Arteris (AIP) Stock Price, News & Analysis

Company Overview

Arteris, Inc. provides semiconductor interconnect intellectual property (IP) and System-on-Chip (Soc) Integration Automation software solutions (SIA) in the Americas, the Asia Pacific, Europe, and the Middle East. The company develops, licenses, and supports the on-chip interconnect fabric technology used in Soc designs and Network-on-Chip (NoC) interconnect IP. Its products include FlexNoC and FlexWay silicon-proven interconnect IP products; Ncore, a silicon-proven and cache coherent interconnect IP product that provides scalable, configurable, and area efficient characteristics; and CodaCache, a last-level cache semiconductor IP product. The company also offers SIA products comprising Magillem Connectivity that shortens and streamlines the SoC integration process; and Magillem Registers and CSRCompiler that addresses hardware-software integration challenges for SoCs. The company serves semiconductor manufacturers, original equipment manufacturers, hyperscale system houses, semiconductor design houses, and other producers of electronic systems. Arteris, Inc. was founded in 2003 and is headquartered in Campbell, California.

Key Stats

• Today's Range: $8.72 to $9.54
• 50-Day Range: $6.77 to $10.29
• 52-Week Range: $4.83 to $10.60
• Volume: 499,807 shs
• Average Volume: 168,967 shs
• Market Capitalization: $380.88 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.00
• Consensus Rating: Moderate Buy

Arteris Stock Analysis - MarketRank™

Arteris scored higher than 74% of companies evaluated by MarketBeat, and ranked 240th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Arteris has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Arteris has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Arteris are expected to grow in the coming year, from ($0.87) to ($0.71) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Arteris is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Arteris is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Arteris has a P/B Ratio of 23.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.55% of the float of Arteris has been sold short.

Short Interest Ratio / Days to Cover

Arteris has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Arteris has recently decreased by 23.30%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Arteris does not currently pay a dividend.

Dividend Growth

Arteris does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.55% of the float of Arteris has been sold short.

Short Interest Ratio / Days to Cover

Arteris has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Arteris has recently decreased by 23.30%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.55

News Sentiment

Arteris has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Arteris this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for AIP on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Arteris to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Arteris insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,055,822.00 in company stock.

Percentage Held by Insiders

33.70% of the stock of Arteris is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

64.36% of the stock of Arteris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AIP Stock Analysis - Frequently Asked Questions

How have AIP shares performed this year?

Arteris' stock was trading at $5.89 at the beginning of 2024. Since then, AIP shares have increased by 61.0% and is now trading at $9.48.
View the best growth stocks for 2024 here.

How were Arteris' earnings last quarter?

Arteris, Inc. (NASDAQ:AIP) announced its quarterly earnings results on Thursday, August, 1st. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.07. The business earned $14.58 million during the quarter, compared to analyst estimates of $13.68 million. Arteris had a negative net margin of 65.72% and a negative trailing twelve-month return on equity of 437.95%.

When did Arteris IPO?

Arteris (AIP) raised $75 million in an initial public offering on Wednesday, October 27th 2021. The company issued 5,000,000 shares at $14.00-$16.00 per share.

Who are Arteris' major shareholders?

Arteris' top institutional investors include Needham Investment Management LLC (6.81%), Franklin Resources Inc. (3.71%), Geode Capital Management LLC (1.49%) and State Street Corp (1.02%). Insiders that own company stock include K Charles Janac, Saiyed Atiq Raza, Laurent R Moll, Wayne C Cantwell, Antonio J Viana, Nicholas B Hawkins, Isabelle F Geday and Paul L Alpern.
View institutional ownership trends.

How do I buy shares of Arteris?

Shares of AIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Arteris own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Arteris investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Super Micro Computer (SMCI) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:AIP
• CUSIP: N/A
• CIK: 1667011
• Web: www.arteris.com
• Phone: 408-470-7300
• Fax: N/A
• Employees: 240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +37.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-36,870,000.00
• Net Margins: -65.72%
• Pretax Margin: -55.76%
• Return on Equity: -437.95%
• Return on Assets: -35.34%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.16
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $54.74 million
• Price / Sales: 6.96
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.41 per share
• Price / Book: 23.12

Miscellaneous

• Outstanding Shares: 40,177,000
• Free Float: 26,637,000
• Market Cap: $380.88 million
• Optionable: Optionable
• Beta: 1.25