CEVA Future Growth
Future criteria checks 3/6
CEVA is forecast to grow earnings and revenue by 115.2% and 12.9% per annum respectively. EPS is expected to grow by 115.9% per annum. Return on equity is forecast to be 7.6% in 3 years.
Key information
115.2%
Earnings growth rate
115.93%
EPS growth rate
| Semiconductor earnings growth | 30.5% |
| Revenue growth rate | 12.9% |
| Future return on equity | 7.61% |
| Analyst coverage | Good |
| Last updated | 14 Sep 2026 |
Recent future growth updates
Recent updates
Seeking Alpha • Aug 12
CEVA: Growth Is Picking Up, But The Shares Are Still Relatively Expensive
Summary CEVA, Inc. shows accelerating revenue growth, with Q2 revenues up 12.8% year-over-year and 2026 guidance of 13–15%. Licensing revenues rose 21%, signaling potential future royalty growth as device shipments increased 18%, though product mix may pressure margins. EPS declined due to a 17% increase in outstanding shares, raising dilution concerns despite rising non-GAAP net income. CEVA trades at a 56x forward P/E, significantly above peers, with growth and margin profile not justifying the premium valuation. Read the full article on Seeking Alpha
Narrative Update • Aug 12
CEVA: Future Stock Repricing Will Depend On AI Licensing Agreements
Analysts have trimmed the CEVA fair value estimate from $42.00 to $38.00. This reflects updated price targets after recent quarterly beats, higher licensing activity in AI and connectivity, and revised expectations for growth, profitability, and future P/E levels.Narrative Update • Jul 29
CEVA: Future Stock Repricing Will Hinge On AI Licensing Execution
The analyst fair value estimate for CEVA has been raised from $36.00 to $42.00 as analysts factor in stronger revenue growth and profit margin assumptions, supported by a series of higher Street price targets and broadly firm sector fundamentals. Analyst Commentary Recent Street research on CEVA shows a mix of enthusiasm around sector trends and a more cautious stance on how much of that optimism is already reflected in the share price.
Narrative Update • Jul 14
CEVA: Edge AI Licensing Will Drive Future Upside Repricing
Analysts have raised the primary price target for CEVA by $5.75 to $48.88 as part of a broader series of higher Street targets, citing firm compute and networking fundamentals and ongoing AI driven demand. Analyst Commentary Recent target changes around CEVA point to a cluster of upbeat views on compute and networking demand, especially where AI workloads are involved.
Narrative Update • Jun 30
CEVA: Physical AI And Edge Licensing Momentum Will Drive Repricing
Analysts have raised their blended price target for CEVA from about $40.00 to roughly $59.95, citing a series of recent target increases across major firms that reflect updated assumptions on fair value, discount rates, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research updates on CEVA cluster around higher price targets across multiple firms.Analysis Article • Jun 18
CEVA (CEVA) Stock Looks Slightly Stretched After Earnings Beat And Physical AI Buzz
CEVA (CEVA) is back in focus after Needham and other firms highlighted its role in Physical AI, following first quarter 2026 earnings that surpassed analyst expectations on the strength of licensing revenue. See our latest analysis for CEVA. CEVA’s share price has climbed sharply in recent months, with a 30 day share price return of 22.74% and a 90 day share price return of 136.74%. The 1 year total shareholder return of 118.01% points to strong momentum building around its Physical AI and...Narrative Update • Jun 16
CEVA: Stock Repricing Will Hinge On Royalty And Licensing Execution
The analyst price target for CEVA has been reset to $36.00, with analysts pointing to updated assumptions for revenue growth, profit margins and P/E multiples in light of recent Street research price target increases across the stock. Analyst Commentary Recent Street research on CEVA points to a cluster of price target revisions, with several firms resetting their views in light of updated assumptions on revenue growth, margins and P/E multiples.Narrative Update • Jun 02
CEVA: Edge AI Repricing Looks Vulnerable To Royalty Execution Risk
The analyst price target for CEVA is updated from about $24.00 to roughly $36.46, with analysts citing adjustments to fair value assumptions, discount rate, revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street research on CEVA centers on a series of revised price targets, with several firms adjusting their views in light of updated assumptions on fair value, discount rates, revenue growth, profit margins, and future P/E levels.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...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 AlphaAnalysis 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...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 160 | 11 | 30 | 34 | 5 |
| 12/31/2027 | 142 | 2 | 22 | 25 | 9 |
| 12/31/2026 | 125 | -6 | 14 | 16 | 9 |
| 6/30/2026 | 116 | -11 | -1 | 4 | N/A |
| 3/31/2026 | 112 | -12 | -6 | -1 | N/A |
| 12/31/2025 | 110 | -11 | -6 | -3 | N/A |
| 9/30/2025 | 108 | -11 | -6 | -4 | N/A |
| 6/30/2025 | 106 | -10 | 0 | 2 | N/A |
| 3/31/2025 | 109 | -7 | 1 | 3 | N/A |
| 12/31/2024 | 107 | -9 | 0 | 3 | N/A |
| 9/30/2024 | 102 | -15 | -3 | 0 | N/A |
| 6/30/2024 | 99 | -17 | -5 | -1 | N/A |
| 3/31/2024 | 93 | -21 | -13 | -9 | N/A |
| 12/31/2023 | 97 | -18 | -9 | -6 | N/A |
| 9/30/2023 | 104 | -6 | -10 | -8 | N/A |
| 6/30/2023 | 110 | -24 | -7 | -5 | N/A |
| 3/31/2023 | 112 | -15 | -11 | -8 | N/A |
| 12/31/2022 | 121 | -14 | 3 | 7 | N/A |
| 9/30/2022 | 124 | -15 | 11 | 14 | N/A |
| 6/30/2022 | 127 | 6 | 16 | 19 | N/A |
| 3/31/2022 | 132 | 2 | 18 | 20 | N/A |
| 12/31/2021 | 114 | 2 | 24 | 26 | N/A |
| 9/30/2021 | 117 | -3 | 20 | 22 | N/A |
| 6/30/2021 | 109 | -3 | 8 | 11 | N/A |
| 3/31/2021 | 102 | -5 | 21 | 24 | N/A |
| 12/31/2020 | 100 | -2 | 12 | 15 | N/A |
| 9/30/2020 | 100 | 0 | 13 | 14 | N/A |
| 6/30/2020 | 99 | 2 | 10 | 21 | N/A |
| 3/31/2020 | 94 | 1 | N/A | 11 | N/A |
| 12/31/2019 | 87 | 0 | N/A | 10 | N/A |
| 9/30/2019 | 80 | -1 | N/A | 9 | N/A |
| 6/30/2019 | 78 | 1 | N/A | 6 | N/A |
| 3/31/2019 | 77 | 0 | N/A | 11 | N/A |
| 12/31/2018 | 78 | 1 | N/A | 9 | N/A |
| 9/30/2018 | 78 | 1 | N/A | 11 | N/A |
| 6/30/2018 | 81 | 5 | N/A | 18 | N/A |
| 3/31/2018 | 84 | 11 | N/A | 20 | N/A |
| 12/31/2017 | 88 | 17 | N/A | 24 | N/A |
| 9/30/2017 | 87 | 19 | N/A | 30 | N/A |
| 6/30/2017 | 81 | 17 | N/A | 26 | N/A |
| 3/31/2017 | 77 | 15 | N/A | 21 | N/A |
| 12/31/2016 | 73 | 13 | N/A | 14 | N/A |
| 9/30/2016 | 68 | 10 | N/A | 14 | N/A |
| 6/30/2016 | 66 | 10 | N/A | 16 | N/A |
| 3/31/2016 | 62 | 8 | N/A | 20 | N/A |
| 12/31/2015 | 59 | 6 | N/A | 19 | N/A |
| 9/30/2015 | 57 | 2 | N/A | 11 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEVA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.7%).
Earnings vs Market: CEVA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CEVA is expected to become profitable in the next 3 years.
Revenue vs Market: CEVA's revenue (12.9% per year) is forecast to grow slower than the US market (13.4% per year).
High Growth Revenue: CEVA's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEVA's Return on Equity is forecast to be low in 3 years time (7.6%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/15 21:43 |
| End of Day Share Price | 2026/09/15 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 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 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David O'Connor | BNP Paribas |
| Thomas Walkley | Canaccord Genuity |
| Daniel Gelbtuch | Cantor Fitzgerald & Co. |