CEVA, Inc. (CEVA)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$26.95+1.93%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
QuarterlyIQ Insights · CEVA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 0.7% |
| Our one-year growth estimate | diamond | 19.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 18.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 71 industry peers · Company calendar date is not available
CEVA — COO transition
Dated 2026-07-13
Chief Operating Officer — Michael Boukaya: Mr. Boukaya mutually agreed to resign from his position as Chief Operating Officer.
Why it matters: The COO change may impact how well the company operates and grows.
Worry ifManagement gave a good update on the COO change and its effects.
Less concerning ifBad news or problems may come from the COO change.
Why it matters: If sector growth slows, it could hurt CEVA's performance. CEVA's current status is already weak.
Worry ifSector revenue growth drops below 3% year over year.
Less concerning ifSector revenue growth remains above 3% year over year.
Why it matters: The COO change could affect how the company runs. Clear leadership is very important.
Watch forA new COO has been announced. They have a strong background in semiconductors.
Also watch forNo new COO appointed or further delays in the transition process.
Why it matters: New agreements can signal growth in Ceva's customer base and revenue potential.
Supportive ifA big licensing deal was announced with a new customer.
Worry ifNo new major licensing agreements announced in the next quarter.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$356 on $10,000 · ±3.6% | How much price usually moves either way. |
| Bad day | $706 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,760 loss on $10,000 · 47.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Higher licensing revenues would show strong demand for Ceva's IP and support growth plans.
Supportive ifLicensing revenues were over $18.2 million in Q3.
Worry ifLicensing revenues fall below $17.8 million in Q3.
Why it matters: New agreements signal growth and demand for Ceva's technology. This is crucial for future revenue.
Supportive ifAt least 10 new licensing agreements signed in Q3.
Worry ifFewer than 5 new licensing agreements were signed in Q3. This shows weaker demand.
Why it matters: The COO leaving might disrupt operations. It is important to watch this for stability.
Worry ifIf operational metrics fall or projects are late, it may follow the COO's exit.
Less concerning ifOperations stay stable or get better even after the COO leaves.
Why it matters: Higher operating income helps Ceva make more money in the long run.
Supportive ifOperating income reported better than -$4M in Q2.
Worry ifOperating income remains worse than -$4M in Q2.
Why it matters: Maintaining high gross margins is critical for profitability. A drop signals cost issues.
Supportive ifGross margin reported above 87% in the next earnings report.
Worry ifGross margin is below 87%. This shows possible cost issues.
Why it matters: Positive operating income is important for the long term. It shows good financial health.
Supportive ifOperating income may be positive in the next quarter.
Worry ifOperating income is still negative. This shows ongoing financial problems.
Why it matters: Revenue growth is key to showing strong demand for Ceva's products. A drop below 10% may signal weakening market conditions.
Worry ifQ2 revenue growth was less than 10% compared to last year.
Less concerning ifQ2 revenue growth was more than 10% compared to last year.
Why it matters: The COO's departure may affect management and operations. This could hurt revenue growth.
Worry ifOperational performance is stable. There is no disruption in revenue growth.
Less concerning ifOperational performance drops. This leads to slower revenue growth after the COO leaves.
Why it matters: High gross margins show good cost management and pricing power in the market.
Supportive ifGross margin is above 86% in Q2. This confirms strong cost management.
Worry ifGross margin falls below 86%. This suggests pricing or cost challenges.
Why it matters: High gross margins show that Ceva manages costs and prices well.
Supportive ifGAAP gross margin reported above 87% in Q3.
Worry ifGAAP gross margin drops below 86% in Q3.
Why it matters: More AI licensing deals show strong demand. This means growth for Ceva's AI technology.
Supportive ifAI licensing agreements increase by more than 20% in Q3.
Worry ifAI licensing agreements do not increase or decline in Q3.