Ceva (CEVA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Ceva (CEVA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Here is how Ceva (CEVA) and Blink Charging (BLNK) have performed compared to their sector so far this year.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 35 | $820.47 | $1,328.95 | $508.48 | 61.97% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 25 | $1,182.5 | $949.25 | -$233.25 | -19.73% |
Point72 Asset Management LP Point72 Asset Management LP | 607,434 | $13.07M | $23.06M | $9.99M | 76.44% |
| YA Yinka Akinsola Blue Trust Inc. | 3 | $64.56 | $113.91 | $49.35 | 76.44% |
Joseph Castro Nuveen LLC | 219,371 | $4.43M | $8.33M | $3.9M | 88.14% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Ruben Roy Stifel | 32,036.35 | $1.46M | $1.24M | -$215,284.25 | -14.76% |
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Amir Panush CEO | NASDAQ (NGS) Exchange | 157210105 CUSIP |
| US Country | 406 Employees | - Last Dividend | - Last Split | 19 May 2000 IPO Date |
CEVA, Inc. stands as a pioneering provider of silicon and software Intellectual Property (IP) solutions, serving the needs of semiconductor manufacturers and original equipment manufacturers (OEMs) across the globe. The company's extensively diverse product portfolio is geared towards revolutionizing 5G mobile and infrastructure, wireless IoT, and sensing applications, by delivering cutting-edge digital signal processing and artificial intelligence technologies. Originating from its former identity as ParthusCeva, Inc., CEVA underwent a name change in December 2003 and has been incorporated since 1999 with its main hub of operations situated in Rockville, Maryland. By offering its technology primarily through direct sales, CEVA ensures that its innovations are seamlessly integrated into the system-on-chip designs of its OEM customers, bolstering their hardware with robust development platforms, software development kits, and comprehensive debug tools.
CEVA's offerings in this segment entail the Ceva-XC vector digital signal processors (DSPs), tailored for 5G handsets, 5G RAN, and general baseband processing. Notable products include the PentaG-RAN, an open RAN platform for base station and radio applications, and the PentaG2 - a 5G NR modem platform optimized for user equipment (UE), as well as for non-handset 5G verticals like fixed wireless access, Industry 4.0, robotics, and AR/VR devices.
Within the wireless IoT domain, CEVA's RivieraWaves' platforms offer high-performance Bluetooth 5 dual mode and low energy solutions, alongside superior Wi-Fi platforms, ultra-wide band platforms, and Cellular IoT and RedCap platforms. These products are key to empowering IoT connectivity with enhanced efficiency and reliability.
The NeuPro-M neural processing unit (NPU) family and the SensPro2 sensor hub AI platforms are designed for a wide range of applications including imaging, vision, and powertrain. These are complemented by DSP processors, AI accelerators, and a software portfolio geared towards enabling robust sensing and inference capabilities in embedded devices.
Delivered as hardware description language definitions, CEVA’s AI DSPs and NPUs embody the forefront of AI hardware, providing essential computational power and efficiency for AI applications across various sectors.
The company's extensive audio and sensing software suite includes RealSpace spatial audio, WhisPro speech recognition, ClearVox for voice-enabled devices, and CDNN, a powerful neural network graph compiler. These offerings are pivotal in enriching user experiences through superior auditory and interactive capabilities.
CEVA complements its hardware offerings with a suite of development tools, including software development kits and debugging tools. These resources are crucial for facilitating efficient system design, debugging, and software development, enabling OEMs to swiftly bring their innovations to market.