CEVA, Inc. (NASDAQ:CEVA – Free Report) – Stock analysts at Northland Capmk issued their FY2026 earnings estimates for CEVA in a research report issued to clients and investors on Monday, December 23rd. Northland Capmk analyst G. Richard anticipates that the semiconductor company will post earnings per share of $0.05 for the year. The consensus estimate for CEVA’s current full-year earnings is ($0.25) per share.
Several other analysts have also weighed in on the stock. Northland Securities lifted their price objective on shares of CEVA from $31.00 to $35.00 and gave the company an “outperform” rating in a research note on Monday. Rosenblatt Securities increased their target price on CEVA from $28.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 8th. StockNews.com downgraded shares of CEVA from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, Roth Mkm boosted their target price on shares of CEVA from $25.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.20.
CEVA Stock Up 1.4 %
CEVA opened at $32.27 on Tuesday. CEVA has a twelve month low of $16.02 and a twelve month high of $33.44. The company has a fifty day moving average of $28.03 and a 200-day moving average of $23.90. The stock has a market cap of $762.44 million, a PE ratio of -230.48 and a beta of 1.27.
Institutional Investors Weigh In On CEVA
A number of hedge funds have recently made changes to their positions in CEVA. US Bancorp DE increased its holdings in CEVA by 125.8% during the third quarter. US Bancorp DE now owns 1,398 shares of the semiconductor company’s stock worth $34,000 after buying an additional 779 shares during the last quarter. GAMMA Investing LLC grew its position in shares of CEVA by 338.9% during the 3rd quarter. GAMMA Investing LLC now owns 1,457 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 1,125 shares during the period. Point72 DIFC Ltd bought a new stake in shares of CEVA in the 2nd quarter worth approximately $43,000. nVerses Capital LLC purchased a new position in CEVA in the second quarter valued at approximately $50,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in CEVA during the second quarter valued at $65,000. 85.37% of the stock is currently owned by institutional investors.
About CEVA
CEVA, Inc provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 – 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices.
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