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.

CAVM was given price targets by several analysts. The maximum price target given was 85, implying a possible profit of 26.83 percent. The most pessimistic price target was 65, which equates to a potential downside of -3.01 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 5.54 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.81 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. The current market price is above the trailing year's low by 46.88 percent, and 12.12 percent lower than its 52-week high. 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 stock has a market capitalization of $4.5 billion. CAVM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.