CEVA Stock Overview

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

CEVA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 28.9% below our estimate of its fair value

Earnings are forecast to grow 100.47% per year

Risk Analysis

No risks detected for CEVA from our risk checks.

My Notes

Capture your thoughts, links and company narrative

CEVA, Inc. Competitors

Alpha and Omega Semiconductor

NasdaqGS:AOSL

US$1.3b

Penguin Solutions

NasdaqGS:PENG

US$1.1b

Canadian Solar

NasdaqGS:CSIQ

US$660.3m

Wolfspeed

NYSE:WOLF

US$902.3m

Price History & Performance

Summary of share price highs, lows and changes for CEVA
Historical stock prices
Current Share Price	US$34.13
52 Week High	US$34.71
52 Week Low	US$16.02
Beta	1.25
1 Month Change	3.27%
3 Month Change	20.73%
1 Year Change	65.52%
3 Year Change	-7.83%
5 Year Change	12.60%
Change since IPO	547.63%

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

Dec 04

CEVA: What Could Be Driving The Improvement In Recent Results

Nov 13

Recent updates

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

Apr 17

CEVA, Inc.: Uncertainty Remains Despite A Bullish Financial Model

Feb 21

Some Analysts Just Cut Their CEVA, Inc. (NASDAQ:CEVA) Estimates

Nov 10

News Flash: 6 Analysts Think CEVA, Inc. (NASDAQ:CEVA) Earnings Are Under Threat

Aug 14

Estimating The Intrinsic Value Of CEVA, Inc. (NASDAQ:CEVA)

Jun 22

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

May 27

At US$27.59, Is CEVA, Inc. (NASDAQ:CEVA) Worth Looking At Closely?

Jan 10

Calculating The Fair Value Of CEVA, Inc. (NASDAQ:CEVA)

Dec 21

Be Wary Of CEVA (NASDAQ:CEVA) And Its Returns On Capital

Oct 12

Is There Now An Opportunity In CEVA, Inc. (NASDAQ:CEVA)?

Sep 02

CEVA Is Once Again At A Crossroads

Aug 22

CEVA Q2 2022 Earnings Preview

Aug 08

CEVA Could Still Go Either Way

May 31

Returns On Capital Signal Tricky Times Ahead For CEVA (NASDAQ:CEVA)

May 27

Is CEVA, Inc. (NASDAQ:CEVA) Trading At A 30% Discount?

May 05

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

Apr 06

Shareholder Returns

	CEVA	US Semiconductor	US Market
7D	6.2%	3.7%	0.6%
1Y	65.5%	43.4%	22.4%

Return vs Industry: CEVA exceeded the US Semiconductor industry which returned 43.4% over the past year.

Return vs Market: CEVA exceeded the US Market which returned 22.4% over the past year.

Price Volatility

Is CEVA's price volatile compared to industry and market?
CEVA volatility
CEVA Average Weekly Movement	7.2%
Semiconductor Industry Average Movement	7.5%
Market Average Movement	6.4%
10% most volatile stocks in US Market	18.8%
10% least volatile stocks in US Market	3.2%

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 (7%) has been stable over the past year.

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?
CEVA fundamental statistics
Market cap	US$809.22m
Earnings (TTM)	-US$15.15m
Revenue (TTM)	US$101.88m

7.9x

P/S Ratio

-53.2x

P/E Ratio

Is CEVA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CEVA 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

Feb 13, 2025

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

How did CEVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/06 23:57
End of Day Share Price	2025/02/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 21 analysts. 5 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
Joseph Wolf	Barclays
Tavy Rosner	Barclays
Gary Mobley	Benchmark Company

CEVA Stock Overview

Rewards

Risk Analysis

CEVA, Inc. Competitors

NasdaqGS:AOSL

US$1.3b

NasdaqGS:PENG

US$1.1b

NasdaqGS:CSIQ

US$660.3m

NYSE:WOLF

US$902.3m

Price History & Performance

Recent News & Updates

CEVA, Inc. Announces Appointment of Amir Faintuch to Its Board of Directors as Independent Director and Member of the Strategic Committee

CEVA, Inc. to Report Q4, 2024 Results on Feb 13, 2025

Ceva Unveils Ceva-Waves Links200 - A Breakthrough Multi-Protocol Wireless Connectivity Platform IP Featuring Next generation Bluetooth High Data Throughput (HDT) and IEEE 802.15.4

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

CEVA: What Could Be Driving The Improvement In Recent Results

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Recent updates

CEVA, Inc. Announces Appointment of Amir Faintuch to Its Board of Directors as Independent Director and Member of the Strategic Committee

CEVA, Inc. to Report Q4, 2024 Results on Feb 13, 2025

Ceva Unveils Ceva-Waves Links200 - A Breakthrough Multi-Protocol Wireless Connectivity Platform IP Featuring Next generation Bluetooth High Data Throughput (HDT) and IEEE 802.15.4

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

CEVA: What Could Be Driving The Improvement In Recent Results

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.1% to US$29.00

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

Now 22% overvalued after recent price rise

Now 21% undervalued after recent price drop

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

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

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

Independent Director notifies of intention to sell stock

CEVA: Sticking With The Prior Outlook Despite Being Behind Schedule

Now 22% 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 20% overvalued after recent price rise

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

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

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

Independent Director notifies of intention to sell stock

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

Director notifies of intention to sell stock

Consensus EPS estimates fall by 14%, revenue upgraded

CEVA, Inc.: Uncertainty Remains Despite A Bullish Financial Model

Consensus EPS estimates fall by 14%, revenue upgraded

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

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

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

Some Analysts Just Cut Their CEVA, Inc. (NASDAQ:CEVA) Estimates

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.0% to US$24.57

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.

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

Consensus revenue estimates fall by 14%

News Flash: 6 Analysts Think CEVA, Inc. (NASDAQ:CEVA) Earnings Are Under Threat

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

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

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

Estimating The Intrinsic Value Of CEVA, Inc. (NASDAQ:CEVA)

Independent Director notifies of intention to sell stock

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

Consensus EPS estimates fall by 158%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director notifies of intention to sell stock

Chief Operating Officer notifies of intention to sell stock

Full year 2022 earnings: EPS misses analyst expectations

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

At US$27.59, Is CEVA, Inc. (NASDAQ:CEVA) Worth Looking At Closely?

Calculating The Fair Value Of CEVA, Inc. (NASDAQ:CEVA)

CEVA, Inc. Announces Management Changes

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