Arteris Inc [NASDAQ: AIP] surged by $3.55 during the normal trading session on Tuesday and reaching a high of $14.29 during the day while it closed the day at $13.0.
Arteris Inc stock has also gained 22.64% of its value over the past 7 days. However, AIP stock has inclined by 90.62% in the 3 months of the year. Over the past six months meanwhile, it has gained 25.36% and gained 71.05% year-on date.
The market cap for AIP stock reached $545.71 million, with 41.40 million shares outstanding and 27.55 million shares in the current float. Compared to the average trading volume of 491.14K shares, AIP reached a trading volume of 21550316 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Arteris Inc [AIP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AIP shares is $12.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AIP stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Arteris Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 01, 2023. While these analysts kept the previous recommendation, Cowen dropped their target price from $32 to $23. The new note on the price target was released on March 04, 2022, representing the official price target for Arteris Inc stock. Previously, the target price had yet another raise to $35, while Rosenblatt analysts kept a Buy rating on AIP stock.
Price to Free Cash Flow for AIP in the course of the last twelve months was 404.23 with Quick ratio for the last quarter at 1.02.
AIP stock trade performance evaluation
Arteris Inc [AIP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.64. With this latest performance, AIP shares gained by 39.94% in over the last four-week period, additionally plugging by 25.36% over the last 6 months – not to mention a rise of 27.58% in the past year of trading.
Arteris Inc [AIP]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Arteris Inc [AIP] shares currently have an operating margin of -49.21% and a Gross Margin at 86.83%. Arteris Inc’s Net Margin is presently recorded at -52.78%.
Arteris Inc (AIP) Capital Structure & Debt Analysis
Arteris Inc (AIP) Efficiency & Liquidity Metrics
Arteris Inc (AIP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Arteris Inc. (AIP) effectively leverages its workforce, generating an average of -$121198.5 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.02% and a Quick Ratio of 1.02%, indicating strong ability to cover short-term liabilities.
Arteris Inc [AIP]: Institutional Ownership
There are presently around $45.35%, or 66.16% of AIP stock, in the hands of institutional investors. The top three institutional holders of AIP stocks are: NEEDHAM INVESTMENT MANAGEMENT LLC with ownership of 2.38 million shares, which is approximately 6.3247%. BLACKROCK INC., holding 1.6 million shares of the stock with an approximate value of $$12.01 million in AIP stocks shares; and BLACKROCK INC., currently with $$11.11 million in AIP stock with ownership which is approximately 3.9222%.
