AIP
Arteris, Inc.

Arteris, Inc.AIP

Technology · Semiconductors
24.78USD
+2.57%
Sep 23, 2026
AIP overview ready
Enabling Complex SoC and Chiplet Designs with Advanced On-Chip Interconnect IP
Arteris is a semiconductor design-IP enabler that licenses network-on-chip, coherency, cache, integration, and related system IP used by chip designers building complex SoCs and chiplet-capable architectures.
Narrative not measured
Semiconductor Design Complexity and Heterogeneous IntegrationOn-Chip Interconnect and System IPEnabling supplier
Price trend is broken
Longer-term context reads extended trend, with a near-term setup of daily advance.
The tactical setup reads daily advance, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Dependence on semiconductor industry cyclicality.
Market Sep 22Filing Jun 30Price action Sep 22Research Jul 17

Conviction Level

Theme Heat has no canonical measurement for this company — a research-profile dimension, not an input to this score.

NarrativeHeat—ThemeHeat—PriceAction5.4Valuation2.7CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads extended trend, with a near-term setup of daily advance.
The tactical setup reads daily advance, but the weekly structure is broken.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$1.2B
Avg Volume (60D)
705.3K
60 sessions
Revenue Growth YoY
+22.3%
FY2025 vs FY2024
Gross Margin
+87.6%
Trailing twelve months
Operating Margin
-47.7%
Trailing twelve months
Free Cash Flow Yield
+0.6%
Distance from 200DMA
+1.7%
Next Earnings
2026-11-03
P/E
N/M
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Arteris, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. The business behind it shows an operating margin of -48%.

Company Research

Thesis
Arteris is a semiconductor design-IP enabler that licenses network-on-chip, coherency, cache, integration, and related system IP used by chip designers building complex SoCs and chiplet-capable architectures.
Opportunity
High opportunity
Growing SoC integration, specialized compute blocks, cache-coherent architectures, and chiplet-oriented designs increase demand for reusable interconnect, coherency, and system-integration IP that reduces design complexity and time to tape-out.
Key risk
Dependence on semiconductor industry cyclicality.

Narrative & Theme

Semiconductor Design Complexity and Heterogeneous Integration
Part of On-Chip Interconnect and System IP, with strong fit.
Arteris has direct product exposure to a specific design bottleneck: connecting and managing the growing number of compute, memory, accelerator, security, and peripheral blocks inside advanced SoCs.
Narrative HeatHeating up8.3 / 10
This reading is no longer current (last measured 2026-08-14). It is kept until the next scheduled measurement replaces it.
Theme HeatUnavailable

Business & Markets

Technology · Semiconductors
What they do

Arteris, Inc. develops and licenses semiconductor system intellectual property (IP) solutions that manage on-chip communications and IP block deployments in System-on-Chip (SoC) semiconductors and chiplet systems globally.

How it earns

The company generates revenue primarily through licensing its semiconductor IP products and related software solutions.

Products & services
FlexGen Network-on-Chip IP
FlexNoC Network-on-Chip IP
FlexWay non-coherent NoC IP
Ncore cache-coherent NoC IP
CodaCache last-level cache
Hardware security verification software
Customers & end markets
Semiconductor companies
SoC designers
Chiplet system developers
Market position

Niche player specializing in Network-on-Chip IP within the semiconductor IP industry.

Demand drivers
Medium cyclicality

Semiconductor demand cycles influence SoC design activity and IP licensing.