CEVA Inc

CEVA remains in a Stage 4 decline with a medium-term bearish bias as price continues to register lower highs and lows below key EMAs. After an exhaustion candle at the mid-July low and extreme oversold context, price rallied into the declining EMA 9/21/50 cluster and met resistance. Short-term timing favors selling now into this pullback at the EMAs. Risks include a decisive reclaim above the EMA cluster and a potential stabilization that could shift the stage.

• ↑Q2 revenue $29.03 M (+13% YoY) with EPS $0.08 vs $0.07 expected.
• ↑Analysts rate Moderate Buy; avg price target $40.60 with 9 of 12 buys.
• ↓Negative net margin underscores persistent profitability challenges.