Shares of Sivers Semiconductors tumbled 10.2% to SEK 27.60 on August 7, erasing much of a volatile late-July rally that had briefly pushed the stock above SEK 30. With no fresh company news driving the move, the sell-off looks like a textbook case of traders cashing in short-term gains — but for longer-term shareholders, the question is whether the stock can find a floor. Sivers Semiconductors Slides 10% in Post-Rally Shakeout — Is This a Buying Opportunity or a Warning Sign for a Money-Losing Chip Maker?
Shares of Sivers Semiconductors slumped 10.2% to SEK 27.60 on August 7, deepening a sell-off that has erased most of the stock's sharp late-July bounce. The stock hit an all-time high of SEK 110 as recently as June 3 , meaning today's price represents a roughly 75% decline from that peak in just two months. No new company-specific catalyst is behind the move — this is traders locking in profits after a volatile week in which the stock swung between SEK 26.90 and SEK 30.74.
A Wild Ride With No Fundamental Anchor. The five-day chart tells the story: the stock jumped from SEK 26.90 on July 29 to SEK 30.74 by July 31, only to give it all back and then some. Average daily volume sits at 12.5 million shares , unusually heavy for a company with a market cap of roughly SEK 10.2 billion . That liquidity amplifies short-term swings but doesn't change the underlying business — which is still burning cash.
The Company Is Still Losing Money — And Revenue Is Shrinking. Q1 2026 revenue came in at SEK 61.9 million, down 22% year-over-year.
Adjusted EBITDA — a measure of operating profitability before accounting write-downs — worsened to SEK -13.8 million from SEK -6 million a year earlier.
Management blamed U.S. government defense budget delays and unfavorable currency swings , and insists the full-year growth plan remains intact, with results heavily back-loaded into the second half.
A Big Pipeline Promises Future Growth — If It Converts. The company's opportunity pipeline surged 77% year-to-date to $799 million as of May 2026 , driven by demand in wireless and laser technologies. Product ramps in automotive sensors, AI data-center lasers, and satellite communications are expected to fuel growth into 2027.
Long-term, management guides for 25–30% annual revenue growth. But a pipeline is just a list of potential deals — not signed contracts.
Earnings Report Looms on August 27. Sivers will release its next earnings report on August 27 , giving investors a critical look at whether the promised second-half acceleration is materializing. With trailing profit margins at -74% and a price-to-sales ratio above 29x , the stock is priced for a future that hasn't arrived yet. Until it does, expect volatility — not clarity — to define this name.