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NASDAQ:CEVA

CEVA (CEVA) Stock Price, News & Analysis

CEVA logo
$31.11 +0.19 (+0.61%)
(As of 12/20/2024 05:16 PM ET)

About CEVA Stock (NASDAQ:CEVA)

Key Stats

Today's Range
$30.17
$31.86
50-Day Range
$23.34
$33.25
52-Week Range
$16.02
$33.44
Volume
359,597 shs
Average Volume
161,470 shs
Market Capitalization
$735.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.00
Consensus Rating
Buy

Company Overview

CEVA, Inc. provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 - 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices. The company's wireless IoT products comprise RivieraWaves' Bluetooth 5dual mode and low energy platforms, RivieraWaves' Wi-Fi platforms, ultra-wide band platforms, and Cellular IoT and RedCap platforms, as well as sense and inference processors and platforms consist of NeuPro-M neural processing unit (NPU) family; SensPro2 sensor hub AI platforms addressing imaging, vision, powertrain, and applications, including DSP processors, AI accelerators, and a software portfolio; and Ceva-BX1 and Ceva-BX2 audio AI DSPs. Its sensing and audio software comprise RealSpace spatial audio software package; WhisPro speech recognition; ClearVox, a voice front-end software package for voice-enabled devices; and CDNN, a neural network graph compiler that enables AI developers to automatically compile, optimize, and run pre-trained networks onto embedded devices. The company's application software IP are licensed primarily to OEMs who embed it in their system on chip designs. It delivers AI DSPs and NPUs in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools, which facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. CEVA, Inc. was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. The company was incorporated in 1999 and is headquartered in Rockville, Maryland.

CEVA Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
23rd Percentile Overall Score

CEVA MarketRank™: 

CEVA scored higher than 23% of companies evaluated by MarketBeat, and ranked 559th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CEVA has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CEVA has only been the subject of 2 research reports in the past 90 days.

  • Read more about CEVA's stock forecast and price target.
  • Earnings Growth

    Earnings for CEVA are expected to grow in the coming year, from ($0.25) to ($0.09) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CEVA is -222.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CEVA is -222.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    CEVA has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.29% of the outstanding shares of CEVA have been sold short.
  • Short Interest Ratio / Days to Cover

    CEVA has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in CEVA has recently decreased by 4.29%, indicating that investor sentiment is improving.
  • Dividend Yield

    CEVA does not currently pay a dividend.

  • Dividend Growth

    CEVA does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.29% of the outstanding shares of CEVA have been sold short.
  • Short Interest Ratio / Days to Cover

    CEVA has a short interest ratio ("days to cover") of 4.3.
  • Change versus previous month

    Short interest in CEVA has recently decreased by 4.29%, indicating that investor sentiment is improving.
  • News Sentiment

    CEVA has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for CEVA this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for CEVA on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added CEVA to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CEVA insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.40% of the stock of CEVA is held by insiders.

  • Percentage Held by Institutions

    85.37% of the stock of CEVA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CEVA's insider trading history.
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CEVA Stock News Headlines

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CEVA, Inc. (CEVA)
Ceva (CEVA) was upgraded to a Buy Rating at Northland Securities
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CEVA Stock Analysis - Frequently Asked Questions

CEVA's stock was trading at $22.71 at the start of the year. Since then, CEVA shares have increased by 37.0% and is now trading at $31.11.
View the best growth stocks for 2024 here
.

CEVA, Inc. (NASDAQ:CEVA) issued its quarterly earnings data on Wednesday, February, 14th. The semiconductor company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.04. CEVA's revenue for the quarter was down 20.4% on a year-over-year basis.

The following companies are subsidiaries of CEVA: Hillcrest Labs Inc, RivieraWaves SAS, CEVA Development Inc., CEVA DSP Limited, CEVA France, CEVA Germany GmbH., CEVA Inc., and others.

CEVA's top institutional shareholders include State Street Corp (4.40%), Geode Capital Management LLC (2.37%), Disciplined Growth Investors Inc. MN (2.02%) and Rice Hall James & Associates LLC (1.91%). Insiders that own company stock include Louis Silver, Michael Boukaya and Issachar Ohana.
View institutional ownership trends
.

Shares of CEVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CEVA investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Broadcom (AVGO), Salesforce (CRM) and Netflix (NFLX).

Company Calendar

Last Earnings
2/14/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:CEVA
CUSIP
15721010
Employees
424
Year Founded
2002

Price Target and Rating

Average Stock Price Target
$34.00
High Stock Price Target
$40.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+9.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-11,880,000.00
Pretax Margin
-3.63%

Debt

Sales & Book Value

Annual Sales
$101.88 million
Book Value
$11.22 per share

Miscellaneous

Free Float
23,060,000
Market Cap
$735.04 million
Optionable
Optionable
Beta
1.27

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This page (NASDAQ:CEVA) was last updated on 12/21/2024 by MarketBeat.com Staff
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