Stock Price
P/E Ratio
Volume Traded Today
Dividend
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indie Semiconductor, Inc. Market Cap
From what 7 stock analysts predict, the share price for indie Semiconductor, Inc. (INDI) might increase by 89.81% in the next year. This is based on a 12-month average estimation for INDI. Price targets go from $6 to $10. The majority of stock analysts believe INDI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedINDI 7 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect indie Semiconductor, Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on INDI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of INDI.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Suji Desilva Roth MKM | Buy | $5 | Maintains | Nov 8, 2024 |
| Cody Acree Benchmark | Buy | $9 | Reiterates | Nov 8, 2024 |
| Cody Acree Benchmark | Buy | $9 | Maintains | Nov 5, 2024 |
| Cody Acree Benchmark | Buy | $12 | Reiterates | Sep 10, 2024 |
| Ross Seymore Deutsche Bank | Buy | $7 | Maintains | Aug 9, 2024 |
| Suji Desilva Roth MKM | Buy | $7 | Maintains | Aug 9, 2024 |
| Craig Ellis B. Riley Securities | Buy | $13.5 | Reiterates | May 10, 2024 |
| Ross Seymore Deutsche Bank | Buy | $9 | Maintains | May 10, 2024 |
| John Vinh Keybanc | Overweight | $9 | Maintains | May 10, 2024 |
| John Vinh Keybanc | Overweight | $10 | Maintains | Feb 23, 2024 |
| Cody Acree Benchmark | Buy | $17 | Reiterates | Sep 19, 2023 |
| Suji Desilva Roth MKM | Buy | $15 | Reiterates | Sep 19, 2023 |
Craig-Hallum | Buy | Maintains | Aug 11, 2023 | |
B. Riley Securities | Buy | Maintains | Aug 11, 2023 | |
Deutsche Bank | Buy | Maintains | Aug 11, 2023 | |
Benchmark | Buy | Reiterates | Aug 11, 2023 | |
| Cody Acree Benchmark | Buy | $17 | Reiterates | Jun 30, 2023 |
| Cody Acree Benchmark | Buy | $17 | Reiterates | Mar 14, 2023 |
| John Vinh Keybanc | Overweight | $12 | Maintains | Feb 17, 2023 |
| Craig Ellis B. Riley Securities | Buy | $14 | Maintains | Feb 17, 2023 |
When did it IPO
2008
Staff Count
900
Country
United States
Sector/Industry
Technology/Semiconductor Equipment & Materials
CEO
Mr. Donald McClymont
Market Cap
$781.4M
In 2023, INDI generated $223.2M in revenue, which was a increase of 101.42% from the previous year. This can be seen as a signal that INDI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 03 Dec 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - Indie Semiconductor (INDI) shares dropped by 20.7% in Tuesday's trading, reflecting a significant decline in stock value.
Why It Matters - Indie Semiconductor's sharp decline signals potential issues in performance or market confidence, impacting investor sentiment and future valuations.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - indie Semiconductor plans to offer $175 million in Convertible Senior Notes due 2029 through a private offering to qualified institutional buyers, subject to market conditions.
Why It Matters - indie Semiconductor's $175 million convertible notes offering signals potential capital for growth, impacting liquidity, debt levels, and investor sentiment on future performance.
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - indie Semiconductor priced a $190 million offering of 3.50% Convertible Senior Notes due 2029, aimed at qualified institutional buyers, up from an initial amount.
Why It Matters - The pricing of $190 million in convertible senior notes indicates indie Semiconductor's growth ambitions and may affect its stock volatility and capital structure, influencing investor sentiment.
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - indie Semiconductor has launched a new safety integrated chip for vehicle powertrains, certified ASIL-D, developed with a European Tier 1 automotive integrator.
Why It Matters - The launch of the ASIL-D certified chip enhances indie Semiconductor's product offerings, strengthens partnerships, and positions the company for growth in the automotive safety market.
Mon, 25 Nov 2024
Sentiment - NEGATIVE
Source - MarketBeat
Summary - Indie Semiconductor (NASDAQ: INDI), a small-cap chip stock, has seen a significant decline, with shares down 43% in 2024.
Why It Matters - Indie Semiconductor's 43% decline in 2024 signals potential risks in the small-cap chip market, impacting investor sentiment and future valuations.
Sun, 24 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Indie Semiconductor anticipates significant growth starting in 2025, with a strategic backlog of $7.1 billion and projected revenues over $300 million, up 40%, aiming for breakeven.
Why It Matters - indie Semiconductor’s projected growth and strong backlog signal potential for increased revenues and profitability, making it an attractive prospect in the EV and AV sectors.
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