Northland analysts reiterated an Outperform rating and $14.00 price target on Arteris, Inc (AIP).
The analysts comment "Arteris provides IP and software to silicon SoC architects, which reduces time to market, lowers power and cost, and improves performance. We expect Arteris's product roadmap to automate SoC IP integration further. Growth is driven by increasing SoC complexity, the number of SoC designs, short chip designers, and the shift from a captive to a merchant system IP market."