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CEVA, Inc.NasdaqGS:CEVA Stock Report

Market Cap US$1.0b
Share Price
US$38.03
US$43.13
11.8% undervalued intrinsic discount
1Y88.2%
7D-0.3%
Portfolio Value
View

CEVA, Inc.

NasdaqGS:CEVA Stock Report

Market Cap: US$1.0b

CEVA (CEVA) Stock Overview

Provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally. More details

CEVA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CEVA Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

CEVA, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for CEVA
Historical stock prices
Current Share PriceUS$38.03
52 Week HighUS$39.94
52 Week LowUS$17.02
Beta1.94
1 Month Change59.05%
3 Month Change93.34%
1 Year Change88.17%
3 Year Change73.02%
5 Year Change-15.11%
Change since IPO621.63%

Recent News & Updates

Seeking Alpha 12h

CEVA: Why Growth Could Be Harder To Come By Going Forward

Summary CEVA's Q1 FY2026 report came with mixed results, but an upgraded outlook calls for stronger growth in the rest of FY2026. The stock price has more than doubled in value in recent weeks, which may seem appropriate given the latest outlook. There are several reasons why growth could slow down in the coming years, which CEVA cannot afford with valuations pricing in continued fast growth. To be a buyer could be buying at the top with the risk of a slowdown in growth, which is why I am neutral on CEVA with a hold rating. Read the full article on Seeking Alpha
Narrative Update May 16

CEVA: Edge AI Royalties Will Drive Future Upside Repricing

Analysts have raised CEVA's implied fair value from $33.50 to $43.13, citing higher Street price targets along with updated assumptions for revenue growth, profit margins, and future P/E as the main factors behind the change. Analyst Commentary Recent Street research on CEVA has centered on recalibrated price targets and early AI related themes, giving you a clearer sense of how professionals are framing the stock's risk and reward trade off.

Recent updates

Seeking Alpha 12h

CEVA: Why Growth Could Be Harder To Come By Going Forward

Summary CEVA's Q1 FY2026 report came with mixed results, but an upgraded outlook calls for stronger growth in the rest of FY2026. The stock price has more than doubled in value in recent weeks, which may seem appropriate given the latest outlook. There are several reasons why growth could slow down in the coming years, which CEVA cannot afford with valuations pricing in continued fast growth. To be a buyer could be buying at the top with the risk of a slowdown in growth, which is why I am neutral on CEVA with a hold rating. Read the full article on Seeking Alpha
Narrative Update May 16

CEVA: Edge AI Royalties Will Drive Future Upside Repricing

Analysts have raised CEVA's implied fair value from $33.50 to $43.13, citing higher Street price targets along with updated assumptions for revenue growth, profit margins, and future P/E as the main factors behind the change. Analyst Commentary Recent Street research on CEVA has centered on recalibrated price targets and early AI related themes, giving you a clearer sense of how professionals are framing the stock's risk and reward trade off.
Narrative Update Apr 26

CEVA: Edge AI Royalty Hopes Will Face Execution Risk Ahead

CEVA's updated analyst price target holds steady at $24.00. A slightly lower discount rate and modestly higher revenue growth and profit margin assumptions reflect analysts' constructive view on its AI royalty pipeline and connectivity IP, supported by recent bullish initiations and a reaffirmed favorable risk/reward stance.
Narrative Update Apr 12

CEVA: Edge AI Royalties And Wireless IP Will Drive Future Re Rating

The updated analyst price target for CEVA shifts to $24.00 from $27.00, as analysts balance slightly higher assumptions for revenue growth and profit margins with a lower future P/E expectation and continued focus on AI related royalty and licensing opportunities. Analyst Commentary Recent research on CEVA highlights a mix of optimism around AI related royalties and licensing, together with some restraint on how much investors may be willing to pay for that potential.
Analysis Article Apr 06

Should You Think About Buying CEVA, Inc. (NASDAQ:CEVA) Now?

CEVA, Inc. ( NASDAQ:CEVA ), might not be a large cap stock, but it saw a decent share price growth of 14% on the...
Narrative Update Mar 16

CEVA: Edge AI Royalties And Wireless IP Will Support Future Re Rating

Analysts are reaffirming a $27 price target for CEVA, with the latest research pointing to steady expectations for fair value as they highlight the company’s wireless IP and emerging AI compute royalty streams as key supports for the current valuation view. Analyst Commentary Recent research highlights a mix of optimism and caution around CEVA, with a shared focus on how its wireless IP and emerging AI compute royalties could influence the long term story.
Narrative Update Mar 01

CEVA: Edge AI Royalties Will Drive Future Earnings And Re Rating

Our target fair value for CEVA has been adjusted from $28.00 to $27.00 as analysts factor in updated assumptions around growth, profitability, and long term P/E, alongside supportive views on the company’s edge AI and royalty driven opportunities. Analyst Commentary Recent Street research has centered on how CEVA’s edge AI and connectivity exposure might translate into royalties and, eventually, earnings power.
Narrative Update Feb 15

CEVA: IP Licensing Progress Will Support Future Royalty And Earnings Upside

Analysts held CEVA's fair value estimate steady at $28.00. The latest price target update reflects slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E following fresh bullish coverage from the Street.
Narrative Update Feb 01

CEVA: NeuPro AI Licensing Momentum Will Drive Future Royalty Upside

Narrative Update on CEVA Analysts have raised their fair value estimate for CEVA from $21.00 to $28.00, citing a higher Street price target, stronger Q3 results, broad end market royalty growth, robust licensing activity, and growing NeuPro AI IP licensing contributions as key supports for the revision. Analyst Commentary Recent Street commentary on CEVA has focused on the company’s Q3 performance, broad end market royalty activity, and contributions from NeuPro AI IP licensing.
Narrative Update Dec 28

Strategic Initiatives Driving Future Growth – CEVA Inc.

Author: Qudus Adebara 1. Expansion in AI Processor Licensing CEVA is increasingly positioning AI as a core growth pillar.
Analysis Article Nov 13

US$33.50 - That's What Analysts Think CEVA, Inc. (NASDAQ:CEVA) Is Worth After These Results

CEVA, Inc. ( NASDAQ:CEVA ) last week reported its latest quarterly results, which makes it a good time for investors to...
Narrative Update Nov 12

CEVA: Licensing Momentum Will Drive Upside With Expanding AI IP Demand

CEVA's analyst price target has been raised from $31.83 to $33.50. This change reflects analysts' optimism following strong Q3 results, increased royalty growth, and promising developments in NeuPro AI IP licensing.
Analysis Article Oct 03

Revenues Not Telling The Story For CEVA, Inc. (NASDAQ:CEVA) After Shares Rise 28%

CEVA, Inc. ( NASDAQ:CEVA ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Sep 19

We're Interested To See How CEVA (NASDAQ:CEVA) Uses Its Cash Hoard To Grow

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Aug 02

CEVA, Inc.'s (NASDAQ:CEVA) Shares May Have Run Too Fast Too Soon

With a median price-to-sales (or "P/S") ratio of close to 4x in the Semiconductor industry in the United States, you...
Analysis Article Jun 10

Is Now An Opportune Moment To Examine CEVA, Inc. (NASDAQ:CEVA)?

CEVA, Inc. ( NASDAQ:CEVA ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
User avatar
New Narrative May 14

Bluetooth, WiFi 7 And ADAS Wins Will Broaden Future Markets

CEVA's strength in wireless communication IP, especially in newer WiFi standards, and strategic partnerships drive anticipated revenue and market leadership.
Analysis Article May 08

CEVA (NASDAQ:CEVA) Is In A Strong Position To Grow Its Business

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Apr 01

Some Confidence Is Lacking In CEVA, Inc. (NASDAQ:CEVA) As Shares Slide 25%

CEVA, Inc. ( NASDAQ:CEVA ) shares have had a horrible month, losing 25% after a relatively good period beforehand...
Seeking Alpha Feb 28

CEVA: Likely Heading Higher

Summary The stock price could be heading to the low forties for a number of reasons, up from the thirties and despite the recent pullback. CEVA released its latest quarterly report, but it was the inclusion of CEVA in the latest iPhone that took the spotlight. The stock looks primed to go higher, but there are a few ways the rally could get disrupted to be on the lookout for. Long CEVA makes strong arguments in several areas, but not everyone is likely to board the train, depending on the answer to how high is too high. Read the full article on Seeking Alpha
Analysis Article Dec 04

CEVA, Inc.'s (NASDAQ:CEVA) 31% Price Boost Is Out Of Tune With Revenues

Despite an already strong run, CEVA, Inc. ( NASDAQ:CEVA ) shares have been powering on, with a gain of 31% in the last...
Seeking Alpha Nov 13

CEVA: What Could Be Driving The Improvement In Recent Results

Summary The Q3 FY2024 report contained a lot to be bullish about and the stock spiked higher, similar to the preceding report. The stock has soared higher in recent months after a long decline and the charts suggest the stock could head higher into the $32-33 region. Recent quarterly results show much improvement, but there is reason to believe it is not totally driven by an improvement in real demand. While there has been a clear acceleration in growth at CEVA, some question marks hang over its sustainability. Read the full article on Seeking Alpha
Analysis Article Jul 17

When Should You Buy CEVA, Inc. (NASDAQ:CEVA)?

While CEVA, Inc. ( NASDAQ:CEVA ) might not have the largest market cap around , it saw a double-digit share price rise...
Seeking Alpha May 22

CEVA: Sticking With The Prior Outlook Despite Being Behind Schedule

Summary CEVA had a disappointing Q1, but it partially negated the fallout by sticking with its prior outlook for the rest of the year. CEVA stock came close to falling below support after a disappointing report, but it recovered in time, although a breakdown remains a possibility. China played a role in the drop in sales and there is reason to believe the likelihood of further weakness should not be dismissed. CEVA could multiply in value if it achieves the targets laid out, but it will need to catch up and do better to hit those targets. Read the full article on Seeking Alpha
Analysis Article Apr 17

Risks To Shareholder Returns Are Elevated At These Prices For CEVA, Inc. (NASDAQ:CEVA)

With a median price-to-sales (or "P/S") ratio of close to 4.4x in the Semiconductor industry in the United States, you...

Shareholder Returns

CEVAUS SemiconductorUS Market
7D-0.3%-1.1%-0.3%
1Y88.2%106.0%26.7%

Return vs Industry: CEVA underperformed the US Semiconductor industry which returned 96.9% over the past year.

Return vs Market: CEVA exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is CEVA's price volatile compared to industry and market?
CEVA volatility
CEVA Average Weekly Movement10.2%
Semiconductor Industry Average Movement10.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: CEVA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CEVA's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999400Amir Panushwww.ceva-ip.com

CEVA, Inc. provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally. The company offers PentaG-RAN, a hardware and software IP for implementing L1 PHY baseband processing in 5G and 5G-A base station and other cellular infrastructure system-on-chips (SoCs); Ceva XC20 DSPs and the PentaG2 platform support 5G/5G Advanced baseband for mobile broadband, RedCap, and IoT devices; Ceva-BX2 baseband processor; Ceva-XC21, high-efficiency vector DSP cores for 5G and 5G-advanced; Ceva-XC23, DSP for 5G and 5G-advanced; and Ceva-Waves Bluetooth platform, a set of hardware IP, software modules, and radios addressing a range of processes and nodes. It also provides Ceva-Waves Wi-Fi platform, a set of hardware IP and CPU-agnostic host software for energy-efficient SoC implementation of Wi-Fi subsystems; Ceva-Waves ultra-wideband platform; Ceva-Waves Links, which provide solutions for SoCs requiring multiple connectivity standards; and Ceva-Waves DragonFly, a turnkey platform for implementing NB-IoT cellular modem SoCs.

CEVA, Inc. Fundamentals Summary

How do CEVA's earnings and revenue compare to its market cap?
CEVA fundamental statistics
Market capUS$1.02b
Earnings (TTM)-US$11.77m
Revenue (TTM)US$112.38m
9.4x
P/S Ratio
-90.0x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CEVA income statement (TTM)
RevenueUS$112.38m
Cost of RevenueUS$14.40m
Gross ProfitUS$97.98m
Other ExpensesUS$109.75m
Earnings-US$11.77m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.42
Gross Margin87.19%
Net Profit Margin-10.47%
Debt/Equity Ratio0%

How did CEVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 03:42
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CEVA, Inc. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary MobleyBenchmark Company
David O'ConnorBNP Paribas
Thomas WalkleyCanaccord Genuity