NASDAQ:DSPGDSP Group Stock Price, Forecast & News

DSP Group's stock was trading at $12.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DSPG stock has increased by 43.9% and is now trading at $17.90. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DSP Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for DSP Group.

DSP Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for DSP Group.

DSP Group, Inc. (NASDAQ:DSPG) released its quarterly earnings results on Monday, May, 4th. The semiconductor company reported ($0.04) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.02. The semiconductor company earned $28.24 million during the quarter, compared to analysts' expectations of $29 million. DSP Group had a negative net margin of 2.20% and a positive return on equity of 3.22%. View DSP Group's earnings history.

3 analysts have issued 12-month price targets for DSP Group's shares. Their forecasts range from $18.00 to $20.00. On average, they expect DSP Group's stock price to reach $19.00 in the next year. This suggests a possible upside of 6.1% from the stock's current price. View analysts' price targets for DSP Group.

Media coverage about DSPG stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. DSP Group earned a news impact score of 1.6 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutDSP Group.

DSP Group saw a drop in short interest in May. As of May 15th, there was short interest totaling 324,800 shares, a drop of 18.2% from the April 30th total of 397,300 shares. Based on an average trading volume of 262,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.5% of the company's stock are short sold. View DSP Group's Current Options Chain.

Some companies that are related to DSP Group include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Inphi (IPHI) and Cree (CREE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other DSP Group investors own include XOMA (XOMA), Kratos Defense & Security Solutions (KTOS), Klondex Mines (KLDX), Alnylam Pharmaceuticals (ALNY), Cypress Semiconductor (CY), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Ring Energy (REI), Ring Energy (REI) and Stratasys (SSYS).

DSP Group trades on the NASDAQ under the ticker symbol "DSPG."

DSP Group's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.29%), Senvest Management LLC (7.79%), Wells Fargo & Company MN (3.84%), State Street Corp (2.94%), The Manufacturers Life Insurance Company (2.64%) and Geode Capital Management LLC (1.42%). Company insiders that own DSP Group stock include Cynthia Paul, Dror Levy, Thomas A Lacey and Yair Seroussi. View institutional ownership trends for DSP Group.

DSPG stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Squarepoint Ops LLC, Wedge Capital Management L L P NC, BlackRock Inc., Rice Hall James & Associates LLC, Thrivent Financial for Lutherans, Assenagon Asset Management S.A., and UBS Group AG. Company insiders that have sold DSP Group company stock in the last year include Dror Levy, and Yair Seroussi. View insider buying and selling activity for DSP Group.

DSPG stock was acquired by a variety of institutional investors in the last quarter, including Senvest Management LLC, The Manufacturers Life Insurance Company , Fuller & Thaler Asset Management Inc., Russell Investments Group Ltd., Grantham Mayo Van Otterloo & Co. LLC, Acadian Asset Management LLC, Phoenix Holdings Ltd., and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought DSP Group stock in the last two years include Cynthia Paul, and Thomas A Lacey. View insider buying and selling activity for DSP Group.

Shares of DSPG 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, Robinhood, Fidelity, and Charles Schwab.

One share of DSPG stock can currently be purchased for approximately $17.90.

DSP Group has a market capitalization of $415.42 million and generates $117.61 million in revenue each year. The semiconductor company earns $-1,190,000.00 in net income (profit) each year or $0.29 on an earnings per share basis. DSP Group employs 324 workers across the globe.

The official website for DSP Group is www.dspg.com.

DSP Group's mailing address is 2055 Gateway Place Suite 480, San Jose CA, 95110. The semiconductor company can be reached via phone at 408-986-4300 or via email at [email protected]