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 93.55% upside from INDI’s last price of $4.65) 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 93.55% upside from INDI's last price of $4.65.
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 | - | - | 48.64% | 93.55% |
| May 10, 2024 | John Vinh | KeyBanc | - | - | 47.55% | 93.55% |
| Apr 20, 2022 | Deutsche Bank | - | - | 80.68% | 179.57% |
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 93.55% increase from INDI last price ($4.65).
indie Semiconductor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $9.00 |
| Last Closing Price | $4.65 | $4.65 | $4.65 |
| Upside/Downside | -100.00% | -100.00% | 93.55% |
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 $4.65. 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 | $94.19M | $81.33M | $70.47M | $61.62M | $58.04M | $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 | $131.50M | $121.91M | $110.16M | $101.93M | $96.49M | $83.31M | $72.19M | $63.73M | $58.11M | $54.49M | $53.61M | $56.14M | $73.13M | $60.02M | $53.24M | $40.98M | $33.73M | $29.98M | $25.56M | $21.64M | $18.23M | $11.94M | $8.97M | $8.10M |
| Low Forecast | $123.86M | $114.83M | $103.76M | $96.01M | $90.88M | $78.47M | $67.99M | $60.20M | $57.91M | $52.83M | $53.61M | $56.14M | $72.43M | $60.02M | $50.14M | $38.60M | $31.77M | $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 | $-48.29M | $-41.70M | $-36.13M | $-31.60M | $-29.76M | $-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 | $-63.51M | $-58.88M | $-53.20M | $-49.23M | $-46.60M | $-40.24M | $-34.86M | $-30.87M | $-29.69M | $-27.09M | $-27.49M | $-28.79M | $-37.14M | $-30.77M | $-25.71M | $-19.79M | $-16.29M | $-19.03M | $-16.23M | $22.69M | $-11.58M | $-7.58M | $-5.69M | $-5.14M |
| Low Forecast | $-67.43M | $-62.51M | $-56.48M | $-52.26M | $-49.47M | $-42.72M | $-37.01M | $-32.68M | $-29.80M | $-27.94M | $-27.49M | $-28.79M | $-37.50M | $-30.77M | $-27.30M | $-21.01M | $-17.29M | $-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 | $19.74M | $15.56M | $11.37M | $7.78M | $6.41M | $769.30K | $-4.62M | $-8.10M | $-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 | $20.37M | $16.05M | $11.73M | $8.02M | $6.61M | $793.72K | $-4.40M | $-7.38M | $-10.77M | $-15.17M | $-15.82M | $-13.70M | $-1.57M | $-13.42M | $-15.42M | $-18.27M | $-15.42M | $-18.43M | $-21.17M | $14.08M | $-14.58M | $-18.96M | $15.18M | $-8.51M |
| Low Forecast | $18.84M | $14.85M | $10.85M | $7.42M | $6.12M | $734.21K | $-4.76M | $-8.81M | $-14.36M | $-16.40M | $-17.10M | $-14.82M | $-1.70M | $-14.51M | $-16.67M | $-19.75M | $-16.67M | $-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 | $33.76M | $29.15M | $25.26M | $22.09M | $20.80M | $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 | $47.13M | $43.69M | $39.48M | $36.53M | $34.58M | $29.86M | $25.87M | $22.84M | $20.83M | $19.53M | $19.22M | $20.12M | $26.21M | $21.51M | $19.08M | $14.69M | $12.09M | $10.75M | $9.16M | $16.43M | $6.54M | $4.28M | $3.21M | $2.90M |
| Low Forecast | $44.40M | $41.16M | $37.19M | $34.41M | $32.58M | $28.13M | $24.37M | $21.58M | $20.76M | $18.94M | $19.22M | $20.12M | $25.96M | $21.51M | $17.97M | $13.83M | $11.39M | $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 | $0.09 | $0.06 | $0.04 | $0.04 | - | $-0.03 | $-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 | $0.04 | $0.04 | - | $-0.02 | $-0.04 | $-0.06 | $-0.08 | $-0.09 | $-0.08 | $-0.01 | $-0.07 | $-0.09 | $-0.10 | $-0.09 | $-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 | - | $-0.03 | $-0.05 | $-0.08 | $-0.09 | $-0.10 | $-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 |
|---|---|---|---|---|---|
| LRCX | Lam Research | - | - | 788.47% | Buy |
| AEHR | Aehr Test Systems | - | - | 113.68% | Buy |
| INDI | indie Semiconductor | - | - | 93.55% | Buy |
| ACLS | Axcelis | - | - | 86.95% | Buy |
| TER | Teradyne | - | - | 45.17% | Buy |
| CAMT | Camtek | - | - | 39.62% | Buy |
| ENTG | Entegris | - | - | 36.75% | Buy |
| KLIC | Kulicke and Soffa Industries | - | - | 34.13% | Hold |
| NVMI | Nova | - | - | 20.74% | Buy |
| COHU | Cohu | - | - | 14.94% | Buy |
| PLAB | Photronics | - | - | 4.34% | Buy |
| KLAC | KLA | - | - | -2.24% | Buy |