Earnings PotentialThe CEO expressed comfort with the Street’s current revenue estimate and the target of achieving EBITDA breakeven in the fourth quarter, with potential for upside if things go according to plan.
Investor ConfidenceAnalyst reiterates Buy rating and raises the Price Target to $8 from $6, based on improved view of ramp potential and long-term growth drivers.
Revenue GrowthIndie Semiconductor's differentiated technology and strategic positioning across global markets is set to drive significant revenue growth and gross margin expansion.