NASDAQ:INDI

indie Semiconductor (INDI) Stock Price, News & Analysis

$5.47
-0.07 (-1.26%)
(As of 04/25/2024 ET)
Today's Range
$5.24
$5.59
50-Day Range
$5.11
$7.36
52-Week Range
$4.67
$10.85
Volume
2.21 million shs
Average Volume
2.73 million shs
Market Capitalization
$1.00 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
146.8% Upside
$13.50 Price Target
Short Interest
Bearish
16.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of indie Semiconductor in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$740,444 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to ($0.18) 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.

1.96 out of 5 stars

Computer And Technology Sector

422nd out of 586 stocks

Semiconductors & Related Devices Industry

68th out of 88 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, South Korea, rest of the 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

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INDI Apr 2024 10.000 call
INDI Apr 2024 5.000 call
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/25/2024
Next Earnings (Confirmed)
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
900
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
+146.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-117,620,000.00
Pretax Margin
-59.76%

Debt

Sales & Book Value

Annual Sales
$223.17 million
Book Value
$2.62 per share

Miscellaneous

Free Float
165,080,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
1.15
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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 equities 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 equities 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 analysts have issued 12-month price targets for indie Semiconductor's shares. Their INDI share price targets range from $10.00 to $17.00. On average, they expect the company's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 146.8% 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 beginning of the year. Since then, INDI shares have decreased by 32.6% and is now trading at $5.47.
View the best growth stocks for 2024 here
.

Are investors shorting indie Semiconductor?

indie Semiconductor saw a increase in short interest in March. As of March 31st, there was short interest totaling 23,210,000 shares, an increase of 8.3% from the March 15th total of 21,430,000 shares. Based on an average trading volume of 2,430,000 shares, the days-to-cover ratio is presently 9.6 days. Approximately 15.2% 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, May 9th 2024.
View our INDI earnings forecast
.

How can I listen to indie Semiconductor's earnings call?

indie Semiconductor will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "34978665".

How were indie Semiconductor's earnings last quarter?

indie Semiconductor, Inc. (NASDAQ:INDI) released its quarterly earnings results on Thursday, February, 22nd. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.04. The business had revenue of $70.13 million for the quarter, compared to analysts' expectations of $72.69 million. indie Semiconductor had a negative trailing twelve-month return on equity of 15.84% and a negative net margin of 52.46%.

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 variety of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.30%), Allspring Global Investments Holdings LLC (0.09%), Wealth Effects LLC (0.09%), Bouvel Investment Partners LLC (0.08%), Register Financial Advisors LLC (0.07%) and Simplex Trading LLC (0.00%). 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 4/25/2024 by MarketBeat.com Staff

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