CEVA, Inc. (CEVA)

NASDAQ: CEVA · IEX Real-Time Price · USD
19.76
+0.07 (0.36%)
Apr 25, 2024, 4:00 PM EDT - Market closed
0.36%
Market Cap 467.00M
Revenue (ttm) 97.42M
Net Income (ttm) -11.88M
Shares Out 23.63M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 63.17
Dividend n/a
Ex-Dividend Date n/a
Volume 89,228
Open 19.48
Previous Close 19.69
Day's Range 19.39 - 19.95
52-Week Range 16.38 - 27.65
Beta 1.16
Analysts Buy
Price Target 28.67 (+45.09%)
Earnings Date May 9, 2024

About CEVA

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... [Read more]

Industry Semiconductors
Sector Technology
IPO Date May 19, 2000
Employees 424
Stock Exchange NASDAQ
Ticker Symbol CEVA
Full Company Profile

Financial Performance

In 2023, CEVA, Inc.'s revenue was $97.42 million, a decrease of -19.21% compared to the previous year's $120.58 million. Losses were -$11.88 million, -48.76% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CEVA stock is "Buy." The 12-month stock price forecast is $28.67, which is an increase of 45.09% from the latest price.

Price Target
$28.67
(45.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ceva, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call

ROCKVILLE, Md. , April 17, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliabl...

9 days ago - PRNewsWire

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

- Ceva-Waves™ Links™ IP Family delivers fully integrated multi-protocol connectivity solutions with Wi-Fi, Bluetooth, UWB, Thread, Zigbee, and Matter, simplifying development and accelerating time to ...

18 days ago - PRNewsWire

GXO outbids CEVA Logistics in battle for UK's Wincanton

U.S.-based warehousing firm GXO Logistics on Thursday offered to buy UK peer Wincanton for about 762 million pounds ($965 million), topping an offer by CEVA Logistics.

2 months ago - Reuters

Ceva Joins Arm Total Design to Accelerate Development of End-to-End 5G SoCs for Infrastructure and NTN Satellites

Mutual customers benefit from integrated offerings combining Arm Neoverse Compute Subsystems with Ceva PentaG-RAN, lowering cost and time-to-market for developing 5G SoCs BARCELONA, Spain , Feb. 28, 2...

2 months ago - PRNewsWire

Ceva Introduces its 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

RivieraWaves® UWB IP for FiRa 2.0, with cutting-edge interference cancelation,  extends Ceva's market reach beyond automotive and mobile into high-volume UWB navigation, detection and remote control u...

2 months ago - PRNewsWire

Ceva, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

- Q4 – Total revenue of $24.2 million, in line with expectations, with GAAP loss per share of 34c and non-GAAP diluted EPS of 10c, exceeding expectations  - Q4 – Royalty revenue of $12.3 million, up 1...

2 months ago - PRNewsWire

SKAIChips License Ceva Bluetooth IP for Electronic Shelf Label IC

IC combines RivieraWaves Bluetooth 5.4 IP with SKAIChips inhouse RF/Power/Analog/AI expertise to achieve lowest power draw, critical for ESL tags and related industrial applications ROCKVILLE, Md. , F...

2 months ago - PRNewsWire

Ceva, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

ROCKVILLE, Md. , Jan. 22, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably...

3 months ago - PRNewsWire

Sunplus and Ceva Expand Collaboration to Bring Bluetooth Audio to the airlyra SoC Family for Wireless Speakers, Soundbars and other Wireless Audio Devices

LAS VEGAS , Jan. 10, 2024 /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and ...

3 months ago - PRNewsWire

Ceva and Actions Technology Commemorate Landmark Achievement, Surpassing 100 Million Ceva-Powered Wireless Audio and AIoT Processors Shipped

Companies' long-term collaboration for wireless, audio and voice technologies sees world's leading OEMs adopt Actions Technology' s high-quality, low-latency wireless audio SoCs for consumer devices, ...

3 months ago - PRNewsWire

Ceva and THX Ltd. Partner to Bring Premium Spatial Audio to Hearables, Consumer and Mobile Products

CEVA RealSpace® Tuned by THX™ to deliver expertly tuned spatial audio software for TWS earbuds, wireless headphones, smartphones, speakers and soundbars LAS VEGAS , Jan. 9, 2024 /PRNewswire/ -- CES 20...

3 months ago - PRNewsWire

Ceva Expands AI Ecosystem for its Class-Leading NPU IP with New Partnerships for Automotive and Edge AI

Visionary.ai neural network software ISP for enhanced camera applications and ENOT.ai neural network optimization tools and AI assistance now available for Ceva's NeuPro-M NPU LAS VEGAS , Jan. 8, 2024...

3 months ago - PRNewsWire

Ceva and India's No. 1 Audio and Wearable Brand, boAt, Announce Strategic Partnership to Enhance the Wireless Audio Experience

Companies collaborate to develop compelling and innovative wireless audio solutions for earbuds, neckbands, headphones, speakers and wearables leveraging Ceva's broad portfolio of audio, voice, connec...

3 months ago - PRNewsWire

Ceva Extends its Connect IP Portfolio with Wi-Fi 7 Platform for High-End Consumer and Industrial IoT

RivieraWavesTM Wi-Fi 7 IP platform for next generation of Wi-Fi Access Point and Station/Client products, offers full-featured, cost- and power-optimized solutions for integrating high-performance Wi-...

4 months ago - PRNewsWire

Ceva Wins Product of the Year Award at Prestigious EE Awards Asia Event

-  CEVA-XC22 DSP named Best IP/Processor of the Year-  Highly scalable architecture designed for 5G-Advanced mobile broadband, smartphones and cellular RAN equipment ROCKVILLE, Md. , Dec. 7, 2023 /PRN...

5 months ago - PRNewsWire

Ceva Launches New Brand Identity Reflecting its Focus on Smart Edge IP Innovation

Company sharpens its strategy of delivering silicon and software IP that makes it possible for low power Edge AI devices to connect, sense and infer data, reliably and efficiently, across multiple hig...

5 months ago - PRNewsWire

CEVA, Inc. to Participate at Upcoming Investor Events

ROCKVILLE, Md. , Nov. 14, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices, ...

5 months ago - PRNewsWire

CEVA, Inc. Announces Third Quarter 2023 Financial Results

-       Shipped 500 million CEVA-powered devices in the quarter, up 35% sequentially and up 40% year-over-year  -       GAAP and Non-GAAP gross margins reach 90% and 92%, respectively in the quarter, ...

6 months ago - PRNewsWire

CEVA, Inc. Announces Expansion of Existing Share Repurchase Program

ROCKVILLE, Md. , Nov. 8, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices to...

6 months ago - PRNewsWire

CEVA Joins Intel Foundry Services Accelerator IP Alliance Program to Empower Cutting-Edge SoCs

IFS Accelerator IP Alliance ensures support for mutual customers leveraging CEVA's industry leading wireless communications and sensing AI IP and IFS' advanced manufacturing capabilities to deliver le...

6 months ago - PRNewsWire

CEVA, Inc. to Host Investor Day on December 6, 2023

ROCKVILLE, Md. , Oct. 11, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices t...

7 months ago - PRNewsWire

CEVA, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call

ROCKVILLE, Md. , Oct. 11, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies which have powered more than 16 billion devices t...

7 months ago - PRNewsWire

Fnac Darty and CEVA Logistics sign agreement to create a joint venture dedicated to e-commerce logistics, SaaS Marketplace

Ivry-sur-Seine, France – October 4, 2023 Fnac Darty and CEVA Logistics sign agreement to create a joint venture dedicated to e-commerce logistics, SaaS Marketplace Fnac Darty and CEVA Logistics announ...

7 months ago - GlobeNewsWire

CEVA, Inc. Appoints Iri Trashanski as Chief Strategy Officer

Semiconductor industry veteran to lead CEVA's global strategy, corporate development and marketing to drive the company's next growth phase ROCKVILLE, Md. , Sept. 21, 2023 /PRNewswire/ -- CEVA, Inc. (...

7 months ago - PRNewsWire

Cadence to Acquire Intrinsix Corporation from CEVA

SAN JOSE, Calif. & ROCKVILLE, Md.--(BUSINESS WIRE)--Cadence and CEVA announced that they entered into a definitive agreement for Cadence to acquire Intrinsix Corporation.

7 months ago - Business Wire