Zacks Rating on Cavium (CAVM)

Cavium (CAVM) : Zacks Investment Research ranks Cavium (CAVM) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 2.08, which indicates as a Buy.

Cavium (CAVM) : The most positive equity analysts on Cavium (CAVM) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $49 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $61.55 with an expected fluctuation of $8.71 from the mean.


Shares of Cavium, Inc. rose by 7.55% in the last five trading days and 27.27% for the last 4 weeks. Cavium, Inc. is up 14.19% in the last 3-month period. Year-to-Date the stock performance stands at -15.63%. Cavium (NASDAQ:CAVM): stock turned positive on Tuesday. Though the stock opened at $55.15, the bulls momentum made the stock top out at $56.3 level for the day. The stock recorded a low of $54.94 and closed the trading day at $55.44, in the green by 0.49%. The total traded volume for the day was 944,047. The stock had closed at $55.17 in the previous days trading.

Cavium, Inc. is a provider of semiconductor processors, which enable processing for wired and wireless networking, communications, storage, cloud, wireless, security, video and connected home and office applications. The Companys products include OCTEON, OCTEON Plus, OCTEON Fusion, OCTEON XL, LiquidIO, NITROX, NEURON Search and PureVu. The Companys OCTEON, OCTEON Plus, OCTEON II and OCTEON III Multi-core MIPS64 processor families provide data and security processing. The LiquidIO Server Adapter family is a server compliant half-height Peripheral Component Interconnect Express (PCI Express). The NITROX processor family offers security processors. The NEURON Search processor family targets a range of Layer 2 to Layer 4 network search applications in enterprise and service provider infrastructure equipment. The PureVu product family is an integrated media system on a chip (SoC). The Company also offers ThunderX, a multi-core SoC processor, and MontaVista software products.

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