During the last session, Indie Semiconductor Inc (NASDAQ:INDI)’s traded shares were 3.39 million, with the beta value of the company hitting 2.21. At the end of the trading day, the stock’s price was $3.86, reflecting an intraday gain of 2.12% or $0.08. The 52-week high for the INDI share is $7.45, that puts it down -93.01 from that peak though still a striking 60.36% gain since the share price plummeted to a 52-week low of $1.53. The company’s market capitalization is $820.30M, and the average intraday trading volume over the past 10 days was 4.72 million shares, and the average trade volume was 3.54 million shares over the past three months.
Indie Semiconductor Inc (INDI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. INDI has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.08.
Indie Semiconductor Inc (NASDAQ:INDI) trade information
Indie Semiconductor Inc (INDI) registered a 2.12% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.12% in intraday trading to $3.86, hitting a weekly high. The stock’s 5-day price performance is 5.75%, and it has moved by 34.49% in 30 days. Based on these gigs, the overall price performance for the year is -4.69%. The short interest in Indie Semiconductor Inc (NASDAQ:INDI) is 52.37 million shares and it means that shorts have 13.77 day(s) to cover.
The consensus price target of analysts on Wall Street is $9, which implies an increase of 57.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, INDI is trading at a discount of -133.16% off the target high and -133.16% off the low.
Indie Semiconductor Inc (INDI) estimates and forecasts
In the rating firms’ projections, revenue will increase 5.41% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 51.4M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 55.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 52.35M and 53.97M respectively. In this case, analysts expect current quarter sales to shrink by -1.82% and then jump by 3.59% in the coming quarter.
While earnings are projected to return 40.48% in 2025.
INDI Dividends
Indie Semiconductor Inc is due to release its next quarterly earnings on 2025-May-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Indie Semiconductor Inc (NASDAQ:INDI)’s Major holders
Indie Semiconductor Inc insiders own 2.51% of total outstanding shares while institutional holders control 98.35%, with the float percentage being 100.89%. GRANAHAN INVESTMENT MANAGEMENT, LLC is the largest shareholder of the company, while 254.0 institutions own stock in it. As of 2024-06-30, the company held over 18.39 million shares (or 10.8086% of all shares), a total value of $113.48 million in shares.
The next largest institutional holding, with 15.78 million shares, is of PRIMECAP MANAGEMENT CO/CA/’s that is approximately 9.2729% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $97.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Indie Semiconductor Inc (INDI) shares are PRIMECAP Odyssey Funds-PRIMECAP Odyssey Aggressive Growth Fund and BARON INVESTMENT Fd.S TRT -BARON SMALL CAP Fd. . Data provided on Apr 30, 2025 indicates that PRIMECAP Odyssey Funds-PRIMECAP Odyssey Aggressive Growth Fund owns about 17.53 shares. This amounts to just over 8.99 percent of the company’s overall shares, with a $67.66 million market value. The same data shows that the other fund manager holds slightly less at 6.0, or about 3.08% of the stock, which is worth about $23.16 million.
