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Sivers Semiconductors AB
(SIVE)
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Rating:45Neutral
Price Target:
kr48.00
▲(384.85% Upside)
Action:Reiterated
Date:06/27/26
The score is primarily held back by weak financial performance—ongoing operating losses and sustained negative free cash flow outweigh strong gross margins and prior revenue scaling. Technical indicators are mixed (recent weakness vs. the 20-day average but still above longer-term averages), while valuation remains unattractive due to negative earnings and no dividend yield provided.
Positive Factors
High gross margins
Sivers’ very high gross margins reflect differentiated RF/mmWave IP and specialized component pricing. That structural margin cushion supports sustained R&D and product development, and can drive operating leverage benefits as volumes scale, improving long-term profitability potential.
Negative Factors
Persistent negative profitability
Despite strong gross margins and revenue, operating and net losses are sustained. Continued negative margins erode retained earnings, impede reinvestment from operations, and mean the firm must bridge to profitability via sustained volume growth or structural cost reduction.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins
Sivers’ very high gross margins reflect differentiated RF/mmWave IP and specialized component pricing. That structural margin cushion supports sustained R&D and product development, and can drive operating leverage benefits as volumes scale, improving long-term profitability potential.
Read all positive factors
Sivers Semiconductors AB (SIVE) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr14.48B
Dividend YieldN/A
Average Volume (3M)1.71M
Price to Earnings (P/E)―
Beta (1Y)-0.17
Revenue Growth8.00%
EPS Growth-8.17%
CountrySE
Employees130
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-0.63
Shares Outstanding296,534,760
10 Day Avg. Volume1,870,959
30 Day Avg. Volume1,712,888
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)1.17
Price to Sales (P/S)3.67
P/FCF Ratio-8.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.34
Revenue Forecast (FY)kr359.75M
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 through Wireless and Photonics segments. It provides p...
How the Company Makes Money
Sivers Semiconductors makes money primarily by selling semiconductor products and related technology for high-frequency communications. Key revenue streams typically include: (1) Product sales of RF/mmWave components and ICs (e.g., front-end and b...
Sivers Semiconductors AB Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 287.50M | 304.10M | 243.80M | 236.33M | 132.61M | 90.65M |
| Gross Profit | 197.20M | 265.30M | 208.66M | 218.87M | 142.96M | 116.46M |
| EBITDA | -64.20M | -45.30M | -14.22M | -32.66M | 14.11M | -124.02M |
| Net Income | -180.90M | -186.50M | -116.30M | -157.38M | -86.38M | -133.70M |
Balance Sheet | ||||||
| Total Assets | 1.34B | 1.33B | 1.57B | 1.51B | 1.57B | 951.38M |
| Cash, Cash Equivalents and Short-Term Investments | 26.60M | 43.50M | 17.80M | 25.52M | 55.69M | 456.24M |
| Total Debt | 177.30M | 122.20M | 167.46M | 47.04M | 83.88M | 48.28M |
| Total Liabilities | 411.50M | 381.20M | 392.00M | 308.18M | 331.02M | 152.48M |
| Stockholders Equity | 929.60M | 949.79M | 1.18B | 1.20B | 1.24B | 798.90M |
Cash Flow | ||||||
| Free Cash Flow | -128.60M | -124.40M | -80.58M | -159.70M | -222.47M | -175.23M |
| Operating Cash Flow | -88.50M | -57.20M | -72.01M | -105.86M | -137.46M | -82.97M |
| Investing Cash Flow | -55.40M | -54.90M | -27.45M | -60.04M | -165.99M | -245.01M |
| Financing Cash Flow | 102.20M | 129.70M | 91.17M | 144.99M | 35.20M | 376.41M |
Sivers Semiconductors AB Technical Analysis
Neutral
9.90
Price Trends
65.11
Negative
36.93
Positive
20.35
Positive
Market Momentum
-2.92
Positive
42.02
Neutral
11.22
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SIVE, the sentiment is Neutral. The current price of 9.9 is below the 20-day moving average (MA) of 78.32, below the 50-day MA of 65.11, and below the 200-day MA of 20.35, indicating a neutral trend. The MACD of -2.92 indicates Positive momentum. The RSI at 42.02 is Neutral, neither overbought nor oversold. The STOCH value of 11.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SIVE.
Sivers Semiconductors AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | kr859.48M | 195.01 | 22.29% | 0.48% | -1.90% | -74.32% | |
49 Neutral | kr664.97M | -9.82 | -52.89% | ― | 18.18% | -30.36% | |
49 Neutral | kr299.13M | -14.48 | -5.81% | ― | -8.58% | -159.42% | |
49 Neutral | kr285.66M | -26.56 | 8.68% | ― | -23.66% | -1444.83% | |
46 Neutral | kr143.81M | -2.71 | -24.59% | ― | -65.31% | -56.81% | |
45 Neutral | kr14.48B | -77.78 | -16.62% | ― | 8.00% | -8.17% |
* Technology Sector Average
SE:SIVE
Sivers Semiconductors AB
56.30
52.34
1322.44%
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Sivers Semiconductors AB Corporate Events
Sivers Semiconductors Widens Q1 Loss but Accelerates Strategic Deals and Capital Plans
May 29, 2026
Sivers Semiconductors reported first-quarter 2026 net sales of SEK 61.9 million, down 22% year-on-year, with adjusted EBITDA weakening to a loss of SEK 13.8 million and operating cash flow turning more negative. Despite the softer financials, equi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.