CEVA, Inc. (NASDAQ:CEVA)
CAPS Rating:
The Company is a licensor of intellectual property platform solutions and DSP cores for wireless, consumer and multimedia applications.
The Company is a licensor of intellectual property platform solutions and DSP cores for wireless, consumer and multimedia applications.
Recs
While this stock looks like it has excellent growth opportunities over the next 2 years, it appears to be overpriced at the moment.
Earnings are forecast to double year over year, but revenue growth is more reasonable at 15%.
If there is a price correction, it could be painful in the short term and take a while to recover.