Symbols / INDI $3.05 -4.39% indie Semiconductor, Inc.

Technology • Semiconductors • United States • NCM
INDI Chart
About

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems. In addition, it offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. Further, the company designs, manufactures, and integrates photonic components and sub-systems on various technology platforms, including fiber Bragg gratings (FBG), low-noise lasers, athermal and tunable packaging, leveraging low-noise, and high-speed electronics; and designs and develops standard and custom light sources, including super luminescent light emitting diodes (SLEDs). Additionally, it is developing LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. The company provides solutions in the United States, Greater China, Europe, South Korea, rest of North America, rest of the Asia Pacific, and South America. indie Semiconductor, Inc. was founded in 2007 and is headquartered in Aliso Viejo, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Semiconductors Market Cap 631.79M
Enterprise Value 881.99M Income -143.07M Sales 217.39M
Book/sh 1.75 Cash/sh 0.70 Dividend Yield —
Payout 0.00% Employees 800 IPO —
P/E — Forward P/E 19.15 PEG —
P/S 2.91 P/B 1.74 P/C —
EV/EBITDA -8.42 EV/Sales 4.06 Quick Ratio 2.71
Current Ratio 3.73 Debt/Eq 96.27 LT Debt/Eq —
EPS (ttm) -0.73 EPS next Y 0.16 EPS Growth —
Revenue Growth -0.00% Earnings 2026-05-11 ROA -10.18%
ROE -36.34% ROIC — Gross Margin -31.03%
Oper. Margin -57.26% Profit Margin -65.81% Shs Outstand 207.15M
Shs Float 204.16M Short Float 36.42% Short Ratio 9.22
Short Interest — 52W High 6.05 52W Low 1.53
Beta 2.58 Avg Volume 4.28M Volume 3.75M
Target Price $6.04 Recom None Prev Close $3.19
Price $3.05 Change -4.39%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.04
Mean price target
2. Current target
$3.05
Latest analyst target
3. DCF / Fair value
$-1.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.05
Low
$4.25
High
$8.00
Mean
$6.04

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-10 main UBS — → Neutral $5
2025-06-25 main Benchmark Buy → Buy $8
2025-06-11 reit Benchmark Buy → Buy $6
2025-05-21 reit Benchmark Buy → Buy $6
2025-05-13 main Craig-Hallum Buy → Buy $6
2025-05-13 main Keybanc Overweight → Overweight $6
2025-05-13 main Benchmark Buy → Buy $6
2025-04-09 reit Benchmark Buy → Buy $8
2025-02-21 main Keybanc Overweight → Overweight $7
2025-02-21 main Benchmark Buy → Buy $8
2025-01-24 init UBS — → Neutral $5
2024-11-08 reit Benchmark Buy → Buy $9
2024-11-08 main Roth MKM Buy → Buy $5
2024-11-05 main Benchmark Buy → Buy $9
2024-09-10 reit Benchmark Buy → Buy $12
2024-08-09 main Deutsche Bank Buy → Buy $7
2024-08-09 main Roth MKM Buy → Buy $7
2024-05-10 main Keybanc Overweight → Overweight $9
2024-05-10 main Deutsche Bank Buy → Buy $9
2024-05-10 reit B. Riley Securities Buy → Buy $14
News
RSS: Latest INDI news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
217.39
+0.33%
216.68
-2.91%
223.17
+101.42%
110.80
Operating Revenue
217.39
+0.33%
216.68
-2.91%
223.17
+101.42%
110.80
Cost Of Revenue
130.76
+3.47%
126.37
-5.41%
133.61
+120.87%
60.49
Reconciled Cost Of Revenue
130.76
+3.47%
126.37
-5.41%
133.61
+120.87%
60.49
Gross Profit
86.63
-4.07%
90.31
+0.83%
89.56
+78.04%
50.31
Operating Expense
231.78
-9.48%
256.06
+13.81%
224.99
+32.79%
169.43
Research And Development
154.09
-12.00%
175.11
+13.34%
154.51
+27.48%
121.20
Selling General And Administration
77.69
-4.02%
80.94
+14.85%
70.48
+46.11%
48.24
Total Expenses
362.54
-5.20%
382.43
+6.65%
358.59
+55.96%
229.93
Operating Income
-145.15
+12.43%
-165.75
-22.39%
-135.42
-13.68%
-119.13
Total Operating Income As Reported
-154.22
+9.33%
-170.08
-25.59%
-135.42
-13.68%
-119.13
EBITDA
-94.18
-0.26%
-93.94
-4.19%
-90.16
-152.74%
-35.67
Normalized EBITDA
-94.71
+20.18%
-118.64
-25.90%
-94.24
+5.96%
-100.21
Reconciled Depreciation
43.59
+1.22%
43.06
+24.51%
34.59
+106.34%
16.76
EBIT
-137.77
-0.56%
-137.00
-9.83%
-124.74
-137.91%
-52.43
Total Unusual Items
0.53
-97.87%
24.71
+505.46%
4.08
-93.68%
64.54
Total Unusual Items Excluding Goodwill
0.53
-97.87%
24.71
+505.46%
4.08
-93.68%
64.54
Special Income Charges
0.53
-97.87%
24.71
+927.77%
-2.98
-131.53%
9.47
Other Special Charges
-2.62
—
—
—
Restructuring And Mergern Acquisition
2.10
+108.48%
-24.71
-927.77%
2.98
+131.53%
-9.47
Net Income
-143.07
-7.89%
-132.60
-12.73%
-117.62
-171.03%
-43.40
Pretax Income
-153.72
-5.21%
-146.11
-9.55%
-133.37
-147.79%
-53.82
Net Non Operating Interest Income Expense
-10.35
-121.63%
-4.67
-450.06%
-0.85
-197.03%
0.88
Interest Expense Non Operating
15.96
+75.13%
9.11
+5.65%
8.62
+520.06%
1.39
Net Interest Income
-10.35
-121.63%
-4.67
-450.06%
-0.85
-197.03%
0.88
Interest Expense
15.96
+75.13%
9.11
+5.65%
8.62
+520.06%
1.39
Interest Income Non Operating
7.29
+58.94%
4.59
-41.19%
7.80
+203.90%
2.57
Interest Income
7.29
+58.94%
4.59
-41.19%
7.80
+203.90%
2.57
Other Income Expense
1.77
-92.70%
24.31
+736.51%
2.91
-95.49%
64.43
Other Non Operating Income Expenses
1.25
+411.75%
-0.40
+65.96%
-1.18
-998.13%
-0.11
Gain On Sale Of Security
—
—
7.07
-87.17%
55.07
Tax Provision
-3.01
-56.76%
-1.92
+57.61%
-4.53
-338.07%
-1.03
Tax Rate For Calcs
0.00
+45.19%
0.00
-61.31%
0.00
+76.79%
0.00
Tax Effect Of Unusual Items
0.01
-96.90%
0.33
+134.28%
0.14
-88.82%
1.24
Net Income Including Noncontrolling Interests
-150.71
-4.53%
-144.19
-11.92%
-128.83
-144.06%
-52.79
Net Income From Continuing Operation Net Minority Interest
-143.07
-7.89%
-132.60
-12.73%
-117.62
-171.03%
-43.40
Net Income From Continuing And Discontinued Operation
-143.07
-7.89%
-132.60
-12.73%
-117.62
-171.03%
-43.40
Net Income Continuous Operations
-150.71
-4.53%
-144.19
-11.92%
-128.83
-144.06%
-52.79
Minority Interests
7.65
-34.00%
11.58
+3.36%
11.21
+19.38%
9.39
Normalized Income
-143.58
+8.54%
-156.99
-29.14%
-121.57
-13.94%
-106.70
Net Income Common Stockholders
-143.07
-7.89%
-132.60
-12.73%
-117.62
-171.03%
-43.40
Diluted EPS
-0.73
+3.95%
-0.76
+6.17%
-0.81
-92.86%
-0.42
Basic EPS
-0.73
+3.95%
-0.76
+6.17%
-0.81
-92.86%
-0.42
Basic Average Shares
197.25
+12.69%
175.03
+20.55%
145.19
+22.36%
118.66
Diluted Average Shares
197.25
+12.69%
175.03
+20.55%
145.19
+22.36%
118.66
Diluted NI Availto Com Stockholders
-143.07
-7.89%
-132.60
-12.73%
-117.62
-171.03%
-43.40
Total Other Finance Cost
1.68
+1053.42%
0.15
+484.00%
0.03
-91.69%
0.30
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
840.79
-10.69%
941.39
+14.96%
818.88
+35.72%
603.35
Current Assets
285.77
-30.09%
408.75
+50.37%
271.82
-27.29%
373.87
Cash Cash Equivalents And Short Term Investments
145.46
-46.96%
274.25
+80.81%
151.68
-52.84%
321.63
Cash And Cash Equivalents
145.46
-46.96%
274.25
+80.81%
151.68
-52.84%
321.63
Receivables
57.48
+10.54%
52.01
-18.23%
63.60
+140.54%
26.44
Accounts Receivable
57.48
+10.54%
52.01
-18.23%
63.60
+140.54%
26.44
Gross Accounts Receivable
57.65
+6.81%
53.98
-15.39%
63.79
+140.85%
26.49
Allowance For Doubtful Accounts Receivable
-0.16
+91.73%
-1.97
-926.04%
-0.19
-317.39%
-0.05
Inventory
48.62
-2.54%
49.89
+50.53%
33.14
+150.01%
13.26
Raw Materials
9.16
-34.16%
13.91
+89.06%
7.36
+28.72%
5.72
Work In Process
31.22
+59.86%
19.53
+57.22%
12.42
+81.46%
6.85
Finished Goods
8.23
-49.91%
16.44
+3.43%
15.90
+539.94%
2.48
Prepaid Assets
—
—
—
—
Restricted Cash
10.29
-0.15%
10.30
0.00
-100.00%
0.25
Other Current Assets
23.92
+7.24%
22.31
-4.66%
23.40
+90.39%
12.29
Total Non Current Assets
555.02
+4.20%
532.64
-2.64%
547.06
+138.38%
229.49
Net PPE
57.71
+14.54%
50.39
+23.63%
40.76
+46.16%
27.88
Gross PPE
88.08
+23.14%
71.53
+29.09%
55.41
+49.74%
37.00
Accumulated Depreciation
-30.37
-43.65%
-21.14
-44.26%
-14.65
-60.69%
-9.12
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
12.76
+25.55%
10.16
+55.41%
6.54
+38.07%
4.74
Construction In Progress
15.01
+97.58%
7.60
+96.46%
3.87
+119.34%
1.76
Other Properties
58.00
+11.87%
51.85
+20.28%
43.10
+47.18%
29.29
Leases
2.31
+20.15%
1.92
+1.21%
1.90
+56.09%
1.22
Goodwill And Other Intangible Assets
488.55
+2.79%
475.31
-5.55%
503.23
+152.14%
199.58
Goodwill
292.64
+9.86%
266.37
-9.74%
295.10
+116.25%
136.46
Other Intangible Assets
195.91
-6.24%
208.94
+0.39%
208.13
+229.76%
63.12
Other Non Current Assets
8.75
+26.17%
6.94
+125.99%
3.07
+51.90%
2.02
Total Liabilities Net Minority Interest
456.77
-7.91%
495.99
+45.09%
341.85
+18.28%
289.02
Current Liabilities
76.55
-9.82%
84.88
-38.88%
138.88
+117.12%
63.96
Payables And Accrued Expenses
38.14
-3.06%
39.35
+37.55%
28.61
+1.82%
28.10
Payables
26.69
-15.11%
31.44
+56.59%
20.08
+32.85%
15.11
Accounts Payable
21.83
-22.93%
28.33
+53.90%
18.41
+29.74%
14.19
Current Accrued Expenses
11.45
+44.80%
7.91
-7.27%
8.53
-34.31%
12.98
Total Tax Payable
4.86
+56.06%
3.11
+86.18%
1.67
+80.56%
0.93
Current Debt And Capital Lease Obligation
16.79
+10.46%
15.20
+124.94%
6.76
-61.72%
17.66
Current Debt
13.57
+11.02%
12.22
+197.61%
4.11
-73.85%
15.70
Other Current Borrowings
13.57
+11.02%
12.22
+197.61%
4.11
-73.85%
15.70
Current Capital Lease Obligation
3.23
+8.14%
2.98
+12.48%
2.65
+35.70%
1.96
Current Deferred Liabilities
12.20
-22.12%
15.66
+39.31%
11.24
+1.12%
11.12
Current Deferred Revenue
10.48
+21.67%
8.61
+24.75%
6.90
-37.91%
11.12
Other Current Liabilities
9.41
-35.83%
14.67
-84.10%
92.27
+1200.47%
7.09
Total Non Current Liabilities Net Minority Interest
380.23
-7.51%
411.11
+102.54%
202.98
-9.81%
225.06
Long Term Debt And Capital Lease Obligation
352.88
-7.95%
383.38
+128.76%
167.59
+1.07%
165.81
Long Term Debt
339.83
-7.93%
369.10
+135.49%
156.74
+0.67%
155.70
Long Term Capital Lease Obligation
13.05
-8.63%
14.28
+31.59%
10.85
+7.27%
10.12
Non Current Deferred Liabilities
19.90
-15.75%
23.62
+72.50%
13.70
+14.13%
12.00
Non Current Deferred Revenue
5.71
-52.32%
11.96
0.00
-100.00%
4.18
Non Current Deferred Taxes Liabilities
14.20
+21.77%
11.66
-14.87%
13.70
+75.07%
7.82
Other Non Current Liabilities
7.44
+81.08%
4.11
-81.05%
21.70
+1076.52%
1.84
Stockholders Equity
358.03
-14.32%
417.89
-6.33%
446.15
+42.63%
312.81
Common Stock Equity
358.03
-14.32%
417.89
-6.33%
446.15
+42.63%
312.81
Capital Stock
0.02
+4.76%
0.02
+16.67%
0.02
+20.00%
0.01
Common Stock
0.02
+4.76%
0.02
+16.67%
0.02
+20.00%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
204.10
+7.90%
189.16
+15.91%
163.19
+28.68%
126.82
Ordinary Shares Number
204.10
+7.90%
189.16
+15.91%
163.19
+28.68%
126.82
Additional Paid In Capital
998.73
+6.64%
936.56
+15.09%
813.74
+43.12%
568.56
Retained Earnings
-637.11
-28.96%
-494.04
-36.69%
-361.44
-48.24%
-243.82
Gains Losses Not Affecting Retained Earnings
-3.61
+85.35%
-24.66
-299.59%
-6.17
+48.37%
-11.95
Minority Interest
25.98
-5.55%
27.51
-10.90%
30.88
+1931.32%
1.52
Other Equity Adjustments
-3.61
+85.35%
-24.66
-299.59%
-6.17
+48.37%
-11.95
Total Equity Gross Minority Interest
384.01
-13.78%
445.39
-6.63%
477.02
+51.76%
314.33
Total Capitalization
697.87
-11.32%
786.98
+30.54%
602.88
+28.68%
468.51
Working Capital
209.22
-35.40%
323.87
+143.61%
132.94
-57.10%
309.90
Invested Capital
711.43
-10.98%
799.20
+31.67%
606.99
+25.36%
484.21
Total Debt
369.67
-7.25%
398.58
+128.62%
174.34
-4.97%
183.47
Net Debt
207.94
+94.22%
107.07
+1068.49%
9.16
—
Capital Lease Obligations
16.27
-5.73%
17.26
+27.84%
13.50
+11.87%
12.07
Net Tangible Assets
-130.52
-127.29%
-57.43
-0.60%
-57.08
-150.41%
113.23
Tangible Book Value
-130.52
-127.29%
-57.43
-0.60%
-57.08
-150.41%
113.23
Derivative Product Liabilities
—
—
0.00
-100.00%
45.40
Interest Payable
1.40
-16.86%
1.68
+49.91%
1.12
+24.44%
0.90
Inventories Adjustments Allowances
—
-4.58
-80.26%
-2.54
-41.63%
-1.79
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-57.13
+2.51%
-58.60
+43.86%
-104.39
-36.01%
-76.75
Cash Flow From Continuing Operating Activities
-57.13
+2.51%
-58.60
+43.86%
-104.39
-36.01%
-76.75
Net Income From Continuing Operations
-150.71
-4.53%
-144.19
-11.92%
-128.83
-144.06%
-52.79
Depreciation Amortization Depletion
43.59
+1.22%
43.06
+24.51%
34.59
+106.34%
16.76
Depreciation
11.55
+17.69%
9.82
+21.14%
8.10
+58.37%
5.12
Amortization Cash Flow
32.03
-3.64%
33.24
+25.54%
26.48
+127.42%
11.64
Depreciation And Amortization
43.59
+1.22%
43.06
+24.51%
34.59
+106.34%
16.76
Amortization Of Intangibles
32.03
-3.64%
33.24
+25.54%
26.48
+127.42%
11.64
Other Non Cash Items
-4.24
+84.29%
-26.97
-295.11%
13.82
+256.69%
-8.82
Stock Based Compensation
65.11
-3.17%
67.24
+53.83%
43.71
+4.36%
41.88
Provisionand Write Offof Assets
1.71
-56.15%
3.89
+335.87%
0.89
-43.76%
1.59
Asset Impairment Charge
3.61
+261.42%
1.00
0.00
0.00
Deferred Tax
-0.54
+90.01%
-5.37
-27.82%
-4.20
-109.69%
-2.00
Deferred Income Tax
-0.54
+90.01%
-5.37
-27.82%
-4.20
-109.69%
-2.00
Operating Gains Losses
-3.44
-308.73%
1.65
+126.54%
-6.22
+88.75%
-55.28
Gain Loss On Investment Securities
-0.82
-149.76%
1.65
+126.54%
-6.22
+88.75%
-55.28
Net Foreign Currency Exchange Gain Loss
—
—
—
0.01
Change In Working Capital
-12.21
-1227.33%
1.08
+101.86%
-58.15
-221.44%
-18.09
Change In Receivables
-2.86
-129.83%
9.59
+129.79%
-32.20
-164.77%
-12.16
Changes In Account Receivables
-2.86
-129.83%
9.59
+129.79%
-32.20
-164.77%
-12.16
Change In Inventory
2.52
+114.88%
-16.97
-193.29%
-5.79
-34.57%
-4.30
Change In Prepaid Assets
-1.09
-213.60%
0.96
+109.35%
-10.30
-25.97%
-8.18
Change In Payables And Accrued Expense
-6.43
-145.15%
14.24
+360.35%
-5.47
-158.75%
9.31
Change In Accrued Expense
1.31
-59.78%
3.25
+186.14%
-3.77
-299.42%
1.89
Change In Payable
-7.74
-170.39%
10.99
+747.67%
-1.70
-122.87%
7.42
Change In Account Payable
-7.74
-170.39%
10.99
+747.67%
-1.70
-122.87%
7.42
Change In Other Working Capital
—
—
0.09
+130.23%
-0.30
Change In Other Current Liabilities
-4.35
+35.55%
-6.75
-53.46%
-4.40
-58.93%
-2.77
Investing Cash Flow
-31.97
-65.98%
-19.26
+82.12%
-107.74
-562.09%
-16.27
Cash Flow From Continuing Investing Activities
-31.97
-65.98%
-19.26
+82.12%
-107.74
-562.09%
-16.27
Net PPE Purchase And Sale
-14.29
+0.30%
-14.34
-12.43%
-12.75
-68.50%
-7.57
Purchase Of PPE
-14.29
+0.30%
-14.34
-12.43%
-12.75
-68.50%
-7.57
Capital Expenditure
-14.29
+10.99%
-16.06
-25.93%
-12.75
-68.50%
-7.57
Net Business Purchase And Sale
-17.67
-452.28%
-3.20
+96.63%
-94.99
-991.21%
-8.71
Purchase Of Business
-17.67
-452.28%
-3.20
+96.63%
-94.99
-991.21%
-8.71
Net Intangibles Purchase And Sale
0.00
+100.00%
-1.72
0.00
0.00
Purchase Of Intangibles
0.00
+100.00%
-1.72
0.00
0.00
Financing Cash Flow
-38.94
-118.60%
209.33
+380.49%
43.57
-77.39%
192.66
Cash Flow From Continuing Financing Activities
-38.94
-118.60%
209.33
+380.49%
43.57
-77.39%
192.66
Net Issuance Payments Of Debt
-28.41
-112.77%
222.40
+2003.59%
-11.68
-107.33%
159.35
Issuance Of Debt
2.40
-98.96%
230.36
+19966.29%
1.15
-99.29%
161.51
Repayment Of Debt
-30.81
-286.82%
-7.96
+37.92%
-12.83
-494.58%
-2.16
Long Term Debt Issuance
2.40
-98.96%
230.36
+19966.29%
1.15
-99.29%
161.51
Long Term Debt Payments
-30.81
-286.82%
-7.96
+37.92%
-12.83
-494.58%
-2.16
Net Long Term Debt Issuance
-28.41
-112.77%
222.40
+2003.59%
-11.68
-107.33%
159.35
Net Common Stock Issuance
0.00
-100.00%
19.85
-62.65%
53.14
+2.86%
51.66
Common Stock Payments
—
0.00
0.00
+100.00%
-7.40
Repurchase Of Capital Stock
—
0.00
0.00
+100.00%
-7.40
Proceeds From Stock Option Exercised
0.01
-88.68%
0.05
-99.57%
12.38
+11916.50%
0.10
Net Other Financing Charges
-10.54
+68.02%
-32.96
-221.17%
-10.26
+44.38%
-18.45
Changes In Cash
-128.04
-197.39%
131.47
+178.00%
-168.56
-269.17%
99.64
Effect Of Exchange Rate Changes
-0.77
-155.09%
1.40
+185.07%
-1.64
-159.16%
2.77
Beginning Cash Position
284.55
+87.60%
151.68
-52.88%
321.88
+46.67%
219.46
End Cash Position
155.74
-45.27%
284.55
+87.60%
151.68
-52.88%
321.88
Free Cash Flow
-71.42
+4.33%
-74.66
+36.26%
-117.14
-38.93%
-84.31
Interest Paid Supplemental Data
15.05
+102.39%
7.43
+0.19%
7.42
+1873.67%
0.38
Common Stock Issuance
0.00
-100.00%
19.85
-62.65%
53.14
-10.04%
59.06
Issuance Of Capital Stock
0.00
-100.00%
19.85
-62.65%
53.14
-10.04%
59.06
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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