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B. Riley Securities Maintains Buy on Indie Semiconductor, Lowers Price Target to $4

BenzingaBenzinga Newsdesk

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    indie Semiconductor: 3 Key Takeaways for Long-Term Investors

    indie Semiconductor reported Q3 2026 revenue of $70.2 million, up 31% year-over-year, exceeding guidance. The company achieved a key milestone with automotive radar chipsets entering high-volume production and is expanding into robotics and physical AI. Management targets non-GAAP profitability by Q2 2027 and positive operating cash flow by Q3 2027, with full-year revenue growth expected to exceed 20%.