CEVA Inc (CEVA)

• Market cap: $807M
• 1 day: 0.18%
• 5 days: 6.50%
• 1 month: 7.61%
• 3 months: 43.38%
• 6 months: 66.21%
• Year to date: 7.34%
• 1 year: 62.51%
• 5 years: 16.94%
• 10 years: 92.58%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: CEVA Inc is a licensor of signal-processing intellectual property. Through partnerships with semiconductor companies and original equipment manufacturers globally, the company helps produce devices for a range of end markets. OEMs and semiconductor companies choose to sell products with CEVA equipment to wireless, consumer, automotive, and Internet of Things companies. Revenue is derived primarily from licensing fees and related revenue, and royalties generated from the shipments of products utilizing its intellectual properties. CEVA also engages in the training and sale of development systems.

Employees: 424

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

123% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 13

25% more capital invested

Capital invested by funds: $401M [Q2] → $502M (+$101M) [Q3]

22% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 46

10% more funds holding

Funds holding: 144 [Q2] → 158 (+14) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

0.47% less ownership

Funds ownership: 88.17% [Q2] → 87.7% (-0.47%) [Q3]

56% less call options, than puts

Call options by funds: $190K | Put options by funds: $435K

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 2% upside
• Avg. target: $37 7% upside
• High target: $40 17% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Northland Capital Markets Gus Richard 59% 1-year accuracy 19 / 32 met price target	2% upside $35	Outperform Maintained	23 Dec 2024
Rosenblatt Kevin Cassidy 65% 1-year accuracy 35 / 54 met price target	2% upside $35	Buy Maintained	8 Nov 2024
Roth MKM Suji Desilva 60% 1-year accuracy 26 / 43 met price target	17% upside $40	Buy Maintained	8 Nov 2024