indie Semiconductor, Inc. (INDI)
NASDAQ: INDI · IEX Real-Time Price · USD
6.37
-0.20 (-3.04%)
At close: Apr 12, 2024, 4:00 PM
6.46
+0.09 (1.41%)
After-hours: Apr 12, 2024, 7:32 PM 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 13.58, with a low estimate of 10 and a high estimate of 17. The average target predicts an increase of 113.19% from the current stock price of 6.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $13.58 $15 $17
Change +56.99% +113.19% +135.48% +166.88%
* Price targets were last updated on Feb 23, 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 555555
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Buy
Maintains
$12$10
Buy Maintains $12$10 +56.99% Feb 23, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +135.48% Sep 19, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +166.88% Sep 19, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$16$16
Strong Buy Maintains $16$16 +143.33% Aug 11, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +166.88% Aug 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
288.54M
from 223.17M
Increased by 29.29%
Revenue Next Year
427.90M
from 288.54M
Increased by 48.30%
EPS This Year
-0.18
from -0.81
EPS Next Year
0.16
from -0.18
Year 20192020202120222023202420252026
Revenue
22.71M22.61M48.41M110.80M223.17M288.54M427.90M545.87M
Revenue Growth
--0.45%114.12%128.86%101.42%29.29%48.30%27.57%
EPS
-18.59-3.12-1.26-0.37-0.81-0.180.160.43
EPS Growth
-------164.81%
No. Analysts -----995
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 302.6M 467.3M 582.5M
Avg 288.5M 427.9M 545.9M
Low 272.4M 387.0M 493.3M

Revenue Growth

Revenue Growth 202420252026
High
35.6%
61.9%
36.1%
Avg
29.3%
48.3%
27.6%
Low
22.1%
34.1%
15.3%

EPS Forecast

EPS 202420252026
High -0.14 0.28 0.48
Avg -0.18 0.16 0.43
Low -0.25 -0.10 0.35

EPS Growth

EPS Growth 202420252026
High - -
196.2%
Avg - -
164.8%
Low - -
116.4%
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.