indie Semiconductor, Inc. (INDI)
NASDAQ: INDI · IEX Real-Time Price · USD
6.25
-0.38 (-5.73%)
At close: Jul 19, 2024, 4:00 PM
6.44
+0.19 (3.04%)
Pre-market: Jul 22, 2024, 8:49 AM EDT
indie Semiconductor Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for indie Semiconductor stock have an average target of 12.58, with a low estimate of 9.00 and a high estimate of 17. The average target predicts an increase of 101.28% from the current stock price of 6.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for INDI stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Maintains $10 → $9 | Buy | Maintains | $10 → $9 | +44.00% | May 10, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $10 → $9 | Strong Buy | Maintains | $10 → $9 | +44.00% | May 10, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $14 | Strong Buy | Reiterates | $15 → $14 | +116.00% | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $12 → $10 | Buy | Maintains | $12 → $10 | +60.00% | Feb 23, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +140.00% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
263.35M
from 223.17M
Increased by 18.00%
Revenue Next Year
408.78M
from 263.35M
Increased by 55.22%
EPS This Year
-0.24
from -0.81
EPS Next Year
0.13
from -0.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 274.0M | 446.3M | 584.1M |
| Avg | 263.4M | 408.8M | 557.5M |
| Low | 249.9M | 366.3M | 526.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.8% | 69.5% | 42.9% |
| Avg | 18.0% | 55.2% | 36.4% |
| Low | 12.0% | 39.1% | 28.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.22 | 0.27 | 0.41 |
| Avg | -0.24 | 0.13 | 0.38 |
| Low | -0.25 | 0.05 | 0.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 212.0% |
| Avg | - | - | 191.4% |
| Low | - | - | 168.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.