We obtained several light curves of V957 Cep in 2009, 2011, 2013, 2016, and 2019 at the Crimean Astronomical Station of M.V. Lomonosov Moscow State University and at the Tien Shan Observatory of the V.G. Fesenkov Astrophysical Institute. Using the TESS satellite observations, we found brightness variations of V957 Cep with the period P_p=0.664 d and amplitude A_p=0.0076 mag. For our light curves (2009-2019) and TESS light curves (2019-2020), orbital elements were computed and a new value of the apsidal motion rate d(omega)/dt=1.47 deg +/- 0.15 deg per year was derived. We found a possible light-time effect that can indicate gravitational influence of one or several additional bodies in the system on the central binary.
Based on the currently available data, the amplitude and period of the light-time effect still cannot be reliably estimated.