indie Semiconductor (NASDAQ:INDI) Given New $4.00 Price Target at B. Riley Financial

indie Semiconductor (NASDAQ:INDI) had its price target trimmed by B. Riley Financial from $5.00 to $4.00 in a report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on INDI. Roth Capital set a $5.00 target price on shares of indie Semiconductor in a research note on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of indie Semiconductor in a report on Thursday, October 15th. Finally, TD Cowen lowered their target price on shares of indie Semiconductor from $4.50 to $2.00 and set a “hold” rating on the stock in a research report on Monday, October 19th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, indie Semiconductor presently has an average rating of “Hold” and an average price target of $3.94.

indie Semiconductor Stock Up 33.6%

INDI stock traded up $0.46 during midday trading on Friday, reaching $1.81. 16,894,288 shares of the company were exchanged, compared to its average volume of 6,040,906. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.86 and a current ratio of 3.65. The company has a market cap of $419.58 million, a price-to-earnings ratio of -2.51 and a beta of 3.10. The stock’s 50-day simple moving average is $2.60 and its 200 day simple moving average is $3.48. indie Semiconductor has a 1-year low of $1.34 and a 1-year high of $5.49.

indie Semiconductor (NASDAQ:INDI) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). indie Semiconductor had a negative net margin of 65.18% and a negative return on equity of 32.02%. The business had revenue of $70.24 million during the quarter, compared to analysts’ expectations of $70.21 million. During the same period in the prior year, the firm posted ($0.07) EPS. indie Semiconductor’s revenue for the quarter was up 30.8% compared to the same quarter last year. On average, equities analysts forecast that indie Semiconductor will post -0.54 earnings per share for the current year.

Insider Activity at indie Semiconductor

In related news, CEO Donald McClymont sold 50,000 shares of indie Semiconductor stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $3.11, for a total transaction of $155,500.00. Following the transaction, the chief executive officer owned 481,026 shares of the company’s stock, valued at $1,495,990.86. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Naixi Wu sold 21,171 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $3.54, for a total transaction of $74,945.34. Following the sale, the chief financial officer owned 153,183 shares in the company, valued at $542,267.82. This trade represents a 12.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 353,861 shares of company stock worth $1,296,644. 2.57% of the stock is owned by insiders.

Institutional Investors Weigh In On indie Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in INDI. Granahan Investment Management LLC grew its position in shares of indie Semiconductor by 17.8% in the 1st quarter. Granahan Investment Management LLC now owns 20,283,839 shares of the company’s stock valued at $65,314,000 after acquiring an additional 3,067,255 shares during the period. Fifth Third Bancorp bought a new stake in indie Semiconductor during the first quarter worth about $2,722,000. Madison Asset Management LLC bought a new stake in indie Semiconductor during the second quarter worth $2,310,000. Dimensional Fund Advisors LP lifted its holdings in shares of indie Semiconductor by 19.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,873,776 shares of the company’s stock worth $6,033,000 after acquiring an additional 308,620 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of indie Semiconductor by 81.5% during the first quarter. First Trust Advisors LP now owns 339,424 shares of the company’s stock worth $1,093,000 after buying an additional 152,463 shares in the last quarter. 67.73% of the stock is owned by institutional investors.

Trending Headlines about indie Semiconductor

Here are the key news stories impacting indie Semiconductor this week:

• Positive Sentiment: Third-quarter revenue rose 31% year over year to $70.2 million, narrowly exceeding estimates. The company also said automotive radar chipsets entered high-volume production, a potential source of future growth. indie Reports Third Quarter 2026 Results
• Neutral Sentiment: Fourth-quarter revenue guidance is $73 million to $81 million, with the midpoint of $77 million nearly matching analysts’ $76.9 million consensus. B. Riley kept its Buy rating but lowered its price target from $5 to $4; the new target still implies substantial upside from the cited $1.81 share price.
• Negative Sentiment: INDI reported a loss of $0.05 per share, missing the $0.04 loss analysts expected, though the loss narrowed from $0.07 a year earlier. B. Riley’s price-target cut also signals reduced expectations, despite its continued Buy rating. indie Semiconductor Reports Q3 Loss, Beats Revenue Estimates

indie Semiconductor Company Profile

indie Semiconductor, Inc develops semiconductor and software solutions for the automotive industry. Its products are designed to support advanced driver-assistance systems (ADAS), vehicle electrification, connected-car applications and automotive user experiences.

The company’s technology portfolio includes solutions for automotive radar, computer vision, lidar, ultrasonic sensing, vehicle networking, battery management and power conversion. Its products are intended for use in systems such as automated parking, blind-spot detection, collision avoidance, in-cabin monitoring, lighting, infotainment and other intelligent vehicle functions.

Founded in 2007 and headquartered in Aliso Viejo, California, indie serves automotive manufacturers and suppliers internationally.