Bullish Case: INDI's global distribution agreement with Avnet could significantly boost its automotive semiconductor sales, exploiting key automotive megatrends.


Bearish Case: Recent insider sales and a 30% drop from last year signal potential concerns about INDI’s future valuation and insider confidence.


Potential Outcomes: 45% chance INDI strengthens on Avnet deal and sector tailwinds; 35% chance of stagnation amid market scepticism; 20% risk of further decline on insider sales.


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April 11, 2024


Indie Semiconductor Forecast

INDI        Indie Semiconductor
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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