Arteris, Inc. (AIP)
NASDAQ: AIP · IEX Real-Time Price · USD
8.06
-0.36 (-4.28%)
At close: Jul 19, 2024, 4:00 PM
7.99
-0.07 (-0.87%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Arteris Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Arteris stock have an average target of 13.75, with a low estimate of 9.00 and a high estimate of 17. The average target predicts an increase of 70.60% from the current stock price of 8.06.
Analyst Consensus: Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for Arteris stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $11 → $9 | Strong Buy → Hold | Downgrades | $11 → $9 | +11.66% | May 13, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +86.10% | May 3, 2024 |
| Wedbush | Wedbush | Buy Reiterates $17 | Buy | Reiterates | $17 | +110.92% | Feb 20, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Reiterates $21 | Strong Buy | Reiterates | $21 | +160.55% | Sep 13, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $16 → $14 | Buy | Maintains | $16 → $14 | +73.70% | Sep 6, 2023 |
Financial Forecast
Revenue This Year
56.70M
from 53.67M
Increased by 5.65%
Revenue Next Year
68.82M
from 56.70M
Increased by 21.38%
EPS This Year
-0.55
from -1.03
EPS Next Year
-0.31
from -0.55
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 59.3M | 73.7M | 81.7M | 93.3M |
| Avg | 56.7M | 68.8M | 78.6M | 89.8M |
| Low | 54.9M | 65.2M | 76.2M | 87.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 10.5% | 30.0% | 18.7% | 18.8% |
| Avg | 5.6% | 21.4% | 14.2% | 14.3% |
| Low | 2.3% | 14.9% | 10.8% | 10.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.55 | -0.22 | -0.33 | -0.19 |
| Avg | -0.55 | -0.31 | -0.32 | -0.18 |
| Low | -0.55 | -0.45 | -0.31 | -0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | - |
| Avg | - | - | - | - |
| Low | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.