indie Semiconductor (NASDAQ:INDI) Releases Earnings Results, Meets Expectations

indie Semiconductor (NASDAQ:INDI) posted its quarterly earnings data on Thursday. The company reported ($0.07) earnings per share for the quarter, hitting the consensus estimate of ($0.07), FiscalAI reports. The business had revenue of $58.01 million during the quarter, compared to the consensus estimate of $57.11 million. indie Semiconductor had a negative net margin of 66.84% and a negative return on equity of 28.84%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.07) earnings per share.

Here are the key takeaways from indie Semiconductor’s conference call:

• Q4 revenue was $58M (beat the midpoint by $1M) with full‑year revenue of $217.4M, improved non‑GAAP operating loss to $10.1M, $155.7M in cash on hand, and a pending sale of Wuxi that would bring ~ $135M of proceeds upon regulatory approval.
• Gen‑8 77 GHz radar shipments began in December to a Tier‑1 partner, the program is gaining broad OEM traction globally, and management expects a multi‑year ramp that could support well over 50 million units of annual demand once scaled.
• Management flagged ongoing substrate and packaging supply constraints through 2026 despite qualifying second‑source vendors and adding capacity, which has caused modest near‑term revenue at risk and will require continued mitigation.
• Vision and adjacent markets are building momentum — IND880 design wins (including a leading Chinese EV OEM ramping mid‑2026), emotion3D integration for in‑cabin sensing, growing photonics/quantum bookings, and early humanoid robotics deployments should contribute to revenue growth.

indie Semiconductor Stock Down 7.3%

NASDAQ:INDI traded down $0.27 on Thursday, hitting $3.43. 5,752,543 shares of the company’s stock traded hands, compared to its average volume of 3,000,590. The firm has a 50-day moving average price of $3.97 and a 200-day moving average price of $4.22. The company has a current ratio of 3.75, a quick ratio of 3.18 and a debt-to-equity ratio of 0.86. The company has a market cap of $753.34 million, a PE ratio of -4.57 and a beta of 2.53. indie Semiconductor has a 1 year low of $1.53 and a 1 year high of $6.05.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Wall Street Zen cut shares of indie Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. UBS Group upped their target price on indie Semiconductor from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a research report on Thursday, January 22nd. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $6.60.

Insider Activity at indie Semiconductor

In other indie Semiconductor news, CEO Donald Mcclymont sold 82,957 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $3.67, for a total value of $304,452.19. Following the transaction, the chief executive officer directly owned 186,202 shares of the company’s stock, valued at $683,361.34. This represents a 30.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Naixi Wu sold 12,448 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $3.67, for a total value of $45,684.16. Following the completion of the transaction, the chief financial officer owned 76,969 shares in the company, valued at $282,476.23. This represents a 13.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 303,473 shares of company stock worth $1,171,700. Corporate insiders own 5.60% of the company’s stock.

Institutional Trading of indie Semiconductor

A number of institutional investors and hedge funds have recently modified their holdings of the company. Primecap Management Co. CA lifted its stake in indie Semiconductor by 3.0% during the fourth quarter. Primecap Management Co. CA now owns 29,774,708 shares of the company’s stock worth $105,105,000 after purchasing an additional 873,940 shares during the period. Geode Capital Management LLC lifted its position in shares of indie Semiconductor by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 4,895,365 shares of the company’s stock worth $17,283,000 after buying an additional 98,833 shares during the period. Millennium Management LLC boosted its stake in indie Semiconductor by 456.6% in the 1st quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock valued at $7,535,000 after buying an additional 3,037,435 shares in the last quarter. Squarepoint Ops LLC grew its position in indie Semiconductor by 204.2% in the fourth quarter. Squarepoint Ops LLC now owns 1,783,375 shares of the company’s stock valued at $6,295,000 after acquiring an additional 1,197,212 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in indie Semiconductor by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,679,589 shares of the company’s stock worth $5,929,000 after acquiring an additional 54,317 shares in the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

About indie Semiconductor

indie Semiconductor, Inc is a fabless semiconductor company headquartered in San Jose, California, that specializes in advanced chip solutions for the automotive industry. The company designs and develops microcontrollers, sensor processing units, application processors and power management integrated circuits tailored for electric vehicles (EVs), advanced driver assistance systems (ADAS), infotainment and digital clusters. indie’s product portfolio aims to deliver high performance, energy efficiency and functional safety to meet stringent automotive requirements.

Originally formed as Integrated Memory Systems in 2021 through a business combination with a special purpose acquisition company, the firm rebranded to indie Semiconductor in early 2022.