In recent market developments, Barclays' analyst Tavy Rosner has made adjustments to the coverage of CEVA (CEVA, Financial). As of May 8, 2025, Barclays maintains an "Overweight" rating for CEVA, signaling a continued positive outlook on the company's potential performance despite a reduction in the price target.
Barclays has lowered its price target for CEVA from a previous $40.00 to a new target of $30.00. This adjustment marks a 25% decrease in the estimated value. Despite this reduction, the "Overweight" rating suggests that CEVA is still expected to outperform the average returns of stocks in the analyst's coverage universe.
The changes in price target and maintained rating provide insight into Barclays' strategic assessment of CEVA amid prevailing market conditions. Investors should note the new target as an indicator of anticipated future performance while considering the positive rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for CEVA Inc (CEVA, Financial) is $33.00 with a high estimate of $40.00 and a low estimate of $21.00. The average target implies an upside of 56.92% from the current price of $21.03. More detailed estimate data can be found on the CEVA Inc (CEVA) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, CEVA Inc's (CEVA, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CEVA Inc (CEVA, Financial) in one year is $27.38, suggesting a upside of 30.19% from the current price of $21.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CEVA Inc (CEVA) Summary page.
