7 Small-Cap Semiconductor Stocks to Buy According to Analysts

3. Arteris, Inc. (NASDAQ:AIP)

On February 20, Gus Richard, an analyst at Northland, pointed out that Arteris, Inc. (NASDAQ:AIP) shares are under pressure following the ATM announcement, TheFly reported. The firm does not see a need for the company to raise capital. While describing the stock “a top pick” for 2026, the analyst reaffirmed a price target of $24.

Earlier on February 13, Richard had lifted the price target on Arteris, Inc. (NASDAQ:AIP) to $24 from $21 and maintained an Outperform rating. This price target boost is due to the firm’s revised forward estimates, after “a record-breaking quarter in bookings.”

When Arteris, Inc. (NASDAQ:AIP) delivered its Q4 2025 results on February 12, it exceeded both revenue and EPS estimates. The company’s revenue of $20.1 million outperformed the analyst expectations of $18.55 million, and EPS of -$0.05 was above the forecasted -$0.07. In 2026, the company projects revenue growth in the range of $89 million to $93 million.

Arteris, Inc. (NASDAQ:AIP) is a California-based provider of semiconductor system intellectual property solutions. The company also offers professional and licensing services, IP support and maintenance, and on-site support services.