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Ceva-Waves UWB baseband and software combine with LG Electronics' UWB RF on TSMC 22nm, with a major U.S. semiconductor customer already adopting the solution ROCKVILLE, Md. and SEOUL, South Korea, Sept.
Ceva has fallen nearly 19% in a month despite Q2 beats and solid growth, but its premium valuation suggests investors may want to wait before buying.
BlackRock Inc. acquired a new stake in Ceva, Inc. (NASDAQ: CEVA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,417,205 shares of the semiconductor company's stock, valued at approximately $113,995,000. BlackRock Inc. owned approximately 8.68% of Ceva as
Ceva (CEVA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Ceva ( CEVA ) is a small-cap provider of semiconductor IP solutions for embedded intelligence in "edge" compute (off-cloud) like consumer electronics, self-driving cars, robots, and other autonomous machines for industry. I was introduced to CEVA in May and took a position where we traded it for a 35% gain from $34 to $46.
CEVA, Inc. shows accelerating revenue growth, with Q2 revenues up 12.8% year-over-year and 2026 guidance of 13–15%. Licensing revenues rose 21%, signaling potential future royalty growth as device shipments increased 18%, though product mix may pressure margins. EPS declined due to a 17% increase in outstanding shares, raising dilution concerns despite rising non-GAAP net income.
Ceva, Inc. (NASDAQ: CEVA - Get Free Report) fell 5.4% during trading on Tuesday after TD Cowen lowered their price target on the stock from $55.00 to $45.00. TD Cowen currently has a buy rating on the stock. Ceva traded as low as $30.51 and last traded at $30.2060. Approximately 394,692 shares traded hands during trading,
Ceva Inc (NASDAQ:CEVA) on Monday posted better-than-expected earnings for the second quarter.