Ceva (NASDAQ:CEVA) Stock Price Up 9.5% – Here’s What Happened

Posted by Francis Steltz on Jun 30th, 2026

Ceva, Inc. (NASDAQ:CEVA – Get Free Report)’s stock price was up 9.5% on Tuesday . The company traded as high as $46.89 and last traded at $47.1250. Approximately 232,870 shares changed hands during trading, a decline of 61% from the average session volume of 602,794 shares. The stock had previously closed at $43.03.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CEVA. UBS Group raised their price objective on Ceva from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Stifel Nicolaus set a $42.00 price target on Ceva in a research note on Tuesday, May 12th. Oppenheimer raised their price target on Ceva from $30.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. initiated coverage on Ceva in a research note on Friday, May 8th. They set a “neutral” rating and a $30.00 price objective on the stock. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ceva in a research report on Wednesday, April 8th. Nine investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $41.00.

Check Out Our Latest Stock Report on CEVA

Ceva Stock Up 9.6%

The firm has a 50 day moving average price of $38.87 and a 200 day moving average price of $27.35. The stock has a market cap of $1.31 billion, a PE ratio of -104.88 and a beta of 2.00.

Ceva (NASDAQ:CEVA – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The semiconductor company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. Ceva had a negative net margin of 10.47% and a negative return on equity of 3.42%. The company had revenue of $27.02 million during the quarter, compared to analyst estimates of $26.12 million. During the same period in the prior year, the firm earned $0.06 earnings per share. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. Equities analysts forecast that Ceva, Inc. will post -0.21 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CEVA. Bank of America Corp DE boosted its holdings in Ceva by 112.5% in the first quarter. Bank of America Corp DE now owns 80,996 shares of the semiconductor company’s stock worth $1,513,000 after acquiring an additional 42,878 shares in the last quarter. Centaurus Financial Inc. lifted its holdings in Ceva by 3.0% in the first quarter. Centaurus Financial Inc. now owns 27,645 shares of the semiconductor company’s stock valued at $516,000 after acquiring an additional 800 shares during the period. Quantinno Capital Management LP boosted its holdings in Ceva by 8.4% during the first quarter. Quantinno Capital Management LP now owns 19,032 shares of the semiconductor company’s stock worth $356,000 after buying an additional 1,470 shares in the last quarter. Rice Hall James & Associates LLC grew its position in shares of Ceva by 3.9% during the 1st quarter. Rice Hall James & Associates LLC now owns 419,388 shares of the semiconductor company’s stock valued at $7,834,000 after acquiring an additional 15,632 shares during the period. Finally, Granahan Investment Management LLC increased its position in shares of Ceva by 49.3% in the first quarter. Granahan Investment Management LLC now owns 30,260 shares of the semiconductor company’s stock valued at $565,000 after buying an additional 9,991 shares in the last quarter. 85.37% of the stock is owned by institutional investors.

Ceva Company Profile

(Get Free Report)

Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices. The company designs a broad portfolio of digital signal processing (DSP) and AI processors, software development toolkits and reference frameworks for applications ranging from 5G wireless communications and Bluetooth connectivity to audio, computer vision, sensor fusion and edge AI. Its solutions target a variety of end markets including smartphones, automotive, IoT devices, smart home, industrial automation and wearable electronics.

Founded in 1999 as a spin-off from DSP Group, Ceva has built its reputation on delivering modular, power-efficient IP that can be customized to meet stringent performance, area and power requirements.