Ceva (CEVA) Receives a Rating Update from a Top Analyst

In a report released today, Kevin Cassidy from Rosenblatt Securities maintained a Buy rating on Ceva (CEVAResearch Report), with a price target of $45.00. The company’s shares opened today at $25.67.

According to TipRanks, Cassidy is a top 100 analyst with an average return of 20.4% and a 63.73% success rate. Cassidy covers the Technology sector, focusing on stocks such as Qualcomm, Navitas Semiconductor, and ON Semiconductor.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ceva with a $41.00 average price target.

See the top stocks recommended by analysts >>

CEVA market cap is currently $680.9M and has a P/E ratio of 794.31.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CEVA, Inc. engages in the licensing of signal processing platforms and artificial intelligence processors to chip manufacturers. It operates through the following geographical segments: United States, Europe and Middle East, and Asia Pacific. Its portfolio include platforms for 5G baseband processing for handsets and radio access network; offerings for cellular internet of things; front-end voice and speech recognition software and algorithms with digital signal processing for voice enabled devices and AI assistants; imaging and computer vision for any camera-enabled device; and a self-contained AI processors. The company was founded on November 22, 1999 and is headquartered in Mountain View, CA.

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More