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ArterisB
Nasdaq / Software & Services
Last Price
Quote time unavailable
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Current thesis
Arteris combines rapid reported growth with improving commercial indicators: revenue, ACV plus royalties, RPO, royalties, and design starts all increased materially. Exposure to AI-enabled chips, chiplets, data-center infrastructure, and automotive systems supports a multi-quarter demand thesis.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -2.6.
What can break
Design starts, ACV, and RPO may not convert into revenue or royalties at the expected pace.
Momentum
11
Value
40
Sentiment
85
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $24.50 · Bull $31.00 · Bear $17.50Analysis 2026-09-03; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-03 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-23

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $37.29
Why
Momentum11 · Δ7d +3.3
Value40 · Δ7d -0.0
Sentiment85 · Δ7d -2.6
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta -2.6.

Contradictions & invalidation

  • • Design starts, ACV, and RPO may not convert into revenue or royalties at the expected pace.
  • • Peer candidates are loose same-sector market-cap matches rather than verified direct competitors.
  • • The company remains loss-making, with quarterly GAAP operating loss of $13.9 million versus $8.2 million a year earlier and non-GAAP operating loss of $4.6 million versus $3.5 million.

Catalyst clock

2026-12-02

Q2 2026 results show strong commercial momentum

Lead driver: Sentiment · See AI snapshot
Momentum
11
8% active weight
Current posture
7d trendImproving
Δ7d
+3.3
Δ21d
-0.2
Value
40
47% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
+0.1
Sentiment
85
45% active weight
Current posture
7d trendSoftening
Δ7d
-2.6
Δ21d
+25.2
Why this grade

Composite grade B. Momentum 11.1 / Value 39.9 / Sentiment 85.1

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-03. Scenario method

B+
Bull case
25%
Probability
Target price
$31.00
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$24.50
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$17.50
Analysis reference price unavailable
Analysis 2026-09-03 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$936.84M
Beta
1.48
Shares Out
49.15M
P/E (TTM) · Derived
-23.2
P/S (TTM)
10.75
P/FCF (TTM) · Derived
128.78
Rev YoY
+46.2%
EPS YoY
+36.3%
Gross Margin
+84.6%
Op Margin
-44.4%
Net Debt
-$48.73M
Current Ratio
1.53
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data