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Upturn AI Summary - About
Arteris Inc(AIP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AIP
10/09/2026: AIP (3-star) is currently NOT-A-BUY. Pass it for now.
Arteris Inc is a specialized provider of network-on-chip interconnect IP and SoC assembly software, serving as a critical enabler for advanced semiconductor designs. The company's strengths lie in its technical expertise in managing complex on-chip data traffic, particularly for automotive and AI-driven applications. Its growth story is tied to the increasing complexity of modern chips and the trend toward outsourcing silicon IP. However, investors face risks from aggressive competition by larger EDA companies, customer concentration, and cyclical semiconductor R&D trends. This stock is best suited for growth-oriented investors who are comfortable with the volatility inherent in the semiconductor technology sector and who will monitor the company's design win velocity closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company operates in the high-growth semiconductor IP market, benefiting from structural increases in chip complexity. |
| Momentum investor | Mixed fit | The stock's appeal to momentum investors is contingent on the timing of significant design wins and positive market sentiment in the semi sector. |
| Value investor | Weak fit | As a smaller-cap growth company, valuation often trades at a premium to standard value metrics. |
| Dividend investor | Weak fit | The company does not pay a dividend and focuses on reinvesting cash flow into product innovation. |
| Low-risk investor | Weak fit | Exposure to the cyclical and competitive semiconductor industry results in inherent volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock experiences significant price swings due to its status as a small-cap technology company. |
| Valuation risk | Medium / high | High growth expectations can lead to valuation premiums that are sensitive to interest rate changes and earnings performance. |
| Competition risk (EDA/IP incumbents) | High | Arteris competes against well-capitalized EDA giants that have more comprehensive product portfolios. |
| Business quality | Medium | While the product is essential, the customer base concentration and cyclical end-market demand create inherent business risk. |
| Dividend income | Low / none | There is no dividend income for investors, as all capital is used for business development. |
| Execution risk | Medium | Continuous R&D success is required to maintain a technical lead over larger competitors. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 117.27% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.10B USD | Price to earnings Ratio - | 1Y Target Price 39.43 |
Price to earnings Ratio - | 1Y Target Price 39.43 | ||
Volume (30-day avg) 702.1K shares | Beta 1.9 | 52 Weeks Range 12.06 - 50.26 | Updated Date 10/11/2026 |
52 Weeks Range 12.06 - 50.26 | Updated Date 10/11/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.87 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| License Fees | Upfront fees paid by semiconductor companies to use Arteris's FlexNoC and other IP in their SoC designs. | This provides immediate cash inflows when a customer commits to using the company's technology. |
| Maintenance and Royalties | Recurring revenue from support services and a percentage of revenue based on the volume of chips sold by the customer. | This offers predictable, long-tail revenue as customers bring their chips to market and ramp up production. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 172.41 | Enterprise Value 1.07B | Price to Sales(TTM) 13.04 |
Enterprise Value 1.07B | Price to Sales(TTM) 13.04 | ||
Enterprise Value to Revenue 12.7 | Enterprise Value to EBITDA -7.75 | Shares Outstanding 49.15M | Shares Floating 40.34M |
Shares Outstanding 49.15M | Shares Floating 40.34M | ||
Percent Insiders 19.95 | Percent Institutions 65.6 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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