From Seekingalpha · · 40s
Arteris Chiplet Royalties Redefine Growth
Arteris chiplet royalties could redefine growth story with 14% upside potential.
In brief
Arteris chiplet royalties could redefine growth story with 14% upside potential. Arteris projects 14% upside to $23 price target by 2027 despite recent volatility and 46% drawdown. Originally reported by Seekingalpha.
Arteris Growth Outlook
Arteris remains a buy with a fy 2027 price target of $23, projecting 14% upside despite recent volatility and a 46% drawdown.
Q3 Revenue Surge
Q3 revenue surged 48% year over year to $25.8m, driven by ai-related licensing and cycuity acquisition.
Future Upside Drivers
Future upside hinges on accelerating acv plus royalties growth, particularly from chiplet designs expected to rise from 10% to 30-35% of all projects.
The key point
Arteris projects 14% upside to $23 price target by 2027 despite recent volatility and 46% drawdown.
