CEVA (NASDAQ:CEVA) vs. Eventbrite (NYSE:EB) Critical Comparison

CEVA (NASDAQ:CEVA) and Eventbrite (NYSE:EB) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, analyst recommendations, risk, valuation, dividends and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations for CEVA and Eventbrite, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CEVA	0	2	4	0	2.67
Eventbrite	0	2	4	0	2.67

CEVA currently has a consensus target price of $27.00, indicating a potential upside of 31.51%. Eventbrite has a consensus target price of $11.00, indicating a potential upside of 111.54%. Given Eventbrite’s higher probable upside, analysts clearly believe Eventbrite is more favorable than CEVA.

Profitability

This table compares CEVA and Eventbrite’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CEVA	-11.52%	-5.30%	-4.55%
Eventbrite	-8.12%	-14.87%	-2.83%

Risk & Volatility

CEVA has a beta of 1.14, meaning that its share price is 14% more volatile than the S&P 500. Comparatively, Eventbrite has a beta of 2.51, meaning that its share price is 151% more volatile than the S&P 500.

Insider & Institutional Ownership

85.4% of CEVA shares are owned by institutional investors. Comparatively, 91.6% of Eventbrite shares are owned by institutional investors. 2.9% of CEVA shares are owned by company insiders. Comparatively, 17.3% of Eventbrite shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares CEVA and Eventbrite’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CEVA	$97.42 million	4.97	-$11.88 million	($0.51)	-40.25
Eventbrite	$326.13 million	1.62	-$26.48 million	($0.27)	-19.26

CEVA has higher earnings, but lower revenue than Eventbrite. CEVA is trading at a lower price-to-earnings ratio than Eventbrite, indicating that it is currently the more affordable of the two stocks.

Summary

Eventbrite beats CEVA on 8 of the 11 factors compared between the two stocks.

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 products comprise RivieraWaves' Bluetooth 5dual mode and low energy platforms, RivieraWaves' Wi-Fi platforms, ultra-wide band platforms, and Cellular IoT and RedCap platforms, as well as sense and inference processors and platforms consist of NeuPro-M neural processing unit (NPU) family; SensPro2 sensor hub AI platforms addressing imaging, vision, powertrain, and applications, including DSP processors, AI accelerators, and a software portfolio; and Ceva-BX1 and Ceva-BX2 audio AI DSPs. Its sensing and audio software comprise RealSpace spatial audio software package; WhisPro speech recognition; ClearVox, a voice front-end software package for voice-enabled devices; and CDNN, a neural network graph compiler that enables AI developers to automatically compile, optimize, and run pre-trained networks onto embedded devices. The company's application software IP are licensed primarily to OEMs who embed it in their system on chip designs. It delivers AI DSPs and NPUs in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools, which facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. CEVA, Inc. was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. The company was incorporated in 1999 and is headquartered in Rockville, Maryland.

About Eventbrite

Eventbrite, Inc. operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, enhance reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.