This summary was created by AI, based on 1 opinions in the last 12 months.
Experts have differing opinions about Indie Semiconductor, with one expressing caution due to the company's proximity to the self-driving car industry, which they are skeptical about. This suggests a potential risk factor that investors should consider. It's important for potential investors to weigh these concerns against the company's overall financial health and growth potential before making any decisions.
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, 1 stock analyst published opinions about INDI-Q. 0 analysts recommended to BUY the stock. 1 analyst 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 2024-12-06, Indie Semiconductor (INDI-Q) stock closed at a price of $4.29.
Is too close to self-driving cars, an industry he's cold on.