NASDAQ:DSPGDSP Group Stock Price, Forecast & News

DSP Group's stock was trading at $12.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DSPG stock has increased by 27.0% and is now trading at $15.80. 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 earnings results on Monday, May, 4th. The semiconductor company reported ($0.04) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.02. The semiconductor company had revenue of $28.24 million for the quarter, compared to analysts' expectations 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 Wall Street analysts have issued 12-month target prices for DSP Group's stock. Their forecasts range from $20.00 to $25.00. On average, they expect DSP Group's share price to reach $21.67 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View analysts' price targets for DSP Group.

News stories about DSPG stock have trended very negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. DSP Group earned a media sentiment score of -3.3 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 effect on the company's share price in the next several days. View the latest news about DSP Group.

DSP Group saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 723,700 shares, an increase of 25.4% from the May 31st total of 577,100 shares. Based on an average daily trading volume, of 277,000 shares, the short-interest ratio is presently 2.6 days. Approximately 3.4% of the company's stock are sold short. 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), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI) and First Solar (FSLR). 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."

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 $15.80.

DSP Group has a market capitalization of $366.72 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]