In a report released today, Gus Richard from Northland Securities maintained a Buy rating on Arteris (AIP – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $6.66.
According to TipRanks, Richard is a top 100 analyst with an average return of 19.4% and a 58.59% success rate. Richard covers the Technology sector, focusing on stocks such as Intel, SolarEdge Technologies, and Camtek.
Currently, the analyst consensus on Arteris is a Moderate Buy with an average price target of $10.67.
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AIP market cap is currently $240.3M and has a P/E ratio of -6.87.
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Arteris (AIP) Company Description:
Arteris Inc is a provider of network-on-chip interconnect semiconductor intellectual property (IP) and IP deployment technology to accelerate system-on-chip semiconductor development and integration for a wide range of applications from AI to automobiles, mobile phones, IoT, cameras, SSD controllers, and servers for customers such as Bosch, Baidu, Mobileye, Samsung, Toshiba and…
Read More on AIP:
- Arteris Announces Financial Results for the Third Quarter 2023 and Fourth Quarter and Full Year 2023 Guidance
- Arteris IP awarded ISO 9001 certification for semiconductor system IP system
- Arteris Awarded ISO 9001 Certification for Semiconductor System IP Quality Management System
- Semidynamics and Arteris Partner To Accelerate AI RISC-V System-on-Chip Development
- Arteris IP, Semidynamics partner to accelerate AI RISC-V
