This summary was created by AI, based on 2 opinions in the last 12 months.
Based on the reviews from different experts, it appears that there is hesitation and caution regarding investing in Indie Semiconductor (INDI-Q). The auto industry's current condition and the proximity to self-driving car technology are the primary concerns cited. These factors have led experts to advise a more careful approach to this stock and its potential for future growth.
Is too close to self-driving cars, an industry he's cold on.
There are too many SPACs and they're fading from favour, but a few are worth considering like this. Indie Semiconductor is in the process of merging with THBR. IS makes next-generation software and chips for the car industry with exposure to self-driving cars, connected cars, and user-interface technology. They have a $2-billion strategic backlog. There's a semi shortage in cars now, which will give INDI serious pricing power. The stock has fallen from $15 to 10, their original SPAC price. This will become INDI when the deal closes.
Indie Semiconductor is a American stock, trading under the symbol INDI-Q on the NASDAQ (INDI). It is usually referred to as NASDAQ:INDI or INDI-Q
In the last year, 2 stock analysts published opinions about INDI-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Indie Semiconductor.
Indie Semiconductor was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Indie Semiconductor.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Indie Semiconductor published on Stockchase.
On 2025-01-14, Indie Semiconductor (INDI-Q) stock closed at a price of $3.92.
The auto industry is worse than people realize, so he will pause on INDI.