Sivers Semiconductors AB (SIVE) AI Stock Analysis

• Market Cap: €1.06B
• Dividend Yield: N/A
• Average Volume (3M): 802.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• Revenue Growth: 19.00%
• EPS Growth: 22.24%
• Country: SE
• Employees: 128
• Sector: Technology
• Sector Strength: 88
• Industry: Semiconductors
• EPS (TTM): -0.12
• Shares Outstanding: 270,859,070
• 10 Day Avg. Volume: 768,747
• 30 Day Avg. Volume: 802,171
• PEG Ratio: 0.23
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 3.06
• P/FCF Ratio: -9.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €3.96
• Price Target Upside: -5.57% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: kr4.00 ▼(-4.53% Downside)

The overall stock score is primarily influenced by financial performance and technical analysis. While the company shows revenue growth and a strong gross profit margin, profitability and cash flow challenges weigh heavily. Technical indicators suggest some bullish momentum, but valuation is negatively impacted by the lack of profitability and dividend yield.

Sivers Semiconductors AB Business Overview & Revenue Model

Company Description

Sivers Semiconductors AB (publ), through its subsidiaries, develops, manufactures, and sells chips, components, modules, and subsystems in North America, Europe, and Asia. The company operates in two business areas, Wireless and Photonics. It provides products based on semiconductor technology for 5G millimeter-wave networks, as well as optical semiconductors for fiber networks, wireless optical networks, and sensors. The company also offers WiGig radio-frequency integrated circuits (RFICs), radiofrequency modules, evaluation kits and 5G NR mmWave RFICs for various applications, such as fixed wireless access, 5G Open RAN, V2X, mobile backhaul, and uncompressed real-time data. In addition, it provides III-V compound semiconductor laser devices to communications, sensing, and wireless markets. Sivers Semiconductors AB (publ) has a partnership with LitePoint Corporation to enhance cellular coverage with 5G mmWave technology. The company was formerly known as Sivers IMA Holding AB (publ) and changed its name to Sivers Semiconductors AB (publ) in October 2020. Sivers Semiconductors AB (publ) was founded in 1951 and is headquartered in Kista, Sweden.

How the Company Makes Money

Sivers Semiconductors AB generates revenue through the sale of its advanced semiconductor components and solutions. The company's key revenue streams include the sale of RFICs and photonic products to original equipment manufacturers (OEMs) and other technology companies that integrate these components into their products and systems. Sivers Semiconductors also enters into strategic partnerships and collaborations with industry leaders to co-develop new technologies and expand its market reach. Additionally, the company may engage in licensing agreements, providing access to its proprietary technologies in exchange for licensing fees. The increasing demand for high-speed wireless and optical communication solutions, driven by the global rollout of 5G networks and the growth of data centers, significantly contributes to the company's earnings.

Sivers Semiconductors AB Financial Statement Overview

Summary

Sivers Semiconductors AB shows positive revenue growth and a strong gross profit margin, indicating demand and efficient production. However, challenges with profitability, negative net profit, and operating cash flow impact overall financial health. The balance sheet is stable with low leverage, but improvements in return on equity and cash flow generation are needed.

Income Statement

Sivers Semiconductors AB shows a positive revenue growth trend with a 7.55% increase in TTM, indicating demand for its products. However, the company struggles with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin remains strong at 88.68%, suggesting efficient production processes, but the high net loss impacts overall financial health.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.12, reflecting conservative leverage and financial stability. However, the negative return on equity of -11.74% indicates that the company is not generating sufficient returns on shareholders' investments. The equity ratio is healthy, suggesting a strong capital structure.

Cash Flow

Operating cash flow remains negative, which is a concern for liquidity. However, the free cash flow to net income ratio of 1.72 indicates that the company is generating cash relative to its net income losses. The free cash flow growth rate is positive, showing improvement in cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	286.30M	243.80M	236.33M	132.61M	90.65M	96.17M
Gross Profit	253.90M	208.66M	218.87M	142.96M	116.46M	107.05M
EBITDA	-9.70M	-14.22M	-32.66M	14.11M	-124.02M	-184.81M
Net Income	-134.00M	-116.30M	-157.38M	-86.38M	-133.70M	-195.78M
Balance Sheet
Total Assets	1.46B	1.57B	1.51B	1.57B	951.38M	647.19M
Cash, Cash Equivalents and Short-Term Investments	25.50M	17.80M	25.52M	55.69M	456.24M	249.45M
Total Debt	136.30M	167.46M	47.04M	83.88M	48.28M	48.23M
Total Liabilities	353.60M	392.00M	308.18M	331.02M	152.48M	115.26M
Stockholders Equity	1.10B	1.18B	1.20B	1.24B	798.90M	531.92M
Cash Flow
Free Cash Flow	-117.50M	-80.58M	-159.70M	-222.47M	-175.23M	-79.59M
Operating Cash Flow	-68.30M	-72.01M	-105.86M	-137.46M	-82.97M	-40.07M
Investing Cash Flow	-46.00M	-27.45M	-60.04M	-165.99M	-245.01M	-39.50M
Financing Cash Flow	86.37M	91.17M	144.99M	35.20M	376.41M	279.55M

Sivers Semiconductors AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SIVE, the sentiment is Positive. The current price of 4.19 is above the 20-day moving average (MA) of 3.97, above the 50-day MA of 3.80, and above the 200-day MA of 3.72, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 59.09 is Neutral, neither overbought nor oversold. The STOCH value of 70.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SIVE.

Sivers Semiconductors AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KEBNI.B	62 Neutral	610.17M	425.00	0.00%	―	25.82%	0.00%
ADVE	60 Neutral	835.73M	35.13	20.17%	0.47%	30.59%	2990.29%
MAVEN	55 Neutral	428.75M	-56.58	0.00%	―	-14.52%	-124.02%
SIVE	53 Neutral	€1.06B	―	-11.72%	―	19.00%	22.24%
INCOAX	49 Neutral	154.90M	-4.49	0.00%	―	-33.82%	-140.75%
GAPW.B	46 Neutral	622.30M	-15.64	0.00%	―	89.00%	37.60%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Sivers Semiconductors AB Corporate Events

Sivers Semiconductors Reports Q2 2025 Growth Amid Strategic Partnerships

Sivers Semiconductors AB reported a significant increase in net sales by 38% year-over-year for Q2 2025, with a 49% rise in constant currency. Despite improvements in adjusted EBITDA and operating losses, the company continues to face financial challenges, reflected in negative earnings per share and cash flow. Key events in the quarter include a strategic OEM partnership with O-Net Technologies, joining the DIFI Consortium, and securing a contract with aiRadar for defense applications, which are expected to bolster its market position and growth strategy.

Sivers Semiconductors Reports Q2 2025 Growth Amid Strategic Partnerships

Sivers Semiconductors AB reported a significant increase in net sales by 38% year-over-year for the second quarter of 2025, despite ongoing losses. The company announced several strategic moves, including a partnership with O-Net Technologies and a contract with aiRadar, which are expected to enhance its market position and support its growth strategy.