Ceva shares are trading higher. The company and Actions Technology announced the introduction of ATS296X-series Bluetooth audio series of chips, powered by the Ceva-Waves Bluetooth HDT platform.

Shares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.

TD Cowen Maintains Buy on CEVA, Lowers Price Target to $45

TD Cowen analyst Joshua Buchalter maintains CEVA (NASDAQ:CEVA) with a Buy and lowers the price target from $55 to $45.

These Analysts Revise Their Forecasts On Ceva Following Q2 Results

Ceva Inc (NASDAQ:CEVA) reported strong earnings, beating analyst estimates for both earnings and sales. Analysts have varied price targets for CEVA stock.

Oppenheimer Maintains Outperform on CEVA, Lowers Price Target to $38

Oppenheimer analyst Martin Yang maintains CEVA (NASDAQ:CEVA) with a Outperform and lowers the price target from $42 to $38.