Analyst Ratings for Cavium Inc. (CAVM)

Updated: 2017-07-26

An average rating of Overweight has been given to Cavium Inc. (NASDAQ:CAVM) by analysts covering the stock. CAVM had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 15 analysts, 0 gave an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for CAVM. The most optimistic analyst gave a price target of 85, implying potential capital gains of 26.83 percent. The most pessimistic analyst gave a price target of 65, which equates to a potential downside of -3.01 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 5.54 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.81 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CAVM has a 52-week high of 76.26 and a 52-week low of 45.63. Today's price is 46.88 percent above the 52-week low, and below the high by 12.12 percent. CAVM has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CAVM value stock report compares CAVM to some of its peers using value stock charts. The market cap of CAVM is $4.5 billion. CAVM will post this quarters earnings in days, on 0000-00-00.