DSP Group Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DSP Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DSP Group stock.
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DSP Group saw a increase in short interest in May. As of May 28th, there was short interest totaling 661,100 shares, an increase of 40.6% from the May 13th total of 470,100 shares. Based on an average daily volume of 160,800 shares, the short-interest ratio is presently 4.1 days. Currently, 3.0% of the company's stock are sold short.
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DSP Group is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for DSP Group.

DSP Group, Inc. (NASDAQ:DSPG) issued its quarterly earnings results on Sunday, May, 2nd. The semiconductor company reported $0.05 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The semiconductor company earned $32.65 million during the quarter, compared to analysts' expectations of $32 million. DSP Group had a negative net margin of 4.77% and a positive trailing twelve-month return on equity of 4.56%.
View DSP Group's earnings history.

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 (WHO). Since then, DSPG shares have increased by 20.9% and is now trading at $15.04.
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DSP Group issued an update on its second quarter 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $34 million-$36 million, compared to the consensus revenue estimate of $33.14 million.

4 brokers have issued 1-year price targets for DSP Group's stock. Their forecasts range from $20.00 to $22.00. On average, they anticipate DSP Group's stock price to reach $20.67 in the next year. This suggests a possible upside of 37.4% from the stock's current price.
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18 employees have rated DSP Group CEO Ofer Elyakim on Glassdoor.com. Ofer Elyakim has an approval rating of 97% among DSP Group's employees. This puts Ofer Elyakim in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to DSP Group include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Marvell Technology (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Lattice Semiconductor (LSCC).
View all of DSPG's 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), (KLDX) (KLDX), AbbVie (ABBV), Alnylam Pharmaceuticals (ALNY), Advanced Micro Devices (AMD), OPKO Health (OPK), TherapeuticsMD (TXMD), Freeport-McMoRan (FCX) and FormFactor (FORM).

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

DSP Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (19.04%), Renaissance Technologies LLC (4.90%), Kennedy Capital Management Inc. (4.36%), Dimensional Fund Advisors LP (4.27%), Acadian Asset Management LLC (2.58%) and Heartland Advisors Inc. (2.58%). Company insiders that own DSP Group stock include Cynthia Paul, Dror Levy, Gabi Seligsohn, Ofer Elyakim 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 Russell Investments Group Ltd., Grantham Mayo Van Otterloo & Co. LLC, Dimensional Fund Advisors LP, Phoenix Holdings Ltd., Wedge Capital Management L L P NC, Barclays PLC, Thrivent Financial for Lutherans, and Boston Partners. Company insiders that have sold DSP Group company stock in the last year include Cynthia Paul, Dror Levy, Gabi Seligsohn, and Yair Seroussi.
View insider buying and selling activity for DSP Group or view top insider-selling stocks.

DSPG stock was purchased by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Citadel Advisors LLC, Acadian Asset Management LLC, Heartland Advisors Inc., BlackRock Inc., Punch & Associates Investment Management Inc., GSA Capital Partners LLP, and D. E. Shaw & Co. Inc..
View insider buying and selling activity for DSP Group or or view top insider-buying stocks.

Shares of DSPG 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 DSPG stock can currently be purchased for approximately $15.04.

DSP Group has a market capitalization of $364.37 million and generates $114.48 million in revenue each year. The semiconductor company earns $-6,790,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.

DSP Group employs 352 workers across the globe.

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

DSP Group is headquartered at 2055 Gateway Place Suite 480, San Jose CA, 95110.

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]