Analyst Price Target is $16.00
▲ +118.58% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Arteris in the last 3 months. The average price target is $16.00, with a high forecast of $21.00 and a low forecast of $12.00. The average price target represents a 118.58% upside from the last price of $7.32.
Current Consensus is
Buy
The current consensus among 4 contributing investment analysts is to buy stock in Arteris. This Buy consensus rating has held steady for over two years.
Arteris, Inc. provides semiconductor interconnect intellectual property (IP) and IP deployment solutions 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 System-on-Chip (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 IP deployment products comprising Magillem Connectivity that shortens and streamlines the SoC integration process; Magillem Registers and CSRCompiler that addresses hardware-software integration challenges for SoCs; and Harmony Trace that provides an enterprise-level server-based application with a web-based user interface. 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.
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