Ceva (NASDAQ:CEVA) Given New $49.00 Price Target at Rosenblatt Securities

Ceva (NASDAQ:CEVA) had its price objective raised by investment analysts at Rosenblatt Securities from $45.00 to $49.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. Rosenblatt Securities’ target price indicates a potential upside of 53.51% from the company’s current price.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. started coverage on Ceva in a report on Friday, May 8th. They issued a “neutral” rating and a $30.00 price objective for the company. Stifel Nicolaus raised their price objective on Ceva from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Oppenheimer upped their target price on Ceva from $30.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Needham & Company LLC dropped their price target on shares of Ceva from $55.00 to $43.00 and set a “buy” rating on the stock in a research report on Monday. Finally, Roth Capital reissued a “buy” rating and set a $40.00 target price on shares of Ceva in a research note on Monday, May 11th. Nine equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $42.00.

Ceva Trading Down 17.5%

NASDAQ:CEVA opened at $31.92 on Tuesday. The stock’s 50-day moving average is $41.78 and its 200-day moving average is $30.88. Ceva has a 1-year low of $17.02 and a 1-year high of $51.60. The stock has a market cap of $889.29 million, a P/E ratio of -70.93 and a beta of 1.99.

Ceva (NASDAQ:CEVA) last issued its quarterly earnings data on Monday, August 10th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Ceva had a negative net margin of 10.47% and a negative return on equity of 3.42%. The business had revenue of $29.03 million during the quarter, compared to analyst estimates of $28.19 million. During the same quarter last year, the business earned $0.07 EPS. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. As a group, equities analysts forecast that Ceva will post -0.21 EPS for the current year.

Institutional Trading of Ceva

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CEVA. Global Retirement Partners LLC bought a new position in Ceva in the second quarter worth approximately $49,000. Hantz Financial Services Inc. grew its position in Ceva by 77.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,446 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 632 shares during the period. Russell Investments Group Ltd. increased its stake in Ceva by 771.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,380 shares of the semiconductor company’s stock valued at $63,000 after purchasing an additional 2,107 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Ceva by 422.2% in the second quarter. Tower Research Capital LLC TRC now owns 2,731 shares of the semiconductor company’s stock valued at $60,000 after buying an additional 2,208 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Ceva by 47.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,758 shares of the semiconductor company’s stock worth $145,000 after acquiring an additional 2,172 shares in the last quarter. 85.37% of the stock is owned by institutional investors.

Ceva News Roundup

Here are the key news stories impacting Ceva this week:

• Positive Sentiment: Quarterly results exceeded estimates: Ceva reported second-quarter EPS of $0.08 versus the $0.07 consensus estimate, while revenue reached $29.03 million, above expectations of $28.19 million. Revenue increased 13% year over year to its highest level in three years for licensing and related revenue, supported by demand for artificial intelligence and connectivity products. Ceva Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Insider buying provides a modest confidence signal: Executives, including CEO Amir Panush and CFO Yaniv Arieli, purchased shares in the past six months, with no reported insider sales. Institutional activity was mixed, although State Street and BlackRock increased their holdings in the latest reported quarter. Ceva Trading and Institutional Activity
• Neutral Sentiment: Analyst targets remain above the current trading range: Six analysts recently published targets with a median of $45, ranging from $36 to $55. However, these targets may not reflect updated post-earnings guidance or changing market expectations.
• Negative Sentiment: Profitability remains a concern: Despite the EPS beat, Ceva posted a negative net margin of 10.47% and negative return on equity of 3.42%. Analysts collectively expect a full-year loss of approximately $0.21 per share, which may be weighing on the stock despite stronger revenue growth. Ceva Shares Slip Despite Earnings Beat

Ceva Company Profile

Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices. The company designs a broad portfolio of digital signal processing (DSP) and AI processors, software development toolkits and reference frameworks for applications ranging from 5G wireless communications and Bluetooth connectivity to audio, computer vision, sensor fusion and edge AI. Its solutions target a variety of end markets including smartphones, automotive, IoT devices, smart home, industrial automation and wearable electronics.

Founded in 1999 as a spin-off from DSP Group, Ceva has built its reputation on delivering modular, power-efficient IP that can be customized to meet stringent performance, area and power requirements.