Sivers Semiconductors AB (SIVE) AI Stock Analysis

• Market Cap: kr904.04M
• Dividend Yield: N/A
• Average Volume (3M): 728.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: 19.00%
• EPS Growth: 22.24%
• Country: SE
• Employees: 128
• Sector: Technology
• Sector Strength: 94
• Industry: Semiconductors
• EPS (TTM): -0.12
• Shares Outstanding: 270,859,070
• 10 Day Avg. Volume: 658,558
• 30 Day Avg. Volume: 728,202
• 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: kr3.46
• Price Target Upside: 2.66% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: kr3.50 ▲(3.86% Upside)

Sivers Semiconductors AB faces significant challenges with profitability and cash flow, impacting its financial performance score. The technical analysis indicates bearish momentum, further weighing down the stock. Valuation is poor due to negative earnings and lack of dividends, making the stock less attractive to investors.

Sivers Semiconductors AB Business Overview & Revenue Model

Company Description

Sivers Semiconductors AB (SIVE) is a leading technology company specializing in the development and production of semiconductor components and solutions. The company operates primarily in the wireless and optical sectors, providing cutting-edge products that enable high-speed data and communication technologies. Sivers Semiconductors is known for its innovative RFIC (Radio Frequency Integrated Circuits) and photonic products, which are integral to various applications including 5G wireless networks, data center connectivity, and advanced sensor systems.

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 revenue growth but is hindered by negative profitability and cash flow challenges. Despite a strong equity position, increased leverage could pose risks, emphasizing the need for improved margins and cash flow.

Income Statement

Sivers Semiconductors AB has shown revenue growth with a TTM revenue of SEK 266.2 million, up from SEK 243.8 million annually. However, profitability remains a concern with negative net profit and EBIT margins, indicating ongoing losses. The net profit margin is negative due to substantial net losses, and both EBIT and EBITDA margins continue to be deeply negative.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, reflecting stability. However, the debt-to-equity ratio has increased, indicating higher leverage, which could pose a risk. Return on equity is negative due to net losses, highlighting the need for improved profitability.

Cash Flow

Sivers Semiconductors AB is experiencing negative operating and free cash flows, which is concerning. The operating cash flow to net income ratio is negative, indicating cash flow challenges. Despite this, the company has managed to raise significant financing cash flows.

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: Negative
• Last Price: 3.37
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SIVE, the sentiment is Negative. The current price of 3.37 is below the 20-day moving average (MA) of 3.73, below the 50-day MA of 3.94, and below the 200-day MA of 3.57, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 35.29 is Neutral, neither overbought nor oversold. The STOCH value of 7.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SIVE.

Sivers Semiconductors AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TOBII	60 Neutral	kr728.15M	35.28	2.87%	―	27.38%	―
ADVE	56 Neutral	kr974.29M	40.96	22.25%	0.43%	30.59%	2990.29%
Sector *	55 Neutral	$294.39M	5.58	-5.25%	2.63%	11.03%	-74.02%
ACCON	48 Neutral	€372.92M	―	-10.88%	―	7.93%	54.19%
GAPW.B	46 Neutral	kr585.55M	―	-38.42%	―	89.00%	37.60%
SIVE	44 Neutral	kr904.04M	―	-11.72%	―	19.00%	22.24%
SOLT	41 Neutral	kr184.93M	―	-34.17%	―	-14.55%	-84.02%

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.

Sivers Semiconductors Approves New Warrant Issue for Debt Financing

Sivers Semiconductors AB held an Extraordinary General Meeting on June 9, 2025, where they approved the issuance of up to 3,318,029 warrants exclusively to Century Bank, deviating from shareholders’ preferential rights. This decision is part of the company’s debt financing strategy, allowing for potential capital increase upon full exercise of the warrants, which can be converted into shares until May 2030.

Sivers Semiconductors Announces Extraordinary General Meeting

Sivers Semiconductors AB has announced an Extraordinary General Meeting to be held on June 9, 2025, allowing shareholders to participate either in person or via postal voting. This meeting will address key agenda items, including the election of a Chairman and approval of a new issue of warrants, which could impact the company’s strategic direction and shareholder engagement.

Sivers Semiconductors Secures New Debt Financing to Bolster Growth

Sivers Semiconductors AB has successfully renewed its debt financing with a U.S. bank, securing a new three-year term loan with better terms and enhanced financial flexibility. This move supports the company’s growth strategy in wireless and photonics, strengthens its capital structure, and demonstrates confidence in its long-term vision.

Sivers Semiconductors Reports Strong Q1 Sales Growth Amid Strategic Partnerships

Sivers Semiconductors AB reported a 40% year-over-year increase in net sales for Q1 2025, despite a net loss after tax of SEK 48.3 million. The company secured significant contracts and partnerships, including a major chip development program with a Tier-1 telecom vendor and collaborations to enhance production capabilities, positioning itself strongly in the semiconductor market.