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CAVM $86.23

CAVM target price
86.23
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Cavium
Type
Public (NASDAQ: CAVM)
Industry Processors and Boards
Founded 2001
Headquarters San Jose, California, United States
Key people
Syed B. Ali (President & CEO)
M. Raghib Hussain
Founder & COO,
formerly CTO
Number of employees
850
Website cavium.com

Cavium is a fabless semiconductor company based in San Jose, California specializing in ARM-based and MIPS-based network, video and security processors and SoCs. Cavium offers processor and board level products targeting routers, switches, appliances, storage and servers.

The company went public in May 2007 with about 175 employees. As of 2011, following numerous acquisitions, it had about 850 employees worldwide, of whom about 250 were located at company headquarters in San Jose.

The cnMIPS microarchitecture implements the MIPS64 instruction set.

The ThunderX line of SoCs from Cavium were released with up to 48 dual issue, out of order ARMv8 cores. These SoCs were targeted at servers in network intensive applications, competing with Intel Xeon products. The ThunderX line is manufactured by Global Foundries at 28nm and is reported to have a TDP less than 100W.

Cavium announced in 2016 the ThunderX2 line of SoCs, an iterative improvement of their ThunderX line. ThunderX2 has up to 54 custom ARM cores and is manufactured on Global Foundries' 14nm FinFET process. These and other improvements are reported to offer twice the performance per core of the ThunderX line.

Cray has added "ARM Option" (i.e. CPU blade option, using the ThunderX2) to their XC50 supercomputers, and Cray claims that ARM is "a third processor architecture for building next-generation supercomputers", for e.g. the US Department of Energy.

On June 17, 2011 Cavium Networks, Inc. changed their name to Cavium, Inc.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-06-16 Downgrade Jefferies Group Buy to Hold
2016-06-16 Downgrade Canaccord Genuity Buy to Hold $61.00 to $48.00
2016-06-16 Reiterated Rating Needham & Company LLC Buy $66.00
2016-06-16 Downgrade Pacific Crest Overweight to Overweight
2016-06-16 Reiterated Rating Brean Capital Buy to Buy $67.00 to $60.00
2016-06-15 Reiterated Rating Wedbush Outperform $68.00
2016-06-15 Downgrade Oppenheimer Outperform to Market Perform
2016-06-15 Downgrade Oppenheimer Holdings Inc. Outperform to Market Perform
2016-06-07 Reiterated Rating Canaccord Genuity Buy $67.00 to $61.00
2016-05-31 Reiterated Rating Needham & Company LLC Buy $66.00
2016-05-14 Reiterated Rating Barclays Buy
2016-05-14 Reiterated Rating Barclays PLC Buy
2016-05-13 Lower Price Target Barclays Overweight $75.00 to $65.00
2016-05-04 Upgrade Benchmark Co. Hold to Buy
2016-05-03 Initiated Coverage Brean Capital Buy $67.00
2016-04-28 Lower Price Target Morgan Stanley Overweight $65.00 to $60.00
2016-04-28 Lower Price Target Wedbush Outperform $74.00 to $68.00
2016-04-28 Lower Price Target Topeka Capital Markets Hold $63.00 to $55.00
2016-04-28 Reiterated Rating Needham & Company LLC Buy $75.00 to $66.00
2016-04-28 Reiterated Rating Roth Capital Buy
2016-04-28 Reiterated Rating Jefferies Group Buy
2016-04-28 Reiterated Rating Bank of America Hold
2016-04-28 Lower Price Target Barclays Overweight $80.00 to $75.00
2016-04-28 Reiterated Rating Bank of America Corp. Hold
2016-04-18 Reiterated Rating Canaccord Genuity Buy
2016-03-10 Reiterated Rating KeyBanc Overweight
2016-03-10 Reiterated Rating KeyCorp Overweight
2016-03-01 Lower Price Target Canaccord Genuity Buy $74.00 to $73.00
2016-02-23 Reiterated Rating Oppenheimer Outperform
2016-02-23 Reiterated Rating Needham & Company LLC Buy $75.00
2016-02-12 Reiterated Rating Nomura Hold $58.00
2016-02-12 Reiterated Rating Nomura Holdings Inc. Hold $58.00
2016-01-28 Reiterated Rating Canaccord Genuity Buy $74.00
2016-01-28 Boost Price Target Topeka Capital Markets Hold $61.00 to $63.00
2016-01-28 Reiterated Rating Wedbush Outperform $74.00
2016-01-28 Reiterated Rating Oppenheimer Buy $72.00
2016-01-28 Reiterated Rating JPMorgan Chase & Co. Buy
2016-01-28 Reiterated Rating William Blair Buy
2016-01-28 Reiterated Rating Needham & Company LLC Buy $80.00 to $75.00
2016-01-15 Reiterated Rating Barclays Overweight $80.00
2015-12-10 Initiated Coverage Bank of America Neutral $70.00
2015-11-23 Downgrade JMP Securities Market Perform to Underperform $50.00
2015-11-23 Downgrade JPMorgan Chase & Co. Neutral to Underweight $50.00
2015-11-02 Lower Price Target Wedbush $78.00 to $74.00
2015-10-29 Boost Price Target JPMorgan Chase & Co. Overweight $77.00
2015-10-29 Lower Price Target Jefferies Group Buy $80.00 to $75.00
2015-10-29 Lower Price Target Needham & Company LLC Buy $83.00 to $80.00
2015-10-29 Downgrade Stifel Nicolaus Buy to Hold $70.00
2015-10-26 Reiterated Rating Oppenheimer Outperform $72.00
2015-10-26 Boost Price Target Wedbush $62.00 to $78.00
2015-10-23 Reiterated Rating Roth Capital Buy
2015-09-05 Reiterated Rating Barclays Buy $80.00
2015-08-31 Boost Price Target Jefferies Group Buy $74.00 to $80.00
2015-08-26 Reiterated Rating William Blair Buy
2015-08-13 Reiterated Rating Canaccord Genuity Buy
2015-07-30 Lower Price Target Barclays Overweight $85.00 to $80.00
2015-07-30 Lower Price Target Canaccord Genuity Buy $89.00 to $76.00
2015-07-30 Lower Price Target Needham & Company LLC Buy $85.00 to $83.00
2015-07-30 Lower Price Target Stifel Nicolaus Buy $81.00 to $70.00
2015-07-30 Lower Price Target Topeka Capital Markets Hold $74.00 to $61.00
2015-07-28 Reiterated Rating Oppenheimer Outperform $72.00
2015-07-02 Reiterated Rating Barclays Overweight $85.00
2015-06-16 Initiated Coverage Credit Agricole Outperform $85.00
2015-06-16 Initiated Coverage CLSA Outperform $85.00
2015-06-16 Initiated Coverage Credit Agricole SA Outperform $85.00
2015-06-09 Reiterated Rating Oppenheimer Outperform $72.00
2015-06-09 Reiterated Rating Stifel Nicolaus Buy $74.00 to $81.00
2015-06-08 Boost Price Target Canaccord Genuity Buy $77.00 to $89.00
2015-06-08 Boost Price Target Topeka Capital Markets Hold $64.00 to $74.00
2015-06-06 Reiterated Rating FBR & Co. Outperform $80.00
2015-06-06 Reiterated Rating FBR & Co Outperform $80.00
2015-06-04 Upgrade Needham & Company LLC Hold to Buy $85.00
2015-05-01 Boost Price Target Argus Buy $70.00 to $76.00
2015-04-30 Reiterated Rating FBR & Co. Outperform $75.00
2015-04-30 Boost Price Target Jefferies Group Buy $70.00 to $78.00
2015-04-30 Lower Price Target Canaccord Genuity Buy $81.00 to $77.00
2015-04-28 Reiterated Rating Oppenheimer Outperform $72.00
2015-04-28 Reiterated Rating William Blair Outperform
2015-04-14 Boost Price Target Barclays Overweight $80.00 to $85.00
2015-03-20 Boost Price Target Wedbush Outperform $67.00 to $80.00
2015-03-18 Reiterated Rating Deutsche Bank Hold $55.00
2015-03-18 Reiterated Rating Deutsche Bank AG Hold $55.00
2015-03-15 Reiterated Rating FBR & Co. Buy $75.00
2015-03-09 Boost Price Target Canaccord Genuity Buy $74.00 to $81.00
2015-02-19 Boost Price Target Barclays Overweight $70.00 to $80.00
2015-02-03 Reiterated Rating Argus $70.00
2015-01-29 Boost Price Target JPMorgan Chase & Co. Overweight $55.00 to $75.00
2015-01-29 Boost Price Target Jefferies Group Buy $60.00 to $70.00
2015-01-29 Boost Price Target Nomura Neutral $45.00 to $58.00
2015-01-29 Boost Price Target FBR & Co. Outperform $65.00 to $68.00
2015-01-29 Boost Price Target Canaccord Genuity Buy $65.00 to $74.00
2015-01-29 Boost Price Target Stifel Nicolaus Buy $63.00 to $68.00
2015-01-29 Downgrade JMP Securities Outperform to Market Perform $55.00
2015-01-27 Reiterated Rating Oppenheimer Outperform $72.00
2015-01-26 Reiterated Rating Wedbush Outperform $67.00
2015-01-26 Boost Price Target Imperial Capital Outperform $57.00 to $65.00
2015-01-26 Boost Price Target Roth Capital Buy $54.00 to $67.00
2015-01-12 Boost Price Target Argus Buy $62.00 to $70.00
2014-12-29 Downgrade Needham & Company LLC Buy to Hold
2014-12-05 Boost Price Target Canaccord Genuity Buy $62.00 to $65.00
2014-12-05 Initiated Coverage FBR & Co. Outperform $65.00
2014-11-14 Reiterated Stifel Buy $54 to $63
2014-11-14 Boost Price Target Stifel Nicolaus Buy $54.00 to $63.00
2014-11-07 Upgrade Raymond James Outperform to Strong-Buy $60.00 to $70.00
2014-11-07 Upgrade Raymond James Financial Inc. Outperform to Strong-Buy $60.00 to $70.00
2014-10-30 Reiterated Rating Deutsche Bank Hold $45.00 to $47.00
2014-10-28 Reiterated Rating Jefferies Group Buy $64.00 to $60.00
2014-10-15 Upgrade JMP Securities Market Perform to Outperform $50.00
2014-10-14 Lower Price Target Oppenheimer Outperform $55.00 to $53.00
2014-10-13 Reiterated Rating Pacific Crest Outperform $55.00 to $50.00
2014-09-10 Boost Price Target Wedbush $55.00 to $65.00
2014-08-29 Boost Price Target Jefferies Group Buy $56.00 to $64.00
2014-07-31 Reiterated Stifel Buy $48 to $54
2014-07-31 Reiterated Rating Raymond James Outperform $49.00 to $60.00
2014-07-31 Boost Price Target Wedbush Outperform $51.00 to $55.00
2014-07-31 Boost Price Target Benchmark Co. Hold $42.00 to $48.00
2014-07-31 Boost Price Target Needham & Company LLC Buy $56.00 to $58.00
2014-07-31 Lower Price Target Topeka Capital Markets Hold $54.00 to $52.00
2014-07-31 Boost Price Target Deutsche Bank Hold $38.00 to $45.00
2014-07-31 Boost Price Target Jefferies Group Buy $52.00 to $56.00
2014-07-31 Boost Price Target Pacific Crest Outperform $48.00 to $55.00
2014-07-31 Boost Price Target JPMorgan Chase & Co. Overweight $50.00 to $55.00
2014-07-31 Boost Price Target Nomura Neutral $40.00 to $45.00
2014-07-31 Boost Price Target Morgan Stanley $52.00 to $55.00
2014-07-31 Boost Price Target Stifel Nicolaus Buy $48.00 to $54.00
2014-07-29 Boost Price Target Oppenheimer Outperform $50.00 to $55.00
2014-07-09 Initiated Coverage Barclays Buy to Outperform $57.00
2014-07-09 Initiated Coverage Imperial Capital Outperform $57.00
2014-06-10 Initiated Coverage Canaccord Genuity Buy $62.00
2014-06-05 Boost Price Target Topeka Capital Markets Hold $45.00 to $54.00
2014-06-04 Boost Price Target Needham & Company LLC Buy $48.00 to $56.00
2014-05-27 Reiterated Rating Barclays Overweight $45.00 to $65.00
2014-05-02 Boost Price Target Needham & Company LLC Buy $47.00 to $48.00
2014-05-02 Boost Price Target Nomura $40.00 to $43.00
2014-05-01 Reiterated Rating Raymond James Outperform $49.00
2014-05-01 Reiterated Rating Deutsche Bank Hold $38.00
2014-05-01 Boost Price Target JPMorgan Chase & Co. Overweight $41.00 to $50.00
2014-05-01 Boost Price Target Oppenheimer Outperform $48.00 to $50.00
2014-05-01 Boost Price Target Stifel Nicolaus Buy $45.00 to $48.00
2014-05-01 Upgrade Nomura Reduce to Neutral $32.00 to $40.00
2014-05-01 Boost Price Target Jefferies Group $51.00 to $52.00
2014-04-03 Initiated Coverage Piper Jaffray Neutral
2014-03-31 Boost Price Target Morgan Stanley $48.00 to $52.00
2014-03-28 Boost Price Target Nomura $28.00 to $32.00
2014-03-06 Boost Price Target Jefferies Group Buy $51.00
2014-01-30 Lower Price Target Jefferies Group $47.00 to $45.00
2014-01-27 Upgrade Wedbush Neutral to Outperform $40.00 to $42.00
2014-01-17 Lower Price Target JPMorgan Chase & Co. $44.00 to $41.00
2013-10-31 Reiterated Rating Jefferies Group Buy $47.00
2013-10-31 Upgrade Oppenheimer Market Perform to Outperform $48.00
2013-10-15 Boost Price Target Barclays Overweight $42.00 to $45.00
2013-09-30 Boost Price Target Mizuho Buy $38.00 to $50.00
2013-09-27 Boost Price Target Maxim Group Buy $42.00 to $46.00
2013-09-26 Initiated Coverage Morgan Stanley Overweight $48.00
2013-09-17 Downgrade Lazard Capital Markets Buy to Neutral
2013-04-29 Reiterated Maxim Group Buy $39 to $35
2013-02-01 Reiterated Needham Buy $34 to $38
2012-12-17 Reiterated Maxim Group Buy $37 to $40
2016-06-16 Downgrade Jefferies Group Buy to Hold
2016-06-16 Downgrade Canaccord Genuity Buy to Hold $61.00 to $48.00
2016-06-16 Reiterated Rating Needham & Company LLC Buy $66.00
2016-06-16 Downgrade Pacific Crest Overweight to Overweight
2016-06-16 Reiterated Rating Brean Capital Buy to Buy $67.00 to $60.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Ali Syed Pres., CEO, Chairman of board 3.54%  (1898101) CAVM /
Hussain Muhammad Raghib Chief Operating Officer 0.66%  (354553) CAVM /
Jain Anil Kumar Corporate VP, IC Engineering 0.17%  (91435) CAVM /
MEHROTRA SANJAY 0.14%  (73011) CAVM / MU / SNDK / WDC /
CHADWICK ARTHUR D VP Finance & Admin CFO 0.11%  (60609) CAVM /
Pangrazio Vincent P SVP & General Counsel 0.08%  (45072) CAVM /
REDDY C N 0.07%  (39614) CAVM /
Khemani Rajiv Chief Operating Officer 0.07%  (35001) CAVM /
Rajan Madjav 0.06%  (30011) CAVM /
Buss Brad W 0.02%  (11503) AAP / CAVM / CY / PRSS / SCTY / TSLA /
THORNLEY ANTHONY S 0.02%  (9011) CAVM / ELY / IMMY / PSMI /
Frank Edward H. 0.02%  (9003) ADI / CAVM / FIO /
Gujral Manoj VP & GM, Broadband & Consumer 0.01%  (5000) CAVM / ISSI /
Pantuso Anthony 0.01%  (3000) CAVM /