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A statement released earlier today by Roth Capital about CEVA, Inc. (NASDAQ:CEVA) bumps the target price to $40.00

Just yesterday CEVA, Inc. (NASDAQ:CEVA) traded -0.26% lower at $35.24. CEVA, Inc.’s 50-day moving average is $32.37 and its 200-day moving average is $27.55. The last stock price is up 27.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 155,712 shares of CEVA traded hands, up from an average trading volume of 133,038

Roth Capital bumped up the target of CEVA, Inc. (NASDAQ:CEVA) to $40.00 reporting a possible upside of 0.14%.

Previously on 08/03/2016, Wunderlich released a statement about CEVA, Inc. (NASDAQ:CEVA) increased the target price from $33.00 to $36.00. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart


CEVA, Inc. has 52 week low of $17.11 and a 52 week high of $36.81 with a PE ratio of 73.06 and has a market capitalization of $0.

In addition to Roth Capital reporting its stock price target, a total of 8 brokerages have issued a research note on the company. The average stock price target is $28.00 with 3 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On CEVA, Inc. (NASDAQ:CEVA)

CEVA, Inc. (CEVA) is a licensor of signal processing intellectual property (IP). The Company partners with semiconductor companies and original equipment manufacturers (OEMs) to create connected devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet of things (IoT). The Company operates in the segment of licensing of intellectual property to semiconductor companies and electronic equipment manufacturers. It addresses the requirements of the mobile, consumer, automotive, industrial and IoT markets by designing and licensing application-specific signal processing platforms, which enable the design of solutions for developing a range of applications, including communications and connectivity, audio and voice, imaging and vision, and storage. It has research and development facilities in Israel, France, Ireland and the United Kingdom, and sales and support offices throughout Asia Pacific, Japan, Sweden, France, Israel and the United States.

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