3 days Ago By ABMN Staff
Shares of Silvaco Group, Inc. ( NASDAQ:SVCO – Get Free Report ) have received an average rating of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports.
Six investment analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $25.83.
Several analysts have recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and issued a $28.00 price target on shares of Silvaco Group in a research report on Friday, June 21st.
Craig Hallum assumed coverage on shares of Silvaco Group in a report on Tuesday, June 4th. They set a “buy” rating and a $25.00 target price on the stock.
B. Riley reaffirmed a “buy” rating and issued a $28.00 price target (up from $26.
00) on shares of Silvaco Group in a report on Friday, June 21st. Jefferies Financial Group assumed coverage on Silvaco Group in a research note on Monday, June 3rd. They set a “buy” rating and a $25.
00 price objective on the stock. Finally, Rosenblatt Securities reissued a “buy” rating and set a $26.00 price objective on shares of Silvaco Group in a report on Friday, June 21st.
Get Our Latest Stock Report on SVCO Silvaco Group Price Performance Silvaco Group ( NASDAQ:SVCO – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.81) earnings per share for the quarter, missing the consensus estimate of ($0.
67) by ($0.14). The firm had revenue of $14.
96 million during the quarter, compared to the consensus estimate of $14.68 million. On average, equities research analysts predict that Silvaco Group will post -0.
63 EPS for the current fiscal year. Institutional Investors Weigh In On Silvaco Group Several large investors have recently added to or reduced their stakes in SVCO. Ghisallo Capital Management LLC purchased a new stake in shares of Silvaco Group in the 2nd quarter valued at about $899,000.
Point72 Asset Management L.P. bought a new position in shares of Silvaco Group in the second quarter worth approximately $1,182,000.
Lynrock Lake LP purchased a new stake in Silvaco Group in the second quarter valued at approximately $3,596,000. Squarepoint Ops LLC bought a new stake in Silvaco Group during the second quarter valued at approximately $640,000. Finally, Cubist Systematic Strategies LLC purchased a new position in Silvaco Group in the 2nd quarter worth approximately $366,000.
About Silvaco Group ( Get Free Report 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. Further Reading Receive News & Ratings for Silvaco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silvaco Group and related companies with MarketBeat.
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