Indie Semiconductor Stock (NASDAQ:INDI), Analyst Ratings, Price Targets, Predictions

The latest price target for Indie Semiconductor (NASDAQ: INDI) was reported by Keybanc on May 10, 2024. The analyst firm set a price target for $9.00 expecting INDI to rise to within 12 months (a possible 54.64% upside). 11 analyst firms have reported ratings in the last year.

The latest analyst rating for Indie Semiconductor (NASDAQ: INDI) was provided by Keybanc, and Indie Semiconductor maintained their overweight 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 May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.

While ratings are subjective and will change, the latest Indie Semiconductor (INDI) rating was a maintained with a price target of $10.00 to $9.00. The current price Indie Semiconductor (INDI) is trading at is $5.82, which is out of the analyst’s predicted range.