indie Semiconductor (INDI) Stock Forecast, Price Target & Predictions
INDI Stock Forecast
indie Semiconductor stock forecast is as follows: an average price target of $9.00 (represents a 119.51% upside from INDI’s last price of $4.10) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
INDI Price Target
The average price target for indie Semiconductor (INDI) is $9.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $9.00. This represents a potential 119.51% upside from INDI's last price of $4.10.
INDI Analyst Ratings
According to 6 Wall Street analysts, indie Semiconductor's rating consensus is 'Buy'. The analyst rating breakdown for INDI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
indie Semiconductor Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 10, 2024 | Ross Seymore | Deutsche Bank | $9.00 | $6.05 | 48.64% | 119.51% |
| May 10, 2024 | John Vinh | KeyBanc | $9.00 | $6.10 | 47.55% | 119.51% |
| Apr 20, 2022 | Deutsche Bank | $13.00 | $7.20 | 80.68% | 217.07% |
The latest indie Semiconductor stock forecast, released on May 10, 2024 by Ross Seymore from Deutsche Bank, set a price target of $9.00, which represents a 48.64% increase from the stock price at the time of the forecast ($6.05), and a 119.51% increase from INDI last price ($4.10).
indie Semiconductor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $9.00 |
| Last Closing Price | $4.10 | $4.10 | $4.10 |
| Upside/Downside | -100.00% | -100.00% | 119.51% |
In the current month, the average price target of indie Semiconductor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to indie Semiconductor's last price of $4.10. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Benchmark | Buy | Buy | Hold |
| May 10, 2024 | Deutsche Bank | Buy | Buy | Hold |
| May 10, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Feb 14, 2023 | B. Riley Securities | Buy | Upgrade | |
| Feb 14, 2023 | Oppenheimer | Perform | Downgrade | |
| Feb 14, 2023 | BTIG | Market Perform | Downgrade | |
| Feb 14, 2023 | Credit Suisse | Neutral | Downgrade |
indie Semiconductor's last stock rating was published by Benchmark on Sep 10, 2024. The company gave INDI a "Buy" rating, the same as its previous rate.
indie Semiconductor Financial Forecast
indie Semiconductor Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $60.48M | $52.11M | $40.45M | $33.03M | $30.02M | $25.75M | $22.00M | $19.49M | $12.16M | $9.18M | $8.11M |
| Avg Forecast | $128.37M | $119.00M | $107.53M | $99.50M | $93.16M | $79.88M | $68.02M | $61.43M | $58.21M | $53.66M | $53.61M | $56.14M | $72.62M | $60.02M | $51.97M | $40.00M | $32.92M | $29.98M | $25.56M | $21.64M | $18.23M | $11.94M | $8.97M | $8.10M |
| High Forecast | $133.86M | $124.09M | $112.14M | $103.76M | $97.14M | $83.30M | $70.93M | $64.32M | $58.28M | $54.49M | $53.61M | $56.14M | $73.13M | $60.02M | $54.19M | $41.71M | $34.33M | $29.98M | $25.56M | $21.64M | $18.23M | $11.94M | $8.97M | $8.10M |
| Low Forecast | $121.42M | $112.56M | $101.72M | $94.12M | $88.12M | $75.56M | $64.34M | $58.47M | $58.08M | $52.83M | $53.61M | $56.14M | $72.43M | $60.02M | $49.15M | $37.84M | $31.14M | $29.98M | $25.56M | $21.64M | $18.23M | $11.94M | $8.97M | $8.10M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.01% | 1.00% | 1.00% | 1.01% | 1.02% | 1.07% | 1.02% | 1.02% | 1.00% |
indie Semiconductor's average Quarter revenue forecast for Dec 23 based on 5 analysts is $72.62M, with a low forecast of $72.43M, and a high forecast of $73.13M. INDI's average Quarter revenue forecast represents a 20.08% increase compared to the company's last Quarter revenue of $60.48M (Sep 23).
indie Semiconductor EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-34.98M | $-40.73M | $-34.56M | $-26.32M | $-25.22M | $-29.79M | $-28.43M | $12.01M | $-78.51M | $6.74M | $12.09M |
| Avg Forecast | $-65.82M | $-61.02M | $-55.14M | $-51.02M | $-47.77M | $-40.96M | $-34.88M | $-31.50M | $-29.85M | $-27.51M | $-27.49M | $-28.79M | $-37.24M | $-30.77M | $-26.65M | $-20.51M | $-16.88M | $-19.03M | $-16.23M | $18.91M | $-11.58M | $-7.58M | $-5.69M | $-5.14M |
| High Forecast | $-62.26M | $-57.72M | $-52.15M | $-48.26M | $-45.18M | $-38.74M | $-32.99M | $-29.98M | $-29.78M | $-27.09M | $-27.49M | $-28.79M | $-37.14M | $-30.77M | $-25.20M | $-19.40M | $-15.97M | $-19.03M | $-16.23M | $22.69M | $-11.58M | $-7.58M | $-5.69M | $-5.14M |
| Low Forecast | $-68.64M | $-63.63M | $-57.50M | $-53.20M | $-49.81M | $-42.71M | $-36.37M | $-32.98M | $-29.89M | $-27.94M | $-27.49M | $-28.79M | $-37.50M | $-30.77M | $-27.79M | $-21.39M | $-17.60M | $-19.03M | $-16.23M | $15.13M | $-11.58M | $-7.58M | $-5.69M | $-5.14M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.53% | 1.69% | 1.56% | 1.33% | 1.84% | -1.50% | -1.04% | 10.36% | -1.18% | -2.35% |
3 analysts predict INDI's average Quarter EBITDA for Mar 22 to be $18.91M, with a high of $22.69M and a low of $15.13M. This is 57.45% upper than indie Semiconductor's previous annual EBITDA (Dec 21) of $12.01M.
indie Semiconductor Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-17.10M | $-13.13M | $-81.97M | $-22.26M | $-45.43M | $-5.30M | $10.83M | $-1.93M | $-79.65M | $6.15M | $10.81M |
| Avg Forecast | $19.15M | $14.96M | $11.37M | $7.78M | $5.13M | $-769.30K | $-6.41M | $-9.74M | $-12.56M | $-15.90M | $-16.58M | $-14.36M | $-1.65M | $-14.06M | $-16.15M | $-19.15M | $-16.15M | $-18.43M | $-21.17M | $11.74M | $-14.58M | $-18.96M | $12.65M | $-8.51M |
| High Forecast | $20.21M | $15.79M | $12.00M | $8.21M | $5.41M | $-715.19K | $-5.96M | $-6.50M | $-11.68M | $-14.78M | $-15.41M | $-13.35M | $-1.53M | $-13.07M | $-15.02M | $-17.80M | $-15.02M | $-18.43M | $-21.17M | $14.08M | $-14.58M | $-18.96M | $15.18M | $-8.51M |
| Low Forecast | $17.80M | $13.91M | $10.57M | $7.23M | $4.77M | $-812.10K | $-6.77M | $-11.37M | $-13.26M | $-16.78M | $-17.50M | $-15.16M | $-1.74M | $-14.84M | $-17.05M | $-20.21M | $-17.05M | $-18.43M | $-21.17M | $9.39M | $-14.58M | $-18.96M | $10.12M | $-8.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.81% | 4.28% | 1.38% | 2.46% | 0.25% | 0.92% | 0.13% | 4.20% | 0.49% | -1.27% |
indie Semiconductor's average Quarter net income forecast for Jun 22 is $-21.17M, with a range of $-21.17M to $-21.17M. INDI's average Quarter net income forecast represents a -295.39% decrease compared to the company's last Quarter net income of $10.83M (Mar 22).
indie Semiconductor SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $19.84M | $18.64M | $16.81M | $12.54M | $10.68M | $12.09M | $12.64M | $14.80M | $11.44M | $8.88M | $2.69M |
| Avg Forecast | $46.01M | $42.65M | $38.54M | $35.66M | $33.39M | $28.63M | $24.38M | $22.02M | $20.87M | $19.23M | $19.22M | $20.12M | $26.03M | $21.51M | $18.63M | $14.34M | $11.80M | $10.75M | $9.16M | $13.70M | $6.54M | $4.28M | $3.21M | $2.90M |
| High Forecast | $47.98M | $44.48M | $40.19M | $37.19M | $34.82M | $29.86M | $25.43M | $23.05M | $20.89M | $19.53M | $19.22M | $20.12M | $26.21M | $21.51M | $19.42M | $14.95M | $12.31M | $10.75M | $9.16M | $16.43M | $6.54M | $4.28M | $3.21M | $2.90M |
| Low Forecast | $43.52M | $40.35M | $36.46M | $33.73M | $31.58M | $27.08M | $23.06M | $20.96M | $20.82M | $18.94M | $19.22M | $20.12M | $25.96M | $21.51M | $17.62M | $13.56M | $11.16M | $10.75M | $9.16M | $10.96M | $6.54M | $4.28M | $3.21M | $2.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.00% | 1.17% | 1.06% | 0.99% | 1.32% | 0.92% | 2.26% | 2.67% | 2.76% | 0.93% |
indie Semiconductor's average Quarter SG&A projection for Dec 23 is $26.03M, based on 5 Wall Street analysts, with a range of $25.96M to $26.21M. The forecast indicates a 31.19% rise compared to INDI last annual SG&A of $19.84M (Sep 23).
indie Semiconductor EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.12 | $-0.09 | $-0.62 | $-0.18 | $-0.38 | $-0.05 | $0.10 | $-0.02 | $-0.83 | $0.13 | $0.05 |
| Avg Forecast | $0.11 | $0.08 | $0.06 | $0.04 | $0.03 | $-0.00 | $-0.04 | $-0.05 | $-0.07 | $-0.09 | $-0.09 | $-0.08 | $-0.01 | $-0.08 | $-0.09 | $-0.11 | $-0.09 | $-0.11 | $-0.12 | $-0.12 | $-0.09 | $-0.11 | $-0.07 | $-0.05 |
| High Forecast | $0.11 | $0.09 | $0.07 | $0.05 | $0.03 | $-0.00 | $-0.03 | $-0.04 | $-0.07 | $-0.08 | $-0.09 | $-0.07 | $-0.01 | $-0.07 | $-0.08 | $-0.10 | $-0.08 | $-0.11 | $-0.12 | $-0.12 | $-0.09 | $-0.11 | $-0.07 | $-0.05 |
| Low Forecast | $0.10 | $0.08 | $0.06 | $0.04 | $0.03 | $-0.00 | $-0.04 | $-0.06 | $-0.07 | $-0.09 | $-0.10 | $-0.08 | $-0.01 | $-0.08 | $-0.10 | $-0.11 | $-0.10 | $-0.11 | $-0.12 | $-0.12 | $-0.09 | $-0.11 | $-0.07 | $-0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.53% | 1.03% | 5.81% | 2.00% | 3.51% | 0.36% | -0.83% | 0.23% | 7.45% | -1.95% | -1.07% |
According to 3 Wall Street analysts, indie Semiconductor's projected average Quarter EPS for Jun 22 is $-0.12, with a low estimate of $-0.12 and a high estimate of $-0.12. This represents a -224.39% decrease compared to INDI previous annual EPS of $0.10 (Mar 22).
indie Semiconductor Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ACLS | Axcelis | $74.83 | $174.00 | 132.53% | Buy |
| INDI | indie Semiconductor | $4.39 | $9.00 | 105.01% | Buy |
| AEHR | Aehr Test Systems | $14.54 | $25.00 | 71.94% | Buy |
| CAMT | Camtek | $76.68 | $119.50 | 55.84% | Buy |
| ENTG | Entegris | $109.36 | $142.75 | 30.53% | Buy |
| KLIC | Kulicke and Soffa Industries | $49.83 | $65.00 | 30.44% | Hold |
| KLAC | KLA | $654.88 | $822.50 | 25.60% | Buy |
| LRCX | Lam Research | $77.81 | $96.00 | 23.38% | Buy |
| TER | Teradyne | $128.01 | $148.38 | 15.91% | Buy |
| NVMI | Nova | $197.65 | $224.00 | 13.33% | Buy |
| COHU | Cohu | $27.41 | $30.00 | 9.45% | Buy |
| PLAB | Photronics | $26.23 | $25.50 | -2.78% | Buy |