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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 7 Best Fertilizer Stocks to Buy According to Hedge Funds and Growth Stock Portfolio: 12 Companies with At Least 30% Annual Growth Rates.

Disclosure: None.