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Indie Semiconductor Inc has a consensus price target of $9.25 based on the ratings of 6 analysts. The high is $13.5 issued by B. Riley Securities on May 10, 2024. The low is $5 issued by Roth MKM on November 8, 2024. The 3 most-recent analyst ratings were released by Benchmark, Roth MKM, and Benchmark on November 8, 2024, November 8, 2024, and November 5, 2024, respectively. With an average price target of $7.67 between Benchmark, Roth MKM, and Benchmark, there's an implied 87.45% upside for Indie Semiconductor Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Indie Semiconductor (NASDAQ:INDI) was reported by Benchmark on November 8, 2024. The analyst firm set a price target for $9.00 expecting INDI to rise to within 12 months (a possible 120.05% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Indie Semiconductor (NASDAQ:INDI) was provided by Benchmark, and Indie Semiconductor reiterated their buy rating.
The last upgrade for Indie Semiconductor Inc happened on February 14, 2023 when B. Riley Securities raised their price target to $13. B. Riley Securities previously had a neutral for Indie Semiconductor Inc.
The last downgrade for Indie Semiconductor Inc happened on June 15, 2022 when B. Riley Securities changed their price target from $9 to $8 for Indie Semiconductor Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Indie Semiconductor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Indie Semiconductor was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Indie Semiconductor (INDI) rating was a reiterated with a price target of $9.00 to $9.00. The current price Indie Semiconductor (INDI) is trading at is $4.09, which is out of the analyst’s predicted range.
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