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INDI

BEARISH
$2.91 Live
indie Semiconductor, Inc. · NASDAQ
Target $6.04 (+107.4%)
$1.76 52W Range $6.05

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 12, 2026
Market cap
$602.79M
P/E
N/A
ROE
-36.3%
Profit margin
-65.8%
Debt/Equity
0.96
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
INDI exhibits severe fundamental weakness, highlighted by a Piotroski F-Score of 3/9, indicating poor financial health. The most critical red flag is a negative gross margin of -31.03%, meaning the company loses money on every unit sold before accounting for operating expenses. Despite a 'Strong Buy' analyst consensus and a high target price of $6.04, the company has failed to beat earnings estimates in the last four quarters and shows 0% YoY revenue growth. The disconnect between analyst optimism and the actual financial decay suggests a high-risk speculative profile.

Key Strengths

Strong short-term liquidity with a Current Ratio of 3.73
Healthy Quick Ratio of 2.71 indicating ability to cover immediate liabilities
Relatively low Price-to-Book ratio of 1.66
Strong analyst support with a target price significantly above current levels
Manageable Debt/Equity ratio of 0.96

Key Risks

Negative Gross Margin (-31.03%) indicates a non-viable current pricing or production model
Stagnant revenue growth (0.00% YoY) in a high-growth semiconductor sector
Consistent earnings misses (0/4 beats in the last year) with an average surprise of -20.10%
Severe YoY EPS decline of -128.6%
Bearish technical trend (0/100) and significant long-term price erosion (-71.9% over 5 years)
AI Fair Value Estimate
Based on comprehensive analysis
$2.1
-27.8% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
21
Weak
Value
40
Future
20
Past
15
Health
30
Dividend
0
AI Verdict
High Risk / Speculative
Key drivers: Negative gross margins, Zero revenue growth, Consistent earnings misses, Weak Piotroski score
Confidence
90%
Value
40/100

P/S of 2.77 is modest, but meaningless without a path to positive gross margins.

Positives
  • Low P/B ratio
  • Reasonable P/S ratio for the sector
Watchpoints
  • No P/E due to lack of profitability
  • Negative margins invalidate traditional value metrics
Future
20/100

Growth metrics are currently flat to negative, contradicting the 'growth stock' narrative.

Positives
  • Forward P/E suggests analysts expect future profitability
Watchpoints
  • 0% YoY Revenue growth
  • Deeply negative EPS growth
Past
15/100

Long-term trend is overwhelmingly negative with poor execution on earnings.

Positives
  • Recent 1Y price recovery (+53.2%)
Watchpoints
  • 5Y return of -71.9%
  • Consistent failure to meet earnings estimates
Health
30/100

Liquidity is the only saving grace; operational health is failing.

Positives
  • High current and quick ratios
Watchpoints
  • Piotroski F-Score of 3/9 (Weak)
  • Negative ROE and ROA
Dividend
0/100

Company is in a heavy loss-making phase.

Positives
No standout positives identified.
Watchpoints
  • No dividend paid
  • No history of payouts

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$2.91
Analyst Target
$6.04
Upside/Downside
+107.4%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for INDI and closest competitors.

Updated 2026-04-10
IND
indie Semiconductor, Inc.
Primary
5Y
-71.9%
3Y
-68.6%
1Y
+53.2%
6M
-29.9%
1M
+12.4%
1W
-7.0%
AOS
Alpha and Omega Semiconductor Limited
Peer
5Y
-40.7%
3Y
-17.1%
1Y
-16.2%
6M
-24.3%
1M
+2.6%
1W
+8.3%
III
i3 Verticals, Inc.
Peer
5Y
-36.1%
3Y
-15.9%
1Y
-12.0%
6M
-32.0%
1M
-10.6%
1W
-8.3%
AIP
Arteris, Inc.
Peer
5Y
-19.6%
3Y
+224.4%
1Y
+96.1%
6M
+67.2%
1M
-3.1%
1W
+0.8%
AMB
Ambiq Micro, Inc.
Peer
5Y
-34.2%
3Y
-34.2%
1Y
-34.2%
6M
-26.4%
1M
-13.5%
1W
-10.7%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
18.86
PEG Ratio
N/A
P/B Ratio
1.66
P/S Ratio
2.77
EV/Revenue
3.92
EV/EBITDA
-8.14
Market Cap
$602.79M

Profitability

Profit margins and return metrics

Profit Margin -65.81%
Operating Margin -57.26%
Gross Margin -31.03%
ROE -36.34%
ROA -10.18%

Growth

Revenue and earnings growth rates

Revenue Growth N/A
Earnings Growth N/A
Q/Q Revenue Growth N/A
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.96
Moderate
Current Ratio
3.73
Strong
Quick Ratio
2.71
Excellent
Cash/Share
$0.7

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.1B
Gross Margin
37.3%
Op. Margin
-56.9%
Net Margin
-53.8%
Total Assets
$0.8B
Liabilities
$0.5B
Equity
$0.4B
Debt/Equity
1.28x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
112%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-07
$N/A
2026-02-19
$-0.16
-8.6% surprise
2025-11-06
$-0.19
-26.7% surprise
2025-08-07
$-0.2
-25.0% surprise

Technology Sector Comparison

Comparing INDI against 262 companies in the Technology sector (24 bullish, 90 neutral, 148 bearish)
Return on Equity (ROE)
-36.34%
This Stock
vs
-25.88%
Sector Avg
+40.4% (Excellent)
Profit Margin
-65.81%
This Stock
vs
-10.67%
Sector Avg
+517.0% (Superior)
Debt to Equity
0.96
This Stock
vs
0.73
Sector Avg
+31.1% (Higher)
Current Ratio
3.73
This Stock
vs
3.77
Sector Avg
-1.0% (Weaker)

Similar Companies

Peer comparison within the same industry

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
STRONG_BUY
7 analysts
UBS
2025-11-10
Maintains
Neutral

Past News Coverage

Recent headlines mentioning INDI from our newsroom.

Newest → oldest
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