indie Semiconductor (INDI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $4.05 to $4.31
• 50-Day Range: $3.31 to $5.48
• 52-Week Range: $3.16 to $8.69
• Volume: 4.51 million shs
• Average Volume: 3.26 million shs
• Market Capitalization: $827.86 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.92
• Consensus Rating: Buy

indie Semiconductor Stock Analysis - MarketRank™

indie Semiconductor scored higher than 46% of companies evaluated by MarketBeat, and ranked 440th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

indie Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for indie Semiconductor are expected to grow in the coming year, from ($0.74) to ($0.54) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of indie Semiconductor is -6.12, 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 -6.12, 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 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

15.65% 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 6.3.

Change versus previous month

Short interest in indie Semiconductor has recently increased by 4.74%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

indie Semiconductor does not currently pay a dividend.

Dividend Growth

indie Semiconductor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

15.65% 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 6.3.

Change versus previous month

Short interest in indie Semiconductor has recently increased by 4.74%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.43

News Sentiment

indie Semiconductor has a news sentiment score of 0.43. 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 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for indie Semiconductor this week, compared to 4 articles on an average week.

Search Interest

26 people have searched for INDI on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added indie Semiconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $1,174,446.00 in company stock.

Percentage Held by Insiders

Only 8.20% 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.

INDI Stock Analysis - Frequently Asked Questions

How have INDI shares performed this year?

indie Semiconductor's stock was trading at $8.11 on January 1st, 2024. Since then, INDI stock has decreased by 49.4% and is now trading at $4.10.
View the best growth stocks for 2024 here.

How were indie Semiconductor's earnings last quarter?

indie Semiconductor, Inc. (NASDAQ:INDI) announced its quarterly earnings data on Thursday, August, 8th. The company reported ($0.09) EPS for the quarter, hitting analysts' consensus estimates of ($0.09). The firm's quarterly revenue was up .6% compared to the same quarter last year.

Who are indie Semiconductor's major shareholders?

Top institutional shareholders of indie Semiconductor include Primecap Management Co. CA (12.90%), Bamco Inc. NY (7.72%), State Street Corp (3.60%) and Geode Capital Management LLC (2.00%). Insiders that own company stock include Thomas Schiller, Sonalee Elizabeth Parekh, Steven Machuga, Michael Wittmann, Ichiro Aoki, Donald Mcclymont, Kanwardev Raja Singh Bal and Scott David Kee.
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.

What other stocks do shareholders of indie Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that indie Semiconductor investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Block (SQ), CrowdStrike (CRWD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:INDI
• CUSIP: N/A
• CIK: 1841925
• Web: www.indiesemi.com
• Phone: 949-608-0854
• Fax: N/A
• Employees: 400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.92
• High Stock Price Target: $13.50
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +117.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.67)
• 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: -49.88%
• Pretax Margin: -55.77%
• Return on Equity: -24.04%
• Return on Assets: -14.42%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 2.39
• Quick Ratio: 1.87

Sales & Book Value

• Annual Sales: $228.81 million
• Price / Sales: 3.62
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.62 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 201,916,000
• Free Float: 185,359,000
• Market Cap: $827.86 million
• Optionable: Optionable
• Beta: 1.37