DSP Group, Inc., a fabless semiconductor company, provides wireless chipset solutions. It operates through three segments: Home, Unified Communications, and SmartVoice. The Home segment offers wireless chipset solutions for converged communication at home, including integrated circuits for cordless phones, home gateway devices, integrated circuits addressing home automation applications, and fixed-mobile convergence solutions. The Unified Communications segment offers solution for unified communications products, including office solutions that offer businesses VoIP terminals with converged voice and data applications. The SmartVoice segment offers products for the SmartVoice market that provide voice activation and recognition, voice enhancement, always-on and far-end noise elimination that target mobile phones, mobile headsets, and other devices. The company markets and distributes its products through direct sales and marketing offices; and a network of global distributors to original equipment manufacturers and original design manufacturers. It has operations in the United States, Europe, Israel, Hong Kong, China, Japan, South Korea, Taiwan, India, Switzerland, and internationally. DSP Group has collaboration with Cloud of Things to introduce IoT cloud services gateway. DSP Group, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
IPO Year: 1994
Exchange: NASDAQ
Website: dspg.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/31/2021 | Buy → Hold | Lake Street | |
| 8/31/2021 | $24.00 → $22.00 | Outperform → Market Perform | Cowen & Co. |
| 8/31/2021 | Buy → Hold | Needham |
Lake Street downgraded DSP Group from Buy to Hold
Cowen & Co. downgraded DSP Group from Outperform to Market Perform and set a new price target of $22.00 from $24.00 previously
Needham downgraded DSP Group from Buy to Hold
Cowen reiterated coverage of DSP Group with a rating of Outperform and set a new price target of $22.00 from $19.00 previously