3Mon·

Grandpa and His Keen Sense of Smell

Hello, everyone,

It turns out our dear @Dividendenopi really had a good nose for this. And after the presentation, we immediately added the stock to the portfolio.

Indie Semiconductor – Q2 Earnings Summary

Financial Figures

Revenue: $64 million → +24% YoY → above expectations (consensus: $62.5 million)
EPS: –0.05 USD → exactly in line with estimates → loss improves significantly:
Previous year: –$14.5 million
Current: –$8.9 million

Operational Highlights

Strong 77-GHz radar momentum → OEM wins in North America, Europe, and China
New Tier 1 radar design win (Volvo)
Physical AI design wins → Unitree, Agibot
New vision processor design wins (iND880) → Leading OEMs in China
Record Quarter for Quantum Bookings → including customer-funded programs

Outlook (Q3 Guidance)

Revenue: $67–73 million → corresponds to approx. +30% YoY → Street estimate: $70.4 million
Revenue mix:
$40 million Core business
$30 million Wuxi Indie Micro

Market reaction

Stock in after-hours trading: +17.2% to $4.02 → 52-week range: $2.32–$6.05

Quick Summary

Indie delivers a strong quarter of growth, beats revenue estimates, significantly reduces losses, and shows massive operational traction in radar, vision, and physical AI. The Q3 guidance is robust, and the stock is reacting positively as a result.

Tenbagger-Capital

@Tenbagger-Capital

5Mon·

The moment when the story becomes reality, Future technology on the way to scaling.

Hello my dears,

Yesterday Juan was asked through the flower of @Multibagger to look for a few more exciting companies in the field of wireless connectivity.

That's why Juan went looking in the afternoon. And he found an exciting company from the semiconductor sector, but one that focuses on wireless connectivity in vehicles.

Of course, Juan made sure that the company also fits in with the strategy of @Multibagger strategy.

That's why this is a hot potato, but one that could explode thanks to the autonomous driving and robotics story.

That is why we are particularly reliant on your comments today. To get a good assessment of the potential.

$INDI (+2.94%)

Indieone of the fastest growing technology innovators, is dedicated to developing advanced silicon, photonics and sensor system solutions demanded by the automotive, industrial mobility and related applications.

indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience and electrification applications. It designs, develops, manufactures and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems. In addition, it offers ultrasonic sensors for parking assistance and systems The company also offers LiDAR for distance, speed and obstacle detection, collision avoidance and emergency braking systems Furthermore, the company develops, manufactures and integrates photonic components and subsystems on various technology platforms, including fiber Bragg gratings (FBG), low-noise lasers, athermal and tunable packaging utilizing low-noise and high-speed electronics In addition, the company develops LiDAR, cybersecurity-enabled microcontrollers and sensor fusion processors. The company provides solutions in the United States, Greater China, Europe, South Korea, the rest of North America, the rest of Asia Pacific and South America. indie Semiconductor, Inc. was founded in 2007 and is headquartered in Aliso Viejo, California.

Indie Overview for Arm - subject to NDA

May 11, 2026

Indie zur Übernahme der CMOS-Bildsensor-Produktlinie von ams OSRAM

Weiterlesen

May 7, 2026

Indie berichtet Ergebnisse des ersten Quartals 2026

Weiterlesen

March 23, 2026

Indie erweitert sein Quanten-Portfolio mit seiner ersten UV-DFB-Laserquelle mit einer Wellenlänge von 399 nm

February 4, 2026

Indie kündigt strategische Partnerschaft zur Lieferung seiner branchenführenden Emotion3D-Sicherheitsüberwachungssoftware für die Kabine für Mahindras Premium Electric Origin SUVs an

Download

October 14, 2025

Indies schmale, linienbreite, verteilte Rückkopplungs-Sichtbare Laser ermöglichen quantenoptimierte Technologien

August 7, 2025

Indie-Halbleiter wird den führenden Anbieter der Automobilwahrnehmungssoftware emotion3D übernehmen

Download

Juan's conclusion (Indie Semiconductor - Key financial figures 2025-2028)

Hoodie on, figures in view - here comes the crisp conclusion.

Indie looks like a classic "deep tech turnaround with turbo option". 2025 and 2026 are still clearly characterized by losses, but the direction is right: Sales are growing faster every year, margins are improving cleanly, and in 2027 the operating business tips into positive territory for the first time.

The real game changer is 2028: Net profit jumps massively into positive territory, ROE turns double-digit, and net debt is almost completely eliminated. This shows that the business model is finally scaling and the cash machine is starting up.

In short: INDI runs 2025-2026 in ramp-up, 2027 in transition - and 2028 in full throttle mode. For investors, this is the moment when a story becomes a real business model.

Market value 885.3

Number of shares (in thousands) 211,289

Date of publication 19.02.2026

Juan conclusion (INDI 2025-2028 valuation ratios)

Hoodie on, look at the multiples - here is the short, clear conclusion.

Indie Semiconductor shows a valuation picture that fits perfectly with a turnaround tech player. The years 2025-2027 still look chaotic: negative P/E ratios, shaky cash flows, PEG values that are more technical artifacts than real signals. But this is typical of companies that are still being built up.

The crucial point is 2028: The P/E ratio jumps into positive territory, the P/B ratio normalizes, and the FCF yield turns green. The valuation profile suddenly no longer looks like a "story stock", but like a company entering the earnings phase.

In short: 2025-2027 are valuation noise - 2028 is the moment when the numbers start to confirm the story. A classic re-rating case with a clear improvement in quality.

Juan summary

Hoodie on, view of the matrix.

INDI looks like a tech turnaround tipping into the maturity phase in 2028. Growth is brutally strong, profitability is turning clean, cash flow is becoming more stable and valuation is normalizing. Not a "sure tenbagger" yet, but the momentum is right - and 2028 is the first real vintage that looks like a scaling business model.

18,05,2026

today, 18:15:17 -

Nasdaq (USD)

3.920 USD

$INDI (+2.94%)

+ 4

16 Comments

Brian@Aktienhauptmeister

3Mon

@Dividendenopi Hey Grandpa, can I use your keen sense of smell sometime, too? 😂

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Dividendenopi👴@Dividendenopi

3Mon

@Aktienhauptmeister But only if you don't tell @Get_Rich_or_Die_Tryin 😜

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

3Mon

And the position is only marginally in the black in the project.😉 So it seems the little guy got carried away a bit too soon. The price jump has so far only been enough to make up for the negative price performance up to this point.😅

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Tenbagger-Capital@Tenbagger-Capital

3Mon

@Get_Rich_or_Die_Tryin Yeah, yeah, my friend, just wait—the rally's really just getting started now. You're quite the cherry-picker 🙈😂 Or a party crasher.

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Dividendenopi👴@Dividendenopi

3Mon

@Get_Rich_or_Die_Tryin The project isn't designed for quick results. Indie rose to the top pretty quickly, but like many tech stocks, it took a hit, and we were set back quite a bit. The investment thesis is becoming increasingly clear, and the next few months will prove it. By the time they’ve doubled by the end of the year at the latest, I’ll rub it in your face 🤭😂😂😉😉

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

3Mon

@Dividendenopi You can do that, absolutely.😘 I just wanted to point out—amid all the widespread excitement about the title due to its recent jump up the rankings—that the title is currently only breaking even in the project and is definitely NOT in rally mode yet.😊

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

3Mon

@Tenbagger2024 Don't crash the party, my friend. I just don't want to give the less experienced members of this community the wrong impression or raise false expectations.😘

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Tenbagger-Capital@Tenbagger-Capital

3Mon

@Get_Rich_or_Die_Tryin Yeah, okay, okay—I guess we'd better take a closer look at Leonhard Aschenbrenner.

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Dividendenopi👴@Dividendenopi

3Mon

@Get_Rich_or_Die_Tryin Yep, just like some others, unfortunately. They did what we expected, and then it all came crashing down—see B&W and a few others. The indie sector was speculative overall, and after sharp corrections, it’s all the more satisfying when expectations are met and exceeded. And, of course, it’s great that one more stock has moved out of the red.

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Tenbagger-Capital@Tenbagger-Capital

3Mon

@Dividendenopi @Get_Rich_or_Die_Tryin July was a tough month for the project and really pushed us to our limits. That's probably why we're feeling a little more euphoric now.

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Andy@ZwillingsDad

@Tenbagger-Capital @Dividendenopi According to my information, the Q3 earnings will be released today after the U.S. market closes.
What do you guys think?
Expectations for the earnings seem to be pretty high.

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Tenbagger-Capital@Tenbagger-Capital

@ZwillingsDad @Dividendenopi Have you brought Marvin on board yet?

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Tenbagger-Capital@Tenbagger-Capital

@ZwillingsDad Eight analysts estimate earnings per share (EPS) to average -0.039 USD. This would represent a 79.47 percent increase in EPS compared to the previous year’s result, when the company reported -0.190 USD per share. Looking ahead to the fiscal year, 8 analysts on average expect a loss per share of -$0.174. In the previous year, a loss of -$0.730 per share was reported. On the revenue side, 8 analysts expect an average of $266.6 million, compared to $217.4 million reported in the previous year.

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Dividendenopi👴@Dividendenopi

@ZwillingsDad A very double-edged sword in the current situation. It was supposed to be a turnaround candidate in the project, but in the opposite direction 😂🤭, and the “sniffer” took a nosedive. From a technical analysis perspective, there’s not much more to say—all moving averages have been breached, and the downtrend remains confirmed, as seen from the current perspective, by the ever-lower highs and lows. Even the oversold RSI isn’t a signal for a trend reversal. Entering the market ahead of the earnings report would be highly speculative. Revenue is growing again, but debt and cash flow remain significant weaknesses. Today’s earnings report could completely change the situation—in either direction. If you want to take a gamble, buy and set a stop-loss (SL) on the downside, using only a portion of the money you might otherwise invest. If the earnings come in poorly and the price heads toward $1.45 or below, I’d hold off on adding to the position for now and avoid buying into a supposed dip. If the numbers are positive, then you’ve at least got a foot in the door, but here, too, the rule is: don’t rush to buy into a supposed rally right away; instead, wait to see if the $1.70 level can be sustainably broken and held, while also paying attention to volume—that is, whether high volume—not just on a single day —can confirm the breakout. But that’s just my rambling and not advice on any course of action 😇

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Andy@ZwillingsDad

@Dividendenopi @Tenbagger-Capital Thanks for your input. And I know how to take your thoughts on this into account.
But they actually reinforce my current assessment of the company.
It remains a hot stock and highly speculative.

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Tenbagger-Capital@Tenbagger-Capital

@ZwillingsDad 01
indie Semiconductor has completed the final space qualification of its superluminescent LEDs (SLEDS).

The components from the photonics portfolio were selected for the Copernicus CHIME mission.

CHIME is designed to provide hyperspectral imagery for environmental applications.

This selection builds on Indie’s existing work on space programs. In my opinion, this is a long-term investment that requires patience.

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