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CEVA

27.00USD-0.91(-3.26%)Delayed

CEVA Inc

Market Summary

USD27.00-0.91Delayed
-3.26%

CEVA Alerts

CEVA Stock Price

RSI Chart

Valuation

Market Cap

641.7M

Price/Earnings

719.35

Price/Sales

4.77

Price/Cashflow

33.62

MarketCap/EBT

156.16

Price/Sales

Profitability

Operating Margin

82.16%

EBT Margin

3.06%

Return on Equity

0.33%

Return on Assets

0.28%

Fundamentals

Revenue

Revenue (TTM)

135.3M

Revenue Y/Y

2.65%

Revenue Q/Q

1.4%

Earnings

Earnings (TTM)

-21.2M

Earnings Y/Y

-13.3K%

Earnings Q/Q

-1.9K%

Price Action

52 Week Range

23.7146.64
(Low)(High)

Last 7 days

-1.6%

Last 30 days

-1.6%

Last 90 days

-2.4%

Trailing 12 Months

-39.1%

Financial Health

Current Ratio

5.49

Investor Care

Shares Dilution (1Y)

0.93%

Diluted EPS (TTM)

-0.91

Peers (Alternatives to CEVA)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
27.66% -47.43%
44.5
11.58
17.68% -27.42%
191.5B
31.7B
18.59% 0.01%
21.45
6.05
19.50% 82.82%
147.4B
20.2B
12.10% -5.63%
16.52
7.3
14.79% 21.94%
120.0B
69.5B
8.71% -38.23%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
27.89% -50.24%
31.98
4.64
53.70% -42.73%
14.1B
2.5B
12.16% 64.95%
149.27
5.6
-3.85% -79.08%
MID-CAP
7.0B
626.2M
41.68% -5.66%
51.67
11.99
30.27% 86.50%
5.1B
6.5B
35.86% 25.19%
7.35
0.78
19.23% 49.17%
3.9B
699.0M
19.09% -20.13%
20.84
5.38
2.60% 25.00%
SMALL-CAP
918.1M
799.0M
7.83% -32.89%
2.03
1.18
15.40% 533.32%
752.7M
1.3B
18.49% -37.02%
11.95
0.64
19.99% 7.15%
687.4M
1.8B
21.36% -42.59%
10.22
0.37
39.00% 721.30%
641.7M
135.3M
-1.64% -39.08%
719.35
4.77
15.85% -646.22%
449.5M
387.0M
-3.37% -47.58%
6.37
1.02
-23.64% -38.86%

Financials for CEVA

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.6%135134132123117
Cost Of Revenue13.0%2724211713
Gross Profit-2.0%108110111106103
Operating Expenses3.2%11010710610299
  S&GA Expenses2.0%1312121312
  R&D Expenses-0.4%7777757370
Earnings Before Taxes-146.6%-1.924765
Net Income-2481.7%-21.24120-2.85
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-7.7%295319335329318
  Current Assets-1.4%171174197189180
    Cash Equivalents53.0%3019403334
  Net PPE-3.2%78877
  Goodwill0%7575757576
  Current Liabilities-11.2%2832413531
Shareholder's Equity-7.8%252274278277270
  Retained Earnings-42.5%3053545552
  Additional Paid-In Capital0.9%239237236235232
Accumulated Depreciation-22----
Shares Outstanding0.2%2323232323
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-24.0%1419202622
  Share Based Compensation2.1%1414131313
Cashflow From Investing37.8%-15.40-24.74-37.74-16.71-12.51
Cashflow From Financing-208.4%-3.31-1.07333
  Buy BacksInfinity%5000
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on CEVA?

97.7%


Probability that CEVA stock will be more than 20% underwater in next one year

77.7%


Probability that CEVA stock will be more than 30% underwater in next one year.

37.3%


Probability that CEVA stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CEVA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if CEVA was unfortunately bought at previous high price.

Returns

Cumulative Returns on CEVA

5.9%


10-Year Cumulative Returns

1.2%


7-Year Cumulative Returns

-10.5%


5-Year Cumulative Returns

1.6%


3-Year Cumulative Returns

What are the long-term rolling returns for CEVA?

FIve years rolling returns for CEVA.

Which funds bought or sold CEVA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
153,000
153,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.56
-218,000
760,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-50,000
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
0.13
-190,000
682,000
-%
2022-11-15
HARBOUR INVESTMENTS, INC.
UNCHANGED
-
-
1,000
-%
2022-11-15
Clearstead Advisors, LLC
UNCHANGED
-
-1,000
-
-%
2022-11-15
JACOBS LEVY EQUITY MANAGEMENT, INC
ADDED
100.84
542,000
1,493,000
0.01%
2022-11-15
Neuberger Berman Group LLC
ADDED
91.02
4,230,000
12,786,000
0.01%
2022-11-15
DISCIPLINED GROWTH INVESTORS INC /MN
ADDED
0.1
-3,144,000
11,304,000
0.31%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
ADDED
58.88
50,714
260,464
-%

1–10 of 45

Latest Funds Activity

Are funds buying CEVA calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CEVA

CEVA News

MarketBeat

CEVA, Inc. (NASDAQ:CEVA) Short Interest Update.15 hours ago

Thehour.com

CEVA Fair Value

CEVA fair value in different scenarios

The table shows the Fair Value estimates for CEVA for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.51

-98.11%

1.18

-95.63%

2.34

-91.33%

4.86

-82.00%

8.68

-67.85%

Current Inflation

0.47

-98.26%

1.07

-96.04%

2.08

-92.30%

4.25

-84.26%

7.54

-72.07%

Very High Inflation

0.42

-98.44%

0.93

-96.56%

1.77

-93.44%

3.54

-86.89%

6.22

-76.96%

Historical CEVA Fair Value Estimates


Recent SEC filings of CEVA

View All Filings
Date Filed Form Type Document
Nov 09, 2022
8-K
Current Report
Nov 09, 2022
8-K
Current Report
Nov 09, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for CEVA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-07-01
NILSSON SVEN CHRISTER
ACQUIRED
-
-
3,793
-
2022-07-01
MCMANAMON PETER
ACQUIRED
-
-
3,793
-
2022-07-01
Liu Jaclyn
ACQUIRED
-
-
3,793
-
2022-07-01
Andrietti Bernadette
ACQUIRED
-
-
3,793
-
2022-07-01
Marced Maria
ACQUIRED
-
-
3,793
-
2022-07-01
SILVER LOUIS
ACQUIRED
-
-
3,793
-
2022-07-01
AYALON ELIYAHU
ACQUIRED
-
-
3,793
-
2022-06-14
SILVER LOUIS
SOLD (Taxes)
-227,223
32.95
-6,896
-
2022-06-14
SILVER LOUIS
SOLD
-201,127
32.95
-6,104
-
2022-06-14
SILVER LOUIS
ACQUIRED
228,930
17.61
13,000
-

1–10 of 50

Gideon Wertheizer
480
CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing technologies to semiconductor and original equipment manufacturer (OEM) companies worldwide. It designs and licenses various digital signal processors, AI processors, wireless platforms, and complementary software for sensor fusion, image enhancement, computer vision, voice input, and artificial intelligence (AI). The company licenses a family of wireless connectivity and smart sensing technologies, and integrated IP solutions, including DSP-based platforms for 5G baseband processing in mobile, IoT, and infrastructure; imaging and computer vision for any camera-enabled devices; audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets; sensor fusion software and inertial measurement unit solutions for hearables, wearables, AR/VR, PC, robotics, remote controls, and IoT; and wireless IoT for Bluetooth, Wi-Fi 4/5/6/6E, Ultra-wideband (UWB), and NB-IoT. Its technologies are licensed to companies, which design, manufacture, market, and sell application-specific integrated circuits and application-specific standard products to mobile, consumer, automotive, robotics, industrial, aerospace and defense, and IoT companies for incorporation into various end products. The company delivers its DSP cores, platforms, and AI processors in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was incorporated in 1999 and is headquartered in Rockville, Maryland.

CEVA Income Statement

2022-09-30
Interim Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Revenues$ 33,660$ 32,790$ 101,246$ 88,649
Cost of revenues7,9484,83021,17710,904
Gross profit25,71227,96080,06977,745
Operating expenses:    
Research and development, net18,46918,76058,21753,810
Sales and marketing3,4103,1629,0569,357
General and administrative3,5583,49510,82910,534
Amortization of intangible assets7508492,2502,092
Impairment of intangible assets3,55603,5560
Total operating expenses29,74326,26683,90875,793
Operating income (loss)(4,031)1,694(3,839)1,952
Financial income (loss), net108(47)803345
Remeasurement of marketable equity securities(455)0(2,271)0
Income (loss) before taxes on income(4,378)1,647(5,307)2,297
Taxes on income17,9261,81419,8165,779
Net loss$ (22,304)$ (167)$ (25,123)$ (3,482)
Basic net loss per share (in dollars per share)$ (0.96)$ (0.01)$ (1.08)$ (0.15)
Diluted net loss per share (in dollars per share)$ (0.96)$ (0.01)$ (1.08)$ (0.15)
Weighted-average shares used to compute net loss per share (in thousands):    
Basic (in shares)23,21122,92523,16322,766
Diluted (in shares)23,21122,92523,16322,766
License [Member]    
Revenues:    
Revenues$ 22,268$ 21,568$ 66,784$ 51,500
Royalty [Member]    
Revenues:    
Revenues$ 11,392$ 11,222$ 34,462$ 37,149

CEVA Balance Sheet

2022-09-30
Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 29,510$ 33,153
Short-term bank deposits6,06231,410
Marketable securities100,70190,298
Trade receivables (net of allowance for credit losses of $288 as of September 30, 2022 and December 31, 2021)26,76327,449
Prepaid expenses and other current assets8,1336,670
Total current assets171,169188,980
Long-term assets:  
Bank deposits8,1280
Severance pay fund8,43110,175
Deferred tax assets, net4,66915,850
Property and equipment, net7,3706,765
Operating lease right-of-use assets8,1168,827
Goodwill74,77774,777
Intangible assets, net7,54914,607
Investments in marketable equity securities6482,919
Other long-term assets3,9575,759
Total long-term assets123,645139,679
Total assets294,814328,659
Current liabilities:  
Trade payables1,7211,464
Deferred revenues3,5408,661
Accrued expenses and other payables5,9414,030
Accrued payroll and related benefits14,62518,011
Operating lease liabilities2,2353,274
Total current liabilities28,06235,440
Long-term liabilities:  
Accrued severance pay9,01810,551
Operating lease liabilities4,9405,130
Other accrued liabilities497806
Total long-term liabilities14,45516,487
Stockholders’ equity:  
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding00
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,595,160 shares issued at September 30, 2022 and December 31, 2021. 23,187,495 and 22,984,552 shares outstanding at September 30, 2022 and December 31, 2021, respectively2323
Additional paid in-capital239,445235,386
Treasury stock at cost (407,665 and 610,608 shares of common stock at September 30, 2022 and December 31, 2021, respectively)(10,633)(13,790)
Accumulated other comprehensive loss(6,761)(372)
Retained earnings30,22355,485
Total stockholders’ equity252,297276,732
Total liabilities and stockholders’ equity$ 294,814$ 328,659