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NASDAQ: INDI
INDIE SEMICONDUCTOR INC Stock Forecast, Predictions & Price Target

Buy INDI

Analyst price target for INDI

Based on 5 analysts offering 12 month price targets for INDIE SEMICONDUCTOR INC.
Min Forecast
$8.00+25.39%
Avg Forecast
$12.80+100.63%
Max Forecast
$18.00+182.13%

Should I buy or sell INDI stock?

Based on 5 analysts offering ratings for INDIE SEMICONDUCTOR INC.
Strong Buy
Strong Buy
3 analysts 60%
Buy
1 analysts 20%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

INDI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 1%
100
HoldDowngrades$8.00+25.39%2022-06-15
Deutsche Bank
Top 19%
82
Strong BuyMaintains$11.00+72.41%2022-05-13
Benchmark
Top 27%
74
Strong BuyAssumes$17.00+166.46%2022-05-13
KeyBanc
Bottom 7%
7
Strong BuyMaintains$10.00+56.74%2022-05-13
Anonymous
B. Riley Securities
Strong BuyInitiates Coverage On$18.00+182.13%2021-08-24
Craig-Hallum
Top 22%
79
BuyInitiates Coverage On$18.00+182.13%2021-07-12

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Forecast return on equity

Is INDI forecast to generate an efficient return?
Company
37.65%
Industry
136.73%
Market
32.14%
INDI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is INDI forecast to generate an efficient return on assets?
Company
25.8%
Industry
40.59%
INDI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

INDI earnings per share forecast

What is INDI's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.54
Avg 2 year Forecast
-$0.15
Avg 3 year Forecast
$0.54

INDI revenue forecast

What is INDI's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$113.4M+81.98%
Avg 2 year Forecast
$237.8M+281.78%
Avg 3 year Forecast
$437.0M+601.42%
INDI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INDI revenue growth forecast

How is INDI forecast to perform vs Semiconductor Equipment & Materials companies and vs the US market?
Company
89.59%
Industry
16.52%
Market
9.36%
INDI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INDI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INDI vs Semiconductor Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
INDI$6.38$12.80+100.63%Strong Buy
ACMR$15.40$77.50+403.25%Strong Buy
VECO$20.01$32.00+59.92%Buy
ICHR$27.49$42.00+52.78%Buy
CAMT$25.95$35.00+34.87%Buy

INDIE SEMICONDUCTOR Stock Forecast FAQ

Is INDIE SEMICONDUCTOR Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: INDI) stock is to Strong Buy INDI stock.

Out of 5 analysts, 3 (60%) are recommending INDI as a Strong Buy, 1 (20%) are recommending INDI as a Buy, 1 (20%) are recommending INDI as a Hold, 0 (0%) are recommending INDI as a Sell, and 0 (0%) are recommending INDI as a Strong Sell.

What is INDI's earnings growth forecast for 2022-2024?

(NASDAQ: INDI) INDIE SEMICONDUCTOR's forecast annual earnings growth rate of N/A is not forecast to beat the US Semiconductor Equipment & Materials industry's average forecast earnings growth rate of 23.55%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.6%.

INDIE SEMICONDUCTOR's earnings in 2022 is -$88,026,000.On average, 4 Wall Street analysts forecast INDI's earnings for 2022 to be -$80,806,832, with the lowest INDI earnings forecast at -$86,792,523, and the highest INDI earnings forecast at -$73,324,718. On average, 4 Wall Street analysts forecast INDI's earnings for 2023 to be -$22,446,342, with the lowest INDI earnings forecast at -$41,899,839, and the highest INDI earnings forecast at -$13,467,805.

In 2024, INDI is forecast to generate $80,806,832 in earnings, with the lowest earnings forecast at $34,417,725 and the highest earnings forecast at $139,167,321.

What is INDI's revenue growth forecast for 2022-2024?

(NASDAQ: INDI) INDIE SEMICONDUCTOR's forecast annual revenue growth rate of 89.59% is forecast to beat the US Semiconductor Equipment & Materials industry's average forecast revenue growth rate of 16.52%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.36%.

INDIE SEMICONDUCTOR's revenue in 2022 is $62,297,000.On average, 4 Wall Street analysts forecast INDI's revenue for 2022 to be $16,964,945,397, with the lowest INDI revenue forecast at $16,535,472,051, and the highest INDI revenue forecast at $17,463,254,193. On average, 4 Wall Street analysts forecast INDI's revenue for 2023 to be $35,590,920,113, with the lowest INDI revenue forecast at $34,447,653,086, and the highest INDI revenue forecast at $36,850,908,119.

In 2024, INDI is forecast to generate $65,387,990,390 in revenue, with the lowest revenue forecast at $56,011,105,778 and the highest revenue forecast at $79,609,693,492.

What is INDI's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: INDI) forecast ROA is 25.8%, which is lower than the forecast US Semiconductor Equipment & Materials industry average of 40.59%.

What is INDI's Price Target?

According to 5 Wall Street analysts that have issued a 1 year INDI price target, the average INDI price target is $12.80, with the highest INDI stock price forecast at $18.00 and the lowest INDI stock price forecast at $8.00.

On average, Wall Street analysts predict that INDIE SEMICONDUCTOR's share price could reach $12.80 by Jun 15, 2023. The average INDIE SEMICONDUCTOR stock price prediction forecasts a potential upside of 100.63% from the current INDI share price of $6.38.

What is INDI's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: INDI) INDIE SEMICONDUCTOR's current Earnings Per Share (EPS) is -$0.79. On average, analysts forecast that INDI's EPS will be -$0.54 for 2022, with the lowest EPS forecast at -$0.58, and the highest EPS forecast at -$0.49. On average, analysts forecast that INDI's EPS will be -$0.15 for 2023, with the lowest EPS forecast at -$0.28, and the highest EPS forecast at -$0.09. In 2024, INDI's EPS is forecast to hit $0.54 (min: $0.23, max: $0.93).

What is INDI's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: INDI) forecast ROE is 37.65%, which is considered strong.
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