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CEVA logo CEVA
Upturn stock rating
CEVA logo

CEVA Inc (CEVA)

Upturn stock rating
$29.48
Last Close (24-hour delay)
Profit since last BUY20.97%
upturn advisory
Consider higher Upturn Star rating
BUY since 22 days
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

10/15/2025: CEVA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $31.83

1 Year Target Price $31.83

Analysts Price Target For last 52 week
$31.83 Target price
52w Low $18.31
Current$29.48
52w High $38.94

Analysis of Past Performance

Type Stock
Historic Profit -10.38%
Avg. Invested days 33
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 679.69M USD
Price to earnings Ratio -
1Y Target Price 31.83
Price to earnings Ratio -
1Y Target Price 31.83
Volume (30-day avg) 6
Beta 1.29
52 Weeks Range 18.31 - 38.94
Updated Date 10/16/2025
52 Weeks Range 18.31 - 38.94
Updated Date 10/16/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.06

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -9.48%
Operating Margin (TTM) -17.46%

Management Effectiveness

Return on Assets (TTM) -2.37%
Return on Equity (TTM) -3.81%

Valuation

Trailing PE -
Forward PE 47.39
Enterprise Value 514847336
Price to Sales(TTM) 6.39
Enterprise Value 514847336
Price to Sales(TTM) 6.39
Enterprise Value to Revenue 4.84
Enterprise Value to EBITDA -39.43
Shares Outstanding 23882243
Shares Floating 21096379
Shares Outstanding 23882243
Shares Floating 21096379
Percent Insiders 3.8
Percent Institutions 96.85

ai summary icon Upturn AI SWOT

CEVA Inc

stock logo

Company Overview

overview logo History and Background

CEVA, Inc., formerly known as DSP Group, Inc., was founded in 1999 and is headquartered in Rockville, Maryland. Initially focused on digital signal processors (DSPs), it evolved into a licensor of wireless connectivity and smart sensing technologies. The company has expanded its portfolio through strategic acquisitions and organic growth, adapting to the changing landscape of mobile, IoT, and automotive markets.

business area logo Core Business Areas

  • Connectivity: Licensing of IP for Bluetooth, Wi-Fi, and other connectivity technologies for a wide range of applications including IoT, consumer electronics, and automotive.
  • Sensing: Licensing of IP for computer vision, AI, and audio processing for applications like surveillance, robotics, and automotive.

leadership logo Leadership and Structure

Gideon Wertheizer serves as the CEO. The company has a hierarchical organizational structure with functional departments like Engineering, Sales, Marketing, and Finance. The Board of Directors provides oversight and strategic guidance.

Top Products and Market Share

overview logo Key Offerings

  • Bluetooth IP: CEVA offers a complete range of Bluetooth IP solutions, including Bluetooth Low Energy (BLE) and Bluetooth Classic. Market share is estimated to be around 25-30% in the Bluetooth IP licensing market. Competitors include Synopsys and Arm.
  • Wi-Fi IP: CEVA's Wi-Fi IP solutions cover various standards, including Wi-Fi 6 and Wi-Fi 7. Market share is approximately 15-20% in the Wi-Fi IP licensing market. Competitors are Synopsys and Arm.
  • NeuPro-S: A dedicated AI processor architecture for edge AI applications. Competitors are Cadence and ARM
  • MotionEngine: Complete sensing platform for high accuracy wearable and hearable devices. Competitors are Qualcomm and Apple.

Market Dynamics

industry overview logo Industry Overview

The semiconductor IP licensing market is growing, driven by the increasing complexity of chip designs and the demand for specialized solutions. Key trends include the rise of AI, IoT, and automotive applications, requiring advanced connectivity and processing capabilities.

Positioning

CEVA is a leading provider of wireless connectivity and smart sensing IP. Its competitive advantages include its broad portfolio, its focus on low-power designs, and its strong customer relationships.

Total Addressable Market (TAM)

The total addressable market for semiconductor IP is estimated to be over $7 billion. CEVA is well-positioned to capture a significant portion of this market with its diverse IP portfolio and strong partnerships.

Upturn SWOT Analysis

Strengths

  • Broad IP portfolio
  • Strong expertise in wireless connectivity and smart sensing
  • Established customer base
  • Low-power design capabilities

Weaknesses

  • Dependence on the semiconductor industry cycle
  • Exposure to competition from larger IP vendors
  • Reliance on a limited number of key customers

Opportunities

  • Growth in IoT and automotive markets
  • Increasing demand for AI-enabled devices
  • Expansion into new geographic markets
  • Strategic acquisitions to expand IP portfolio

Threats

  • Economic downturns
  • Technological obsolescence
  • Increased competition
  • Geopolitical risks

Competitors and Market Share

competitor logo Key Competitors

  • ARM
  • SNPS
  • CDNS

Competitive Landscape

CEVA competes with larger IP vendors like ARM and Synopsys. CEVA's advantages include its expertise in low-power designs and its strong customer relationships. However, its smaller size and limited resources can be a disadvantage.

Major Acquisitions

Intrinsix

  • Year: 2021
  • Acquisition Price (USD millions): 33
  • Strategic Rationale: To enhance its design services offering and expand its customer base.

Growth Trajectory and Initiatives

Historical Growth: CEVA has experienced revenue growth in recent years, driven by the increasing demand for its IP in wireless connectivity and smart sensing applications.

Future Projections: Analyst estimates project continued growth for CEVA, driven by the growth in IoT, automotive, and AI markets.

Recent Initiatives: Recent strategic initiatives include the launch of new IP products, expansion into new markets, and strategic partnerships.

Summary

CEVA is a strong player in the semiconductor IP licensing market, particularly in wireless connectivity and smart sensing. Their broad IP portfolio and focus on low-power designs provide a competitive edge. The company's success is tied to the growth of IoT, automotive, and AI markets. CEVA must be aware of competition from larger companies, as well as technological obsolescence.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • CEVA Inc. Investor Relations
  • Industry Reports
  • Analyst Estimates
  • Company Press Releases

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share data is based on estimates and may vary. Past performance is not indicative of future results.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About CEVA Inc

Exchange NASDAQ
Headquaters Rockville, MD, United States
IPO Launch date 2000-05-19
CEO & Director Mr. Amir Panush
Sector Technology
Industry Semiconductors
Full time employees 404
Full time employees 404

CEVA, Inc. provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and internationally. The company offers PentaG2, a 5G/5G-A baseband platform; PentaG-RAN, a hardware and software IP for implementing L1 PHY baseband processing in 5G and 5G-A base station and other cellular infrastructure system-on-chips (SoCs); Ceva-XC20 communication vector digital signal processors (DSP) for 5G-A handsets, 5G-A RAN, and general purpose baseband processing; Ceva-BX2 baseband processor; Ceva-Waves Bluetooth platform, a set of hardware IP, software modules, and radios addressing a range of processes and nodes; Ceva-Waves Wi-Fi platform, a set of hardware IP and CPU-agnostic host software for energy-efficient SoC implementation of Wi-Fi subsystems; Ceva-Waves ultra-wideband platform; Ceva-Waves Links, which provide solutions for SoCs requiring multiple connectivity standards; and Ceva-Waves DragonFly, a turnkey platform for implementing NB-IoT cellular modem SoCs. It also provides Ceva-SensPro, a family of DSP cores; Ceva-BX1 audio digital signal controller IP; Ceva-ClearVox ENC software, a neural-network-based noise cancellation; Ceva-RealSpace, a spatial audio and head tracking software solution; and Ceva-MotionEngine, a sensor fusion software. In addition, it offers Ceva-NeuPro-M, a neural processing unit (NPU) IP for generative AI; a Ceva-NeuPro-Nano, an NPU IP for embedded AI; and Ceva-NeuPro Studio, a software development environment for the development and deployment of AI models on the Ceva-NeuPro NPUs. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. The company was incorporated in 1999 and is headquartered in Rockville, Maryland.