Silvaco Group, Inc. (NASDAQ:SVCO) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts hold a “Moderate Buy” consensus on Silvaco Group, with three buy ratings, one strong-buy rating and one sell rating. The average 12-month price target is $12.67, compared with the stock’s recent price of $6.84.
• Silvaco reported quarterly EPS of $0.01, matching expectations, while revenue of $17.81 million slightly missed the $17.90 million consensus estimate. Analysts expect a full-year loss of approximately $0.23 per share.
• Institutional interest has increased, including new stakes by BlackRock and Algert Global and a significant holding increase by Walleye Capital, though the company remains unprofitable with a negative net margin of 30.43%.

Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $12.6667.

A number of research firms recently issued reports on SVCO. Rosenblatt Securities restated a "buy" rating and set a $14.00 price objective on shares of Silvaco Group in a research report on Friday, August 7th. Weiss Ratings raised Silvaco Group from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Friday, July 10th.

Silvaco Group Price Performance

Shares of NASDAQ SVCO opened at $6.84 on Monday. The firm's 50-day moving average price is $7.44 and its two-hundred day moving average price is $8.61. Silvaco Group has a 52-week low of $3.07 and a 52-week high of $14.39. The stock has a market capitalization of $231.78 million, a P/E ratio of -9.50 and a beta of 0.58.

Silvaco Group (NASDAQ:SVCO - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $17.81 million during the quarter, compared to analyst estimates of $17.90 million. Silvaco Group had a negative return on equity of 15.29% and a negative net margin of 30.43%. As a group, equities research analysts expect that Silvaco Group will post -0.23 earnings per share for the current year.

Institutional Trading of Silvaco Group

A number of large investors have recently modified their holdings of SVCO. Walleye Capital LLC boosted its stake in Silvaco Group by 2,239.8% during the 1st quarter. Walleye Capital LLC now owns 263,152 shares of the company's stock valued at $1,863,000 after purchasing an additional 251,905 shares during the period. Lepercq De Neuflize Asset Management LLC bought a new position in Silvaco Group in the 4th quarter worth about $357,000. BlackRock Inc. acquired a new stake in shares of Silvaco Group in the second quarter valued at approximately $11,080,000. Bank of America Corp DE increased its stake in shares of Silvaco Group by 627.6% in the first quarter. Bank of America Corp DE now owns 171,762 shares of the company's stock valued at $1,216,000 after purchasing an additional 148,156 shares during the period. Finally, Algert Global LLC bought a new stake in shares of Silvaco Group during the second quarter valued at approximately $4,962,000.

About Silvaco Group

Silvaco Group, Inc is a semiconductor design software and intellectual property company that provides electronic design automation (EDA) and technology computer-aided design (TCAD) solutions. Its software helps semiconductor manufacturers and chip designers model, develop, verify and optimize semiconductor devices and integrated circuits before production.

The company's offerings include tools for process and device simulation, analog and mixed-signal circuit design, semiconductor manufacturing analysis, and design-rule and modeling workflows.

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