Ceva Inc (NASDAQ: CEVA) stock closed at $21.98 on 11/14/23 after a major increase of 10.0%. The stock has risen 12.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CEVA is expected to continue to be Value Creation neutral.
Ceva has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Ceva has a very low Appreciation Score of 14 and a very low Power Rating of 13, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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