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Sivers Semiconductors AB
(SIVE)
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Rating:45Neutral
Price Target:
kr27.00
▼(-23.73% Downside)
Action:Reiterated
Date:09/23/26
The score is primarily held back by weak financial performance—declining revenue, very large operating/net losses, and ongoing negative operating/free cash flow—despite a comparatively manageable leverage position. Technicals provide only modest support (near-term price above key short/medium averages but negative MACD), while valuation is difficult to support given the negative P/E and lack of dividend yield data.
Positive Factors
Manageable leverage
Relatively modest leverage gives Sivers more financial flexibility than a highly indebted semiconductor company. This can reduce immediate balance-sheet pressure and preserve capacity to support operations or investment, although continued losses still make capital discipline important.
Negative Factors
Declining revenue
Revenue contraction signals that current demand and customer-program conversion are not yet producing sustained top-line expansion. A shrinking revenue base can reduce operating leverage, limit reinvestment capacity, and make it harder for Sivers to absorb fixed development and business costs.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
Relatively modest leverage gives Sivers more financial flexibility than a highly indebted semiconductor company. This can reduce immediate balance-sheet pressure and preserve capacity to support operations or investment, although continued losses still make capital discipline important.
Read all positive factors
Sivers Semiconductors AB (SIVE) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr8.89B
Dividend YieldN/A
Average Volume (3M)6.17M
Price to Earnings (P/E)―
Beta (1Y)-0.25
Revenue Growth-6.08%
EPS Growth-65.93%
CountrySE
Employees130
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)-0.86
Shares Outstanding331,662,500
10 Day Avg. Volume4,572,098
30 Day Avg. Volume6,173,489
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)-0.45
Revenue Forecast (FY)kr311.05M
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 high-frequency semiconductor products and related solutions to customers building wireless and satellite/space communication systems. Key revenue streams typically include (1) product revenue ...
Sivers Semiconductors AB Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 268.90M | 304.10M | 243.80M | 236.33M | 132.61M | 90.65M |
| Gross Profit | 111.70M | 265.30M | 208.66M | 218.87M | 142.96M | 116.46M |
| EBITDA | -159.80M | -25.21M | -12.80M | -108.38M | 14.11M | -102.55M |
| Net Income | -257.20M | -186.50M | -116.30M | -157.38M | -86.38M | -133.70M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.33B | 1.57B | 1.51B | 1.57B | 951.38M |
| Cash, Cash Equivalents and Short-Term Investments | 62.70M | 43.50M | 17.80M | 25.52M | 55.69M | 456.24M |
| Total Debt | 181.80M | 122.20M | 167.46M | 47.04M | 83.88M | 48.28M |
| Total Liabilities | 468.60M | 381.20M | 392.00M | 308.18M | 331.02M | 152.48M |
| Stockholders Equity | 949.00M | 949.79M | 1.18B | 1.20B | 1.24B | 798.90M |
Cash Flow | ||||||
| Free Cash Flow | -162.20M | -124.40M | -80.58M | -159.70M | -222.47M | -175.23M |
| Operating Cash Flow | -133.90M | -57.20M | -72.01M | -105.86M | -137.46M | -82.97M |
| Investing Cash Flow | -51.80M | -54.90M | -27.45M | -60.04M | -165.99M | -245.01M |
| Financing Cash Flow | 227.00M | 129.70M | 91.17M | 144.99M | 35.20M | 376.41M |
Sivers Semiconductors AB Technical Analysis
Negative
35.40
Price Trends
33.07
Negative
47.50
Negative
30.96
Negative
Market Momentum
<0.01
Negative
44.14
Neutral
24.01
Neutral
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 35.4 is above the 20-day moving average (MA) of 31.85, above the 50-day MA of 33.07, and above the 200-day MA of 30.96, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 44.14 is Neutral, neither overbought nor oversold. The STOCH value of 24.01 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | kr426.24M | 11.93 | 13.17% | ― | 8.40% | 495.11% | |
62 Neutral | kr907.43M | -63.73 | -2.24% | ― | -14.51% | -1025.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | kr9.30B | 210.50 | 1.20% | 0.13% | 4.60% | -89.25% | |
45 Neutral | kr8.89B | -32.72 | -25.12% | ― | -6.08% | -65.93% | |
42 Neutral | kr535.61M | -6.86 | -77.33% | ― | -8.74% | -70.62% | |
42 Neutral | kr863.44M | -30.53 | -10.30% | ― | 49.81% | 11.98% |
* Technology Sector Average
SE:SIVE
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28.14
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Sivers Semiconductors AB Corporate Events
Sivers Semiconductors Widens Losses but Bolsters Funding and AI‑Focused Partnerships in Q2 2026
Aug 27, 2026
Sivers Semiconductors reported weaker financial performance in the second quarter of 2026, with net sales falling 12% year‑on‑year to SEK 53.8 million and deeper losses, as adjusted EBITDA declined to SEK -35.5 million and earnings per...
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.