
CEVA (CEVA) Stock Forecast & Price Target
CEVA (CEVA) Analyst Ratings
Bulls say
CEVA Inc. is positioned for sustained growth, bolstered by a combination of increased licensing from AI processor technology and a rebound in handset unit shipments, particularly with integrations into new iPhone models. The company reported a sequential increase in royalty revenue of 16%, which accounted for 41% of total revenue, driven by a rise in units shipped, notably in Wi-Fi 6 and cellular IoT, indicating strong demand for its signal-processing intellectual property. Looking ahead, CEVA management projects a double-digit percentage increase in Non-GAAP net income and fully diluted Non-GAAP EPS for FY2025, underpinned by robust licensing momentum and accelerating royalty growth.
Bears say
CEVA Inc. reported a significant decline in non-GAAP EPS, decreasing to $0.07 from $0.15 year-over-year, indicating weakened profitability despite a performance that was above consensus estimates. The company's revenue for 2QFY25 totaled $25.7 million, marking a 9.6% year-over-year reduction, with non-GAAP licensing and related revenue declining by 13% year-over-year to $15 million, which reflects a loss of momentum in key revenue streams. This combination of declining earnings and revenue suggests ongoing challenges in maintaining growth and profitability, raising concerns about CEVA's future financial performance and stock prospects.
This aggregate rating is based on analysts' research of CEVA and is not a guaranteed prediction by Public.com or investment advice.
CEVA (CEVA) Analyst Forecast & Price Prediction
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