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CEVA Inc

CEVA Inc

CEVA
$37.97USD↓-1.43%-0.55 today

MARKET CAP

1.1B

P/E (TTM)

94.9x

FWD P/E

53.1x

DAY RANGE

$36 – $39

52W RANGE

$17
$52

AI Summary

Stalk
TrimHigh

CEVA remains in a Stage 4 decline confirmed by active Bearish Pivot Point and a clear lower-high/lower-low sequence. The medium-term bias is firmly bearish as price trades below declining EMAs and the 50DMA. However, short-term extension into oversold territory counsels patience; execution should be deferred. We recommend trimming exposure on any relief rally up toward the 9/20 EMA cluster, using a rejection at that resistance zone as the selling opportunity. Key risks include deceptive bounce traps or choppy consolidation delaying the exit.

  • ↑Q1 2026 revenue of $27M, up 11% YoY, with licensing at $17.8M
  • ↑EPS of $0.04 doubled street estimates, marking strongest licensing quarter in 3 years
  • ↓Current price $51.11 close to 52-week high of $51.59 suggests stretched valuation
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

CEVA Inc. (NASDAQ: CEVA) specializes in advanced wireless connectivity and edge AI solutions, particularly focusing on facilitating the deployment of AI integrated systems in various commercial and consumer devices. CEVA has positioned itself at the forefront of the Physical AI and Edge AI sectors, representing a significant thematic shift toward more intelligent and interconnected devices across the technology landscape.

Bull says

  • ↑Q1 2026 revenue of $27M, up 11% YoY, with licensing at $17.8M
  • ↑EPS of $0.04 doubled street estimates, marking strongest licensing quarter in 3 years
  • ↑CEVA leads in Physical AI and Edge AI, driving future IP demand
  • ↑9 analysts rate 'Strong Buy'; UBS target raised to $48
  • ↑High liquidity and positive momentum factors support share trends
  • ↑Ongoing buyback program bolsters shareholder returns amid uncertainty

Bear says

  • ↓Current price $51.11 close to 52-week high of $51.59 suggests stretched valuation
  • ↓Negative earnings yield and book-to-price ratio of 0.02 signal overvaluation risks
  • ↓Profitability challenges with low margins may pressure future earnings if costs rise
  • ↓Elevated volatility indicates potential for sharp price swings
  • ↓High short interest and low institutional backing reflect investor skepticism
  • ↓Relying on AI licensing momentum risks correction if growth slows

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-13-2026neutral

Transcript signals

Bull points

  • Revenues for the first quarter increased 11% year-over-year to $27 million
  • Licensing and related revenue increased 18% year-over-year to $17.8 million, reflecting 66% of our total revenues.
  • we continue to view 2026 as a year of growth across multiple dimensions.

Bear points

  • Gap operating loss for the first quarter was $5.1 million as compared to gap operating loss of $4.4 million in the same quarter last year.
  • Gap net loss for the first quarter was $4.5 million and diluted loss per share was $0.16 as compared to net loss of $3.3 million and diluted loss per share of $0.14 for the first quarter of 2025.
  • 18 million units were for industrial IoT products, down from 34 million units in the first quarter last year.
Read full transcript analysis ›