Part 2: Deep dive on Indie Semiconductor ($INDI)
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Here’s part 1 of the INDI writeup in case you missed it…
Company: indie Semiconductor
Ticker: (INDI)
Website: www.IndieSemi.com
IPO date: June 11, 2021 (through SPAC)
IPO price: $10.17
Current stock price: $9.18
Outstanding shares: 164.3 million
52 week high: $11.12 on March 3, 2023
52 week low: $5.66 on December 30, 2022
ATH: $16.33 on November 16, 2021
Market cap: $1.508 billion
Net cash/debt: +$34 million
Enterprise value: $1.474 billion
Headquarters: Aliso Viejo, California, United States
Number of employees: 600+
Average price target from analysts: Yahoo Finance says the average price target is $15.67 however if you only include the 3 analysts that have updated their price targets in the past 6 months than it’s actually $13.33 which is still 45% above the current price.
Investor Relations [click here]
Q1 2023 Earnings Report [click here]
Company Presentation, Summer 2023 [click here]
Outline
Introduction
Company Background
Opportunity
Business Model
Competitive Advantages
Risks
Valuation
Investment Model
Analysts
Technicals
Conclusion
Additional Sources
Below the paywall is part 1 of the Indie Semiconductor (INDI) deep dive along with links to my investment portfolio (up ~100% YTD), daily activity, investment models and daily webcasts.