CEVA Future Growth

Future criteria checks 4/6

CEVA is forecast to grow earnings and revenue by 100.5% and 9.3% per annum respectively. EPS is expected to grow by 99.7% per annum. Return on equity is forecast to be -1.2% in 3 years.

Key information

100.5%

Earnings growth rate

99.7%

EPS growth rate

Semiconductor earnings growth	27.0%
Revenue growth rate	9.3%
Future return on equity	-1.2%
Analyst coverage	Low
Last updated	23 Dec 2024

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

NasdaqGS:CEVA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	126	2	14	N/A	3
12/31/2025	115	-2	9	15	5
12/31/2024	105	-8	5	-2	5
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	0	11	N/A
12/31/2019	87	0	-1	10	N/A
9/30/2019	80	-1	-4	9	N/A
6/30/2019	78	1	3	6	N/A
3/31/2019	77	0	7	11	N/A
12/31/2018	78	1	3	9	N/A
9/30/2018	78	1	5	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
6/30/2015	55	-1	N/A	10	N/A
3/31/2015	51	-2	N/A	4	N/A
12/31/2014	51	-1	N/A	9	N/A
9/30/2014	51	4	N/A	17	N/A
6/30/2014	47	3	N/A	14	N/A
3/31/2014	50	7	N/A	18	N/A
12/31/2013	49	7	N/A	14	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 (2.6%).

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 (9.3% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: CEVA's revenue (9.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CEVA is forecast to be unprofitable in 3 years.

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 05:38
End of Day Share Price	2024/12/24 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 here.

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 .

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 Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 9.1% to US$29.00

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

Consensus EPS estimates fall by 14%, revenue upgraded

Consensus EPS estimates fall by 14%, revenue upgraded

Price target decreased by 8.0% to US$24.57

Consensus revenue estimates fall by 14%

Recent updates

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

Consensus EPS estimates fall by 558%

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

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

Insufficient new directors

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

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

Insider notifies of intention to sell stock

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

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

CEVA Is Once Again At A Crossroads

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

Consensus EPS estimates fall by 106%