Ceva (NASDAQ:CEVA – Get Free Report) had its price objective raised by investment analysts at Rosenblatt Securities from $45.00 to $49.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Rosenblatt Securities’ price objective suggests a potential upside of 53.51% from the stock’s current price.
Several other research analysts have also recently commented on CEVA. Stifel Nicolaus increased their target price on shares of Ceva from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, July 10th. TD Cowen lifted their price target on shares of Ceva from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ceva in a report on Monday, July 6th. Roth Capital restated a “buy” rating and set a $40.00 target price on shares of Ceva in a report on Monday, May 11th. Finally, Oppenheimer upped their price target on shares of Ceva from $30.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ceva currently has a consensus rating of “Moderate Buy” and an average target price of $42.00.
Check Out Our Latest Report on CEVA
Ceva Trading Down 17.5%
Ceva (NASDAQ:CEVA – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The semiconductor company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Ceva had a negative return on equity of 3.42% and a negative net margin of 10.47%.The company had revenue of $29.03 million for the quarter, compared to analyst estimates of $28.19 million. During the same period in the previous year, the company posted $0.07 earnings per share. The company’s quarterly revenue was up 13.0% compared to the same quarter last year. Equities research analysts forecast that Ceva will post -0.21 EPS for the current year.
Institutional Trading of Ceva
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. increased its stake in shares of Ceva by 77.6% during the fourth quarter. Hantz Financial Services Inc. now owns 1,446 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 632 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Ceva in the 2nd quarter valued at $49,000. Tower Research Capital LLC TRC grew its position in Ceva by 422.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,731 shares of the semiconductor company’s stock valued at $60,000 after acquiring an additional 2,208 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Ceva by 771.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,380 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 2,107 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Ceva by 47.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,758 shares of the semiconductor company’s stock valued at $145,000 after purchasing an additional 2,172 shares during the last quarter. Institutional investors own 85.37% of the company’s stock.
Ceva News Summary
Here are the key news stories impacting Ceva this week:
- Positive Sentiment: Quarterly results exceeded estimates: Ceva reported second-quarter EPS of $0.08 versus the $0.07 consensus estimate, while revenue reached $29.03 million, above expectations of $28.19 million. Revenue increased 13% year over year to its highest level in three years for licensing and related revenue, supported by demand for artificial intelligence and connectivity products. Ceva Announces Second Quarter 2026 Financial Results
- Positive Sentiment: Insider buying provides a modest confidence signal: Executives, including CEO Amir Panush and CFO Yaniv Arieli, purchased shares in the past six months, with no reported insider sales. Institutional activity was mixed, although State Street and BlackRock increased their holdings in the latest reported quarter. Ceva Trading and Institutional Activity
- Neutral Sentiment: Analyst targets remain above the current trading range: Six analysts recently published targets with a median of $45, ranging from $36 to $55. However, these targets may not reflect updated post-earnings guidance or changing market expectations.
- Negative Sentiment: Profitability remains a concern: Despite the EPS beat, Ceva posted a negative net margin of 10.47% and negative return on equity of 3.42%. Analysts collectively expect a full-year loss of approximately $0.21 per share, which may be weighing on the stock despite stronger revenue growth. Ceva Shares Slip Despite Earnings Beat
About Ceva
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.
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