B. Riley Has Pessimistic Outlook of INDI FY2026 Earnings

indie Semiconductor, Inc. (NASDAQ:INDI - Free Report) - Equities research analysts at B. Riley lowered their FY2026 EPS estimates for indie Semiconductor in a research note issued to investors on Wednesday, October 22nd. B. Riley analyst C. Ellis now forecasts that the company will post earnings per share of ($0.33) for the year, down from their previous forecast of ($0.32). The consensus estimate for indie Semiconductor's current full-year earnings is ($0.54) per share.

Other equities analysts also recently issued reports about the stock. Weiss Ratings restated a "sell (d-)" rating on shares of indie Semiconductor in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of indie Semiconductor from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Finally, Roth Capital reaffirmed a "buy" rating and set a $8.00 target price on shares of indie Semiconductor in a report on Wednesday, October 15th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $6.25.

indie Semiconductor Stock Performance

INDI opened at $5.50 on Friday. The business has a fifty day simple moving average of $4.44 and a 200 day simple moving average of $3.54. The company has a market capitalization of $1.19 billion, a PE ratio of -6.55 and a beta of 2.33. indie Semiconductor has a 1 year low of $1.53 and a 1 year high of $6.05. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.34 and a quick ratio of 3.72.

indie Semiconductor (NASDAQ:INDI - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $51.63 million during the quarter, compared to the consensus estimate of $51.40 million. indie Semiconductor had a negative return on equity of 28.43% and a negative net margin of 71.98%.The firm's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.09) EPS. indie Semiconductor has set its Q3 2025 guidance at EPS.

Insider Buying and Selling

In other news, COO Michael Wittmann sold 20,908 shares of the company's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $3.95, for a total value of $82,586.60. Following the sale, the chief operating officer directly owned 94,005 shares of the company's stock, valued at approximately $371,319.75. This represents a 18.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Ichiro Aoki sold 8,877 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $4.22, for a total transaction of $37,460.94. Following the completion of the sale, the president directly owned 82,634 shares in the company, valued at approximately $348,715.48. This represents a 9.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 697,936 shares of company stock worth $3,207,331. Corporate insiders own 5.60% of the company's stock.

Institutional Trading of indie Semiconductor

Large investors have recently bought and sold shares of the business. Fred Alger Management LLC acquired a new stake in indie Semiconductor during the 1st quarter worth about $2,527,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in indie Semiconductor by 56.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 154,736 shares of the company's stock worth $326,000 after purchasing an additional 55,872 shares in the last quarter. Invesco Ltd. increased its holdings in indie Semiconductor by 105.4% in the first quarter. Invesco Ltd. now owns 191,717 shares of the company's stock worth $390,000 after purchasing an additional 98,389 shares in the last quarter. Signaturefd LLC increased its holdings in indie Semiconductor by 145.7% in the second quarter. Signaturefd LLC now owns 11,457 shares of the company's stock worth $41,000 after purchasing an additional 6,794 shares in the last quarter. Finally, Ballentine Partners LLC bought a new stake in indie Semiconductor in the second quarter worth approximately $69,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

indie Semiconductor Company Profile

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.

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