In last trading session, Indie Semiconductor Inc (NASDAQ:INDI) saw 3.21 million shares changing hands with its beta currently measuring 1.50. Company’s recent per share price level of $3.91 trading at -$0.14 or -3.46% at ring of the bell on the day assigns it a market valuation of $789.49M. That closing price of INDI’s stock is at a discount of -100.0% from its 52-week high price of $7.82 and is indicating a premium of 19.18% from its 52-week low price of $3.16.
For Indie Semiconductor Inc (INDI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.29. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.07 in the current quarter.
Indie Semiconductor Inc (NASDAQ:INDI) trade information
Upright in the red during last session for losing -3.46%, in the last five days INDI remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $3.91 price level, adding 4.87% to its value on the day. Indie Semiconductor Inc’s shares saw a change of -3.46% in year-to-date performance and have moved 7.71% in past 5-day. Indie Semiconductor Inc (NASDAQ:INDI) showed a performance of -10.53% in past 30-days.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 56.56% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -130.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of -130.18% for stock’s current value.
Indie Semiconductor Inc (INDI) estimates and forecasts
This year revenue growth is estimated to fall -2.83% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 58.2M for the same. And 8 analysts are in estimates of company making revenue of 61.34M in the next quarter. Company posted 70.13M and 52.35M of sales in current and next quarters respectively a year earlier.
Indie Semiconductor Inc (NASDAQ:INDI)’s Major holders
GRANAHAN INVESTMENT MANAGEMENT, LLC is the top institutional holder at INDI for having 18.39 million shares of worth $113.48 million. And as of 2024-06-30, it was holding 10.8086 of the company’s outstanding shares.
The second largest institutional holder is PRIMECAP MANAGEMENT CO/CA/, which was holding about 15.78 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.2729 of outstanding shares, having a total worth of $97.36 million.
On the other hand, Primecap Odyssey Aggressive Growth Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 16.23 shares of worth $63.45 million or 8.83% of the total outstanding shares. The later fund manager was in possession of 4.54 shares on Nov 30, 2024 , making its stake of worth around $17.75 million in the company or a holder of 2.47% of company’s stock.