Silvaco Group, Inc. (NASDAQ:SVCO – Get Free Report) has been given a consensus recommendation of “Buy” by the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12-month target price among analysts that have covered the stock in the last year is $25.83.
Several research firms have issued reports on SVCO. Rosenblatt Securities reissued a “buy” rating and issued a $26.00 price objective on shares of Silvaco Group in a research report on Tuesday. B. Riley reissued a “buy” rating and issued a $28.00 price objective (up from $26.00) on shares of Silvaco Group in a research report on Friday, June 21st. TD Cowen started coverage on shares of Silvaco Group in a research report on Monday, June 3rd. They issued a “buy” rating and a $23.00 price objective for the company. Craig Hallum started coverage on shares of Silvaco Group in a research report on Tuesday, June 4th. They issued a “buy” rating and a $25.00 price target for the company. Finally, Jefferies Financial Group started coverage on shares of Silvaco Group in a research report on Monday, June 3rd. They issued a “buy” rating and a $25.00 price target for the company.
View Our Latest Stock Analysis on SVCO
Institutional Investors Weigh In On Silvaco Group
Silvaco Group Price Performance
Silvaco Group stock opened at $14.93 on Friday. Silvaco Group has a 1 year low of $13.99 and a 1 year high of $21.59. The firm has a 50-day moving average of $16.50.
Silvaco Group (NASDAQ:SVCO – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.81) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.67) by ($0.14). The business had revenue of $14.96 million for the quarter, compared to the consensus estimate of $14.68 million. As a group, research analysts expect that Silvaco Group will post -0.63 earnings per share for the current fiscal year.
About Silvaco Group
Silvaco Group Inc is a provider of TCAD, EDA software and SIP solutions which enable semiconductor design and AI through software and innovation. The company’s solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things and 5G/6G mobile markets for complex SoC design.
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