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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
10/23/2026: AIP (3-star) is currently NOT-A-BUY. Pass it for now.
Arteris Inc is a specialized semiconductor IP company known for its Network-on-Chip technology, which acts as the 'highways' for data within complex chips. The company's primary strength lies in its neutral, independent business model, making it a viable alternative to the dominant EDA conglomerates. Its growth story is tied to the accelerating demand for AI and automotive chips, which require highly optimized, complex designs. Risks include stiff competition from larger, better-capitalized players and revenue concentration among key customers. The stock may best suit growth-focused investors who understand the cyclical risks of the semiconductor sector and are monitoring the company’s progress toward sustainable profitability.
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 | Arteris operates in the high-growth semiconductor IP market driven by increasing SoC complexity. |
| Momentum investor | Mixed fit | Momentum is conditional on positive market sentiment toward chip stocks and company-specific growth signals. |
| Value investor | Weak fit | The company is currently in a growth-investment phase with limited profitability metrics. |
| Dividend investor | Weak fit | Arteris does not pay a dividend and focuses on capital reinvestment. |
| Low-risk investor | Weak fit | The stock exhibits volatility characteristic of small-cap growth technology companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is susceptible to shifts in sentiment regarding the semiconductor sector. |
| Valuation risk | Medium / high | Growth-stage valuations are sensitive to interest rates and future earnings expectations. |
| Competition risk (EDA platform dominance) | High | Larger competitors with integrated platforms can bundle their own interconnect IP. |
| Business quality | Medium | While the IP is critical, the company's smaller scale limits its market influence. |
| Dividend income | Low / none | Investors should expect zero income contribution from this equity. |
| Execution risk | Medium | Success depends on continuously innovating to keep pace with rapid advancements in chip design nodes. |
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 10/23/2026 |
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 936.84M USD | Price to earnings Ratio - | 1Y Target Price 37.29 |
Price to earnings Ratio - | 1Y Target Price 37.29 | ||
Volume (30-day avg) 664.3K shares | Beta 1.9 | 52 Weeks Range 12.06 - 50.26 | Updated Date 10/25/2026 |
52 Weeks Range 12.06 - 50.26 | Updated Date 10/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.87 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| IP Licensing | Upfront license fees for using FlexNoC and other interconnect IP in semiconductor designs. | Arteris gets paid when chip designers choose its technology for their new products. |
| Royalties | Per-chip royalty payments collected when customers mass-produce chips containing Arteris IP. | This provides a long-term, scalable revenue stream as customers' chip shipments increase. |
| Maintenance & Support | Recurring service fees for software updates and technical engineering support. | This creates a predictable revenue base that supports operational expenses. |
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 449.64M | Price to Sales(TTM) 11.07 |
Enterprise Value 449.64M | Price to Sales(TTM) 11.07 | ||
Enterprise Value to Revenue 7.11 | 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 65.69 |
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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