Ceva (NASDAQ:CEVA) Price Target Raised to $49.00

Ceva (NASDAQ:CEVA) had its price objective boosted by Rosenblatt Securities from $45.00 to $49.00 in a research note released on Tuesday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the semiconductor company’s stock.

Several other research firms also recently commented on CEVA. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ceva in a research note on Monday, July 6th. JPMorgan Chase & Co. assumed coverage on Ceva in a research note on Friday, May 8th. They set a “neutral” rating and a $30.00 price objective for the company. UBS Group raised their target price on shares of Ceva from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. TD Cowen lifted their price target on shares of Ceva from $45.00 to $55.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, Roth Capital reissued a “buy” rating and issued a $40.00 price objective on shares of Ceva in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $40.60.

Ceva Price Performance

Shares of CEVA stock opened at $30.37 on Tuesday. The company has a market cap of $854.92 million, a price-to-earnings ratio of -75.92 and a beta of 1.99. Ceva has a 1 year low of $17.02 and a 1 year high of $51.60. The firm has a fifty day moving average price of $40.62 and a 200-day moving average price of $31.03.

Ceva (NASDAQ:CEVA) last announced its earnings results on Monday, August 10th. The semiconductor company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The company had revenue of $29.03 million for the quarter, compared to analysts’ expectations of $28.19 million. Ceva had a negative return on equity of 3.22% and a negative net margin of 9.48%.Ceva’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS. Equities research analysts expect that Ceva will post -0.21 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of Ceva during the second quarter valued at approximately $113,995,000. Deutsche Bank AG bought a new position in shares of Ceva during the second quarter worth $33,941,000. Millennium Management LLC grew its stake in Ceva by 2,735.2% during the fourth quarter. Millennium Management LLC now owns 595,599 shares of the semiconductor company’s stock valued at $12,817,000 after acquiring an additional 574,592 shares in the last quarter. Defiance ETFs LLC bought a new stake in Ceva in the 4th quarter valued at $10,420,000. Finally, Oaktop Capital Management II L.P. bought a new stake in Ceva in the 2nd quarter valued at $21,051,000. 85.37% of the stock is owned by hedge funds and other institutional investors.

Ceva News Summary

Here are the key news stories impacting Ceva this week:

• Positive Sentiment: Ceva exceeded second-quarter expectations, reporting $29.03 million in revenue versus a $28.19 million consensus estimate and $0.08 in EPS versus $0.07 expected. Revenue increased approximately 13% year over year, supported by stronger edge-AI technology licensing. Ceva tops Q2 targets on edge AI tech licensing
• Positive Sentiment: Management’s 2026 revenue outlook calls for 13%–15% growth as platform-level licensing expands. Licensing revenue rose 21%, while device shipments increased 18%, potentially supporting future royalty growth. CEVA projects 2026 revenue growth of 13%–15%
• Positive Sentiment: Rosenblatt Securities reportedly forecasts significant appreciation for CEVA stock, providing a counterpoint to more cautious analyst commentary. Rosenblatt Securities Forecasts Strong Price Appreciation
• Neutral Sentiment: Analyst opinion is divided: Needham lowered its price target to $43, while Oppenheimer issued a pessimistic forecast. The conflicting recommendations are likely contributing to volatility. Needham Cuts Ceva Price Target
• Negative Sentiment: Investors remain concerned that product mix could pressure margins and that a 17% increase in shares outstanding diluted EPS, despite higher non-GAAP net income. The stock’s valuation may also appear elevated relative to current profitability. CEVA: Growth Is Picking Up, But The Shares Are Still Relatively Expensive
• Negative Sentiment: Ceva, Inc. should be distinguished from Ceva Logistics, which suffered a cyberattack affecting shipments and customer communications. The incident does not appear to involve the semiconductor company, but similarly named headlines may create temporary confusion. Ceva Logistics Operations Disrupted by Cyberattack

Ceva Company Profile

Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices. The company designs a broad portfolio of digital signal processing (DSP) and AI processors, software development toolkits and reference frameworks for applications ranging from 5G wireless communications and Bluetooth connectivity to audio, computer vision, sensor fusion and edge AI. Its solutions target a variety of end markets including smartphones, automotive, IoT devices, smart home, industrial automation and wearable electronics.

Founded in 1999 as a spin-off from DSP Group, Ceva has built its reputation on delivering modular, power-efficient IP that can be customized to meet stringent performance, area and power requirements.