Indie Semiconductor Inc (NASDAQ:INDI) currently has a daily average trading volume of 3.66M but it saw 4702461 shares traded in last market. With a market cap of 620.54M USD, the company’s current market price of $2.92 came rising about 9.36 while comparing to the previous closing price of $2.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.82 and as low as $1.53.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Neutral” in its note to investors issued on January 24, 2025, recommending a price target of $4.50 for it. CJS Securities also issued its recommendations for the stock as it initiated the price target for the stock is $15.
Over the week, INDI’s stock price is moving 2.46% up while it is 45.27% when we observe its performance for the past one month. Year-to-date it is -27.90% down and over the past year, the stock is showing a downside performance of -56.22%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.21. In next quarter, company is expected to be making quarterly sales of $55.9M as analysts are expecting the sales for current fiscal year at $228.41M and seeing the company making $295.33M in sales next year. Moreover, analysts are in estimates of $51.4M for current-quarter revenue.
Currently, Indie Semiconductor Inc’s total number of outstanding shares is 194.39M with 2.42% of that held by the insiders while 97.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -17.30% and return on equity (ROE) at -32.43%. It has a 51.53 of forward P/E ratio. Stock’s beta reads 2.12. Stock has a price to book (P/B) ratio of 1.53 while price to sale or P/S ratio amounts to 2.84. Its return on asset (ROA) is -15.88% on average.
