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CEVA Inc (CEVA) Stock Forecast & Price Prediction

Live CEVA Stock Price & Analysis

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$32.25

-0.14 (-0.43%)

12 Month Price Forecast For CEVA

$32.25
Current Price
$765.27M
Market Cap
6 Ratings
Buy 5
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to CEVA Price Forecasts

+24.0%
To High Target of $40.00
+7.0%
To Median Target of $34.50
-34.9%
To Low Target of $21.00

CEVA Price Momentum

+1.9%
1 Week Change
+16.5%
1 Month Change
+43.3%
1 Year Change
+42.0%
Year-to-Date Change
-1.3%
From 52W High of $32.69
+101.3%
From 52W Low of $16.02

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: December 13, 2024 9:45 AM UTC

CEVA Analyst Ratings & Price Targets

Based on our analysis of 9 Wall Street analysts, CEVA has a consensus that is bullish. The median price target is $34.50, with forecasts ranging from $21.00 to $40.00. Currently, there are 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With CEVA currently trading at $32.25, the median price forecast suggests a 7.0% upside. The most optimistic forecast comes from Suji Desilva at Roth MKM, projecting a 24.0% upside, while at Wedbush provides the most conservative target, suggesting a -34.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CEVA Analyst Consensus

5
Buy
1
Hold
0
Sell

CEVA Price Target Range

Low
$21.00
Average
$34.50
High
$40.00
Current: $32.25

Latest CEVA Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CEVA.

Date Firm Analyst Rating Change Price Target
Nov 8, 2024 Roth MKM Suji Desilva Buy Maintains $40.00
Nov 8, 2024 Rosenblatt Kevin Cassidy Buy Maintains $35.00
Oct 31, 2024 Rosenblatt Kevin Cassidy Buy Maintains $28.00
Aug 8, 2024 Roth MKM Suji Desilva Buy Upgrade $25.00
Aug 8, 2024 Oppenheimer Martin Yang Outperform Maintains $33.00
May 10, 2024 Roth MKM Suji Desilva Neutral Maintains $20.00
Feb 13, 2024 Rosenblatt Kevin Cassidy Buy Reiterates $28.00
Dec 7, 2023 Rosenblatt Kevin Cassidy Buy Reiterates $28.00
Aug 11, 2023 Barclays Tavy Rosner Overweight Maintains $29.00
Aug 10, 2023 Rosenblatt Kevin Cassidy Buy Maintains $35.00
Aug 10, 2023 Roth MKM Suji Desilva Neutral Downgrade $20.00
Aug 10, 2023 Barclays Tavy Rosner Overweight Maintains $29.00
Aug 10, 2023 Northland Capital Markets Gus Richard Outperform Maintains $30.00
May 11, 2023 Barclays Tavy Rosner Overweight Maintains $32.00
May 11, 2023 Roth MKM Suji Desilva Buy Maintains $30.00
May 11, 2023 Oppenheimer Martin Yang Outperform Maintains $35.00
May 11, 2023 TD Cowen Matt Ramsay Outperform Maintains $30.00
Feb 17, 2023 Barclays Tavy Rosner Overweight Maintains $41.00
Feb 16, 2023 Cowen & Co. Matthew Ramsay Outperform Maintains $40.00
Feb 16, 2023 Rosenblatt Kevin Cassidy Buy Reiterates $45.00

CEVA Inc (CEVA) Financial Data

CEVA Inc has a market capitalization of $765.27M with a P/E ratio of -63.2x. The company generates $101.88M in trailing twelve-month revenue with a -3.2% profit margin.

Revenue growth is +13.0% quarter-over-quarter, while maintaining an operating margin of -9.6% and return on equity of -5.8%.

Valuation Metrics

Market Cap $765.27M
Enterprise Value $612.36M
P/E Ratio -63.2x
PEG Ratio 58.9x
Price/Sales 7.5x

Growth & Margins

Revenue Growth (YoY) +13.0%
Gross Margin +85.4%
Operating Margin -9.6%
Net Margin -3.2%
EPS Growth N/A

Financial Health

Cash/Price Ratio +20.8%
Current Ratio 7.6x
Debt/Equity 2.0x
ROE -5.8%
ROA -2.0%

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CEVA Inc logo

CEVA Inc (CEVA) Company Overview

About CEVA Inc

What They Do

Provides silicon and software IP solutions.

Business Model

The company generates revenue by licensing its silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer (OEM) companies. Its diverse product offerings include DSPs, AI platforms, and various wireless IoT technologies, which are integrated into the clients' system on chip designs.

Additional Information

CEVA, Inc. specializes in advanced technologies for 5G mobile infrastructure and wireless IoT applications, catering to both consumer and industrial markets. The company has a strong focus on AI and audio processing, with a robust portfolio that includes development tools and software solutions. Established in 1999, CEVA is headquartered in Rockville, Maryland, and has undergone a name change from ParthusCeva, Inc. to CEVA, Inc. in December 2003.

Company Information

Sector

Technology

Industry

Semiconductors

Employees

424

CEO

Mr. Amir Panush

Country

United States

IPO Year

2002

CEVA Inc (CEVA) Latest News & Analysis

CEVA stock latest news image

Ceva-NeuPro-Nano Wins Product of the Year Award at Prestigious EE Awards Asia Event

8 days ago
Quick Summary

Ceva, Inc. announced its Ceva-NeuPro-Nano NPUs received the Best IP/Processor of the Year award, highlighting their efficiency in executing embedded AI workloads in various applications.

Why It Matters

Ceva's recognition for its NeuPro-Nano NPUs highlights its competitive edge in the AIoT space, potentially driving increased demand, revenue growth, and stock value.

Source: PRNewsWire
Market Sentiment: Neutral
CEVA stock latest news image

Ceva, Inc. To Participate at Upcoming Investor Events

1 month ago
Quick Summary

Ceva, Inc. (NASDAQ: CEVA) will participate in the 13th Annual ROTH Technology Conference on November 20, 2024, at the Hard Rock Hotel, New York. Investors can request meetings through ROTH.

Why It Matters

Ceva's participation in investor events signals confidence in growth and engagement with stakeholders, potentially influencing stock performance and investor sentiment.

Source: PRNewsWire
Market Sentiment: Neutral
CEVA stock latest news image

CEVA, Inc. (CEVA) Q3 2024 Earnings Call Transcript

1 month ago
Quick Summary

CEVA, Inc. will host its Q3 2024 earnings conference call on November 7, 2024, at 8:30 AM ET, featuring key executives and analysts from various firms.

Why It Matters

CEVA, Inc.'s Q3 2024 earnings call provides insights into financial performance and future outlook, influencing stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
CEVA stock latest news image

Ceva, Inc. Announces Third Quarter 2024 Financial Results

1 month ago
Quick Summary

Ceva, Inc. reported Q3 revenue of $27.2 million, up 13% YoY. Shipments reached 522 million units. The company signed strategic licensing deals and raised 2024 financial guidance, expanding its share repurchase program.

Why It Matters

Ceva's revenue growth, strong device shipments, strategic licensing deals, raised financial guidance, and expanded share buyback signal robust demand and potential for higher returns, enhancing investor confidence.

Source: PRNewsWire
Market Sentiment: Neutral
CEVA stock latest news image

Ceva, Inc. Announces Expansion of Existing Share Repurchase Program

1 month ago
Quick Summary

Ceva, Inc. (NASDAQ: CEVA) has expanded its share repurchase program by 700,000 shares, as authorized by its Board of Directors.

Why It Matters

Ceva, Inc.'s expansion of its share repurchase program signals confidence in its financial health and may enhance shareholder value, potentially boosting stock performance.

Source: PRNewsWire
Market Sentiment: Neutral
CEVA stock latest news image

Ceva, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call

1 month ago
Quick Summary

Ceva, Inc. (NASDAQ: CEVA) will release its Q3 2024 results on November 7, 2024, before the NASDAQ market opens.

Why It Matters

Ceva's upcoming Q3 2024 earnings report could impact its stock price and investor sentiment, reflecting its performance and prospects in the Smart Edge device market.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About CEVA Stock

What is CEVA Inc's (CEVA) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, CEVA Inc (CEVA) has a median price target of $34.50. The highest price target is $40.00 and the lowest is $21.00.

Is CEVA stock a good investment in 2025?

According to current analyst ratings, CEVA has 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $32.25. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CEVA stock?

Wall Street analysts predict CEVA stock could reach $34.50 in the next 12 months. This represents a 7.0% increase from the current price of $32.25. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is CEVA Inc's business model?

The company generates revenue by licensing its silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer (OEM) companies. Its diverse product offerings include DSPs, AI platforms, and various wireless IoT technologies, which are integrated into the clients' system on chip designs.

What is the highest forecasted price for CEVA CEVA Inc?

The highest price target for CEVA is $40.00 from Suji Desilva at Roth MKM, which represents a 24.0% increase from the current price of $32.25.

What is the lowest forecasted price for CEVA CEVA Inc?

Price targets from Wall Street analysts for CEVA are not currently available. The stock is trading at $32.25.

What is the overall CEVA consensus from analysts for CEVA Inc?

The overall analyst consensus for CEVA is bullish. Out of 9 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $34.50.

How accurate are CEVA stock price projections?

Stock price projections, including those for CEVA Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.