Ceva Announces Retirement of Long-Serving Board Member

Ceva ( (CEVA) ) has shared an announcement.

Ceva, Inc. reported on April 20, 2026 that long‑serving board member Sven‑Christer Nilsson has decided to retire from its board of directors and will not stand for re‑election at the annual shareholders’ meeting scheduled for June 2, 2026. Nilsson, who joined the board in November 2002 and currently serves on the audit and strategy committees and chairs the nomination and governance committee, is stepping down without any disagreement with the company on operational or policy matters.

Chairman Peter McManamon praised Nilsson’s more than two decades of service, citing his telecommunications leadership background, including senior roles at Ericsson and other public company boards in Europe and the U.S. His departure will remove a highly experienced governance and strategy voice from Ceva’s board, prompting a refresh of key committee leadership as the company continues to position its smart edge IP portfolio in fast‑growing AI and connectivity markets.

The most recent analyst rating on (CEVA) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Ceva stock, see the CEVA Stock Forecast page.

Spark’s Take on CEVA Stock

According to Spark, TipRanks’ AI Analyst, CEVA is a Neutral.

The score is anchored by weak financial performance (ongoing GAAP losses and limited free-cash-flow generation) despite a low-debt balance sheet and strong gross margins. The earnings call was constructive with growth guidance and licensing/AI momentum, but technicals remain weak (below major moving averages with negative MACD) and valuation support is limited due to negative earnings.

To see Spark’s full report on CEVA stock, click here.

More about Ceva

Ceva, Inc. is a leading licensor of silicon and software intellectual property for the smart edge, providing AI-focused technologies that enable devices to connect, sense and infer in real time. Its portfolio spans 5G, cellular IoT, Bluetooth, Wi‑Fi and UWB connectivity, as well as edge AI NPUs, AI DSPs, sensor fusion processors and embedded software used in more than 20 billion shipped devices worldwide.

The company’s IP underpins advanced smart edge products, from AI-powered wearables and IoT devices to autonomous vehicles and 5G infrastructure. Ceva focuses on ultra‑low‑power, small-footprint solutions that integrate into existing design flows, helping over 400 customers accelerate development and reduce risk as the industry moves toward always‑connected, context‑aware physical AI systems.

Average Trading Volume: 385,110

Technical Sentiment Signal: Hold

Current Market Cap: $614.8M

See more data about CEVA stock on TipRanks’ Stock Analysis page.