Indie Semiconductor Inc (NASDAQ:INDI) price on Wednesday, April 30, remained unchanged to $1.99.
A look at the stock’s price movement, the close in the last trading session was $1.99, moving within a range at $1.9 and $2.005. The beta value (5-Year monthly) was 1.838. Turning to its 52-week performance, $7.82 and $1.53 were the 52-week high and 52-week low respectively. Overall, INDI moved -2.21% over the past month.
Indie Semiconductor Inc’s market cap currently stands at around $425.58 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 54.94M for the company’s revenue for the quarter, with a low and high estimate of 53M and 56.4M respectively. The average forecast suggests up to a 4.94% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 261.44M, representing a 20.66% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that INDI is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend INDI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
INDI’s current price about 4.11% and -16.55% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.10, while 7-day volatility ratio is 5.74% and 11.29% in the 30-day chart. Further, Indie Semiconductor Inc (INDI) has a beta value of 2.01, and an average true range (ATR) of 0.19. Analysts have given the company’s stock an average 52-week price target of $9, forecast between a low of $9 and high of $9. Looking at the price targets, the low is -352.26% off current price level while to achieve the yearly target high, price needs to move -352.26%. Nonetheless, investors will most likely welcome a -352.26% jump to $9 which is the analysts’ median price.
If we refocus on Indie Semiconductor Inc (NASDAQ:INDI), historical trading data shows that trading volumes averaged 2.04 over the past 10 days and 4.07 million over the past 3 months. The company’s latest data on shares outstanding shows there are 213.86 million shares.
The 10.66% of Indie Semiconductor Inc’s shares are in the hands of company insiders while institutional holders own 89.49% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 53.96 million on 2025-04-15, giving us a short ratio of 12.31. The data shows that as of 2025-04-15 short interest in Indie Semiconductor Inc (INDI) stood at 3191.0 of shares outstanding, with shares short rising to 49.8 million registered in 2025-03-14. Current price change has pushed the stock -50.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the INDI stock continues to rise going into the next quarter.
