NASDAQ:INDI indie Semiconductor (INDI) Stock Forecast, Price & News $6.35 +0.28 (+4.61%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$6.05▼$6.3650-Day Range$6.07▼$9.4852-Week Range$5.66▼$11.12Volume2.46 million shsAverage Volume2.09 million shsMarket Capitalization$1.05 billionP/E RatioN/ADividend YieldN/APrice Target$13.92 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media indie Semiconductor MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside119.2% Upside$13.92 Price TargetShort InterestBearish14.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 5 Articles This WeekInsider TradingSelling Shares$701,450 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.61) to ($0.15) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsComputer And Technology Sector319th out of 604 stocksSemiconductors & Related Devices Industry49th out of 88 stocks 4.5 Analyst's Opinion Consensus Ratingindie Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.92, indie Semiconductor has a forecasted upside of 119.2% from its current price of $6.35.Amount of Analyst Coverageindie Semiconductor has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted14.36% of the float of indie Semiconductor has been sold short.Short Interest Ratio / Days to Coverindie Semiconductor has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in indie Semiconductor has recently increased by 16.27%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend Yieldindie Semiconductor does not currently pay a dividend.Dividend Growthindie Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INDI. Previous Next 2.1 News and Social Media Coverage News Sentimentindie Semiconductor has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for indie Semiconductor this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for INDI on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added indie Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, indie Semiconductor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $701,450.00 in company stock.Percentage Held by InsidersOnly 9.90% of the stock of indie Semiconductor is held by insiders.Percentage Held by Institutions62.23% of the stock of indie Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for indie Semiconductor are expected to grow in the coming year, from ($0.61) to ($0.15) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of indie Semiconductor is -5.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of indie Semiconductor is -5.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share Ratioindie Semiconductor has a P/B Ratio of 3.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About indie Semiconductor (NASDAQ:INDI) Stockindie 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, rest of Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.Read More INDI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INDI Stock News HeadlinesSeptember 24, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Sees Strong Trading VolumeSeptember 22, 2023 | finance.yahoo.comindie Semiconductor Commences Warrant Exchange Offer and Consent SolicitationSeptember 28, 2023 | UNKNOWN (Ad)The Bio-Tech Stock That Needs Your Attention!There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!September 20, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Given "Buy" Rating at Roth MkmSeptember 20, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Receives "Buy" Rating from BenchmarkSeptember 18, 2023 | marketwatch.comIndie Semiconductor to Buy EXALOS for $45 MillionSeptember 1, 2023 | finance.yahoo.comindie Semiconductor Expands Quality OperationsSeptember 1, 2023 | finance.yahoo.comADD MULTIMEDIA indie Semiconductor Expands Quality OperationsSeptember 28, 2023 | UNKNOWN (Ad)The Bio-Tech Stock That Needs Your Attention!There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!August 24, 2023 | msn.comCramer's Lightning Round: Indie Semiconductor is not a buyAugust 24, 2023 | seekingalpha.comindie Semiconductor: Looking Attractive With Long-Term Drivers Remaining IntactAugust 22, 2023 | finance.yahoo.comHere’s Why indie Semiconductor (INDI) Declined in Q2August 20, 2023 | msn.com1 Hot EV Chip Stock Investors Love, but Is It Really a Buy?August 14, 2023 | msn.comindie Semiconductor: Irrational DipAugust 12, 2023 | finance.yahoo.comindie Semiconductor, Inc. (NASDAQ:INDI) Q2 2023 Earnings Call TranscriptAugust 11, 2023 | msn.comDeutsche Bank Maintains Indie Semiconductor Inc - (INDI) Buy RecommendationAugust 11, 2023 | msn.comCraig-Hallum Maintains Indie Semiconductor Inc - (INDI) Buy RecommendationAugust 11, 2023 | msn.comindie Semiconductor GAAP EPS of -$0.09 beats by $0.11, revenue of $52.11M beats by $0.14MAugust 3, 2023 | finance.yahoo.comindie Semiconductor and SiLC Technologies Form Strategic Technology Partnership to Deliver World-Class FMCW LiDAR SolutionAugust 1, 2023 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Knowles (KN)July 27, 2023 | finance.yahoo.comINDI - indie Semiconductor, Inc.July 26, 2023 | finance.yahoo.comThose who invested in indie Semiconductor (NASDAQ:INDI) a year ago are up 31%July 13, 2023 | finance.yahoo.comindie Semiconductor Sets Date for Second Quarter 2023 Earnings Release and Conference CallJuly 4, 2023 | msn.comindie Semiconductor: Growing Conviction In High Growth, Profitable Autotech PlayerJune 30, 2023 | baystreet.caindie Flat on ESG ReportJune 30, 2023 | finance.yahoo.comindie Semiconductor Releases 2023 Environmental, Social and Governance (ESG) ReportJune 12, 2023 | finance.yahoo.comAnalysts Expect Breakeven For indie Semiconductor, Inc. (NASDAQ:INDI) Before LongSee More Headlines Receive INDI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for indie Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address INDI Company Calendar Last Earnings8/10/2023Today9/28/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:INDI CUSIPN/A CIK1841925 Webwww.indiesemi.com Phone949-608-0854FaxN/AEmployees600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.92 High Stock Price Forecast$17.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+119.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($1.10) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-43,400,000.00 Net Margins-91.08% Pretax Margin-102.56% Return on Equity-17.49% Return on Assets-8.98% Debt Debt-to-Equity Ratio0.41 Current Ratio2.68 Quick Ratio2.29 Sales & Book Value Annual Sales$110.80 million Price / Sales9.44 Cash FlowN/A Price / Cash FlowN/A Book Value$2.12 per share Price / Book3.00Miscellaneous Outstanding Shares164,790,000Free Float148,474,000Market Cap$1.05 billion OptionableOptionable Beta0.86 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Donald McClymont (Age 53)Co-Founder, CEO & Director Comp: $660.75kDr. Ichiro Aoki Ph.D. (Age 57)Pres & Director Comp: $354.55kMr. Thomas S. Schiller (Age 52)CFO, Exec. VP of Strategy & Sec. Comp: $425.37kMr. Kanwardev Raja Singh Bal (Age 47)Chief Accounting Officer Dr. Scott David Kee Ph.D. (Age 46)Chief Technology Officer Ms. Audrey WongChief Legal Officer & Sec.Ms. Pilar BarrigasSr. VP of Global Corp. CommunicationsMr. Paul HollingworthExec. VP of Sales & MarketingMr. Lionel FederspielExec. VP of EngineeringMr. Vincent WangExec. VP of Asia Pacific Sales & MarketingMore ExecutivesKey CompetitorsHimax TechnologiesNASDAQ:HIMXIchorNASDAQ:ICHRChipMOS TECHNOLOGIESNASDAQ:IMOSNavitas SemiconductorNASDAQ:NVTSPhotronicsNASDAQ:PLABView All CompetitorsInsiders & InstitutionsSonalee Elizabeth ParekhSold 10,700 sharesTotal: $69,550.00 ($6.50/share)Portside Wealth Group LLCBought 96,900 shares on 9/1/2023Ownership: 0.059%California State Teachers Retirement SystemBought 45,154 shares on 8/21/2023Ownership: 0.094%Osaic Holdings Inc.Sold 8,344 shares on 8/21/2023Ownership: 0.036%Legato Capital Management LLCBought 42,430 shares on 8/18/2023Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions INDI Stock - Frequently Asked Questions Should I buy or sell indie Semiconductor stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for indie Semiconductor in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" INDI shares. View INDI analyst ratings or view top-rated stocks. What is indie Semiconductor's stock price forecast for 2023? 6 brokerages have issued 12-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 $13.92 in the next year. This suggests a possible upside of 119.2% from the stock's current price. View analysts price targets for INDI or view top-rated stocks among Wall Street analysts. How have INDI shares performed in 2023? indie Semiconductor's stock was trading at $5.83 on January 1st, 2023. Since then, INDI stock has increased by 8.9% and is now trading at $6.35. View the best growth stocks for 2023 here. Are investors shorting indie Semiconductor? indie Semiconductor saw a increase in short interest in September. As of September 15th, there was short interest totaling 17,580,000 shares, an increase of 16.3% from the August 31st total of 15,120,000 shares. Based on an average trading volume of 2,220,000 shares, the days-to-cover ratio is currently 7.9 days. Approximately 14.4% of the shares of the stock are short sold. View indie Semiconductor's Short Interest. When is indie Semiconductor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our INDI earnings forecast. How were indie Semiconductor's earnings last quarter? indie Semiconductor, Inc. (NASDAQ:INDI) issued its quarterly earnings results on Thursday, August, 10th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.02. The firm earned $52.11 million during the quarter, compared to the consensus estimate of $51.98 million. indie Semiconductor had a negative net margin of 91.08% and a negative trailing twelve-month return on equity of 17.49%. What ETFs hold indie Semiconductor's stock? 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), Clough Select Equity ETF (CBSE), Clough Long/Short Equity ETF (CBLS), SPDR S&P Semiconductor ETF (XSD), Invesco Dorsey Wright Technology Momentum ETF (PTF), Direxion Moonshot Innovators ETF (MOON), Columbia Seligman Semiconductor & Technology ETF (SEMI) and Global X Autonomous & Electric Vehicles ETF (DRIV). What is indie Semiconductor's stock symbol? indie Semiconductor trades on the NASDAQ under the ticker symbol "INDI." Who are indie Semiconductor's major shareholders? indie Semiconductor's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.53%), Granahan Investment Management LLC (4.36%), State Street Corp (4.34%), Summit Partners Public Asset Management LLC (2.56%), Yiheng Capital Management L.P. (2.33%) and Soros Fund Management LLC (1.87%). 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. View institutional ownership trends. How do I buy shares of indie Semiconductor? 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. Compare Top Brokerages Here. What is indie Semiconductor's stock price today? One share of INDI stock can currently be purchased for approximately $6.35. How much money does indie Semiconductor make? indie Semiconductor (NASDAQ:INDI) has a market capitalization of $1.05 billion and generates $110.80 million in revenue each year. The company earns $-43,400,000.00 in net income (profit) each year or ($1.10) on an earnings per share basis. How many employees does indie Semiconductor have? The company employs 600 workers across the globe. How can I contact indie Semiconductor? 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. This page (NASDAQ:INDI) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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