indie Semiconductor (NASDAQ:INDI) Stock Price Target Lowered at TD Cowen

Posted by Francis Steltz on Oct 20th, 2026

indie Semiconductor (NASDAQ:INDI – Free Report) had its price target decreased by TD Cowen from $4.50 to $2.00 in a research report report published on Monday,Benzinga reports. TD Cowen currently has a hold rating on the stock.

Other research analysts have also issued research reports about the company. Weiss Ratings restated a “sell (d-)” rating on shares of indie Semiconductor in a research report on Thursday. Roth Capital set a $5.00 target price on shares of indie Semiconductor in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, indie Semiconductor presently has an average rating of “Reduce” and an average price target of $3.92.

Check Out Our Latest Research Report on INDI

indie Semiconductor Price Performance

Shares of NASDAQ:INDI opened at $1.87 on Monday. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.65 and a quick ratio of 2.86. indie Semiconductor has a 1-year low of $1.79 and a 1-year high of $6.02. The firm’s 50 day simple moving average is $3.28 and its two-hundred day simple moving average is $3.71. The company has a market capitalization of $433.48 million, a P/E ratio of -2.56 and a beta of 2.99.

indie Semiconductor (NASDAQ:INDI – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.05) earnings per share for the quarter, hitting the consensus estimate of ($0.05). indie Semiconductor had a negative net margin of 65.18% and a negative return on equity of 32.02%. The company had revenue of $64.01 million during the quarter, compared to the consensus estimate of $62.49 million. During the same quarter in the prior year, the firm posted ($0.08) EPS. indie Semiconductor’s quarterly revenue was up 24.0% compared to the same quarter last year. Research analysts expect that indie Semiconductor will post -0.54 EPS for the current fiscal year.

Insider Buying and Selling at indie Semiconductor

In other indie Semiconductor news, CEO Donald McClymont sold 50,000 shares of the firm’s stock in a transaction dated 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 approximately $1,495,990.86. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Naixi Wu sold 23,170 shares of indie Semiconductor stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $3.72, for a total transaction of $86,192.40. Following the transaction, the chief financial officer directly owned 156,058 shares in the company, valued at approximately $580,535.76. The trade was a 12.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 347,611 shares of company stock worth $1,286,707. Company insiders own 2.57% of the company’s stock.

Hedge Funds Weigh In On indie Semiconductor

A number of large investors have recently made changes to their positions in INDI. Madison Asset Management LLC purchased a new stake in indie Semiconductor in the second quarter valued at about $2,310,000. Dimensional Fund Advisors LP lifted its stake in indie Semiconductor by 19.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,873,776 shares of the company’s stock valued at $6,033,000 after acquiring an additional 308,620 shares during the period. Wasatch Advisors LP lifted its position in indie Semiconductor by 130.0% during the first quarter. Wasatch Advisors LP now owns 3,811,285 shares of the company’s stock valued at $12,272,000 after purchasing an additional 2,154,279 shares during the period. Elemental Capital Partners LLC lifted its holdings in shares of indie Semiconductor by 60.0% in the 1st quarter. Elemental Capital Partners LLC now owns 12,644,393 shares of the company’s stock valued at $40,715,000 after buying an additional 4,741,680 shares during the period. Finally, Granahan Investment Management LLC lifted its holdings in indie Semiconductor by 17.8% in the first 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. 67.73% of the stock is owned by institutional investors and hedge funds.

About indie Semiconductor

(Get Free Report)

indie Semiconductor, Inc is a fabless semiconductor company that develops technology for the automotive industry. Its products are designed to support advanced driver-assistance systems (ADAS), vehicle electrification, connected-car applications and enhanced in-cabin experiences.

The company’s portfolio includes semiconductors and system solutions for computer vision, lidar and radar sensing, automotive networking, LED lighting, infotainment and user-interface applications. Its technologies are intended for use in systems such as automated parking, driver monitoring, vehicle detection, digital cockpit displays and other software-defined vehicle functions.

indie Semiconductor serves automotive original equipment manufacturers and Tier 1 suppliers globally.