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 (?)






Correlated Stock Forecasts

Assets that tend to move strongly with INDI



YOU Forecast + Options Trading Strategies   [YOU]  Clear Secure (0.87)


AES Forecast + Options Trading Strategies   [AES]  AES (0.87)


TXG Forecast + Options Trading Strategies   [TXG]  10x Genomics (0.87)


AMBA Forecast + Options Trading Strategies   [AMBA]  Ambarella (0.86)


JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to INDI



COCO Forecast + Options Trading Strategies   [COCO]  Vita Coco (0.0)


CRK Forecast + Options Trading Strategies   [CRK]  Comstock Resources (-0.0)


GS Forecast + Options Trading Strategies   [GS]  Goldman Sachs Group (0.0)


IAT Forecast + Options Trading Strategies   [IAT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Regional Banks (-0.01)


SPGI Forecast + Options Trading Strategies   [SPGI]  S&P Global (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against INDI



YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.75)


CNX Forecast + Options Trading Strategies   [CNX]  CNX Resources (-0.75)


SU Forecast + Options Trading Strategies   [SU]  Suncor Energy (-0.76)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (-0.77)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.8)





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