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 twelve months. 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 brokers have issued twelve-month price objectives for indie Semiconductor's shares. Their INDI share price targets range from $10.00 to $17.00. On average, they predict the company's share price to reach $13.50 in the next year. This suggests a possible upside of 129.6% 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 2024?

indie Semiconductor's stock was trading at $8.11 at the start of the year. Since then, INDI stock has decreased by 27.5% and is now trading at $5.88. View the best growth stocks for 2024 here .

Are investors shorting indie Semiconductor?

indie Semiconductor saw a increase in short interest in the month of 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. Currently, 15.2% of the shares of the stock are sold short. 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 data 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 earned $70.13 million during the quarter, compared to the consensus estimate 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 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) , SPDR S&P Semiconductor ETF (XSD) , Clough Long/Short Equity ETF (CBLS) , Columbia Seligman Semiconductor and Technology ETF (SEMI) , Direxion Moonshot Innovators ETF (MOON) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV) . Harbor Small Cap Explorer ETF (QWST) .

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

indie Semiconductor updated 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 institutional and retail investors. Top institutional investors include Moody National Bank Trust Division (0.30%), Bouvel Investment Partners LLC (0.08%), Register Financial Advisors LLC (0.07%), Salem Investment Counselors Inc. (0.03%) and IMC Chicago 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 .

NASDAQ:INDI

indie Semiconductor (INDI) Stock Price, News & Analysis

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Free INDI Stock Alerts

$5.95

-0.05 (-0.83%)

(As of 02:40 PM ET)

Compare

Today's Range: $5.81
▼
$6.04
50-Day Range: $5.93
▼
$7.49
52-Week Range: $4.67
▼
$10.85

Volume: 1.88 million shs
Average Volume: 2.47 million shs
Market Capitalization: $1.09 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.50

Get indie Semiconductor alerts:

indie Semiconductor MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 129.6% Upside
$13.50 Price Target
Short Interest: Bearish
15.19% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 8 Articles This Week
Insider Trading: Selling Shares
$730,936 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.

1.66 out of 5 stars

Computer And Technology Sector

473rd out of 592 stocks

Semiconductors & Related Devices Industry

77th out of 88 stocks

3.5

Analyst's Opinion

Consensus Rating
indie Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
indie Semiconductor has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
15.19% of the float of indie Semiconductor has been sold short.
Short Interest Ratio / Days to Cover
indie Semiconductor has a short interest ratio ("days to cover") of 9.6.
Change versus previous month
Short interest in indie Semiconductor has recently increased by 8.31%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
indie Semiconductor does not currently pay a dividend.
Dividend Growth
indie Semiconductor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for INDI.

1.9

News and Social Media Coverage

News Sentiment
indie Semiconductor has a news sentiment score of 0.44. 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 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for indie Semiconductor this week, compared to 2 articles on an average week.
Search Interest
Only 15 people have searched for INDI on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added indie Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -46% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $730,936.00 in company stock.
Percentage Held by Insiders
Only 9.90% of the stock of indie Semiconductor is held by insiders.
Percentage Held by Institutions
67.73% of the stock of indie Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for indie Semiconductor are expected to grow in the coming year, from ($0.42) to ($0.18) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of indie Semiconductor is -6.92, 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. Sector
The P/E ratio of indie Semiconductor is -6.92, 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 Ratio
indie Semiconductor has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

INDI Stock News Headlines

March 23, 2024 | insidertrades.com

indie Semiconductor, Inc. (NASDAQ:INDI) COO Michael Wittmann Sells 1,580 Shares

April 16, 2024 | americanbankingnews.com

indie Semiconductor, Inc. (NASDAQ:INDI) Short Interest Update

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 15, 2024 | investorplace.com

7 Stable Stocks for 50% Returns by Early 2025

April 11, 2024 | businesswire.com

indie Semiconductor Sets Date for First Quarter 2024 Earnings Release and Conference Call

April 10, 2024 | investorplace.com

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April 10, 2024 | yahoo.com

University of Central Oklahoma reaches proposed settlement in Title IX class-action lawsuit

April 9, 2024 | investorplace.com

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April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 2, 2024 | msn.com

Why Aditxt Stock Is Volatile Today

April 1, 2024 | msn.com

SoundHound and indie Semiconductor: Hedge Fund Whiz Mark Coe Pours Millions Into These 2 Stocks Under $10

March 24, 2024 | morningstar.com

Thinking about buying stock in Velo3D, Nova Lifestyle, indie Semiconductor, Citius Pharmaceuticals, or Transcode Therapeutics?

March 19, 2024 | finance.yahoo.com

INDI Apr 2024 10.000 call

March 16, 2024 | ca.finance.yahoo.com

INDI Apr 2024 5.000 call

March 14, 2024 | msn.com

Hampton elementary school student dies from meningitis

March 14, 2024 | msn.com

Uber driver runs from police with customer inside, MPD says

March 13, 2024 | yahoo.com

Energy sector's methane emissions near record in 2023

March 13, 2024 | news.yahoo.com

2 killed in shooting on Turnpike Road in Portsmouth

March 13, 2024 | msn.com

Paul Alexander, polio survivor in iron lung for over 70 years, dies at 78 after Covid diagnosis

March 13, 2024 | news.yahoo.com

Skeletal remains found in car linked to Illinois cold case. Here's what we know.

March 8, 2024 | businesswire.com

indie Semiconductor Announces New Employee Inducement Grants

March 6, 2024 | finance.yahoo.com

Indie Semiconductor Inc (INDI) President Ichiro Aoki Sells 50,000 Shares

March 5, 2024 | markets.businessinsider.com

Jim Cramer: This Semiconductor Company Is 'Too Late To Auto,' But Super Micro Is 'Too Hot'

February 28, 2024 | fool.com

1 Ridiculously Cheap Semiconductor Growth Stock Under $10

February 27, 2024 | businesswire.com

indie Semiconductor to Participate at Upcoming Investor Events

February 26, 2024 | seekingalpha.com

indie Semiconductor: Payday Delayed

February 23, 2024 | marketwatch.com

Indie Semiconductor Shares Drop After 4Q Sales Miss, Weak 1Q Outlook

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NASDAQ:INDI
CUSIP: N/A
CIK: 1841925
Web: www.indiesemi.com
Phone: 949-608-0854
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: +127.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.85)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-117,620,000.00
Net Margins: -52.46%
Pretax Margin: -59.76%
Return on Equity: -15.84%
Return on Assets: -8.05%

Debt

Debt-to-Equity Ratio: 0.33
Current Ratio: 1.96
Quick Ratio: 1.72

Sales & Book Value

Annual Sales: $223.17 million
Price / Sales: 4.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.62 per share
Price / Book: 2.27

Miscellaneous

Outstanding Shares: 183,220,000
Free Float: 165,080,000
Market Cap: $1.09 billion
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. Donald McClymont (Age 54)
Co-Founder, CEO & Director
Comp: $419.2k
Dr. Ichiro Aoki Ph.D. (Age 58)
President & Director
Comp: $307k
Mr. Thomas S. Schiller (Age 53)
CFO, Executive VP of Strategy & Secretary
Comp: $367.34k
Mr. Kanwardev Raja Singh Bal (Age 47)
Chief Accounting Officer
Comp: $305.42k
Mr. Michael Wittmann
Chief Operating Officer
Dr. Scott David Kee Ph.D. (Age 47)
Chief Technology Officer
Comp: $211.2k
Ms. Audrey Wong
Chief Legal Officer & Secretary
Ms. Pilar Barrigas
Senior Vice President of Global Corporate Communications
Mr. Paul Hollingworth
Executive Vice President of Sales & Marketing
Mr. Lionel Federspiel
Executive Vice President of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 brokers have issued twelve-month price objectives for indie Semiconductor's shares. Their INDI share price targets range from $10.00 to $17.00. On average, they predict the company's share price to reach $13.50 in the next year. This suggests a possible upside of 129.6% 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 2024?: indie Semiconductor's stock was trading at $8.11 at the start of the year. Since then, INDI stock has decreased by 27.5% and is now trading at $5.88.
View the best growth stocks for 2024 here.
Are investors shorting indie Semiconductor?: indie Semiconductor saw a increase in short interest in the month of 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. Currently, 15.2% of the shares of the stock are sold short.
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 data 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 earned $70.13 million during the quarter, compared to the consensus estimate 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 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), SPDR S&P Semiconductor ETF (XSD), Clough Long/Short Equity ETF (CBLS), Columbia Seligman Semiconductor and Technology ETF (SEMI), Direxion Moonshot Innovators ETF (MOON) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV).Harbor Small Cap Explorer ETF (QWST).
What guidance has indie Semiconductor issued on next quarter's earnings?: indie Semiconductor updated 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 institutional and retail investors. Top institutional investors include Moody National Bank Trust Division (0.30%), Bouvel Investment Partners LLC (0.08%), Register Financial Advisors LLC (0.07%), Salem Investment Counselors Inc. (0.03%) and IMC Chicago 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 4/16/2024 by MarketBeat.com Staff

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indie Semiconductor (INDI) Stock Price, News & Analysis

indie Semiconductor MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About indie Semiconductor Stock (NASDAQ:INDI)

INDI Stock Price History

INDI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

INDI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™