Alphawave IP Group PLC 64.8% potential upside indicated by Barclays

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Alphawave IP Group PLC with ticker (LON:AWE) now has a potential upside of 64.8% according to Barclays.



Barclays set a target price of 500 GBX for the company, which when compared to the Alphawave IP Group PLC share price of 176 GBX at opening today (20/01/2022) indicates a potential upside of 64.8%. Trading has ranged between 149 (52 week low) and 474 (52 week high) with an average of 1,749,294 shares exchanging hands daily. The market capitalisation at the time of writing is £1,173,559,570.

Alphawave IP Group plc is a United Kingdom-based semiconductor IP company. The Company designs and licenses high-performance configurable wired connectivity IP platforms. It serves to various markets, such as data centre, artificial intelligence (AI), 5G wireless infrastructure, data networking, autonomous vehicles and solid-state storage. It targets a variety of customers in markets, including semiconductor device suppliers, system-level original equipment manufacturers (OEMs) and outsourced semiconductor wafer foundries. The Company delivers its technology through three distinct delivery models; Connectivity IPs, Integrated Product IPs, and Chiplet IPs.



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