Ceva (NASDAQ:CEVA) Now Covered by Analysts at Stifel Nicolaus

Stifel Nicolaus assumed coverage on shares of Ceva (NASDAQ:CEVA) in a report issued on Tuesday morning, MarketBeat reports. The brokerage issued a buy rating and a $30.00 target price on the semiconductor company’s stock.

A number of other research firms have also recently commented on CEVA. Loop Capital initiated coverage on Ceva in a research note on Monday, December 1st. They issued a “buy” rating and a $28.00 price target for the company. Rosenblatt Securities reiterated a “buy” rating and set a $40.00 price objective on shares of Ceva in a research note on Tuesday, November 11th. Barclays boosted their target price on shares of Ceva from $30.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, November 12th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ceva in a research report on Friday, January 9th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ceva presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.20.

Ceva Trading Up 0.7%

Shares of CEVA stock opened at $23.10 on Tuesday. The company has a 50 day simple moving average of $22.24 and a two-hundred day simple moving average of $23.71. The stock has a market cap of $554.86 million, a P/E ratio of -50.22 and a beta of 1.50. Ceva has a 12 month low of $18.23 and a 12 month high of $38.94.

Ceva (NASDAQ:CEVA) last released its quarterly earnings data on Monday, November 10th. The semiconductor company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Ceva had a negative return on equity of 3.54% and a negative net margin of 10.49%.The firm had revenue of $28.38 million during the quarter, compared to analyst estimates of $28.04 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts forecast that Ceva will post -0.12 earnings per share for the current year.

Institutional Investors Weigh In On Ceva

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. D.A. Davidson & CO. lifted its stake in shares of Ceva by 4.2% during the second quarter. D.A. Davidson & CO. now owns 66,101 shares of the semiconductor company’s stock valued at $1,453,000 after buying an additional 2,664 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Ceva during the 2nd quarter worth $42,000. AlphaQuest LLC lifted its stake in shares of Ceva by 123.6% during the 2nd quarter. AlphaQuest LLC now owns 2,451 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 1,355 shares during the period. Acadian Asset Management LLC boosted its holdings in shares of Ceva by 24.0% during the second quarter. Acadian Asset Management LLC now owns 653,013 shares of the semiconductor company’s stock worth $14,346,000 after purchasing an additional 126,267 shares during the last quarter. Finally, ProShare Advisors LLC grew its position in shares of Ceva by 5.1% in the second quarter. ProShare Advisors LLC now owns 9,853 shares of the semiconductor company’s stock valued at $217,000 after purchasing an additional 479 shares during the period. Hedge funds and other institutional investors own 85.37% of the company’s stock.

Key Stories Impacting Ceva

Here are the key news stories impacting Ceva this week:

• Positive Sentiment: Stifel Nicolaus initiated coverage with a “Buy” rating and a $30 price target (~30% upside vs. current price), providing fresh analyst support that can drive buying interest. Article Title
• Positive Sentiment: Product/customer win: Ceva’s Wi‑Fi 6 and Bluetooth IPs are being used by Renesas in its new combo MCUs for IoT and connected‑home devices — a design win that supports recurring IP license/royalty revenue and validates Ceva’s connectivity roadmap. Article Title Article Title
• Neutral Sentiment: Leadership and regional moves: Ceva announced strategic leadership changes for Asia‑Pacific/China and moved its Asia‑Pacific headquarters to Shanghai — operationally relevant for regional execution but neutral until impact on growth or margins is clearer. Article Title Article Title
• Neutral Sentiment: Short interest data appears noisy/insignificant (reported as 0 shares with an erroneous “NaN” change); there is no clear evidence of a new short squeeze risk or large uptick in bearish positioning based on the provided figures. (Data anomaly — monitor future filings for clarity.)

About Ceva

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.