Professional
Added to YB: 2024-05-10
Pitch date: 2024-03-31
INDI [bullish]
indie Semiconductor, Inc.
-51.55%
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, driver automation, in-cabin, connected car, and electrification applications.
Market Cap
$759.8M
Pitch Price
$7.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
-9.93
P/E
-4.99
EV/Sales
4.57
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.
Read full article (2 min)