CEVA Hits 20-Day Low Amid Public Offering Announcement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 19 Nov 25
Source: PRnewswire
Shares of Ceva, Inc. (CEVA) fell sharply today, closing down 14.04% at $20.27, marking a new 20-day low. The decline follows the company's announcement of an underwritten public offering of 3 million shares priced at $19.50 each, aimed at raising approximately $58.5 million. This move has raised concerns among investors regarding dilution and the company's financial strategy, despite recent recognition for its NeuPro-Nano neural processing unit, which won the 2025 IoT Edge Computing Excellence Award. The stock's performance reflects a volatile market response, with trading volume spiking as investors reacted to both the offering and the award news.
Analyst Views on CEVA
Wall Street analysts forecast CEVA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CEVA is 36.00 USD with a low forecast of 33.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 22.510
Low
33.00
Averages
36.00
High
40.00
Current: 22.510
Low
33.00
Averages
36.00
High
40.00
About CEVA
Ceva, Inc. is a licensor of silicon and software intellectual property (IP). The Company addresses the requirements of the consumer, industrial, infrastructure, automotive, mobile and PC markets by designing and licensing a range of processors, platforms, software and solutions which streamline the design of products for developing a variety of application specific solutions that address the connect, sense and infer use cases of smart edge devices. The Company's connect products include 5G/5G-A Baseband Platform (PentaG2), OpenRAN Platform, Cellular Internet of Things (IoT) (Ceva-Waves DragonFly) and Ultra-Wideband Platform (Ceva-Waves UWB). Its sense products include Vision/AI DSP, Audio and Control DSP, Neural-network-based noise cancellation, and Spatial Audio & Head Tracking. Its infer products include NPU IP for Generative AI, NPU IP for Embedded AI and AI SDK. It delivers its platforms, AI and sensor fusion DSPs and NPUs in the form of a hardware description language definition.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
