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 130.18% upside from INDI’s last price of $3.91) 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 130.18% upside from INDI's last price of $3.91.
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% | 130.18% |
| May 10, 2024 | John Vinh | KeyBanc | $9.00 | $6.10 | 47.55% | 130.18% |
| Apr 20, 2022 | - | Deutsche Bank | $13.00 | $7.20 | 80.68% | 232.48% |
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 130.18% increase from INDI last price ($3.91).
indie Semiconductor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $9.00 |
| Last Closing Price | $3.91 | $3.91 | $3.91 |
| Upside/Downside | -100.00% | -100.00% | 130.18% |
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 $3.91. 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 | $144.36M | $133.99M | $117.01M | $106.40M | $96.50M | $84.12M | $73.07M | $64.06M | $59.03M | $53.58M | $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 | $144.87M | $134.46M | $117.43M | $106.78M | $96.84M | $84.41M | $73.33M | $64.28M | $59.24M | $53.63M | $53.80M | $56.34M | $73.13M | $60.23M | $52.15M | $40.14M | $33.04M | $30.09M | $25.59M | $21.67M | $18.26M | $11.95M | $8.98M | $8.11M |
| Low Forecast | $142.80M | $132.54M | $115.74M | $105.25M | $95.45M | $83.20M | $72.28M | $63.36M | $58.39M | $53.53M | $53.03M | $55.54M | $72.43M | $59.37M | $51.40M | $39.57M | $32.57M | $29.66M | $25.53M | $21.61M | $18.21M | $11.92M | $8.96M | $8.09M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | 3 | 4 | 5 | 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 | $-91.64M | $-85.05M | $-74.28M | $-67.54M | $-61.26M | $-53.40M | $-46.38M | $-40.66M | $-37.47M | $-34.01M | $-34.03M | $-35.64M | $-46.10M | $-38.10M | $-32.99M | $-25.39M | $-20.90M | $-102.06M | $-16.23M | $18.91M | $-11.58M | $-7.58M | $-5.69M | $-5.14M |
| High Forecast | $-90.65M | $-84.13M | $-73.47M | $-66.81M | $-60.59M | $-52.82M | $-45.88M | $-40.22M | $-37.07M | $-33.98M | $-33.66M | $-35.25M | $-45.98M | $-37.69M | $-32.63M | $-25.12M | $-20.67M | $-81.65M | $-16.21M | $22.69M | $-11.56M | $-7.57M | $-5.69M | $-5.14M |
| Low Forecast | $-91.96M | $-85.36M | $-74.54M | $-67.78M | $-61.47M | $-53.58M | $-46.55M | $-40.81M | $-37.61M | $-34.04M | $-34.15M | $-35.77M | $-46.42M | $-38.23M | $-33.10M | $-25.48M | $-20.97M | $-122.48M | $-16.25M | $15.13M | $-11.59M | $-7.59M | $-5.70M | $-5.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.23% | 1.36% | 1.26% | 0.25% | 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 | 3 | 4 | 5 | 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 | $26.12M | $21.44M | $14.63M | $12.13M | $8.07M | $1.43M | $-3.55M | $-7.95M | $-12.97M | $-14.41M | $-15.72M | $-13.61M | $-1.56M | $-13.33M | $-15.31M | $-18.15M | $-15.31M | $-103.54M | $-21.17M | $11.74M | $-14.58M | $-18.96M | $12.65M | $-8.51M |
| High Forecast | $26.24M | $21.54M | $14.70M | $12.18M | $8.10M | $1.43M | $-3.50M | $-7.84M | $-12.78M | $-13.66M | $-15.49M | $-13.42M | $-1.54M | $-13.14M | $-15.10M | $-17.90M | $-15.10M | $-82.83M | $-21.13M | $14.08M | $-14.56M | $-18.93M | $15.18M | $-8.49M |
| Low Forecast | $25.76M | $21.14M | $14.43M | $11.95M | $7.95M | $1.41M | $-3.57M | $-7.99M | $-13.03M | $-15.15M | $-15.79M | $-13.68M | $-1.57M | $-13.39M | $-15.39M | $-18.23M | $-15.39M | $-124.25M | $-21.20M | $9.39M | $-14.60M | $-18.99M | $10.12M | $-8.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 0.86% | 4.52% | 1.45% | 0.44% | 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 $-21.20M to $-21.13M. 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 | 3 | 4 | 5 | 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 | $51.74M | $48.03M | $41.94M | $38.14M | $34.59M | $30.15M | $26.19M | $22.96M | $21.16M | $19.20M | $19.22M | $20.12M | $26.03M | $21.51M | $18.63M | $14.34M | $11.80M | $14.87M | $9.16M | $13.70M | $6.54M | $4.28M | $3.21M | $2.90M |
| High Forecast | $51.93M | $48.20M | $42.09M | $38.27M | $34.71M | $30.26M | $26.28M | $23.04M | $21.23M | $19.22M | $19.28M | $20.19M | $26.21M | $21.59M | $18.69M | $14.39M | $11.84M | $17.85M | $9.17M | $16.43M | $6.54M | $4.28M | $3.22M | $2.91M |
| Low Forecast | $51.18M | $47.51M | $41.49M | $37.72M | $34.21M | $29.82M | $25.91M | $22.71M | $20.93M | $19.19M | $19.01M | $19.91M | $25.96M | $21.28M | $18.42M | $14.18M | $11.67M | $11.90M | $9.15M | $10.96M | $6.53M | $4.27M | $3.21M | $2.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 1.00% | 1.17% | 1.06% | 0.72% | 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 | 3 | 4 | 5 | 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 | $0.15 | $0.13 | $0.09 | $0.07 | $0.05 | $0.01 | $-0.02 | $-0.05 | $-0.08 | $-0.08 | $-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 | $0.15 | $0.13 | $0.09 | $0.07 | $0.05 | $0.01 | $-0.02 | $-0.05 | $-0.08 | $-0.08 | $-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 |
| Low Forecast | $0.15 | $0.12 | $0.08 | $0.07 | $0.05 | $0.01 | $-0.02 | $-0.05 | $-0.08 | $-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 |
| 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 |
|---|---|---|---|---|---|
| INDI | indie Semiconductor | $3.91 | $9.00 | 130.18% | Buy |
| AEHR | Aehr Test Systems | $12.94 | $25.00 | 93.20% | Buy |
| KLIC | Kulicke and Soffa Industries | $40.28 | $65.00 | 61.37% | Hold |
| COHU | Cohu | $25.15 | $34.00 | 35.19% | Buy |
| ENTG | Entegris | $110.67 | $148.30 | 34.00% | Buy |
| ACLS | Axcelis | $103.27 | $137.00 | 32.66% | Buy |
| CAMT | Camtek | $81.13 | $105.43 | 29.95% | Buy |
| TER | Teradyne | $131.23 | $153.18 | 16.73% | Buy |
| LRCX | Lam Research | $769.72 | $832.05 | 8.10% | Buy |
| PLAB | Photronics | $23.65 | $25.50 | 7.82% | Buy |
| NVMI | Nova | $206.71 | $210.00 | 1.59% | Buy |
| KLAC | KLA | $751.50 | $590.28 | -21.45% | Buy |
INDI Forecast FAQ
Is indie Semiconductor a good buy?
Yes, according to 6 Wall Street analysts, indie Semiconductor (INDI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 66.67% of INDI's total ratings.
What is INDI's price target?
indie Semiconductor (INDI) average price target is $9 with a range of $9 to $9, implying a 130.18% from its last price of $3.91. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will indie Semiconductor stock go up soon?
According to Wall Street analysts' prediction for INDI stock, the company can go up by 130.18% (from the last price of $3.91 to the average price target of $9), up by 130.18% based on the highest stock price target, and up by 130.18% based on the lowest stock price target.
Can indie Semiconductor stock reach $6?
INDI's average twelve months analyst stock price target of $9 supports the claim that indie Semiconductor can reach $6 in the near future.
What are indie Semiconductor's analysts' financial forecasts?
indie Semiconductor's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $317.74M (high $318.87M, low $314.3M), average EBITDA is $-202M (high $-200M, low $-202M), average net income is $-2.01M (high $-1.805M, low $-2.197M), average SG&A $113.89M (high $114.29M, low $112.66M), and average EPS is $-0.0118 (high $-0.0106, low $-0.0129). INDI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $501.76M (high $503.54M, low $496.33M), average EBITDA is $-319M (high $-315M, low $-320M), average net income is $74.33M (high $74.67M, low $73.28M), average SG&A $179.85M (high $180.48M, low $177.9M), and average EPS is $0.437 (high $0.439, low $0.431).
Did the INDI's actual financial results beat the analysts' financial forecasts?
Based on indie Semiconductor's last annual report (Dec 2023), the company's revenue was $223.17M, which missed the average analysts forecast of $224.6M by -0.64%. Apple's EBITDA was $-135M, missing the average prediction of $-143M by -5.02%. The company's net income was $-118M, beating the average estimation of $-48.356M by 143.25%. Apple's SG&A was $70.48M, missing the average forecast of $80.51M by -12.45%. Lastly, the company's EPS was $-0.0008, missing the average prediction of $-0.284 by -99.72%. In terms of the last quarterly report (Sep 2023), indie Semiconductor's revenue was $60.48M, beating the average analysts' forecast of $60.02M by 0.77%. The company's EBITDA was $-34.98M, missing the average prediction of $-38.098M by -8.18%. indie Semiconductor's net income was $-17.097M, beating the average estimation of $-13.329M by 28.26%. The company's SG&A was $19.84M, missing the average forecast of $21.51M by -7.77%. Lastly, the company's EPS was $-0.12, beating the average prediction of $-0.0783 by 53.19%