Added to YB: 2025-01-10
Pitch date: 2024-11-25
AIP [bullish]
Arteris, Inc.
+87.41%
current return
Author Info
No bio for this author
Company Info
Arteris, Inc., together with its subsidiaries, provides semiconductor system intellectual property solutions in the United States, rest of the Americas, China, Korea, the rest of the Asia Pacific, Europe, and the Middle East.
Market Cap
$319.5M
Pitch Price
$8.50
Price Target
66.50 (+308%)
Dividend
N/A
EV/EBITDA
-10.07
P/E
-9.34
EV/Sales
4.62
Sector
Software
Category
growth
Arteris, Inc. - $AIP
AIP: Leading semiconductor IP provider for NoC in SoCs. Key in ADAS, AI/ML chips. 90% GM, 16% ACV+Royalties growth. Undervalued at 3x EV/Rev vs ARM 29x, CDNS 16x, SNPS 12x. Strong Q4: 11% rev growth, 50% bookings growth. $66.50 PT (700% upside). Catalyst: Revenue growth, potential acquisition by CDNS/SNPS.
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