CEVA - CEVA Inc.: Uncertainty Remains Despite A Bullish Financial Model
2024-02-20 23:11:21 ET
Summary
- CEVA, Inc. has shrunk in value in the last three years, but the stock has done better in recent months for several reasons.
- Improved demand, better earnings and a financial model calling for stronger growth in the coming years have all powered a turnaround in the stock.
- There are changes underway in the global market, particularly in China, which may not necessarily work in favor of CEVA as an IP supplier.
- The Company has outperformed recently, compared to recent years, but it is too early to say it is the start of a new trend or a flash in the pan.
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CEVA, Inc.: Uncertainty Remains Despite A Bullish Financial Model