MetaCap

indie Semiconductor (INDI) vs Everspin Technologies (MRAM)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Everspin Technologies (MRAM) has outperformed indie Semiconductor (INDI) over the past year, gaining 56.1% versus a loss of 38.0%. Over five years, MRAM leads with a +186.2% price change compared with -75.3% for INDI. indie Semiconductor is the larger company by market cap ($635.2 million vs $419.6 million), about 1.5 times the size.

On valuation, indie Semiconductor trades at a lower forward P/E (33.2x vs 35.6x for Everspin Technologies).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

INDI-38.01%MRAM+56.07%
+316%+127%-62%
Oct 7, 20251 yearOct 7, 2026
INDI-76.34%MRAM+182.46%
+546%+215%-116%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

INDI versus MRAM key metrics
MetricINDIMRAM
Share price$2.74$17.23
Market cap$635.16M$419.55M
1-day change-3.86%-2.98%
YTD return-22.38%+85.67%
1-year return-38.01%+56.07%
5-year return-75.29%+186.21%
Forward P/E33.1935.65
EPS (TTM)$-0.73$-0.12
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$6.05$51.50
52-week low$2.32$7.35
Distance from 52-week high-54.71%-66.54%
Analyst consensusnonestrong_buy
Avg. price target upside+108.76%+48.98%
Average volume5.75M1.08M
Shares outstanding217.93M24.35M
Employees80085
SectorTechnologyTechnology
IndustrySemiconductorsSemiconductors

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

  • MRAM has outperformed INDI by 94.1 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 Everspin Technologies

MRAM stock →

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) technologies in the United States, Japan, Hong Kong, Germany, Singapore, Canada, and internationally.

Technology · Semiconductors · 85 employees

INDI vs MRAM FAQ

Which is bigger, indie Semiconductor or Everspin Technologies?

indie Semiconductor (INDI) is larger, with a market capitalization of $635.16M compared with $419.55M for Everspin Technologies (MRAM).

Which stock has performed better over the past year, INDI or MRAM?

MRAM returned +56.07% over the past 12 months, compared with -38.01% for INDI (price return, excluding dividends). Past performance does not predict future results.

Are indie Semiconductor and Everspin Technologies in the same industry?

Yes. Both are classified in the Semiconductors industry within the Technology sector.

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