NASDAQ:INDI indie Semiconductor (INDI) Stock Price, News & Analysis → Top 5 Tech Stocks to Buy for 2024 (From Daily Market Alerts) (Ad) Free INDI Stock Alerts $7.43 -0.24 (-3.13%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$7.25▼$7.6650-Day Range$5.11▼$7.8052-Week Range$4.67▼$10.85Volume1.97 million shsAverage Volume2.83 million shsMarket Capitalization$1.39 billionP/E RatioN/ADividend YieldN/APrice Target$12.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get indie Semiconductor alerts: Email Address indie Semiconductor MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside70.2% Upside$12.64 Price TargetShort InterestBearish16.34% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.00Based on 12 Articles This WeekInsider TradingSelling Shares$768,541 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.62) to ($0.34) Per ShareSee Full Details Hide Full Details 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.2.37 out of 5 starsComputer And Technology Sector396th out of 576 stocksSemiconductors & Related Devices Industry60th out of 85 stocks 3.5 Analyst's Opinion Consensus Ratingindie Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst Coverageindie Semiconductor has only been the subject of 3 research reports in the past 90 days.Read more about indie Semiconductor's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted16.34% of the float of indie Semiconductor has been sold short.Short Interest Ratio / Days to Coverindie Semiconductor has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in indie Semiconductor has recently decreased by 4.70%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend Yieldindie Semiconductor does not currently pay a dividend.Dividend Growthindie Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INDI. Previous Next 3.3 News and Social Media Coverage News Sentimentindie Semiconductor has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for indie Semiconductor this week, compared to 3 articles on an average week.Search Interest28 people have searched for INDI on MarketBeat in the last 30 days. This is an increase of 211% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added indie Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, indie Semiconductor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $768,541.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of indie Semiconductor is held by insiders.Percentage Held by Institutions67.73% of the stock of indie Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about indie Semiconductor's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for indie Semiconductor are expected to grow in the coming year, from ($0.62) to ($0.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of indie Semiconductor is -15.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of indie Semiconductor is -15.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratioindie Semiconductor has a P/B Ratio of 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about indie Semiconductor's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressWe’ve Made 1,000% … THREE Different Times in the Last Year (Here’s How)Bitcoin can and probably will hit the $1 MILLION level this decade. That’s more than 1,000% upside from these levels.But there are at least 10 different coins that I like even better. 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.Read More INDI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INDI Stock News HeadlinesMay 31, 2024 | insidertrades.comDonald Mcclymont Sells 50,000 Shares of indie Semiconductor, Inc. (NASDAQ:INDI) StockJune 5 at 7:44 AM | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Sees Large Volume IncreaseJune 5 at 2:14 AM | americanbankingnews.comindie Semiconductor Sees Unusually Large Options Volume (NASDAQ:INDI)June 4, 2024 | seekingalpha.comIndie Semiconductor: Not The Right Time To Cash OutJune 3, 2024 | fool.comWhy Indie Semiconductor Rallied TodayJune 2, 2024 | americanbankingnews.comindie Semiconductor, Inc. (NASDAQ:INDI) CEO Donald Mcclymont Sells 50,000 SharesMay 31, 2024 | americanbankingnews.comTower Semiconductor (NASDAQ:TSEM) versus indie Semiconductor (NASDAQ:INDI) Financial SurveyMay 21, 2024 | tmcnet.comExpedera Raises $20M Series B Funding Round Led By indie SemiconductorMay 15, 2024 | investorplace.comBuyout Bonanza: 7 Undervalued Gems Ripe for a Private Equity TakeoverMay 15, 2024 | businesswire.comindie Semiconductor to Participate at Upcoming Investor EventsMay 14, 2024 | fool.comWhy BigBear.ai, C3.ai, and Other Artificial Intelligence (AI) Stocks Rallied on TuesdayMay 11, 2024 | finance.yahoo.comindie Semiconductor First Quarter 2024 Earnings: US$0.19 loss per share (vs US$0.55 loss in 1Q 2023)May 10, 2024 | finance.yahoo.comIndie Semiconductor Inc (INDI) Q1 2024 Earnings: Misses Revenue Forecasts, Reports Wider LossesMay 10, 2024 | seekingalpha.comBaron Funds - indie Semiconductor: Driven By A Growing Backlog Of Design Wins And A Strong Opportunity FunnelMay 10, 2024 | msn.comindie Semiconductor, Inc. (NASDAQ:INDI) Q1 2024 Earnings Call TranscriptMay 10, 2024 | markets.businessinsider.comINDI Stock Earnings: Indie Semiconductor Misses EPS, Misses Revenue for Q1 2024May 9, 2024 | businesswire.comindie Semiconductor Reports First Quarter 2024 ResultsMay 1, 2024 | investorplace.com7 Penny Stocks That Could Make You a Fortune (If You Dare)April 30, 2024 | seekingalpha.comindie Semiconductor: A Close Look At ProfitabilityApril 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: ACM Research (ACMR), SPS Commerce (SPSC) and Silicon Motion (SIMO)April 26, 2024 | investing.comIndie Semiconductor COO sells over $9,500 in company stockApril 22, 2024 | finance.yahoo.comindie Semiconductor Launches Advanced Smart Connectivity Solutions for In-Cabin ApplicationsApril 22, 2024 | businesswire.comindie Semiconductor Launches Advanced Smart Connectivity Solutions for In-Cabin ApplicationsApril 19, 2024 | fool.comWhy Arm Holdings, Indie Semiconductor, and Logitech International All Slumped This WeekApril 15, 2024 | investorplace.com7 Stable Stocks for 50% Returns by Early 2025See More Headlines Receive INDI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for indie Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today6/08/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:INDI CUSIPN/A CIK1841925 Webwww.indiesemi.com Phone949-608-0854FaxN/AEmployees900Year FoundedN/APrice Target and Rating Average Stock Price Target$12.64 High Stock Price Target$17.00 Low Stock Price Target$9.00 Potential Upside/Downside+70.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.49) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,620,000.00 Net Margins-32.12% Pretax Margin-35.32% Return on Equity-21.08% Return on Assets-11.36% Debt Debt-to-Equity Ratio0.34 Current Ratio1.74 Quick Ratio1.49 Sales & Book Value Annual Sales$223.17 million Price / Sales6.22 Cash FlowN/A Price / Cash FlowN/A Book Value$2.62 per share Price / Book2.84Miscellaneous Outstanding Shares186,760,000Free Float171,448,000Market Cap$1.39 billion OptionableOptionable Beta1.24 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Donald McClymont (Age 54)Co-Founder, CEO & Director Comp: $419.2kDr. Ichiro Aoki Ph.D. (Age 58)President & Director Comp: $307kMr. Thomas S. Schiller (Age 53)CFO, Executive VP of Strategy & Secretary Comp: $367.34kMr. Kanwardev Raja Singh Bal (Age 47)Chief Accounting Officer Comp: $305.42kMr. Michael WittmannChief Operating OfficerDr. Scott David Kee Ph.D. (Age 47)Chief Technology Officer Comp: $211.2kMs. Audrey WongChief Legal Officer & SecretaryMs. Pilar BarrigasSenior Vice President of Global Corporate CommunicationsMr. Paul HollingworthExecutive Vice President of Sales & MarketingMr. Lionel FederspielExecutive Vice President of EngineeringMore ExecutivesKey CompetitorsAllegro MicroSystemsNASDAQ:ALGMPower IntegrationsNASDAQ:POWIFormFactorNASDAQ:FORMCredo Technology GroupNASDAQ:CRDOTower SemiconductorNASDAQ:TSEMView All CompetitorsInsiders & InstitutionsDonald McclymontSold 50,000 sharesTotal: $337,000.00 ($6.74/share)Michael WittmannSold 1,561 sharesTotal: $9,834.30 ($6.30/share)Comerica BankBought 313,504 shares on 5/17/2024Ownership: 0.172%Shaolin Capital Management LLCSold 750,000 shares on 5/17/2024Ownership: 0.000%Kennedy Capital Management LLCSold 75,834 shares on 5/16/2024Ownership: 0.363%View All Insider TransactionsView All Institutional Transactions 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 brokerages have issued 1 year 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 share price to reach $12.64 in the next twelve months. This suggests a possible upside of 70.2% 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 shares have decreased by 8.4% and is now trading at $7.43. 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) posted its quarterly earnings data on Thursday, May, 9th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.13. The business had revenue of $52.35 million for the quarter, compared to analyst estimates of $56.30 million. indie Semiconductor had a negative trailing twelve-month return on equity of 21.08% and a negative net margin of 32.12%. What ETFs hold indie Semiconductor's stock? ETFs with the largest weight of indie Semiconductor (NASDAQ:INDI) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), SPDR S&P Semiconductor ETF (XSD), Columbia Seligman Semiconductor and Technology ETF (SEMI), Direxion Moonshot Innovators ETF (MOON), SPDR S&P Kensho Smart Mobility ETF (HAIL), Fidelity Electric Vehicles and Future Transportation ETF (FDRV) and Harbor Small Cap Explorer ETF (QWST).Ranger Equity Bear ETF (HDGE). 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 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 retail and institutional investors. Top institutional shareholders 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. 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