INDI - Indie Semiconductor: Artificial Intelligence Processing Is A Game Changer
2024-06-28 06:49:17 ET
Summary
- Indie Semiconductors offers semiconductor and software automation solutions with global reach.
- I think that collaboration with Expedera, efficiency improvements, scalability growth, and lower power consumption are unlevered FCF drivers.
- Indie Semiconductor's recent acquisitions, inorganic growth strategy, and strong relationships with Top Tier 1 automotive suppliers contribute to future net sales growth.
- My valuation target is between $8 and $9 per share.
- I obtained these target values by using discounted cash flow analysis, a comparison with previous transactions, and acquisitions made by Indie.
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