indie Semiconductor (INDI) Projected to Post Quarterly Earnings on Thursday

indie Semiconductor (NASDAQ:INDI - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect indie Semiconductor to post 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 posted its quarterly earnings results on Monday, May 12th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $54.08 million during the quarter, compared to the consensus estimate of $54.94 million. indie Semiconductor had a negative net margin of 62.64% and a negative return on equity of 27.25%. indie Semiconductor's revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) EPS. 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 Trading Down 4.3%

INDI traded down $0.17 during midday trading on Friday, reaching $3.74. 3,378,890 shares of the company were exchanged, compared to its average volume of 4,103,017. The company has a debt-to-equity ratio of 0.85, a quick ratio of 4.64 and a current ratio of 5.30. The company's fifty day moving average price is $3.53 and its 200 day moving average price is $3.08. indie Semiconductor has a one year low of $1.53 and a one year high of $5.57.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on INDI. B. Riley reissued a "buy" rating on shares of indie Semiconductor in a report on Thursday, April 24th. Craig Hallum decreased their price target on shares of indie Semiconductor from $8.00 to $6.00 and set a "buy" rating on the stock in a report on Tuesday, May 13th. Benchmark reiterated a "buy" rating and set a $8.00 price target (up from $6.00) on shares of indie Semiconductor in a research report on Wednesday, June 25th. Finally, KeyCorp lowered their target price on indie Semiconductor from $7.00 to $6.00 and set an "overweight" rating for the company in a research note on Tuesday, May 13th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $6.08.

Insider Activity at indie Semiconductor

In other news, COO Michael Wittmann sold 13,725 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $2.59, for a total transaction of $35,547.75. Following the sale, the chief operating officer directly owned 101,662 shares in the company, valued at approximately $263,304.58. This represents a 11.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Sonalee Elizabeth Parekh sold 11,841 shares of the business's stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $3.42, for a total value of $40,496.22. Following the transaction, the director directly owned 119,857 shares in the company, valued at approximately $409,910.94. This represents a 8.99% decrease in their position. The disclosure for this sale can be found here. Insiders sold 43,823 shares of company stock worth $128,088 over the last quarter. Insiders own 5.60% of the company's stock.

Institutional Trading of indie Semiconductor

Several institutional investors and hedge funds have recently modified their holdings of INDI. Millennium Management LLC boosted its holdings 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of indie Semiconductor by 42.4% in 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 buying an additional 298,339 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in indie Semiconductor by 309.7% in the 1st quarter. Royal Bank of Canada now owns 551,007 shares of the company's stock valued at $1,122,000 after buying an additional 416,519 shares in the last quarter. Institutional investors own 67.73% of the company's stock.

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.