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CEVA, Inc.

CEVATechnologyNASDAQ

Semiconductors · Last scanned May 30, 2026

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Financials · Annual
Revenue
$109.6M
+2.5% YoY
Net Income
-$10.6M
-21.1% YoY
EBITDA
-$7.1M
-107.6% YoY
Free Cash Flow
$3.6M

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About CEVA, Inc.

CEVA, Inc. provides silicon and software intellectual property (IP) solutions to semiconductor and original equipment manufacturer companies in the United States, Europe, the Middle East, the Asia Pacific, and. Valued at $1.11B, CEVA is a small-cap name in its sector. The company offers PentaG-RAN, a hardware and software IP for implementing L1 PHY baseband processing in 5G and 5G-A base station and other cellular infrastructure system-on-chips (SoCs); Ceva XC20 DSPs and the PentaG2 platform support 5G/5G Advanced baseband for mobile broadband, RedCap, and IoT devices; Ceva-BX2 baseband processor; Ceva-XC21, high-efficiency vector DSP cores for 5G and 5G-advanced; Ceva-XC23, DSP for 5G and 5G-advanced; and Ceva-Waves Bluetooth platform, a set of hardware IP, software modules, and radios addressing a range of processes and nodes.

Key stats
Market Cap$1.11B
Fwd P/E48.56
EPS$-0.46
Beta1.94
52W Change+113.3%
ROE-3.9%
Analysis

The balance sheet looks solid with $215.7M in cash comfortably exceeding the $16.9M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $3.6M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of -3.9% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been relatively flat, moving from $120.6M (2022) to $109.6M (2025).

CEVA, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, CEVA has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence CEVA, Inc.'s trajectory.

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