CEVA (LSE:0Q19) - Stock Price, News & Analysis

0Q19 Stock Overview

Provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. More details

0Q19 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 107.89% per year

Risk Analysis

Volatile share price over the past 3 months compared to the UK market

CEVA, Inc. Competitors

Alphawave IP Group

LSE:AWE

UK£1.0b

CML Microsystems

AIM:CML

UK£38.6m

EnSilica

AIM:ENSI

UK£41.5m

Kromek Group

AIM:KMK

UK£36.2m

Price History & Performance

Summary of all time highs, changes and price drops for CEVA
Historical stock prices
Current Share Price	US$30.52
52 Week High	US$31.28
52 Week Low	US$16.01
Beta	1.2
11 Month Change	24.91%
3 Month Change	27.57%
1 Year Change	36.36%
33 Year Change	-34.22%
5 Year Change	18.73%
Change since IPO	1,961.92%

Recent updates

Shareholder Returns

	0Q19	GB Semiconductor	GB Market
7D	10.1%	14.1%	2.2%
1Y	36.4%	8.4%	8.8%

Return vs Industry: 0Q19 exceeded the UK Semiconductor industry which returned 8.4% over the past year.

Return vs Market: 0Q19 exceeded the UK Market which returned 8.8% over the past year.

Price Volatility

Is 0Q19's price volatile compared to industry and market?
0Q19 volatility
0Q19 Average Weekly Movement	8.2%
Semiconductor Industry Average Movement	9.3%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.2%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0Q19's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0Q19's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
1999	424	Amir Panush	www.ceva-ip.com

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. The company’s wireless IoT products comprise RivieraWaves’ Bluetooth 5dual mode and low energy platforms, RivieraWaves’ Wi-Fi platforms, ultra-wide band platforms, and Cellular IoT and RedCap platforms, as well as sense and inference processors and platforms consist of NeuPro-M neural processing unit (NPU) family; SensPro2 sensor hub AI platforms addressing imaging, vision, powertrain, and applications, including DSP processors, AI accelerators, and a software portfolio; and Ceva-BX1 and Ceva-BX2 audio AI DSPs.

CEVA, Inc. Fundamentals Summary

How do CEVA's earnings and revenue compare to its market cap?
0Q19 fundamental statistics
Market cap	US$696.28m
Earnings (TTM)	-US$15.15m
Revenue (TTM)	US$101.88m

6.8x

P/S Ratio

-46.0x

P/E Ratio

Is 0Q19 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0Q19 income statement (TTM)
Revenue	US$101.88m
Cost of Revenue	US$11.66m
Gross Profit	US$90.22m
Other Expenses	US$105.37m
Earnings	-US$15.15m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.64
Gross Margin	88.56%
Net Profit Margin	-14.87%
Debt/Equity Ratio	0%

How did 0Q19 perform over the long term?

See historical performance and comparison

0Q19 Stock Overview

Rewards

Risk Analysis

CEVA, Inc. Competitors

LSE:AWE

UK£1.0b

AIM:CML

UK£38.6m

AIM:ENSI

UK£41.5m

AIM:KMK

UK£36.2m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: US$0.055 loss per share (vs US$0.12 loss in 3Q 2023)

Now 30% overvalued after recent price rise

CEVA, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Now 20% overvalued after recent price rise

Now 21% undervalued after recent price drop

CEVA, Inc. to Report Q2, 2024 Results on Aug 07, 2024

Recent updates

Third quarter 2024 earnings released: US$0.055 loss per share (vs US$0.12 loss in 3Q 2023)

Now 30% overvalued after recent price rise

CEVA, Inc. to Report Q3, 2024 Results on Nov 07, 2024

Now 20% overvalued after recent price rise

Now 21% undervalued after recent price drop

CEVA, Inc. to Report Q2, 2024 Results on Aug 07, 2024

New minor risk - Share price stability

Ceva, Inc. Extends Its Smart Edge IP Leadership, Adding New TinyML Optimized NPUs for AIoT Devices to Enable Edge AI Everywhere

Now 23% overvalued

CEVA, Inc. Provides Earnings Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: US$0.23 loss per share (vs US$0.21 loss in 1Q 2023)

Now 22% overvalued after recent price rise

CEVA, Inc. to Report Q1, 2024 Results on May 09, 2024

CEVA, Inc., Annual General Meeting, May 21, 2024

Ceva, Inc. Launches Multi-Protocol Wireless Platform IP Family to Accelerate Enhanced Connectivity in MCUs and SOCs for IoT and Smart Edge AI Applications

Full year 2023 earnings released: US$0.79 loss per share (vs US$0.60 loss in FY 2022)

Insufficient new directors

Ceva, Inc. Introduces Next Generation Low Power Ultra-Wideband IP for FiRa 2.0 to Provide Highly Accurate and Reliable Wireless Ranging Capabilities for Consumer and Industrial IoT Applications

CEVA, Inc. Appoints Amir Panush as Member of the Board

Full year 2023 earnings released: US$0.79 loss per share (vs US$1.00 loss in FY 2022)

New minor risk - Share price stability

CEVA, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.96 loss in 3Q 2022)

CEVA, Inc. to Report Q3, 2023 Results on Nov 08, 2023

CEVA, Inc. Appoints Iri Trashanski as Chief Strategy Officer

Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Intrinsix Corp. from CEVA, Inc. (NasdaqGS:CEVA) for $31.3 million.

Insufficient new directors

Ceva Bluetooth(R) 5.4 Ip Achieves Sig Qualification, Includes New Features to Address Rapidly Growing Electronic Shelf Label (Esl) Market

Insufficient new directors

Second quarter 2023 earnings released: US$0.25 loss per share (vs US$0.048 loss in 2Q 2022)

CEVA, Inc. Provides Earnings Guidance for the Third Quarter of 2023

Insufficient new directors

CEVA, Inc. to Report Q2, 2023 Results on Aug 09, 2023

CEVA, Inc. Introduces Channel Sounding over Bluetooth® to Enable High-Accuracy Secure Positioning for Automotive, Industrial and the IoT Ecosystem

First quarter 2023 earnings released: US$0.21 loss per share (vs US$0.073 loss in 1Q 2022)

Insufficient new directors

Insufficient new directors

Full year 2022 earnings released: US$1.00 loss per share (vs US$0.017 profit in FY 2021)

Insufficient new directors

CEVA, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Insufficient new directors

CEVA, Inc. Announces Management Changes

Insufficient new directors

CEVA, Inc. Introduces Voice User Interface Solution for TI SimpleLink™ Wi-Fi® Wireless MCUs

CEVA, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Insufficient new directors

CEVA, Inc. to Report Q3, 2022 Results on Nov 09, 2022

CEVA, Inc. Accelerates 5G Infrastructure Rollout with Industry's First Baseband Platform IP for 5G RAN ASICs

CEVA, Inc. Announces Resignation of Eliyahu Ayalon as Member of the Board of Directors

Second quarter 2022 earnings released: US$0.048 loss per share (vs US$0.014 profit in 2Q 2021)

CEVA, Inc. to Report Q2, 2022 Results on Aug 10, 2022

Flex Logix Technologies, Inc. and Ceva Announce First Working Silicon of A Dsp with Embedded Fpga to Allow A Flexible/Changeable Isa

CEVA, Inc. Extends Its Rivierawaves UWB IP to Support Digital Key 3.0 Standard for Keyless Access to Vehicles

CEVA, Inc Expands Sensor Fusion Product Line with New Sensor Hub MCU for High Precision Motion Tracking and Orientation Detection

CEVA, Inc. Announces Bluetooth® 5.3 Platform IP Supports New Auracast™ Broadcast Audio, Transforming the Shared Audio Experience

CEVA, Inc. Appoints Current Director Maria Marced to Replace Eliyahu Ayalon on the Audit Committee of the Board

Chief Operating Officer recently sold US$79k worth of stock

Ceva, Inc. Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings released: US$0.073 loss per share (vs US$0.16 loss in 1Q 2021)