Ceva (NASDAQ:CEVA) Stock Gets Downgrade from Wall Street Zen

Ceva (NASDAQ:CEVA) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Sunday, Wall Street Zen reports.

CEVA has been the subject of several other reports. Benchmark raised Ceva from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 14th. TD Cowen reduced their price target on Ceva from $45.00 to $35.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. Oppenheimer decreased their price objective on Ceva from $42.00 to $38.00 and set an “outperform” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ceva in a research report on Friday, October 2nd. Finally, Rosenblatt Securities boosted their price objective on Ceva from $45.00 to $49.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Ceva has an average rating of “Moderate Buy” and a consensus target price of $38.80.

Ceva Stock Performance

NASDAQ:CEVA opened at $24.84 on Friday. The company has a fifty day simple moving average of $30.44 and a two-hundred day simple moving average of $30.61. Ceva has a 52 week low of $17.02 and a 52 week high of $51.60.

Ceva (NASDAQ:CEVA) last announced its quarterly earnings data on Monday, November 9th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.06). The company had revenue of $29.06 million during the quarter, compared to analyst estimates of $32.71 million. Ceva had a negative net margin of 9.48% and a negative return on equity of 3.15%. The firm’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 earnings per share. Equities analysts expect that Ceva will post -0.17 EPS for the current year.

Hedge Funds Weigh In On Ceva

Several large investors have recently bought and sold shares of CEVA. BlackRock Inc. purchased a new position in shares of Ceva during the second quarter worth about $113,995,000. AWM Investment Company Inc. purchased a new stake in shares of Ceva in the 2nd quarter valued at about $37,719,000. Deutsche Bank AG purchased a new stake in shares of Ceva in the 2nd quarter valued at about $33,941,000. William Blair Investment Management LLC acquired a new stake in shares of Ceva in the 3rd quarter valued at about $24,975,000. Finally, Oaktop Capital Management II L.P. acquired a new stake in shares of Ceva in the 2nd quarter valued at about $21,051,000. Institutional investors and hedge funds own 85.37% of the company’s stock.

Trending Headlines about Ceva

Here are the key news stories impacting Ceva this week:

• Positive Sentiment: Management forecast Q4 revenue of $34 million to $38 million and expects smartphone modem royalties to step up, offering a potential near-term boost. Ceva expects Q4 revenue of $34M-$38M as smartphone modem royalties step up
• Positive Sentiment: Ceva reported 18% sequential royalty revenue growth and record AI licensing revenue, while highlighting a multi-year smartphone modem ramp ahead. Ceva announces third-quarter 2026 financial results
• Negative Sentiment: Q3 adjusted earnings of $0.13 per share missed the roughly $0.18–$0.19 consensus, and revenue of $29.06 million was below estimates of about $32.7 million. The earnings shortfall and revenue miss likely weighed on the stock, even though revenue grew 2.4% year over year. Ceva lags Q3 earnings and revenue estimates

Ceva Company Profile

Ceva, Inc is a semiconductor intellectual property (IP) company that develops and licenses technology used in connected devices. Rather than manufacturing chips, the company provides processor cores, software, and system-level IP that semiconductor companies and original equipment manufacturers can incorporate into their own products.

Its portfolio includes digital signal processor (DSP) cores and platforms for wireless communications, artificial intelligence, computer vision, audio and voice processing, imaging, and sensor applications.