Analyst Upside

AU · rank #20 · 2026-07-23

CEVA

NASDAQ · $1.13B (USD)

SignalBuy1.0strength 1.0 / 10
verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Composite score
Z-score blend of all factors below.
0.051
EPS revisions (30d)
Change in consensus EPS estimate over the past 30 days ($/share).
+$0.00
Net revisions (30d)
Number of analysts revising upward minus downward.
4
Insider signal (90d)
$0 across 0 unique buyers.
-0.197
Analyst upside
Consensus target $50.00
+24.8%
Momentum acceleration
3-month minus 12-month momentum.
+20.72%
Analyst rating
5 = Strong Buy, 1 = Strong Sell.
4.75
Gross margin TTM+87.2%
52w high$51.60
Market cap (USD)$1.13B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

CEVA licenses silicon and software IP for wireless connectivity and edge AI to semiconductor customers who embed it in their own SoCs, earning upfront licensing fees plus volume-dependent royalties.

Rationale

A 24.8% analyst upside gap, 121.98% earnings surprise, strongest licensing quarter in three years, raised full-year guidance, and 83% revision agreement collectively validate the analyst_upside signal as grounded in genuine fundamental re-acceleration rather than pure sentiment drift.

Material risks

  • 1Large customers developing edge AI and connectivity IP in-house is an explicit competitive threat that could erode CEVA's licensing pricing power and shrink the royalty base over time, directly undermining the recurring-revenue moat the thesis depends on.
  • 2Royalties at ~44% of revenue are tied to consumer, mobile, and IoT unit volumes, meaning any cyclical demand softness translates directly into revenue shortfalls that could stall the non-GAAP profitability trajectory and reset analyst targets lower.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.

OpenAI
Proceed
Claude
Proceed
Gemini
Proceed