax Margin
-35.32%

Debt

Sales & Book Value

Annual Sales
$223.17 million
Book Value
$2.52 per share

Miscellaneous

Free Float
165,080,000
Market Cap
$1.16 billion
Optionable
Optionable
Beta
1.21
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Key Executives


INDI Stock Analysis - Frequently Asked Questions

Should I buy or sell indie Semiconductor stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for indie Semiconductor in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" INDI shares.
View INDI analyst ratings
or view top-rated stocks.

What is indie Semiconductor's stock price target for 2024?

7 brokers have issued 12 month price objectives for indie Semiconductor's shares. Their INDI share price targets range from $9.00 to $17.00. On average, they anticipate the company's stock price to reach $12.64 in the next year. This suggests a possible upside of 99.7% from the stock's current price.
View analysts price targets for INDI
or view top-rated stocks among Wall Street analysts.

How have INDI shares performed in 2024?

indie Semiconductor's stock was trading at $8.11 on January 1st, 2024. Since then, INDI stock has decreased by 21.9% and is now trading at $6.33.
View the best growth stocks for 2024 here
.

When is indie Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our INDI earnings forecast
.

How were indie Semiconductor's earnings last quarter?

indie Semiconductor, Inc. (NASDAQ:INDI) issued its earnings results on Thursday, February, 22nd. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.09) by $0.04. The company had revenue of $70.13 million for the quarter, compared to analyst estimates of $72.69 million. indie Semiconductor had a negative trailing twelve-month return on equity of 21.08% and a negative net margin of 32.12%.

What guidance has indie Semiconductor issued on next quarter's earnings?

indie Semiconductor issued an update on its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $52.4 million-$55.0 million, compared to the consensus revenue estimate of $60.7 million.

Who are indie Semiconductor's major shareholders?

indie Semiconductor's stock is owned by a number of institutional and retail investors. Top institutional investors include Bamco Inc. NY (7.80%), Vanguard Group Inc. (5.79%), Hood River Capital Management LLC (1.97%), Clearbridge Investments LLC (0.90%), Mirae Asset Global Investments Co. Ltd. (0.71%) and General American Investors Co. Inc. (0.38%). Insiders that own company stock include Donald Mcclymont, Ichiro Aoki, Kanwardev Raja Singh Bal, Michael Wittmann, Scott David Kee, Sonalee Elizabeth Parekh, Steven Machuga and Thomas Schiller.
View institutional ownership trends
.

How do I buy shares of indie Semiconductor?

Shares of INDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INDI) was last updated on 5/18/2024 by MarketBeat.com Staff

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