Professional
Added to YB: 2024-05-10
Pitch date: 2024-03-31
INDI [bullish]
indie Semiconductor, Inc.
-40.96%
current return
Author Info
No bio for this author
Company Info
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications.
Market Cap
$885.3M
Pitch Price
$7.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
-11.86
P/E
-5.51
EV/Sales
5.33
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Baron Global Advantage Fund New Portfolio Holding: indie Semiconductor, Inc.
INDI: Rapidly growing automotive semi co. leveraging expertise to gain share in ADAS, connectivity, electrification. $6.3B design wins vs $220M '23 rev, doubled last 3 yrs. Targeting 60%+ GM, 30%+ OM, $1B+ rev by decade end. Stock mispriced on de-SPAC, auto cycle fears. Significant upside.
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