indie Semiconductor (INDI) to Release Earnings on Monday

indie Semiconductor (NASDAQ:INDI - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $54.94 million for the quarter. indie Semiconductor has set its Q1 2025 guidance at EPS.

indie Semiconductor (NASDAQ:INDI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.08). indie Semiconductor had a negative return on equity of 28.08% and a negative net margin of 61.59%. The firm had revenue of $58.01 million for the quarter, compared to analysts' expectations of $58.20 million. On average, analysts expect indie Semiconductor to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

indie Semiconductor Price Performance

Shares of NASDAQ INDI remained flat at $2.33 during trading on Friday. 3,208,899 shares of the stock traded hands, compared to its average volume of 3,697,358. The company's 50 day moving average price is $2.14 and its two-hundred day moving average price is $3.44. The firm has a market capitalization of $485.79 million, a P/E ratio of -3.07 and a beta of 2.01. The company has a quick ratio of 1.87, a current ratio of 2.39 and a debt-to-equity ratio of 0.32. indie Semiconductor has a 12-month low of $1.53 and a 12-month high of $7.82.

Insiders Place Their Bets

In other indie Semiconductor news, CEO Donald Mcclymont sold 65,754 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $2.90, for a total transaction of $190,686.60. Following the completion of the transaction, the chief executive officer now owns 246,535 shares in the company, valued at $714,951.50. This trade represents a 21.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Michael Wittmann sold 10,875 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $2.81, for a total transaction of $30,558.75. Following the completion of the sale, the chief operating officer now directly owns 77,887 shares in the company, valued at approximately $218,862.47. This trade represents a 12.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 146,277 shares of company stock valued at $434,192 over the last ninety days. 8.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Benchmark reiterated a "buy" rating and issued a $8.00 price objective on shares of indie Semiconductor in a research note on Wednesday, April 9th. B. Riley reaffirmed a "buy" rating on shares of indie Semiconductor in a research report on Thursday, April 24th. KeyCorp cut their price objective on indie Semiconductor from $8.00 to $7.00 and set an "overweight" rating on the stock in a research report on Friday, February 21st. Finally, UBS Group started coverage on indie Semiconductor in a research report on Friday, January 24th. They set a "neutral" rating and a $4.50 target price for the company. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $7.50.

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.