
CEVA (CEVA) Stock Forecast & Price Target
CEVA (CEVA) Analyst Ratings
Bulls say
CEVA Inc. is projected to benefit from a recovery in handset unit shipments and the incorporation of its intellectual property (IP) into new smartphone models, specifically the latest iPhone, enhancing its growth prospects. The company reported royalty revenue of $10.7 million, which represents a significant sequential increase of 16% quarter-over-quarter, displaying a positive trend despite a year-over-year decline of 5%; this revenue accounted for 41% of total revenue. Management has reiterated expectations for a double-digit percentage increase in Non-GAAP net income and fully diluted Non-GAAP EPS for FY2025, indicating strong confidence in future licensing momentum and royalty growth in the second half of the fiscal year.
Bears say
CEVA Inc. reported a Non-GAAP EPS of $0.07 for 2QFY25, a significant decline from $0.15 a year ago, indicating a downward trend in profitability despite being slightly above consensus estimates. The company's revenue for the same quarter was $25.7 million, reflecting a year-over-year decrease of 9.6%, which raises concerns about its long-term growth prospects. Overall, these financial metrics suggest challenges in revenue generation and earnings capability, contributing to a negative outlook on CEVA's stock performance.
This aggregate rating is based on analysts' research of CEVA and is not a guaranteed prediction by Public.com or investment advice.
CEVA (CEVA) Analyst Forecast & Price Prediction
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