Brief: CEVA Q2 EPS USD -0.15

Ceva

11/08/2025 12:00

Overview

CEVA Q2 revenue falls 9.5% yr/yr, but beats analysts' expectations

GAAP net loss widens to $3.7 mln from $0.3 mln in 2024

CEVA signs 4 NeuPro NPU deals, marking pivotal AI business moment

Outlook

CEVA expects sequential and year-over-year growth in second half 2025

Company sees strong demand for edge AI technologies driving growth

CEVA aims to improve profitability through disciplined expense management

Company well-positioned in wireless connectivity IP market

Result Drivers

AI LICENSING DEALS - Ceva signed 4 new NeuPro NPU agreements, marking a pivotal moment for its AI business

AUTOMOTIVE IP AGREEMENTS - Secured 2 strategic deals in the U.S. for V2X and 4D radar technologies

DEVICE SHIPMENTS - Record shipments of cellular IoT and Wi-Fi 6 devices contributed to royalty revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$25.70 mln
$25.40 mln (5 Analysts)
Q2 EPS
-$0.15
Q2 Net Income
-$3.70 mln
Q2 Adjusted Gross Margin
87.0%
Q2 Adjusted Operating Income
$800,000
Q2 Operating Income
-$4.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for CEVA Inc is $31.50, about 31% above its August 8 closing price of $21.72

Press Release: ID:nPn2Z5mZta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)