EN DE
Watch indie Semiconductor Inc for free: we tell you when fair value or trend changes.
Data-driven stock valuation

indie Semiconductor Inc (INDI) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of indie Semiconductor Inc stock $1.97, price $2.28, that is 13.6% below the price, quality 22 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Technology US

IS indie Semiconductor Inc logo Thin data Nov 11, 2026

indie Semiconductor Inc

INDI · US
Expensive, weak quality

Our calculation puts a fair price 14% below what the stock costs today.

Revenue last quarter +31% vs. a year ago.
Expensive Growth (revenue 5y +57.2 %/yr in USD)
Moderate debt
Insiders sold $8.6M (6M)
Fair value $1.97 · Overvalued
Quality 22/100
Loss-making · -60.7% net margin (TTM)
Negative free cash flow
Trails peers (3/9)
Narrow moat 5/100
Thin data
⟳ CyclicalEstimate
Watch indie Semiconductor Inc for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$15.85 $1.36 Fair Value $1.97 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.

How to read this chart

60‑month range $1.36 – $15.85 · fair‑value band $1.48 – $2.46 · the $2.28 price screens above the $1.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 11, 2026.

Follow indie Semiconductor in your weekly email

Every Wednesday you see whether indie Semiconductor is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits.

Show moreShow less

The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems.

In addition, it offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring.

The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. Further, the company designs, manufactures, and integrates photonic components and sub-systems on various technology platforms, including fiber Bragg gratings (FBG), low-noise lasers, athermal and tunable packaging, leveraging low-noise, and high-speed electronics; and designs and develops standard and custom light sources, including super luminescent light emitting diodes (SLEDs). Additionally, it is developing LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors.

The company provides solutions in the United States, Greater China, Europe, South Korea, rest of North America, rest of the Asia Pacific, and South America. indie Semiconductor, Inc. was founded in 2007 and is headquartered in Aliso Viejo, California.

Stock analysis

indie Semiconductor Inc (INDI) currently trades at $2.28, while our estimate is $1.97, 14% below the price, so the stock looks overvalued today.

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: $1.48 (bear) to $2.46 (bull), the price of $2.28 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 22/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

indie Semiconductor Inc reported revenue of $217M in FY2025 versus $48.4M in FY2021, a compound +45.6%/yr. Reported net income was −$144M in FY2025.

Key figures

Market cap $483M Small · P/S ratio 2.06 · EPS (TTM) $−0.7200 · Net margin −60.7% · Return on equity −44.3% · Return on assets (EBIT) −17.5% (5-year average) · Operating margin −55.5% · Revenue (TTM) $248M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 5 out of 100 (medium confidence).

What moves the price

The share trades about 57% below its 52-week high and 68% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at −10% fair-value upside, at −14%, INDI screens richer than that median.

Fair Value

Bear $1.48 Fair Value $1.97 Bull $2.46
Price $2.28 · Downside -13.6%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 22/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 6
How much profit the company makes from its sales and capital
Quality Growth 30
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 43
Debt, balance sheet and risk of trouble
Investment 65
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 0
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 12
Distance to the 52-week high, does not count
New shares 8
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, 6 officers or directors sold shares worth $8.6M and none bought.

  • SaleNaixi WuChief Financial Officer17× since Nov 11, 2025: 268,326 shares, avg. $3.39$910,907Nov 9, 2026
  • SaleDonald McClymontChief Executive Officer, Director12× since Dec 2, 2025: 651,319 shares, avg. $3.82$2.5MSep 15, 2026
  • SaleMichael WittmannChief Operating Officer12× since Dec 2, 2025: 327,523 shares, avg. $4.03$1.3MSep 2, 2026
  • SaleThomas schillerDirector2× since Jul 2, 2026: 4,971 shares, avg. $3.99$19,830Aug 31, 2026
  • SaleSonalee Elizabeth ParekhDirector2× since Aug 12, 2026: 79,932 shares, avg. $4.00$319,923Aug 19, 2026
  • SaleIchiro AokiPresident, Director18× since Nov 13, 2025: 2,466,995 shares, avg. $4.24$10.5MJun 2, 2026

Plus 34 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 10, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+0.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+57.2%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.5%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−85.1% (2020) → −66.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

INDI screens overvalued: fair value 14% below the price. Compare with NVIDIA Corporation →

Compare indie Semiconductor Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 399 stocks

Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score 22 · Bottom 25%
Fair Value upside −13.6% · Above median
Profitability
Return on assets −17.1% · Bottom 25%
Net margin (12 months) −60.7% · Bottom 25%
Operating margin (12 months) −55.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 30.9% · Above median
Balance sheet
Debt / equity 0.95× · Highest 25%

Valuation Multiplesvs Semiconductors median · lower = cheaper

P/B 1.35× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months) 1.95× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)15 · sector 0
FUTURE (revenue growth)100 · sector 100
PAST (return on equity)0 · sector 24
HEALTH (low debt)52 · sector 96
DIVIDEND (yield)0 · sector 19

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Semiconductors stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
SK hynix Inc 000660 1,212,000 KRW 1,501,896 KRW +24% vs INDI
NVIDIA Corporation NVDA $168.89 $196.54 +16% vs INDI
Taiwan Semiconductor Manufacturing Company TSM $396.48 $427.48 +8% vs INDI
Broadcom Inc AVGO $331.98 $300.84 −9% vs INDI
Intel Corporation INTC $58.13 $52.14 −10% vs INDI
Micron Technology, Inc MU $725.11 $619.48 −15% vs INDI
Analog Devices, Inc ADI $393.30 $262.04 −33% vs INDI
Marvell Technology, Inc MRVL $154.39 $87.64 −43% vs INDI
Advanced Micro Devices, Inc AMD $515.21 $148.02 −71% vs INDI
Texas Instruments Incorporated TXN $300.52 $81.25 −73% vs INDI

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

indie Semiconductor Inc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "indie Semiconductor Inc Fair Value". https://www.fairvalue-calculator.com/stock/INDI

Frequently asked questions

Is indie Semiconductor Inc (INDI) overvalued or undervalued?
As of Nov 11, 2026, our estimate of fair value is $1.97 versus a price of $2.28, about 14% lower (overvalued).
What is the fair value of INDI?
Our estimate for indie Semiconductor Inc is $1.97 (as of Nov 11, 2026), built from audited fundamentals. The current price: $2.28.
What is the quality score of INDI?
indie Semiconductor Inc has a Quality Score of 22/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for indie Semiconductor Inc (INDI)?
Our calculated price target is the estimate of $1.97 (as of Nov 11, 2026). Cautious scenario $1.48, optimistic scenario $2.46. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the indie Semiconductor Inc stock forecast for 2026?
Our estimate puts fair value at $1.97, about 14% lower versus a price of $2.28 (overvalued). Cautious scenario $1.48, optimistic scenario $2.46. The calculation is refreshed regularly with new filings.
What is the revenue of indie Semiconductor Inc (INDI)?
indie Semiconductor Inc reported trailing-twelve-month revenue of about $248M (latest available figure, as of Nov 11, 2026).
What is the intrinsic value of indie Semiconductor Inc (INDI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For indie Semiconductor Inc it is $1.97 per share (as of Nov 11, 2026), against a price of $2.28.
Is indie Semiconductor Inc stock overvalued or undervalued in 2026?
As of Nov 11, 2026, INDI trades above its calculated fair value: price $2.28, fair value $1.97, a gap of about −14% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of INDI?
No. The price is what the market pays today ($2.28); the fair value is what the company's own numbers justify ($1.97). For indie Semiconductor Inc the two are $0.3100 per share apart. That gap is exactly why we show both numbers side by side.
How much is indie Semiconductor Inc worth?
The market values indie Semiconductor Inc at about $483M (market capitalisation, as of Nov 11, 2026). Per share that is $2.28; our models calculate a fair value of $1.97 per share.
What do the bullish and bearish scenarios say about INDI?
Our models span a range for indie Semiconductor Inc: cautious scenario $1.48, base $1.97, optimistic $2.46 per share (as of Nov 11, 2026, price $2.28). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of indie Semiconductor Inc (INDI)?
Balance-sheet figures for indie Semiconductor Inc (as of Nov 11, 2026): return on equity −44.3%, debt of 0.95 per unit of equity. They feed the Quality Score of 22/100, which measures business quality independently of the share price.
How far is INDI from its 52-week high?
indie Semiconductor Inc trades at $2.28, about 57% below its 52-week high of $5.34 and 68% above the low of $1.36 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of $1.97 is for.
Which stocks are comparable to indie Semiconductor Inc?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is indie Semiconductor Inc stock attractive at the current price?
The data as of Nov 11, 2026: price $2.28, calculated fair value $1.97 (−14%), Quality Score 22/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. indie Semiconductor Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of indie Semiconductor Inc (INDI)?
The closing price on Nov 10, 2026 was $2.28. Our estimate is $1.97, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with indie Semiconductor Inc right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Key figures of indie Semiconductor Inc

How large is the market capitalisation of indie Semiconductor Inc (INDI)?
The market capitalisation of indie Semiconductor Inc is $483M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of indie Semiconductor Inc (INDI)?
The price-to-sales ratio of indie Semiconductor Inc is 2.06 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of indie Semiconductor Inc (INDI)?
Earnings per share at indie Semiconductor Inc are $−0.7200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of indie Semiconductor Inc (INDI)?
The net margin of indie Semiconductor Inc is −60.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of indie Semiconductor Inc (INDI)?
The return on equity (ROE) of indie Semiconductor Inc is −44.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of indie Semiconductor Inc (INDI)?
On an EBIT basis the return on assets of indie Semiconductor Inc is −17.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of indie Semiconductor Inc (INDI)?
The operating margin of indie Semiconductor Inc is −55.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at indie Semiconductor Inc (INDI)?
Revenue at indie Semiconductor Inc is growing +30.9% versus a year earlier (3y avg +25.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does indie Semiconductor Inc (INDI) generate?
The free cash flow of indie Semiconductor Inc is −$71.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does indie Semiconductor Inc (INDI) carry?
The net debt of indie Semiconductor Inc is $224M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch indie Semiconductor Inc in the live analysis

One click puts indie Semiconductor Inc on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.