Northland analyst Gus Richard raised the firm’s price target on Arteris (AIP) to $24 from $21 and keeps an Outperform rating on the shares. After “a record-breaking quarter in bookings,” the firm increased its target as it rolls forward estimates.
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Read More on AIP:
- Arteris: Accelerating Growth, Expanding AI-Driven Demand, and a Clear Path to Profitability Support Buy Rating
- Arteris files to sell 985,675 shares of common stock for holders
- Arteris reports Q4 EPS (5c), consensus (7c)
- Arteris sees Q1 revenue $20.5M-$21.5M, consensus $19.1M
- Arteris sees FY26 revenue $89M-$93M, consensus $82.88M
