Craig-Hallum analyst Anthony Stoss assigned a Buy rating to the stock today. The company’s shares opened today at $5.76.
According to TipRanks, Stoss is a 5-star analyst with an average return of 9.9% and a 52.68% success rate. Stoss covers the Technology sector, focusing on stocks such as Enovix, Digi International, and Semtech.
Currently, the analyst consensus on indie Semiconductor is a Strong Buy with an average price target of $14.50.
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INDI market cap is currently $885M and has a P/E ratio of -5.23.
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indie Semiconductor (INDI) Company Description:
Serving the automotive sector, indie Semiconductor develops cutting-edge semiconductors and software platforms.
Read More on INDI:
- Indie Semiconductor sees Q3 revenue above $60M, consensus $60.02M
- Indie Semiconductor files to sell 10.07M shares of Class A common for holders
- Indie Semiconductor acquires Exalos AG for $45M
- Indie Semiconductor management to meet with B. Riley
- 3 Best Stocks to Buy Now, 9/11/2023, According to Top Analysts
