CEVA, Inc. (NASDAQ:CEVA – Free Report) – Investment analysts at Northland Capmk issued their FY2026 earnings per share (EPS) estimates for CEVA in a report released 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.
A number of other research analysts have also weighed in on CEVA. Northland Securities lifted their target price on CEVA from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Monday. Roth Mkm upped their target price on shares of CEVA from $25.00 to $40.00 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, Rosenblatt Securities upped their price target on shares of CEVA from $28.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.20.
CEVA Stock Performance
NASDAQ:CEVA opened at $31.82 on Tuesday. The business’s fifty day moving average is $28.03 and its 200 day moving average is $23.90. The firm has a market cap of $751.81 million, a price-to-earnings ratio of -227.27 and a beta of 1.27. CEVA has a 52-week low of $16.02 and a 52-week high of $33.44.
Hedge Funds Weigh In On CEVA
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of CEVA by 97.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 211,771 shares of the semiconductor company’s stock worth $5,114,000 after acquiring an additional 104,453 shares during the last quarter. Jane Street Group LLC lifted its stake in CEVA by 206.2% during the third quarter. Jane Street Group LLC now owns 137,061 shares of the semiconductor company’s stock worth $3,310,000 after purchasing an additional 92,295 shares during the last quarter. ArrowMark Colorado Holdings LLC purchased a new position in shares of CEVA in the 3rd quarter worth about $2,053,000. D.A. Davidson & CO. bought a new position in shares of CEVA during the 3rd quarter valued at about $1,343,000. Finally, Squarepoint Ops LLC purchased a new position in shares of CEVA during the 2nd quarter valued at about $892,000. Hedge funds and other institutional investors own 85.37% of the company’s stock.
CEVA Company Profile
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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