CEVA, Inc. (CEVA)Technology | Semiconductors | Rockville, United States | NasdaqGS
27.12 USD
-1.30
(-4.574%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 27.25 +0.13 (0.479%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:01 a.m. EDT
The investment case for CEVA is currently broken by deteriorating fundamentals and overwhelming bearish sentiment. The company is posting negative earnings and negative operating margins, trading at a forward P/E that implies profitability without any guarantee of delivery given the current trajectory. While revenue growth is positive at 13%, the bottom line is bleeding, and the balance sheet shows negative returns on equity and assets. The price action confirms this distress, with the stock trading well below its 200-day average and failing to recover from recent lows. The short-term outlook is precarious. Technical indicators show the stock is under pressure, trading below key moving averages, and the recent price action has been volatile with a downward bias. Options data screams caution; the market is pricing in significant downside risk with heavy put buying and low implied volatility on the upside. This suggests smart money is hedging against a further collapse rather than betting on a rebound. There is no income component to offset these risks, as the company does not pay a dividend. While the gross margin remains healthy at 87%, the inability to convert this into operating profit or free cash flow conversion issues (though positive FCF exists, it is thin) raises concerns about operational efficiency. The 'Buy' recommendation from analysts appears disconnected from the harsh reality of the financials and the stark bearish positioning in the options market. Until the company demonstrates a path to consistent profitability and stabilizes its stock price above key resistance levels, the risk-reward profile remains unfavorable. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.221944 |
| AutoETS | 0.222513 |
| AutoTheta | 0.222803 |
| MSTL | 0.237425 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 39.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.218 |
| Excess Kurtosis | -1.27 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 5.121 |
| Revenue per Share | 4.401 |
| Market Cap | 763,538,432 |
| Forward P/E | 34.08 |
| Beta | 2.01 |
| Profit Margins | -9.48% |
| Website | https://www.ceva-ip.com |
As of Aug. 22, 2026, 3:01 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts relative to calls. The put/call ratio is skewed significantly toward bearish bets, particularly in the August and September expirations where deep OTM puts dominate volume. Call activity is concentrated at very distant strikes (60-70), suggesting speculative lottery tickets rather than genuine bullish conviction. Implied volatility is elevated on the downside side, indicating fear of a sharp drop.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.2423271 |
| Address1 | 15,245 Shady Grove Road |
| Address2 | Suite 400 |
| All Time High | 83.95 |
| All Time Low | 2.9 |
| Ask | 34.66 |
| Ask Size | 2 |
| Audit Risk | 2 |
| Average Daily Volume10 Day | 883,630 |
| Average Daily Volume3 Month | 888,920 |
| Average Volume | 888,920 |
| Average Volume10Days | 883,630 |
| Beta | 2.006 |
| Bid | 27.14 |
| Bid Size | 1 |
| Board Risk | 1 |
| Book Value | 12.092 |
| City | Rockville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 27.12 |
| Current Ratio | 10.122 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 28.19 |
| Day Low | 27.03 |
| Debt To Equity | 5.121 |
| Display Name | CEVA |
| Earnings Call Timestamp End | 1,786,365,000 |
| Earnings Call Timestamp Start | 1,786,365,000 |
| Earnings Timestamp | 1,786,365,000 |
| Earnings Timestamp End | 1,794,227,400 |
| Earnings Timestamp Start | 1,794,227,400 |
| Ebitda | -5,677,000 |
| Ebitda Margins | -0.049050003 |
| Enterprise To Ebitda | -98.686 |
| Enterprise To Revenue | 4.841 |
| Enterprise Value | 560,242,432 |
| Eps Current Year | 0.548 |
| Eps Forward | 0.79582 |
| Eps Trailing Twelve Months | -0.38 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 37.1126 |
| Fifty Day Average Change | -9.992598 |
| Fifty Day Average Change Percent | -0.2692508 |
| Fifty Two Week Change Percent | 24.23271 |
| Fifty Two Week High | 51.6 |
| Fifty Two Week High Change | -24.479998 |
| Fifty Two Week High Change Percent | -0.47441858 |
| Fifty Two Week Low | 17.02 |
| Fifty Two Week Low Change | 10.1 |
| Fifty Two Week Low Change Percent | 0.5934195 |
| Fifty Two Week Range | 17.02 - 51.6 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,036,161,000,000 |
| Float Shares | 25,581,071 |
| Forward Eps | 0.79582 |
| Forward P E | 34.07806 |
| Free Cashflow | 5,611,125 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 374 |
| Fullday Change | -1.3 |
| Fullday Change Percent | -4.57424 |
| Fullday Price | 27.25 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.87474 |
| Gross Profits | 101,235,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03505 |
| Held Percent Institutions | 0.91919 |
| Implied Shares Outstanding | 28,154,072 |
| Industry | Semiconductors |
| Industry Disp | Semiconductors |
| Industry Key | semiconductors |
| Ir Website | http://www.ceva-dsp.com/CEVA-Investor-Relations.html |
| Is Earnings Date Estimate | 1 |
| 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 | 763,538,432 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_3597563 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -10,976,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 800,138,726 |
| Number Of Analyst Opinions | 8 |
| Open | 28.19 |
| Operating Cashflow | 3,805,000 |
| Operating Margins | -0.0715 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.63 |
| Phone | 240 308 8328 |
| Post Market Change | 0.12999916 |
| Post Market Change Percent | 0.4793479 |
| Post Market Price | 27.25 |
| Post Market Time | 1,787,961,376 |
| Previous Close | 28.42 |
| Price Eps Current Year | 49.489056 |
| Price Hint | 2 |
| Price To Book | 2.2428052 |
| Price To Sales Trailing12 Months | 6.5974703 |
| Profit Margins | -0.094840005 |
| Quick Ratio | 9.559 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.3 |
| Regular Market Change Percent | -4.57424 |
| Regular Market Day High | 28.19 |
| Regular Market Day Low | 27.03 |
| Regular Market Day Range | 27.03 - 28.19 |
| Regular Market Open | 28.19 |
| Regular Market Previous Close | 28.42 |
| Regular Market Price | 27.12 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 476,818 |
| Return On Assets | -0.01735 |
| Return On Equity | -0.03622 |
| Revenue Growth | 0.131 |
| Revenue Per Share | 4.401 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 28,154,072 |
| Shares Percent Shares Out | 0.096099995 |
| Shares Short | 2,705,771 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 1,982,898 |
| Short Name | CEVA, Inc. |
| Short Percent Of Float | 0.0992 |
| Short Ratio | 3.23 |
| Source Interval | 15 |
| State | MD |
| Symbol | CEVA |
| Target High Price | 60.0 |
| Target Low Price | 38.0 |
| Target Mean Price | 47.25 |
| Target Median Price | 46.5 |
| Total Cash | 220,720,000 |
| Total Cash Per Share | 7.84 |
| Total Debt | 17,424,000 |
| Total Revenue | 115,732,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.38 |
| Trailing Peg Ratio | 2.6315 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.64715 |
| Two Hundred Day Average Change | -1.5271492 |
| Two Hundred Day Average Change Percent | -0.05330894 |
| Type Disp | Equity |
| Volume | 476,818 |
| Website | https://www.ceva-ip.com |
| Zip | 20,850 |