NASDAQ:CEVA - CEVA Stock Price, News, & Analysis

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$29.22 +0.52 (+1.81 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$28.70
Today's Range$28.61 - $29.23
52-Week Range$20.40 - $41.50
Volume109,638 shs
Average Volume163,361 shs
Market Capitalization$639.98 million
P/E Ratio265.64
Dividend YieldN/A
Beta1.76
CEVA, Inc. licenses signal processing platforms and artificial intelligence processors for semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of Things (IoT) markets worldwide. The company licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms for imaging, computer vision, deep learning, sound, voice, and audio processing; and long range wireless technologies for LTE/5G baseband processing in IoT, handsets, and infrastructure, as well as short range wireless platforms for Wi-Fi and Bluetooth. Its technologies are licensed in the form of intellectual property (IP), which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into various end products. The company designs and licenses DSP cores in the form of a hardware description language definition; DSP-based platforms for 5G baseband processing in cellular handsets, machine to machine type devices and base stations RAN, wired communications, advanced imaging, computer vision, audio/voice/ sensing, and IoT applications; and development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. Its products are primarily deployed in various markets, such as smartphones, tablets, drones, surveillance cameras, wearables, automotive ADAS, and industrial IoT applications, as well as Bluetooth and Wi-Fi connected consumer and medical products. CEVA, Inc. licenses its technology through a direct sales force. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was founded in 1999 and is headquartered in Mountain View, California.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorComputer and Technology
Current SymbolNASDAQ:CEVA
CUSIP15721010
Phone650-417-7900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$77.88 million
Cash Flow$0.1577 per share
Book Value$11.23 per share

Profitability

Net Income$570,000.00

Miscellaneous

Employees313
Market Cap$639.98 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

CEVA (NASDAQ:CEVA) Frequently Asked Questions

What is CEVA's stock symbol?

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

How were CEVA's earnings last quarter?

CEVA, Inc. (NASDAQ:CEVA) posted its quarterly earnings results on Wednesday, February, 13th. The semiconductor company reported $0.23 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.08. The semiconductor company had revenue of $21.40 million for the quarter, compared to the consensus estimate of $22.07 million. CEVA had a return on equity of 1.00% and a net margin of 0.74%. The company's quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.25 EPS. View CEVA's Earnings History.

When is CEVA's next earnings date?

CEVA is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for CEVA.

What price target have analysts set for CEVA?

6 brokerages have issued 1 year price objectives for CEVA's stock. Their predictions range from $27.00 to $40.00. On average, they anticipate CEVA's stock price to reach $34.1667 in the next year. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for CEVA.

What is the consensus analysts' recommendation for CEVA?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CEVA in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CEVA.

What are Wall Street analysts saying about CEVA stock?

Here are some recent quotes from research analysts about CEVA stock:
  • 1. Canaccord Genuity analysts commented, "We believe a significant growth driver in 2020 and beyond is the base-station chipset opportunities with three of the top five global OEMs having adopted CEVA’s XC12 platform. In addition, we believe Intel will maintain its 100% modem share in new iPhones through at least the new iPhones launching in fall 2020, and share gains by this CEVA customer should support royalty growth trends through 2020. With management continuing to execute on driving growth in cellular IoT, AI, sound, computer vision, Bluetooth and WiFi, CEVA continues to diversify its portfolio and expand its TAM. We reiterate our BUY rating as we believe the company has a strong and diversifying licensing base to drive steady long-term and high-margin royalty growth but decrease our estimates and price target from $41 to $35." (2/13/2019)
  • 2. According to Zacks Investment Research, "CEVA is the leading licensor of signal processing IP for a smarter, connected world. They partner with semiconductor companies and OEMs worldwide to create power-efficient, intelligent and connected devices for a range of end markets, including mobile, consumer, automotive, industrial and IoT. Their ultra-low-power IPs for vision, audio, communications and connectivity include comprehensive DSP-based platforms for LTE/LTE-A/5G baseband processing in handsets, infrastructure and machine-to-machine devices, advanced imaging, computer vision and deep learning for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. " (11/15/2018)

Has CEVA been receiving favorable news coverage?

Headlines about CEVA stock have been trending somewhat positive recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CEVA earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of CEVA's key competitors?

What other stocks do shareholders of CEVA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CEVA investors own include NVIDIA (NVDA), Alibaba Group (BABA), Applied Materials (AMAT), Micron Technology (MU), Celgene (CELG), QUALCOMM (QCOM), AT&T (T), Cisco Systems (CSCO), General Electric (GE) and Tesla (TSLA).

Who are CEVA's key executives?

CEVA's management team includes the folowing people:
  • Mr. Gideon Wertheizer, CEO & Director (Age 63)
  • Mr. Yaniv Arieli, CFO & Treasurer (Age 51)
  • Mr. Issachar Ohana, Exec. VP of Worldwide Sales (Age 53)
  • Mr. Erez Bar-Niv, Chief Technology Officer
  • Mr. Richard Kingston, VP of Market Intelligence, Investor & PR

Who are CEVA's major shareholders?

CEVA's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.54%), Dimensional Fund Advisors LP (3.31%), Bank of New York Mellon Corp (2.16%), Baillie Gifford & Co. (1.80%), Candriam Luxembourg S.C.A. (1.38%) and Northern Trust Corp (1.37%). Company insiders that own CEVA stock include Eliyahu Ayalon, Gideon Wertheizer, Issachar Ohana, Louis Silver, Maria Marced, Peter Mcmanamon, Sven Christer Nilsson and Yaniv Arieli. View Institutional Ownership Trends for CEVA.

Which major investors are selling CEVA stock?

CEVA stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Weiss Multi Strategy Advisers LLC, Bank of New York Mellon Corp, Two Sigma Investments LP, Parisi Gray Wealth Management, Thrivent Financial for Lutherans, Northern Trust Corp and Uniplan Investment Counsel Inc.. Company insiders that have sold CEVA company stock in the last year include Issachar Ohana and Maria Marced. View Insider Buying and Selling for CEVA.

Which major investors are buying CEVA stock?

CEVA stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Assenagon Asset Management S.A., D. E. Shaw & Co. Inc., Boston Partners, Chicago Equity Partners LLC, Amundi Pioneer Asset Management Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for CEVA.

How do I buy shares of CEVA?

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

What is CEVA's stock price today?

One share of CEVA stock can currently be purchased for approximately $29.22.

How big of a company is CEVA?

CEVA has a market capitalization of $639.98 million and generates $77.88 million in revenue each year. The semiconductor company earns $570,000.00 in net income (profit) each year or $0.11 on an earnings per share basis. CEVA employs 313 workers across the globe.

What is CEVA's official website?

The official website for CEVA is http://www.ceva-dsp.com.

How can I contact CEVA?

CEVA's mailing address is 1174 CASTRO STREET SUITE 210, MOUNTAIN VIEW CA, 94040. The semiconductor company can be reached via phone at 650-417-7900 or via email at [email protected]


MarketBeat Community Rating for CEVA (NASDAQ CEVA)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  487 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  731
MarketBeat's community ratings are surveys of what our community members think about CEVA and other stocks. Vote "Outperform" if you believe CEVA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEVA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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