Benchmark Raises PT on Indie Semiconductor, Inc. (INDI) from $6 to $8

Indie Semiconductor, Inc. (NASDAQ:INDI) is one of the best stocks for quick returns.

Benchmark Raises PT on Indie Semiconductor, Inc. (INDI) from $6 to $8

A worker in a factory using a robotic arm to assemble automotive body panels.

Citing increased optimism following a virtual investor meeting with the company’s leadership, Benchmark increased its price target on INDI from $6 to $8 on June 25, 2025. The analyst highlighted Indie Semiconductor, Inc.’s (NASDAQ:INDI) differentiated position in the radar and machine vision space, particularly for automotive ADAS (Advanced Driver-Assistance Systems), which is a rapidly growing market. Furthermore, the analyst praised the company’s secured contracts for future product designs, which position INDI well for continued growth. Finally, Benchmark pointed toward the company’s expected entry into its first meaningful revenue ramp phase in the short term, which further fuels its future growth.

Indie Semiconductor, Inc. (NASDAQ:INDI) is focused on designing advanced chips and photonic components for ADAS, LiDAR, in-cabin monitoring, radar, and electrification technologies across the automotive industry. INDI is one of the best stocks to buy.

While we acknowledge the potential of INDI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INDI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.