NASDAQ:DSPGDSP Group Stock Price, Forecast & News

DSP Group's stock was trading at $12.44 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DSPG stock has increased by 38.6% and is now trading at $17.24. 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) posted its quarterly earnings results on Monday, May, 4th. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. The semiconductor company had revenue of $28.24 million for the quarter, compared to analyst estimates of $29 million. DSP Group had a positive return on equity of 3.22% and a negative net margin of 2.20%. View DSP Group's earnings history.

3 analysts have issued 12 month price targets for DSP Group's stock. Their forecasts range from $18.00 to $20.00. On average, they anticipate DSP Group's stock price to reach $19.00 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View analysts' price targets for DSP Group.

Media headlines about DSPG stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DSP Group earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news articles about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutDSP Group.

DSP Group saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 324,800 shares, a decrease of 18.2% from the April 30th total of 397,300 shares. Based on an average daily volume of 262,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.5% of the company's shares 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), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Cree (CREE) and Inphi (IPHI). 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 retail and institutional 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 $17.24.

DSP Group has a market capitalization of $400.11 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]