CEVA has 36-month beta value of 1.25. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for CEVA is 22.81M, and currently, short sellers hold a 2.97% ratio of that float. The average trading volume of CEVA on January 09, 2025 was 196.66K shares.
CEVA) stock’s latest price update
Ceva Inc (NASDAQ: CEVA)’s stock price has dropped by -1.97 in relation to previous closing price of 33.05. Nevertheless, the company has seen a gain of 2.69% in its stock price over the last five trading days. prnewswire.com reported 2025-01-08 that Lonquan 560 SoCs leverage Ceva-SensPro Vision AI DSP to advance ADAS capabilities amidst China’s rapidly growing EV market and global shift towards more sustainable and intelligent transportation solutions LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — CES 2025 — 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 efficiently, today announced that Oritek Semiconductor, a provider of AI system-on-chip (SoC) solutions for intelligent automotive platforms, has licensed Ceva’s SensPro™ Vision AI DSP for its Longquan 560 series of Advanced Driver Assistance Systems (ADAS) chipsets. The Longquan 560 series represents Oritek’s commitment to innovation, catering to diverse intelligent automotive needs of Electric Vehicles (EV) such as AI-based headlights, camera monitoring systems (CMS), zone control units (ZCU), and integrated central computing units for driving and parking.
CEVA’s Market Performance
Ceva Inc (CEVA) has experienced a 2.69% rise in stock performance for the past week, with a 2.37% rise in the past month, and a 32.52% rise in the past quarter. The volatility ratio for the week is 3.71%, and the volatility levels for the past 30 days are at 3.84% for CEVA. The simple moving average for the last 20 days is 0.81% for CEVA’s stock, with a simple moving average of 37.91% for the last 200 days.
Analysts’ Opinion of CEVA
Many brokerage firms have already submitted their reports for CEVA stocks, with ROTH MKM repeating the rating for CEVA by listing it as a “Buy.” The predicted price for CEVA in the upcoming period, according to ROTH MKM is $25 based on the research report published on August 08, 2024 of the previous year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see CEVA reach a price target of $28, previously predicting the price at $25. The rating they have provided for CEVA stocks is “Outperform” according to the report published on February 15th, 2024.
ROTH MKM gave a rating of “Neutral” to CEVA, setting the target price at $20 in the report published on August 10th of the previous year.
CEVA Trading at 9.58% from the 50-Day Moving Average
After a stumble in the market that brought CEVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.26% of loss for the given period.
Volatility was left at 3.84%, however, over the last 30 days, the volatility rate increased by 3.71%, as shares surge +2.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.28% upper at present.
During the last 5 trading sessions, CEVA rose by +2.69%, which changed the moving average for the period of 200-days by +40.87% in comparison to the 20-day moving average, which settled at $32.14. In addition, Ceva Inc saw 2.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CEVA starting from SILVER LOUIS, who sale 3,934 shares at the price of $20.72 back on Jun 13 ’24. After this action, SILVER LOUIS now owns 40,576 shares of Ceva Inc, valued at $81,512 using the latest closing price.
SILVER LOUIS, the Director of Ceva Inc, sale 4,730 shares at $23.19 during a trade that took place back on Mar 15 ’24, which means that SILVER LOUIS is holding 40,576 shares at $109,689 based on the most recent closing price.
Stock Fundamentals for CEVA
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.88 for the gross margin
The net margin for Ceva Inc stands at -0.03. The total capital return value is set at -0.04. Equity return is now at value -5.80, with -5.04 for asset returns.
Currently, EBITDA for the company is -8.58 million with net debt to EBITDA at 1.25. When we switch over and look at the enterprise to sales, we see a ratio of 7.44. The receivables turnover for the company is 2.64for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.60.
Conclusion
To put it simply, Ceva Inc (CEVA) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
