Out Fox The $treet

Update - Oct. 14, 2025 The stock is surging on more news of working on quantum computers, though indie Semi. hasn't announced anything material revenue related. The stock has soared to new highs regardless.  Original article posted on Aug. 13  indie Semiconductor is entering a major ADAS ramp, with a $7.1B backlog and a goal of $800M sales by 2028. The auto tech company is reporting stable financials, with manageable losses and a strong cash position, giving time for product ramps to materialize. indie Semiconductor is expanding into humanoid robots and quantum communications, adding exciting optionality beyond core auto tech, with real orders already secured. At just 3x conservative 2026 sales estimates, the stock remains ultra cheap with substantial upside as ADAS ramps and new markets develop. indie Semiconductor, Inc.  ( NASDAQ: INDI ) has had a painful year until recently. The auto tech company has a massive backlog with promising ADAS orders while quick expansions i...

Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Updated - Dec. 4 indie Semi. got crushed from a convertible debt offering. The auto tech company didn't need the cash. This dip is insane.  -indie Semiconductor (NASDAQ:INDI) said on Monday that it plans to offer, subject to market and other conditions, $175M aggregate principal amount of its convertible senior notes due 2029, through a private offering to institutional buyers. -indie expects to grant the initial purchasers in the offering an option to purchase up to an additional $26.25 million aggregate principal amount of notes. Original article posted on Nov. 24  indie Semiconductor faced a tough 2024 but is poised for significant growth in 2025 and beyond, driven by EVs and AVs. The company has a strategic backlog of $7.1 billion, focusing on vision and radar for ADAS, in-cabin experience, and electrification. indie Semic...

indie Semiconductor sold off despite strong quarterly earnings, leaving the stock stuck below $10. The company forecasts maintaining 100% growth, yet the stock still appears in the penalty box due to the SPAC transaction. The stock trades at only 4x forward sales, which is similar to slow growth mega-cap semiconductor stocks. indie Semiconductor  ( NASDAQ: INDI ) had a bizarre sell-off following another great quarterly earnings report. The Autotech semiconductor company continues growing revenues at a 100% clip, but the stock remains stuck below $10. My  investment thesis  remains ultra Bullish  on indie now trading at only $7.50 following the post Q2 selloff. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Update - June 5, 2023 Intel dumping shares should cap the stock in MobilEye following the irrational double top at $46. -Mobileye Global (NASDAQ:MBLY) on Monday announced the commencement of a secondary stock offering of up to 35M of its class A shares by a unit of Intel (INTC). -The Intel (INTC) unit selling the shares in the offering is Intel Overseas Funding Corporation. Update May 25, 2023   The Wells Fargo analyst sounds really bullish, but the price target only offers 25% upside. The better bet is Luminar Tech. ( LAZR )  at these prices. -Mobileye (NASDAQ:MBLY) shares rose more than 4% in pre-market trading on Thursday as Wells Fargo started coverage on the autonomous driving semiconductor company with an overweight rating. -Analyst Aaron Rakers, who also put a per-share price target of $50 on Mobileye (MBLY), noted that the company is ...

  indie Semiconductor reported another strong quarter with revenues surging 74% YoY. The GEO acquisition adds a strong automotive camera business for an initial payment of only $180 million. The stock is cheap at 3x forward sales. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   indie Semiconductor  ( NASDAQ: INDI ) continues to prove that not all SPACs were bad. The Autotech company reported another solid quarter to end 2022, as the company rides the auto megatrends. My  investment thesis  remains ultra Bullish  on the stock, even after the rally back to the $10 SPAC price. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

  Qualcomm hosted an Auto Investor Day on September 22 to highlight the booming business in the auto sector. The wireless chip company enters a new era with business quickly shifting into the Autotech sector with a design-win pipeline surging to $30 billion. The stock shouldn't trade at only 9x EPS FY23 targets. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   Only a few years ago,  Qualcomm  ( NASDAQ: QCOM ) didn't have much of a business beyond smartphones. Now, the wireless chip giant hosted an  Auto Investor Day  due to surging demand and a growing order  book. My  investment thesis  is ultra-Bullish on the stock due to the cheap valuation on the dip to $120 and the growth opportunities outside of handsets. Read the full article on Seeking Alpha.  Disclosure: Long QCOM. Please review the disclaimer page for more details. 

  Ambarella cut guidance for current quarter revenues by a sizable amount due to supply chain issues. The chip company continues to have a large order book in the auto tech sector. The stock isn't exceptionally cheap at 7x FY24 sales, but the auto tech market potential makes Ambarella a buy. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More » While  Ambarella  ( NASDAQ: AMBA ) was ready to roll last quarter, the Chinese covid lockdowns further dented supplies and demand. The computer vision company still has a massive auto order book warranting investor interest as the  stock dips. My  investment thesis  remains Bullish on the stock, but the summer months will remain rocky due to supply chain issues and extended auto tech orders. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.