indie Semiconductor (INDI) to Release Quarterly Earnings on Thursday

indie Semiconductor (NASDAQ:INDI - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $51.40 million for the quarter. indie Semiconductor has set its Q2 2025 guidance at EPS.

indie Semiconductor (NASDAQ:INDI - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). indie Semiconductor had a negative net margin of 62.64% and a negative return on equity of 27.25%. The business had revenue of $54.08 million for the quarter, compared to the consensus estimate of $54.94 million. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. The company's revenue for the quarter was up 3.2% on a year-over-year basis. 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

NASDAQ:INDI traded down $0.17 during trading hours on Friday, hitting $3.74. 3,378,890 shares of the stock traded hands, compared to its average volume of 4,103,017. The company has a market cap of $794.79 million, a price-to-earnings ratio of -4.99 and a beta of 2.23. The company has a quick ratio of 4.64, a current ratio of 5.30 and a debt-to-equity ratio of 0.85. indie Semiconductor has a 1 year low of $1.53 and a 1 year high of $5.57. The stock has a 50 day moving average price of $3.56 and a 200 day moving average price of $3.07.

Insider Buying and Selling at indie Semiconductor

In other indie Semiconductor news, COO Michael Wittmann sold 13,725 shares of indie Semiconductor stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $2.59, for a total transaction of $35,547.75. Following the completion of the transaction, the chief operating officer directly owned 101,662 shares of the company's stock, valued at $263,304.58. The trade was a 11.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sonalee Elizabeth Parekh sold 11,841 shares of indie Semiconductor stock in a transaction on Monday, June 16th. The stock was sold at an average price of $3.42, for a total transaction of $40,496.22. Following the transaction, the director directly owned 119,857 shares of the company's stock, valued at $409,910.94. The trade was a 8.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 43,823 shares of company stock valued at $128,088 over the last ninety days. 5.60% of the stock is owned by insiders.

Institutional Trading of indie Semiconductor

A number of large investors have recently made changes to their positions in INDI. Royal Bank of Canada boosted its stake in shares of indie Semiconductor by 309.7% during the first quarter. Royal Bank of Canada now owns 551,007 shares of the company's stock valued at $1,122,000 after purchasing an additional 416,519 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of indie Semiconductor by 42.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,002,253 shares of the company's stock valued at $2,040,000 after purchasing an additional 298,339 shares during the period. Finally, Millennium Management LLC lifted its stake in indie Semiconductor by 456.6% in the first quarter. Millennium Management LLC now owns 3,702,671 shares of the company's stock worth $7,535,000 after acquiring an additional 3,037,435 shares during the period. 67.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on INDI. KeyCorp reduced their price objective on shares of indie Semiconductor from $7.00 to $6.00 and set an "overweight" rating on the stock in a research report on Tuesday, May 13th. Benchmark reiterated a "buy" rating and set a $8.00 price objective (up previously from $6.00) on shares of indie Semiconductor in a research report on Wednesday, June 25th. Craig Hallum reduced their price target on shares of indie Semiconductor from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday, May 13th. Finally, B. Riley restated a "buy" rating on shares of indie Semiconductor in a research report on Thursday, April 24th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $6.08.

About indie Semiconductor

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.