CEVA - CEVA Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEVA in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CEVA shares.
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3 analysts have issued 1 year price objectives for CEVA's shares. Their CEVA share price forecasts range from $30.00 to $45.00. On average, they expect the company's share price to reach $36.83 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
View analysts price targets for CEVA or view top-rated stocks among Wall Street analysts.

CEVA's stock was trading at $25.58 at the beginning of the year. Since then, CEVA shares have increased by 15.4% and is now trading at $29.51.
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CEVA saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 486,900 shares, a decrease of 10.6% from the February 13th total of 544,800 shares. Based on an average daily volume of 105,300 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.2% of the company's stock are sold short.
View CEVA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our CEVA earnings forecast.

CEVA, Inc. (NASDAQ:CEVA) announced its earnings results on Wednesday, February, 15th. The semiconductor company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.06. The semiconductor company had revenue of $33.40 million for the quarter, compared to analyst estimates of $32.34 million. CEVA had a negative net margin of 17.22% and a positive trailing twelve-month return on equity of 1.63%. CEVA's quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS.

ETFs with the largest weight of CEVA (NASDAQ:CEVA) stock in their portfolio include ProShares Metaverse ETF (VERS), Defiance Next Gen Connectivity ETF (FIVG), Global X Autonomous & Electric Vehicles ETF (DRIV), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), SoFi Web 3 ETF (TWEB), WisdomTree Artificial Intelligence and Innovation Fund (WTAI), BlueStar Israel Technology ETF (ITEQ) and Fidelity Electric Vehicles and Future Transportation ETF (FDRV).

31 employees have rated CEVA Chief Executive Officer Gideon Wertheizer on Glassdoor.com. Gideon Wertheizer has an approval rating of 63% among the company's employees. This puts Gideon Wertheizer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 72.0% of employees surveyed would recommend working at CEVA to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other CEVA investors own include NVIDIA (NVDA), Inseego (INSG), Alibaba Group (BABA), Marvell Technology (MRVL), Baidu (BIDU), Tencent (TCEHY), Impinj (PI), CRISPR Therapeutics (CRSP), JD.com (JD) and CareCloud (MTBC).

CEVA trades on the NASDAQ under the ticker symbol "CEVA."

CEVA's stock is owned by many different institutional and retail investors. Top institutional investors include Senvest Management LLC (4.46%), Phoenix Holdings Ltd. (3.36%), Dimensional Fund Advisors LP (3.16%), Neuberger Berman Group LLC (3.08%), Amundi (2.88%) and Rice Hall James & Associates LLC (2.18%). Insiders that own company stock include Gideon Wertheizer, Issachar Ohana, Louis Silver, Michael Boukaya, Peter Mcmanamon, Sven Christer Nilsson and Yaniv Arieli.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CEVA stock can currently be purchased for approximately $29.51.

CEVA (NASDAQ:CEVA) has a market capitalization of $691.12 million and generates $134.65 million in revenue each year. The semiconductor company earns $-23,180,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis.

The company employs 476 workers across the globe.

CEVA's mailing address is 1174 CASTRO STREET SUITE 210, MOUNTAIN VIEW CA, 94040. The official website for the company is www.ceva-dsp.com. The semiconductor company can be reached via phone at (240) 308-8328, via email at irceva@ceva-dsp.com, or via fax at 650-417-7995.