
CEVA (CEVA) Stock Forecast & Price Target
CEVA (CEVA) Analyst Ratings
Bulls say
CEVA Inc. is positioned for growth due to an increase in licensing revenue from its AI-focused intellectual property, which is being integrated into network edge devices, enhancing its market appeal. The company has experienced a rebound in handset unit shipments and significant contributions from the latest iPhone model incorporating its technology, aiding in higher operational performance. Additionally, projections for FY2025 indicate a double-digit percentage increase in Non-GAAP net income and fully diluted Non-GAAP EPS, supported by a robust licensing momentum and accelerating royalty revenue, particularly in 5G and IoT sectors.
Bears say
CEVA Inc. has demonstrated a decline in non-GAAP earnings per share (EPS), dropping from $0.15 a year ago to $0.07, reflecting an ongoing downturn in profitability despite beating consensus estimates. Furthermore, the company has provided a third-quarter revenue guidance range of $26 million to $30 million, implying a potential shortfall compared to previous estimates and consensus expectations. The reported revenue for the second quarter of FY25 was $25.7 million, marking a 9.6% year-over-year decline, which raises concerns about the company's growth trajectory and overall market performance.
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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