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Stock impact report

Is indie Semiconductor, Inc. (INDI) Small-Cap Semiconductor Stock to Buy According to Analysts? [Yahoo! Finance]

indie Semiconductor, Inc. - Class A (INDI) 
Company Research Source: Yahoo! Finance
indie Semiconductor, Inc. (NASDAQ: INDI is among the 7 Small-Cap Semiconductor Stocks to Buy According to Analysts On February 23, UBS cut the price target on indie Semiconductor, Inc. (NASDAQ:INDI) to $4.25 from $5 and maintained a Neutral rating. Additionally, the firm trimmed its EPS projections from $0.28 to $0.27, while raising its estimates for 2028 and beyond. UBS anticipates indie Semiconductor, Inc. (NASDAQ:INDI) to deliver sequential growth due to its Tier 1 77GHz radar ramp. With revenue expectations of nearly $80 million at year-end, or approximately $55 million excluding Wuxi, the firm projects revenue will grow from $124 million excluding Wuxi to more than $620 million in 2028. From radar to modest contributions from Quantum robotics and eMotion3D, the firm listed many catalysts behind this outlook. Moreover, UBS estimates gross margin to progress to about 53% at year-end. This will particularly be driven by the acceleration of advanced driver assistance systems. Show less Read more
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