indie Semiconductor (INDI) Expected to Announce Earnings on Monday

indie Semiconductor (NASDAQ:INDI - Get Free Report) is anticipated to post 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 announced its quarterly earnings data on Thursday, February 20th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate 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 INDI remained flat at $2.33 during midday trading on Friday. The stock had a trading volume of 3,208,899 shares, compared to its average volume of 3,699,274. The firm has a market cap of $485.79 million, a P/E ratio of -3.07 and a beta of 2.01. The business has a 50-day simple moving average of $2.14 and a 200 day simple moving average of $3.45. indie Semiconductor has a 52 week low of $1.53 and a 52 week high of $7.82. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.39.

Analysts Set New Price Targets

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

Insider Activity

In related news, COO Michael Wittmann sold 13,570 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $2.90, for a total value of $39,353.00. Following the sale, the chief operating officer now directly owns 67,012 shares in the company, valued at $194,334.80. This trade represents a 16.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Donald Mcclymont sold 50,000 shares of indie Semiconductor stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $3.12, for a total transaction of $156,000.00. Following the transaction, the chief executive officer now directly owns 65,932 shares in the company, valued at $205,707.84. The trade was a 43.13 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 146,277 shares of company stock worth $434,192. Corporate insiders own 8.20% of the company's stock.

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.