indie Semiconductor, Inc. (INDI) Fair Value 2026

INDI · Semiconductors ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.3 /10

32 fundamental signals · 3 models active

Value Trap Risk

WARN (53/100)

Quick Summary — As of 2026-08-28, indie Semiconductor, Inc. (INDI) trades at $3.78, versus a $3.63 median fair value across its 3 active models — 3.9% below the current price. QOC: 6.3/10. Value Trap Risk: 53/100 (WARN). 3/13 models active.

Key Facts

Ticker
INDI
Price
$3.78
Quality Score
6.3/10
Value Trap Risk
53/100
Models Active
3/13
Last Updated
Strength: FTNN Topology suggests +16.2% upside with 7% confidence
Risk: Value Trap score of 53 suggests caution despite apparent undervaluation

Is indie Semiconductor, Inc. (INDI) Undervalued or Overvalued in 2026?

According to CirclFi’s 3-model valuation engine, indie Semiconductor, Inc. (INDI) appears fairly valued as of : the median of 3 independent fair value estimates is $3.63, within 3.9% of the current price of $3.78. Estimates range from $2.53 to $4.39. INDI scores 6.3/10 on fundamental quality and 53/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. INDI’s -3.9% gap is narrower than that market norm, and the Semiconductors sector median is -60.5%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy indie Semiconductor, Inc. Stock in 2026? →

What Fair Value Does Each Model Give INDI?

3 Intrinsic Value Models vs. Current Price ($3.78)

Core Models (Unlocked)
Model Fair Value Upside
Relative · Medium Conviction
 $3.63 -3.9%
Option-Based · Medium Conviction
 $2.53 -33.0%
Relative · Low Conviction
 $4.39 +16.2%

All Models Active

All 3 models are displayed above.

What Is INDI's Fair Value Range?

Spread across 3 independent models · $2.53 to $4.39

CirclFi's 3 active models place indie Semiconductor, Inc. (INDI) between $2.53 and $4.39 per share, a spread of 51% of the median. The median of that range — $3.63 — is the fair value CirclFi publishes for INDI, against a current price of $3.78.

Low · PWERMHigh · FTNN
$2.53median $3.63$4.39
Where the range comes from
Most bearish modelPWERM$2.53
Most bullish modelFTNN Topology$4.39
Model agreement1 bullish · 1 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on INDI, not a CirclFi price target. How each model works →

What Is indie Semiconductor, Inc. (INDI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, indie Semiconductor, Inc.'s intrinsic value is estimated at $3.63, presenting a divided outlook at the current price of $3.78. With a median implied return of -3.9% across a split 1–1 (bull–bear) consensus, the model spread of +49.3% underscores analytical uncertainty. Notably, FTNN sees the most upside at +16.2% (fair value: $4.39), while PWERM is the most conservative at -33.0% ($2.53). The spread between these extremes — +49.3% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About INDI?

3 of 13 models are currently active for INDI. Of these, 1 model suggests upside while 2 models suggest overvaluation. Taken together, their median fair value for INDI is $3.63 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does INDI Rank in Semiconductors?

Among 71 Semiconductors stocks, INDI ranks #46 by Quality of Company score. CirclFi's QOC score of 6.3/10 evaluates 32 fundamental signals. A score of 6.3 indicates above-average quality.

See all Most Undervalued Semiconductors Stocks →

The Semiconductors sector introduces analytical considerations specific to chip maker businesses. For indie Semiconductor, Inc., metrics like design win pipeline provide important context that general-purpose valuation models may underweight.

Is INDI a Value Trap?

CirclFi's Value Trap algorithm assigns INDI a score of 53/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

3 of 13 models are active for indie Semiconductor, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, indie Semiconductor, Inc. scores 6.3 out of 10 on our 32-signal quality assessment, a solid rating that maintains reasonable quality metrics with some areas for improvement. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +49.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every INDI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across INDI's 3 active models, average confidence is 29%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy indie Semiconductor, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Semiconductors Stocks Should You Also Analyze?

11 related Semiconductors stocks with 13-model coverage

LEDSSemiLEDs CorporationQOC 6.6QUIKQuickLogic CorporationQOC 6.2MXLMaxLinear, Inc.QOC 6.6GSITGSI Technology, Inc.QOC 6.1LASRnLIGHT, Inc.QOC 6.7MXMagnachip Semiconductor CorporationQOC 6.0ARMArm Holdings plcQOC 3.1ADIAnalog Devices, Inc.QOC 9.0SITMSiTime CorporationQOC 7.4NVDANVIDIA CorporationQOC 10.0AVGOBroadcom Inc.QOC 9.8

Read investment analysis: LEDS · QUIK · MXL · GSIT · LASR · MX · ARM · ADI · SITM · NVDA · AVGO

Which Other Stocks Have a Similar Quality Score to INDI?

6 companies across all industries closest to INDI’s Quality of Company score of 6.3/10.

CARLCarlsmed, Inc.QOC 6.3PKPark Hotels & Resorts Inc.QOC 6.3CMCMCheetah Mobile Inc.QOC 6.3CVRChicago Rivet & Machine Co.QOC 6.3BWMGBrownie's Marine Group, Inc.QOC 6.3GBDCGolub Capital BDC, Inc.QOC 6.3

Read investment analysis: CARL · PK · CMCM · CVR · BWMG · GBDC

Where Does INDI Sit in CirclFi's Semiconductors Rankings?

INDI is ranked against every other Semiconductors stock CirclFi covers in each of these screens.

See all Semiconductors stocks ranked →

What Else Do Investors Ask About indie Semiconductor, Inc.’s Valuation?

What is indie Semiconductor, Inc.'s intrinsic value in 2026?

CirclFi puts indie Semiconductor, Inc. (INDI)'s intrinsic value at $3.63 — the median of 3 independent model estimates as of 2026-08-28, ranging from $2.53 to $4.39. The Quality of Company score is 6.3/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is INDI overvalued or undervalued right now?

At $3.78, 1 of 3 active models suggest INDI may be undervalued, while 2 indicate potential overvaluation. The median of all 3 fair value estimates is $3.63, within 3.9% of the current price of $3.78 — a consensus view that INDI is fairly valued. The assessment depends on which methodology best fits indie Semiconductor, Inc.'s business model in Semiconductors.

What does a Quality of Company score of 6.3 mean for INDI?

indie Semiconductor, Inc.'s QOC of 6.3/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on INDI?

CirclFi analyzes INDI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 3 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on INDI?

Of the 3 models currently active on INDI, FTNN Topology is the most bullish at $4.39 per share, and PWERM is the most bearish at $2.53. CirclFi's published fair value for INDI is the median of that range, $3.63, not either extreme. The gap between the two ends equals 51% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is INDI a value trap in 2026?

indie Semiconductor, Inc.'s Value Trap score is 53/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries.

Cite this analysis — “According to CirclFi’s 3-model valuation engine, indie Semiconductor, Inc. (INDI) has a median fair value of $3.63 — within 3.9% of the current price of $3.78 — as of 2026-08-28.” Source: circlfi.com/stock/INDI/ · Methodology
Primary sources for this INDI valuation
  • Financial statements: indie Semiconductor, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001841925) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for INDI as of ; valuations recomputed .