INDI - indie Semiconductor: A Close Look At Profitability
2024-04-30 05:58:05 ET
Summary
- indie Semiconductor designs semiconductors for automotive computing, with a focus on ADAS and cabin experience.
- In this article, I take a close look at the Company's road to profitability.
- My analysis suggests that despite some short-term headwinds, indie is well-positioned to achieve and sustain profitability.
- indie's valuation looks cheap relative to its future prospects, so I rate INDI stock a strong buy.
indie Semiconductor ( INDI ) designs semiconductors and components for automotive compute. indie's main business is in making processors for ADAS (advanced driver assistance systems) that use data from various sensors like cameras, radar, and LiDAR. indie also makes systems for cabin experience elements like lighting and wireless charging, and is making inroads in automotive electrification....
indie Semiconductor: A Close Look At Profitability