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.

A number of analysts gave price targets for CAVM. The most optimistic analyst gave a price target of 85, which equates to a potential upside of 26.83 percent. The most pessimistic analyst gave a price target of 65, which equates to a potential downside 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. 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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

In the last 52-weeks, CAVM has achieved a high of 76.26 and a low of 45.63. Currently the stock is 46.88 percent higher than its low, 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.