CEVA stock gained 4.45 percent on October 2 as analysts held a Moderate Buy view

Published on 10/04/2026 at 20:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CEVA stock is covered by 12 analysts with a Moderate Buy consensus and a USD 40.60 average target. Q2 revenue reached USD 29.03 million.

CEVA, US1572101053, Illustration mit AI erstellt.

CEVA stock (ISIN US1572101053) gained 4.45 percent to USD 37.10 on Nasdaq on October 2, 2026, after the company delivered stronger second-quarter revenue and raised its full-year growth outlook. The October 4 consensus from MarketBeat is Moderate Buy across 12 analysts, with an average 12-month price target of USD 40.60.

Revenue growth sets the tone

In Q2 2026, CEVA generated USD 29.03 million in revenue, up 13 percent from the same quarter of 2025. MarketBeat reported that the quarter exceeded a USD 28.19 million revenue consensus, while earnings of USD 0.08 per share topped the USD 0.07 estimate.

The underlying mix gives the growth figure more weight. According to the Q2 2026 earnings call transcript published by Yahoo Finance, licensing and related revenue rose 21 percent year over year to USD 18.2 million, while customers shipped 567 million CEVA-powered devices, up 16 percent from Q2 2025.

Guidance moves higher

CEVA raised its fiscal 2026 revenue growth guidance to 13-15 percent from the previous 12 percent outlook, according to the Q2 2026 call transcript. Management also guided to third-quarter revenue of USD 30.5 million to USD 34.5 million, giving investors a concrete checkpoint for the second half.

The earnings picture remains mixed. Standardized Q2 2026 figures show diluted EPS of negative USD 0.10 and net income attributable to common shareholders of negative USD 2.91 million, despite positive operating cash flow of USD 5.83 million for the quarter.

Analyst target stays above Nasdaq price

The USD 40.60 average target is 9.43 percent above the October 2 price of USD 37.10. The consensus breaks down into nine Buy ratings, one Strong Buy, one Hold and one Sell, so the positive label reflects a broad but not uniform analyst view.

CEVA also appointed Ziv Hammer as executive vice president for Connectivity and Sensing on September 15, 2026. The newly created role brings connectivity, sensing and the chief technology office under one leader, as Ceva announced.

CEVA stock remains below its yearly high

CEVA stock was last at USD 37.10 on Nasdaq on October 2, 2026, with a 52-week range of USD 17.02 to USD 51.60. Market capitalization stood at USD 1.0 billion and volume reached 577,613 shares on the same session.