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.

Several price targets were given for CAVM by the analysts covering the stock. The most optimistic price target was 85, implying a possible profit of 26.83 percent. The most pessimistic analyst gave a price target of 65, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 5.54 percent. 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, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

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 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's next earnings release will be on 0000-00-00, which is days away.