Oppenheimer Lowers Ceva (NASDAQ:CEVA) Price Target to $38.00

Ceva (NASDAQ:CEVA) had its price target reduced by stock analysts at Oppenheimer from $42.00 to $38.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the semiconductor company’s stock. Oppenheimer’s price objective suggests a potential upside of 23.11% from the stock’s previous close.

CEVA has been the topic of a number of other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Ceva in a research report on Monday, July 6th. Rosenblatt Securities boosted their target price on Ceva from $45.00 to $49.00 and gave the company a “buy” rating in a research report on Tuesday. UBS Group upped their price target on Ceva from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. TD Cowen increased their price target on Ceva from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Stifel Nicolaus raised their price objective on Ceva from $42.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $41.60.

Ceva Stock Down 3.3%

Ceva stock opened at $30.87 on Tuesday. Ceva has a 12-month low of $17.02 and a 12-month high of $51.60. The firm’s fifty day moving average is $41.78 and its 200 day moving average is $30.88. The company has a market capitalization of $859.93 million, a PE ratio of -69.51 and a beta of 1.99.

Ceva (NASDAQ:CEVA) last issued its earnings results on Monday, August 10th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The business had revenue of $29.03 million for the quarter, compared to analyst estimates of $28.19 million. Ceva had a negative net margin of 10.47% and a negative return on equity of 3.42%. Ceva’s revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 earnings per share. Sell-side analysts expect that Ceva will post -0.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. American Century Companies Inc. grew its holdings in Ceva by 3.1% during the second quarter. American Century Companies Inc. now owns 53,354 shares of the semiconductor company’s stock worth $1,173,000 after buying an additional 1,619 shares in the last quarter. Norges Bank purchased a new stake in Ceva in the 2nd quarter valued at $495,000. Invesco Ltd. lifted its stake in Ceva by 8.5% during the 2nd quarter. Invesco Ltd. now owns 161,116 shares of the semiconductor company’s stock valued at $3,541,000 after acquiring an additional 12,657 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in Ceva by 243.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 93,103 shares of the semiconductor company’s stock valued at $2,046,000 after acquiring an additional 66,032 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in Ceva by 835.6% during the 2nd quarter. Squarepoint Ops LLC now owns 86,150 shares of the semiconductor company’s stock worth $1,894,000 after acquiring an additional 76,942 shares during the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.

Trending Headlines about Ceva

Here are the key news stories impacting Ceva this week:

• Positive Sentiment: Ceva reported second-quarter adjusted earnings of $0.08 per share, above the $0.07 consensus estimate, while revenue of $29.03 million exceeded expectations of $28.19 million. Revenue increased 13% year over year, and licensing and related revenue reached the company’s highest level in three years, supported by demand for artificial intelligence and connectivity products. Ceva Second-Quarter 2026 Financial Results
• Positive Sentiment: Rosenblatt Securities raised its price target for CEVA to $49 from $45 and maintained a “buy” rating, implying substantial upside from the current trading level. Benzinga analyst action
• Positive Sentiment: Needham lowered its price target to $43 from $55 but retained a “buy” rating, indicating that the firm still expects meaningful appreciation despite the more cautious valuation. Tickerreport analyst action
• Neutral Sentiment: Recent insider activity was uniformly positive, with the CEO, CFO and another insider purchasing shares. Institutional positioning was mixed, however, with large additions from State Street and BlackRock offset by reductions from several other investment firms.
• Negative Sentiment: Despite the earnings and revenue beats, reports said Ceva’s shares slipped after the release, suggesting investors may have been looking for stronger guidance, growth details or evidence that the company can move toward sustained profitability. Ceva continues to report a negative net margin and negative return on equity. Ceva shares slip despite earnings beat

About Ceva

Ceva, Inc (NASDAQ: CEVA) is a leading licensor of signal processing IP cores and platforms that enable intelligent, connected devices. The company designs a broad portfolio of digital signal processing (DSP) and AI processors, software development toolkits and reference frameworks for applications ranging from 5G wireless communications and Bluetooth connectivity to audio, computer vision, sensor fusion and edge AI. Its solutions target a variety of end markets including smartphones, automotive, IoT devices, smart home, industrial automation and wearable electronics.

Founded in 1999 as a spin-off from DSP Group, Ceva has built its reputation on delivering modular, power-efficient IP that can be customized to meet stringent performance, area and power requirements.