Arteris, Inc. (AIP)
NASDAQ: AIP · IEX Real-Time Price · USD
6.57
-0.02 (-0.30%)
Feb 26, 2024, 12:55 PM EST - Market open

Arteris Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Arteris stock have an average target of 15.5, with a low estimate of 10 and a high estimate of 21. The average target predicts an increase of 135.92% from the current stock price of 6.57.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $15.5 $17 $21
Change +52.21% +135.92% +158.75% +219.63%

Analyst Ratings

The average analyst rating for Arteris stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '23Oct '23Nov '23Dec '23Jan '24Feb '24
Strong Buy 111111
Buy 222223
Hold 111110
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wedbush
Wedbush
Buy
Reiterates
$17
Buy Reiterates $17 +158.75% Feb 20, 2024
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$21
Strong Buy Reiterates $21 +219.63% Sep 13, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$16$14
Buy Maintains $16$14 +113.09% Sep 6, 2023
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$21
Strong Buy Reiterates $21 +219.63% Aug 7, 2023
Rosenblatt
Rosenblatt
Strong Buy
Reiterates
$21
Strong Buy Reiterates $21 +219.63% Aug 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
56.26M
from 53.67M
Increased by 4.83%
Revenue Next Year
72.62M
from 56.26M
Increased by 29.08%
EPS This Year
-0.60
from -1.03
EPS Next Year
0.05
from -0.60
Year 2019202020212022202320242025
Revenue
31.50M31.81M37.86M50.38M53.67M56.26M72.62M
Revenue Growth
-0.99%19.02%33.05%6.53%4.83%29.08%
EPS
0.27-0.19-1.06-0.84-1.03-0.600.05
EPS Growth
-------
No. Analysts -----74
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 63.0M 88.2M
Avg 56.3M 72.6M
Low 51.9M 62.5M

Revenue Growth

Revenue Growth 20242025
High
17.4%
56.8%
Avg
4.8%
29.1%
Low
-3.2%
11.1%

EPS Forecast

EPS 20242025
High -0.43 0.60
Avg -0.60 0.05
Low -0.75 -0.47

EPS Growth

EPS Growth 20242025
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.