Ceva (NASDAQ:CEVA) Given New $43.00 Price Target at Needham & Company LLC

Ceva (NASDAQ:CEVA) had its price objective dropped by investment analysts at Needham & Company LLC from $55.00 to $43.00 in a report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s price target suggests a potential upside of 34.71% from the company’s previous close.

Several other brokerages also recently weighed in on CEVA. Oppenheimer raised their price target on Ceva from $30.00 to $42.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Benchmark began coverage on shares of Ceva in a research report on Wednesday, July 15th. They issued a “hold” rating for the company. Stifel Nicolaus lifted their target price on shares of Ceva from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. JPMorgan Chase & Co. started coverage on shares of Ceva in a research report on Friday, May 8th. They set a “neutral” rating and a $30.00 target price on the stock. Finally, TD Cowen upped their price target on shares of Ceva from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $41.60.

Ceva Trading Down 17.5%

Shares of CEVA opened at $31.92 on Monday. The firm has a market cap of $889.29 million, a PE ratio of -70.93 and a beta of 1.99. Ceva has a 12 month low of $17.02 and a 12 month high of $51.60. The stock has a fifty day moving average price of $41.78 and a 200-day moving average price of $30.88.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC acquired a new stake in shares of Ceva during the 4th quarter worth approximately $777,000. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Ceva in the 4th quarter valued at $603,000. Aster Capital Management DIFC Ltd purchased a new stake in Ceva during the fourth quarter worth $497,000. Needham Investment Management LLC boosted its holdings in Ceva by 16.4% during the fourth quarter. Needham Investment Management LLC now owns 160,000 shares of the semiconductor company’s stock worth $3,443,000 after buying an additional 22,500 shares in the last quarter. Finally, Themes Management Co LLC acquired a new stake in Ceva during the fourth quarter valued at $939,000. Hedge funds and other institutional investors own 85.37% of the company’s stock.

Ceva News Summary

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

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.