Profile
Sector:
TechnologyIndustry:
Semiconductor Equipment & MaterialsCountry:
United StatesIPO:
04 October 2019Website:
http://www.indiesemi.comNext earnings report:
09 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 05 Jul 2024 23:46:22 GMTDividend
Analysts recommendations
Institutional Ownership
INDI Latest News
Indie Semiconductors offers semiconductor and software automation solutions with global reach. I think that collaboration with Expedera, efficiency improvements, scalability growth, and lower power consumption are unlevered FCF drivers. Indie Semiconductor's recent acquisitions, inorganic growth strategy, and strong relationships with Top Tier 1 automotive suppliers contribute to future net sales growth.
The U.S. and Europe recently implemented tariffs on Chinese EVs, which could lower adoption for cash-strapped consumers. Warren Buffett continues to sell his big EV holding.
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indie.
Indie Semiconductor creates semiconductors for automotive computing, specifically targeting ADAS and cabin experience. This article examines the Company's path to profitability, indicating that despite minor challenges, indie is poised to reach and maintain profitability.
The AI boom has transformed numerous chip companies into major global players, with Nvidia standing out as the most significant.
This semiconductor company grew its full-year revenue by over 100% in 2023.
indie Semiconductor, Inc. (INDI) Q4 2023 Earnings Call Transcript
We share updated fundamental data on 50+ top growth stocks with "strong buy" ratings from Wall Street, many benefitting from powerful secular trends including AI and the great cloud migration. We dive deeper into three particularly interesting names from the list, including a special focus on one that recently sold-off hard, indie Semiconductor, thereby creating a potentially attractive entry point. After reviewing indie in detail (including its business, market opportunity, financials, valuation and risks), we conclude with our strong opinion on investing in these powerful growth opportunities.
Indie Semiconductor continues to put up stellar growth numbers. Under the surface, though, there are future events that could bite shareholders.
indie Semiconductor reported strong Q3 2023 results and upgraded its guidance for Q4 and the full year. The Company's strategic backlog leapfrogged to $6.3Bn from $4.3Bn leading to forecasted revenue of $1Bn for 2028. INDI is currently growing revenues at 100% and should grow at 37% for the next 5 years.
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What type of business is indie Semiconductor?
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, connected car, user experience, and electrification applications. It offers devices for a multitude of automotive applications spanning ultrasound for parking assistance, in cabin wireless charging, infotainment and LED lighting for enhancing the user experience, and telematics and cloud access for connectivity; and photonic components on various technology platforms, including fiber bragg gratings, low noise lasers, athermal and tunable packaging, photonic integration, and low noise and high-speed electronics for the laser systems, optical sensing, and optical communication markets. The company was incorporated in 2007 and is headquartered in Aliso Viejo, California.
What sector is indie Semiconductor in?
indie Semiconductor is in the Technology sector
What industry is indie Semiconductor in?
indie Semiconductor is in the Semiconductor Equipment & Materials industry
What country is indie Semiconductor from?
indie Semiconductor is headquartered in United States
When did indie Semiconductor go public?
indie Semiconductor initial public offering (IPO) was on 04 October 2019
What is indie Semiconductor website?
https://www.indiesemi.com
Is indie Semiconductor in the S&P 500?
No, indie Semiconductor is not included in the S&P 500 index
Is indie Semiconductor in the NASDAQ 100?
No, indie Semiconductor is not included in the NASDAQ 100 index
Is indie Semiconductor in the Dow Jones?
No, indie Semiconductor is not included in the Dow Jones index
When does indie Semiconductor report earnings?
The next expected earnings date for indie Semiconductor is 09 August 2024