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 highest price target was 85, implying a possible profit of 26.83 percent. The minimum price target given was 65, implying a possible loss of -3.01 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 5.54 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.81 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

In the trailing 52-weeks, CAVM hit 76.26 at the highest peak, while it's lowest trading point was 45.63. The current market price is above the trailing year's low by 46.88 percent, and 12.12 percent below the high. CAVM has a price/earnings 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.