CEVA, Inc. (CEVA)Technology | Semiconductors | Rockville, United States | NasdaqGS
42.99 USD
+0.28
(0.656%)
⇧
(July 14, 2026, 10:01 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:55 a.m. EDT
The investment case for CEVA is currently paralyzed by a severe disconnect between its operational reality and its market valuation. While the company boasts a fortress-like balance sheet with a massive current ratio of 10.26 and negligible debt relative to equity, it is hemorrhaging cash operationally, reporting negative operating cash flow and negative free cash flow. The bottom line reflects this distress with negative profit margins and a trailing P/E that is mathematically undefined due to losses. Despite these fundamental red flags, the stock trades at a premium multiple of 11x sales, a valuation typically reserved for high-growth tech leaders, yet the company has failed to deliver consistent growth, posting five years of negative annual returns within the last decade. The recent price action shows some resilience, bouncing off the 200-day average, but the underlying business metrics—negative ROE and shrinking margins—suggest the market is pricing in a turnaround that has not yet materialized. There is no income component to this trade, as the company has suspended dividends entirely. The options market mirrors this uncertainty, with heavy positioning at the $50 strike acting as a psychological ceiling, while put buyers establish a defensive floor. Until the company demonstrates a path to profitability and stabilizes its cash burn, the risk-reward profile remains skewed toward caution, making this a speculative hold rather than a core investment. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.421076 |
| MSTL | 0.468063 |
| AutoETS | 0.494171 |
| AutoARIMA | 0.494180 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 2.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.339 |
| Excess Kurtosis | 0.30 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 4.99 |
| Revenue per Share | 4.446 |
| Market Cap | 1,197,674,240 |
| Forward P/E | 52.20 |
| Beta | 1.97 |
| Profit Margins | -10.47% |
| Website | https://www.ceva-ip.com |
As of July 11, 2026, 3:55 a.m. EDT: Speculators are positioning for volatility rather than a clear directional breakout. Call Open Interest is heavily concentrated at the $50 strike, suggesting a barrier to upside, while significant put volume exists at lower strikes ($30-$40), indicating a floor. The lack of deep ITM call positioning and the dominance of OTM puts suggest traders are hedging against a drop or betting on a range-bound move rather than a sustained rally.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.90160286 |
| Address1 | 15,245 Shady Grove Road |
| Address2 | Suite 400 |
| All Time High | 83.95 |
| All Time Low | 2.9 |
| Ask | 55.01 |
| Ask Size | 2 |
| Audit Risk | 2 |
| Average Analyst Rating | 1.4 - Strong Buy |
| Average Daily Volume10 Day | 706,200 |
| Average Daily Volume3 Month | 896,078 |
| Average Volume | 896,078 |
| Average Volume10Days | 706,200 |
| Beta | 1.969 |
| Bid | 31.75 |
| Bid Size | 2 |
| Board Risk | 1 |
| Book Value | 12.139 |
| City | Rockville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 42.99 |
| Current Ratio | 10.26 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 44.39 |
| Day Low | 42.99 |
| Debt To Equity | 4.99 |
| Display Name | CEVA |
| Earnings Call Timestamp End | 1,786,392,000 |
| Earnings Call Timestamp Start | 1,786,392,000 |
| Earnings Timestamp | 1,786,365,000 |
| Earnings Timestamp End | 1,786,365,000 |
| Earnings Timestamp Start | 1,786,365,000 |
| Ebitda | -7,778,000 |
| Ebitda Margins | -0.06921 |
| Enterprise To Ebitda | -127.418 |
| Enterprise To Revenue | 8.819 |
| Enterprise Value | 991,057,664 |
| Eps Current Year | 0.52796 |
| Eps Forward | 0.82355 |
| Eps Trailing Twelve Months | -0.46 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 41.7942 |
| Fifty Day Average Change | 1.1958008 |
| Fifty Day Average Change Percent | 0.028611643 |
| Fifty Two Week Change Percent | 90.160286 |
| Fifty Two Week High | 51.6 |
| Fifty Two Week High Change | -8.609997 |
| Fifty Two Week High Change Percent | -0.1668604 |
| Fifty Two Week Low | 17.02 |
| Fifty Two Week Low Change | 25.970001 |
| Fifty Two Week Low Change Percent | 1.525852 |
| Fifty Two Week Range | 17.02 - 51.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,036,161,000,000 |
| Float Shares | 24,693,987 |
| Forward Eps | 0.82355 |
| Forward P E | 52.20084 |
| Free Cashflow | 3,582,375 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.87185997 |
| Gross Profits | 97,977,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.031070001 |
| Held Percent Institutions | 0.92977995 |
| Implied Shares Outstanding | 27,859,369 |
| Industry | Semiconductors |
| Industry Disp | Semiconductors |
| Industry Key | semiconductors |
| Ir Website | http://www.ceva-dsp.com/CEVA-Investor-Relations.html |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 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 DSPs and the PentaG2 platform support 5G/5G Advanced baseband for mobile broadband, RedCap, and IoT devices; Ceva-BX2 baseband processor; Ceva-XC21, high-efficiency vector DSP cores for 5G and 5G-advanced; Ceva-XC23, DSP for 5G and 5G-advanced; and Ceva-Waves Bluetooth platform, a set of hardware IP, software modules, and radios addressing a range of processes and nodes. It also provides 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. In addition, the company offers 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. Further, it provides 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. |
| Long Name | CEVA, Inc. |
| Market | us_market |
| Market Cap | 1,197,674,240 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_3597563 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -11,770,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,189,873,649 |
| Number Of Analyst Opinions | 8 |
| Open | 44.01 |
| Operating Cashflow | -837,000 |
| Operating Margins | -0.18817 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Peg Ratio | 4.46 |
| Phone | 240 308 8328 |
| Previous Close | 42.71 |
| Price Eps Current Year | 81.42663 |
| Price Hint | 2 |
| Price To Book | 3.541478 |
| Price To Sales Trailing12 Months | 10.657645 |
| Profit Margins | -0.10474 |
| Quick Ratio | 9.665 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.375 |
| Region | US |
| Regular Market Change | 0.2800026 |
| Regular Market Change Percent | 0.65559024 |
| Regular Market Day High | 44.39 |
| Regular Market Day Low | 42.99 |
| Regular Market Day Range | 42.99 - 44.39 |
| Regular Market Open | 44.01 |
| Regular Market Previous Close | 42.71 |
| Regular Market Price | 42.99 |
| Regular Market Time | 1,784,037,675 |
| Regular Market Volume | 57,793 |
| Return On Assets | -0.02157 |
| Return On Equity | -0.03876 |
| Revenue Growth | 0.115 |
| Revenue Per Share | 4.446 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 27,859,369 |
| Shares Percent Shares Out | 0.0637 |
| Shares Short | 1,773,263 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 1,273,318 |
| Short Name | CEVA, Inc. |
| Short Percent Of Float | 0.0657 |
| Short Ratio | 1.73 |
| Source Interval | 15 |
| State | MD |
| Symbol | CEVA |
| Target High Price | 60.0 |
| Target Low Price | 36.0 |
| Target Mean Price | 48.875 |
| Target Median Price | 49.0 |
| Total Cash | 215,692,992 |
| Total Cash Per Share | 7.742 |
| Total Debt | 16,877,000 |
| Total Revenue | 112,377,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.46 |
| Trailing Peg Ratio | 4.1873 |
| Triggerable | 1 |
| Two Hundred Day Average | 27.6422 |
| Two Hundred Day Average Change | 15.347801 |
| Two Hundred Day Average Change Percent | 0.5552308 |
| Type Disp | Equity |
| Volume | 57,793 |
| Website | https://www.ceva-ip.com |
| Zip | 20,850 |