indie Semiconductor, Inc. (INDI)
NASDAQ: INDI · IEX Real-Time Price · USD
5.36
-0.18 (-3.25%)
At close: Apr 19, 2024, 4:00 PM
5.33
-0.03 (-0.56%)
After-hours: Apr 19, 2024, 7:58 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 153.36% from the current stock price of 5.36.
Analyst Consensus: Strong Buy
* 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $12 → $10 | Buy | Maintains | $12 → $10 | +86.57% | Feb 23, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +179.85% | Sep 19, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | +217.16% | Sep 19, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $16 → $16 | Strong Buy | Maintains | $16 → $16 | +189.18% | Aug 11, 2023 |
| Benchmark | Benchmark | Strong Buy Reiterates $17 | Strong Buy | Reiterates | $17 | +217.16% | Aug 11, 2023 |
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
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.6% | 61.9% | 36.1% |
| Avg | 29.3% | 48.3% | 27.6% |
| Low | 22.1% | 34.1% | 15.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.