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S&P 500   5,130.95
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
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DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Detecting Cancer in Mere Seconds: Early Investment Opportunity (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NASDAQ:INDI

indie Semiconductor (INDI) Stock Price, News & Analysis

$6.77
-0.09 (-1.31%)
(As of 03/4/2024 ET)
Today's Range
$6.74
$6.98
50-Day Range
$5.93
$8.57
52-Week Range
$4.67
$11.10
Volume
2.54 million shs
Average Volume
2.74 million shs
Market Capitalization
$1.22 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.50

indie Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
99.4% Upside
$13.50 Price Target
Short Interest
Bearish
14.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of indie Semiconductor in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$2.55 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.36) to ($0.11) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.20 out of 5 stars

Computer And Technology Sector

393rd out of 599 stocks

Semiconductors & Related Devices Industry

59th out of 89 stocks


INDI stock logo

About indie Semiconductor Stock (NASDAQ:INDI)

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, 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.

INDI Stock Price History

INDI Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
indie Semiconductor: Payday Delayed
indie Semiconductor (NASDAQ:INDI) PT Lowered to $10.00 at KeyCorp
Detecting Cancer in Mere Seconds: Early Investment Opportunity
A revolutionary cancer diagnostic tool is likely to come to fruition with anticipated FDA approval expected in just months. With the ability to detect cancer's "molecular fingerprint" in just seconds, it also offers far superior accuracy to current detection methods and reduces the need for invasive biopsies.
Q4 2023 indie Semiconductor Inc Earnings Call
INDI Mar 2024 12.500 call
INDI Mar 2024 5.000 put
See More Headlines
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Company Calendar

Last Earnings
2/16/2023
Today
3/05/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:INDI
Fax
N/A
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$17.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+99.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-117,080,000.00
Pretax Margin
-71.51%

Debt

Sales & Book Value

Annual Sales
$223.17 million
Book Value
$2.12 per share

Miscellaneous

Free Float
162,448,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
1.14
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Key Executives















INDI Stock Analysis - Frequently Asked Questions

Should I buy or sell indie Semiconductor stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for indie Semiconductor in the last year. There are currently 7 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 target for 2024?

7 Wall Street analysts have issued 12-month price targets for indie Semiconductor's stock. Their INDI share price targets range from $10.00 to $17.00. On average, they anticipate the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 99.4% 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 2024?

indie Semiconductor's stock was trading at $8.11 at the start of the year. Since then, INDI stock has decreased by 16.5% and is now trading at $6.77.
View the best growth stocks for 2024 here
.

Are investors shorting indie Semiconductor?

indie Semiconductor saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 19,440,000 shares, an increase of 10.8% from the January 31st total of 17,550,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is currently 8.2 days. Approximately 14.1% of the company's 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, May 9th 2024.
View our INDI earnings forecast
.

How were indie Semiconductor's earnings last quarter?

indie Semiconductor, Inc. (NASDAQ:INDI) released its earnings results on Thursday, February, 16th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.01. The business earned $33 million during the quarter, compared to analysts' expectations of $32.92 million. indie Semiconductor had a negative trailing twelve-month return on equity of 16.78% and a negative net margin of 52.46%. The firm's revenue was up 74.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.09) earnings per share.

What guidance has indie Semiconductor issued on next quarter's earnings?

indie Semiconductor issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $55.8 million-$55.8 million, compared to the consensus revenue estimate of $76.2 million.

Who are indie Semiconductor's major shareholders?

indie Semiconductor's stock is owned by a number of retail and institutional investors. Top institutional investors include Granahan Investment Management LLC (7.32%), Vanguard Group Inc. (5.69%), Primecap Management Co. CA (2.81%), Frontier Capital Management Co. LLC (1.74%), Intrinsic Edge Capital Management LLC (1.60%) and AIGH Capital Management LLC (1.25%). Insiders that own company stock include Donald Mcclymont, Ichiro Aoki, Kanwardev Raja Singh Bal, Michael Wittmann, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INDI) was last updated on 3/5/2024 by MarketBeat.com Staff