Reading CEVA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CEVA free→Reading CEVA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CEVA free→NASDAQInformation TechnologySemiconductorsSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak. Earnings quality cannot be assessed since the company was unprofitable over the past year. Management's recent track record has been steady, and it has made capital-friendly moves. Risk is high, and compared with sector peers, CEVA is below typical. Peer multiples imply a price about 248% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified. This assessment is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 3 valuation methods, at three horizons. Current price $45.80. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $48 CEVA trades at 12× p/s, in line with its 12× p/s peer median. Our $14 fair value reflects that, low confidence. Analysts: $30–$55. Not investment advice.
(median $42.00) · 7 analysts · as of 2026-06-15
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 251% near-term growth, well above our forecast of about -9%. This describes what's priced in, not a forecast of the move.
Flags: expensive valuation, a turbulent sector regime (Heating).
For similar setups historically (n=2,301): about 43% saw a 20%+ drawdown, and roughly 77% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 63% of the time over the next year (vs 62% for the rest of the cohort, n=2777).
Over the trailing year it converted 0.07x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.08 → $0.07 (-11.2% / 30d). 2 raised, 3 cut, 8 covering analysts.
0 upgrades, 0 downgrades / 30d. 88% of analysts rate Buy.
1 PT revisions / 30d. Avg target 19.5% above current price.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$274.
How much price usually moves either way.
On a bad day, this stock has moved -$578.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,387.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If sector growth slows, it could hurt CEVA's performance. CEVA's current status is already weak.
Confirms:Sector revenue growth drops below 3% year over year.
Disproves:Sector revenue growth remains above 3% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for CEVA yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 11, 2026, Ceva, Inc. (the “Company”) announced its financial results for the quarter ended March 31, 2026. A copy of the earnings release, dated May 11, 2026, is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information set forth in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exch…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2022-Q1, 2022-Q2, 2022-Q3, 2023-Q1
A side-by-side read on sector standing, valuation, and risk versus Semiconductors.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
CEVA CEVA, Inc. | Below typical Show detailsSector percentile: 25 of 100 | expensive | high |
NVDA NVIDIA Corporation | Above typical Show detailsSector percentile: 88 of 100 | inexpensive | moderate |
TSM Taiwan Semiconductor Manufacturing Co. Ltd. | — | — | moderate |
AVGO Broadcom | Above typical Show detailsSector percentile: 79 of 100 | inexpensive | elevated |
MU Micron Technology | Above typical Show detailsSector percentile: 82 of 100 | expensive | elevated |
3 material management or governance events in the past 24 months, led by M&A activity. Historically, Information Technology names rated stable grew net income 56% of the time over the next year (vs 62% for the rest of the cohort, n=797).
Not investment advice. As of 2026-06-16.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on sustaining a high gross margin, approximately 88% on a GAAP basis.
Strive to achieve positive operating income through cost management and revenue growth.
Focus on increasing revenue through strategic initiatives and market expansion.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 20, 2026, Sven-Christer Nilsson notified Ceva, Inc. (the “Company”) of his decision to retire from the Company’s Board of Directors (the “Board”), effective immediately prior to the Company’s 2026 annual meeting of stockholders (the “2026 Annual Meeting”). As a result, Mr. Nilsson will not stand for re-election at the 2026 Annual Meeting.…
Results of Operations and Financial Condition. On February 17, 2026, Ceva, Inc. (the “Company”) announced its financial results for the quarter and the year ended December 31, 2025. A copy of the earnings release, dated February 17, 2026, is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information set forth in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1…
of the Initial 8-K. Except for the foregoing, this Amendment does not modify or update any disclosure contained in the Initial 8-K or its other exhibits, and such other exhibits thereto (other than Exhibit 23.1, which is included in Exhibit 5.1 filed herewith) are hereby expressly incorporated into this Amendment by reference.
Entry into a Material Definitive Agreement. On November 18, 2025, Ceva, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, as representative of the underwriters (the “Underwriters”). Pursuant to the terms and conditions of the Underwriting Agreement, the Company agreed to sell 3,000,000 shares of its common stock, $0.001 par value per share (“Common Stock”), at a public offering price of $19.50. Pursuant to the terms of…