indie Semiconductor (INDI) vs LightPath Technologies (LPTH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
LightPath Technologies (LPTH) has outperformed indie Semiconductor (INDI) over the past year, gaining 12.1% versus a loss of 42.6%. Over five years, LPTH leads with a +387.0% price change compared with -76.5% for INDI. LightPath Technologies is the larger company by market cap ($682.2 million vs $603.9 million), about 1.1 times the size.
On valuation, indie Semiconductor trades at a lower forward P/E (31.6x vs 88.5x for LightPath Technologies).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | INDI | LPTH |
|---|---|---|
| Share price | $2.61 | $9.74 |
| Market cap | $603.86M | $682.15M |
| 1-day change | -4.93% | -6.35% |
| YTD return | -26.20% | -9.81% |
| 1-year return | -42.62% | +12.08% |
| 5-year return | -76.51% | +387.00% |
| Forward P/E | 31.55 | 88.55 |
| EPS (TTM) | $-0.73 | $-0.38 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $6.05 | $18.94 |
| 52-week low | $2.32 | $5.83 |
| Distance from 52-week high | -56.94% | -48.57% |
| Analyst consensus | none | none |
| Avg. price target upside | +119.58% | +62.22% |
| Average volume | 5.77M | 2.94M |
| Shares outstanding | 217.93M | 70.04M |
| Employees | 800 | 414 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LPTH has outperformed INDI by 54.7 percentage points over the past year.
About indie Semiconductor
INDI stock →indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications.
Technology · Semiconductors · 800 employees
About LightPath Technologies
LPTH stock →LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally.
Technology · Semiconductors · 414 employees
INDI vs LPTH FAQ
Which is bigger, indie Semiconductor or LightPath Technologies?
LightPath Technologies (LPTH) is larger, with a market capitalization of $682.15M compared with $603.86M for indie Semiconductor (INDI).
Which stock has performed better over the past year, INDI or LPTH?
LPTH returned +12.08% over the past 12 months, compared with -42.62% for INDI (price return, excluding dividends). Past performance does not predict future results.
Are indie Semiconductor and LightPath Technologies in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.