NASDAQ:INDI indie Semiconductor (INDI) Stock Forecast, Price & News $10.10 0.00 (0.00%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$10.03▼$10.2250-Day Range$7.57▼$10.1052-Week Range$5.22▼$11.12Volume1.21 million shsAverage Volume1.92 million shsMarket Capitalization$1.62 billionP/E RatioN/ADividend YieldN/APrice Target$14.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media indie Semiconductor MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.6% Upside$14.40 Price TargetShort InterestBearish11.07% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.19Based on 4 Articles This WeekInsider TradingSelling Shares$3.44 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.28) to $0.29 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.1.80 out of 5 starsComputer And Technology Sector481st out of 598 stocksSemiconductors & Related Devices Industry70th out of 87 stocks 3.5 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 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.40, indie Semiconductor has a forecasted upside of 42.6% from its current price of $10.10.Amount of Analyst Coverageindie Semiconductor has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.07% 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 6.1.Change versus previous monthShort interest in indie Semiconductor has recently increased by 0.87%, indicating that investor sentiment is decreasing. 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 1.8 News and Social Media Coverage News Sentimentindie Semiconductor has a news sentiment score of 0.19. 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 is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for indie Semiconductor this week, compared to 2 articles on an average week.Search InterestOnly 22 people have searched for INDI on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added indie Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 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 $3,437,500.00 in company stock.Percentage Held by InsidersOnly 9.90% of the stock of indie Semiconductor is held by insiders.Percentage Held by Institutions45.44% 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 ($0.28) to $0.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of indie Semiconductor is -9.62, 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 -9.62, 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 4.76. P/B Ratios above 3 indicate that a company could be overvalued 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, connected car, user experience, and electrification applications. It offers devices for a multitude of automotive applications spanning ultrasound for parking assistance, in cabin wireless charging, infotainment and LED lighting for enhancing the user experience, and telematics and cloud access for connectivity; and 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 for the laser systems, optical sensing, and optical communication markets. The company was incorporated in 2007 and is headquartered in Aliso Viejo, California.Read More 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 Stock News HeadlinesJune 7, 2023 | americanbankingnews.comThomas Schiller Sells 30,000 Shares of indie Semiconductor, Inc. (NASDAQ:INDI) StockJune 3, 2023 | fool.comIndie Semiconductor (NASDAQ: INDI)June 9, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 22, 2023 | americanbankingnews.comindie Semiconductor, Inc. (NASDAQ:INDI) President Sells $900,000.00 in StockMay 18, 2023 | benzinga.comPresident of Indie Semiconductor Sold $811K In StockMay 18, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Trading Up 3.3%May 18, 2023 | americanbankingnews.comOn Track Innovations (OTCMKTS:OTIVF) and indie Semiconductor (NASDAQ:INDI) Head to Head AnalysisMay 17, 2023 | americanbankingnews.comindie Semiconductor, Inc. to Post Q4 2023 Earnings of $0.05 Per Share, KeyCorp Forecasts (NASDAQ:INDI)June 9, 2023 | Legacy Research (Affiliate) (Ad)“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin$100 is all you need… Former Goldman Sachs managing director Dr. Nomi Prins has identified an investment she’s calling ‘the world’s hardest asset’ – and she’s recommending it to friends, family, and followers.May 16, 2023 | insidermonkey.comindie Semiconductor, Inc. (NASDAQ:INDI) Q1 2023 Earnings Call TranscriptMay 12, 2023 | msn.comindie Semiconductor Q1 Earnings: Questions SurfaceMay 12, 2023 | finance.yahoo.comQ1 2023 indie Semiconductor Inc Earnings CallMay 11, 2023 | msn.comIndie Semiconductor: Q1 Earnings InsightsMay 11, 2023 | seekingalpha.comindie Semiconductor GAAP EPS of -$0.55 misses by $0.40, revenue of $40.45M beats by $0.43MMay 11, 2023 | finance.yahoo.comindie Semiconductor Exceeds Q1 2023 Growth ExpectationsMay 10, 2023 | americanbankingnews.comindie Semiconductor (INDI) Set to Announce Quarterly Earnings on ThursdayMay 8, 2023 | msn.com3 Reasons To Buy indie Semiconductor StockMay 8, 2023 | americanbankingnews.comindie Semiconductor, Inc. (NASDAQ:INDI) CFO Sells $233,700.00 in StockMay 4, 2023 | msn.comAnalysts Estimate indie Semiconductor, Inc. (INDI) to Report a Decline in Earnings: What to Look Out forMay 1, 2023 | finance.yahoo.comindie Launches Breakthrough 120 GHz Radar TransceiverApril 29, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Shares Down 6.1% April 22, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Shares Down 3.8% April 21, 2023 | finance.yahoo.comindie Semiconductor Announces New Employee Inducement GrantsApril 20, 2023 | markets.businessinsider.comAUTOTECH VENTURES ANNOUNCES NEW $230M FUNDApril 20, 2023 | americanbankingnews.comindie Semiconductor (NASDAQ:INDI) Stock Price Up 3.6%April 19, 2023 | finance.yahoo.comindie Semiconductor, Inc.'s (NASDAQ:INDI) Share Price Matching Investor OpinionApril 14, 2023 | finance.yahoo.comindie Semiconductor Sets Date for First Quarter 2023 Earnings Release and Conference CallSee More Headlines INDI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INDI Company Calendar Last Earnings5/11/2023Today6/09/2023Next Earnings (Estimated)8/10/2023Fiscal 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/AEmployees400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.40 High Stock Price Forecast$17.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+42.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-43,400,000.00 Net Margins-102.77% Pretax Margin-118.02% Return on Equity-18.69% Return on Assets-10.40% Debt Debt-to-Equity Ratio0.44 Current Ratio2.52 Quick Ratio2.19 Sales & Book Value Annual Sales$110.80 million Price / Sales14.60 Cash FlowN/A Price / Cash FlowN/A Book Value$2.12 per share Price / Book4.76Miscellaneous Outstanding Shares160,160,000Free Float144,301,000Market Cap$1.62 billion OptionableOptionable Beta0.84 Key ExecutivesMr. Donald McClymont (Age 53)CEO & Director Comp: $254.89kDr. Ichiro Aoki Ph.D. (Age 57)Pres & Director Comp: $216.08kMr. Thomas S. Schiller (Age 52)CFO, Exec. VP of Strategy & Sec. Comp: $347.36kMr. Steven C. Machuga (Age 58)Chief Operating Officer Comp: $357.05kDr. Scott David Kee Ph.D. (Age 46)Chief Technology Officer Comp: $211.2kMs. Ellen S. Bancroft (Age 57)Gen. Counsel & Sec. Comp: $460.27kMr. Raja BalChief Accounting OfficerMs. Pilar BarrigasSr. VP of Global Corp. CommunicationsMr. Paul HollingworthExec. VP of Sales & MarketingMr. Lionel FederspielExec. VP of EngineeringMore ExecutivesKey CompetitorsUltra CleanNASDAQ:UCTTNavitas SemiconductorNASDAQ:NVTSSemtechNASDAQ:SMTCPhotronicsNASDAQ:PLABHimax TechnologiesNASDAQ:HIMXView All CompetitorsInsiders & InstitutionsThomas SchillerSold 30,000 sharesTotal: $282,300.00 ($9.41/share)Royce & Associates LPBought 80,000 shares on 5/23/2023Ownership: 0.097%Ameriprise Financial Inc.Sold 12,909 shares on 5/22/2023Ownership: 1.339%JPMorgan Chase & Co.Bought 17,896 shares on 5/18/2023Ownership: 0.169%New York State Common Retirement FundSold 12,600 shares on 5/18/2023Ownership: 0.162%View All Insider TransactionsView All Institutional Transactions INDI Stock - Frequently Asked Questions Should I buy or sell indie Semiconductor stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for indie Semiconductor in the last year. There are currently 3 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. What is indie Semiconductor's stock price forecast for 2023? 3 brokerages have issued twelve-month price objectives for indie Semiconductor's shares. Their INDI share price forecasts range from $12.00 to $17.00. On average, they predict the company's stock price to reach $14.40 in the next year. This suggests a possible upside of 42.6% 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 at the beginning of the year. Since then, INDI shares have increased by 73.2% and is now trading at $10.10. View the best growth stocks for 2023 here. When is indie Semiconductor's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our INDI earnings forecast. How were indie Semiconductor's earnings last quarter? indie Semiconductor, Inc. (NASDAQ:INDI) posted its quarterly earnings results on Thursday, May, 11th. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.02. The business earned $40.45 million during the quarter, compared to analyst estimates of $40.02 million. indie Semiconductor had a negative net margin of 102.77% and a negative trailing twelve-month return on equity of 18.69%. 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), Direxion Moonshot Innovators ETF (MOON), Changebridge Select Equity ETF (CBSE), Changebridge Long/Short Equity ETF (CBLS), SPDR S&P Kensho Smart Mobility ETF (HAIL), Columbia Seligman Semiconductor and Technology ETF (SEMI), Global X Autonomous & Electric Vehicles ETF (DRIV) and Invesco DWA Technology Momentum ETF (PTF). What guidance has indie Semiconductor issued on next quarter's earnings? indie Semiconductor updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $51.78 million-$51.78 million, compared to the consensus revenue estimate of $51.83 million. 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 a variety of institutional and retail investors. Top institutional shareholders include Granahan Investment Management LLC (4.36%), BlackRock Inc. (4.04%), State Street Corp (2.64%), Hood River Capital Management LLC (1.77%), AIGH Capital Management LLC (1.51%) and Ameriprise Financial Inc. (1.34%). 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 $10.10. How much money does indie Semiconductor make? indie Semiconductor (NASDAQ:INDI) has a market capitalization of $1.62 billion and generates $110.80 million in revenue each year. The company earns $-43,400,000.00 in net income (profit) each year or ($1.05) on an earnings per share basis. How many employees does indie Semiconductor have? The company employs 400 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 6/9/2023 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. Adding indie Semiconductor, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.