indie Semiconductor - INDI Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for indie Semiconductor in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" INDI shares.
View INDI analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month price objectives for indie Semiconductor's stock. Their INDI share price forecasts range from $12.00 to $17.00. On average, they predict the company's share price to reach $14.40 in the next twelve months. This suggests a possible upside of 40.4% from the stock's current price.
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indie Semiconductor's stock was trading at $5.83 at the beginning of the year. Since then, INDI shares have increased by 76.0% and is now trading at $10.26.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
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indie Semiconductor, Inc. (NASDAQ:INDI) issued its earnings results on Thursday, February, 16th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The firm earned $33 million during the quarter, compared to the consensus estimate of $32.92 million. indie Semiconductor had a negative trailing twelve-month return on equity of 19.59% and a negative net margin of 44.45%. The company's revenue for the quarter was up 74.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.09) earnings per share.

ETFs with the largest weight of indie Semiconductor (NASDAQ:INDI) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV), Changebridge Capital Sustainable Equity ETF (CBSE), Changebridge Capital Long/Short Equity ETF (CBLS), Direxion Moonshot Innovators ETF (MOON), SPDR S&P Kensho Smart Mobility ETF (HAIL), SPDR S&P Semiconductor ETF (XSD), Columbia Seligman Semiconductor and Technology ETF (SEMI) and Global X Autonomous & Electric Vehicles ETF (DRIV).

indie Semiconductor trades on the NASDAQ under the ticker symbol "INDI."

indie Semiconductor's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Soros Fund Management LLC (6.00%), Granahan Investment Management LLC (4.99%), Lord Abbett & CO. LLC (3.87%), Bamco Inc. NY (3.72%), Summit Partners Public Asset Management LLC (2.76%) and AIGH Capital Management LLC (2.10%). Insiders that own company stock include Donald Mcclymont, Ichiro Aoki, Kanwardev Raja Singh Bal, Scott David Kee, Sonalee Elizabeth Parekh, Steven Machuga and Thomas Schiller.
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Shares of INDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of INDI stock can currently be purchased for approximately $10.26.

indie Semiconductor (NASDAQ:INDI) has a market capitalization of $1.50 billion and generates $110.80 million in revenue each year. The company earns $-49,250,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis.

The company employs 400 workers across the globe.

indie Semiconductor's mailing address is 9912 GEORGETOWN PIKE SUITE D203, GREAT FALLS VA, 22066. The official website for the company is www.indiesemi.com. The company can be reached via phone at 949-608-0854 or via email at ir@indiesemi.com.