Silvaco Group, Inc. (NASDAQ:SVCO) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Brokerages give Silvaco a consensus recommendation of "Moderate Buy" from five analysts (1 sell, 3 buy, 1 strong buy) with an average one‑year price target of $9.33.
• Silvaco beat the quarter's estimates—EPS of ($0.03) vs. ($0.12) expected and revenue $18.25M vs. $16.38M—but remains unprofitable with a net margin of −65.34% and analysts forecasting FY EPS of −0.76.
• Shares trade around $6.90 (52‑week range $3.07–$7.44) with a market cap of ~$216.94 million and high beta (3.48), while several institutional investors (Alyeska, Lynrock, Vanguard) have recently increased positions.

Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the five analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $9.3333.

A number of equities analysts recently weighed in on SVCO shares. Needham & Company LLC restated a "buy" rating and set a $10.00 target price on shares of Silvaco Group in a research report on Monday, March 16th. Wall Street Zen upgraded shares of Silvaco Group from a "sell" rating to a "hold" rating in a research note on Saturday, March 14th. Weiss Ratings reissued a "sell (e+)" rating on shares of Silvaco Group in a report on Thursday, January 22nd. Finally, TD Cowen cut their price objective on Silvaco Group from $8.00 to $6.00 and set a "buy" rating for the company in a research report on Friday, March 13th.

Silvaco Group Price Performance

Shares of SVCO stock opened at $6.90 on Monday. Silvaco Group has a one year low of $3.07 and a one year high of $7.44. The company's fifty day moving average price is $4.39 and its 200-day moving average price is $4.75. The company has a market capitalization of $216.94 million, a price-to-earnings ratio of -4.89 and a beta of 3.48.

Silvaco Group (NASDAQ:SVCO - Get Free Report) last issued its earnings results on Thursday, March 12th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.09. The company had revenue of $18.25 million during the quarter, compared to the consensus estimate of $16.38 million. Silvaco Group had a negative net margin of 65.34% and a negative return on equity of 23.01%. The company's quarterly revenue was up 2.2% compared to the same quarter last year. Equities research analysts expect that Silvaco Group will post -0.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Silvaco Group

Institutional investors have recently added to or reduced their stakes in the company. Alyeska Investment Group L.P. raised its holdings in Silvaco Group by 267.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 732,824 shares of the company's stock valued at $2,968,000 after buying an additional 533,630 shares during the period. Lynrock Lake LP boosted its stake in Silvaco Group by 132.3% during the fourth quarter. Lynrock Lake LP now owns 472,764 shares of the company's stock worth $1,915,000 after buying an additional 269,283 shares during the period. Vanguard Group Inc. boosted its stake in Silvaco Group by 6.0% during the third quarter. Vanguard Group Inc. now owns 401,649 shares of the company's stock worth $2,173,000 after buying an additional 22,682 shares during the period. Nano Cap New Millennium Growth Fund L P bought a new position in Silvaco Group during the fourth quarter valued at $1,012,000. Finally, Topline Capital Management LLC purchased a new stake in shares of Silvaco Group in the second quarter valued at $1,096,000.

Silvaco Group Company Profile

Silvaco Group, Inc is a provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) solutions. Founded in 1984 and headquartered in Santa Clara, California, the company offers a suite of tools for process and device simulation, circuit design, verification, and physical implementation. Silvaco's core product lines include technology computer-aided design (TCAD) for process modeling, SPICE circuit simulators for analog and digital analysis, and layout and parasitic extraction tools for physical verification.

In addition to its EDA software, Silvaco delivers semiconductor IP in areas such as memory compilers, interface IP (including USB, PCI Express and DDR), and embedded analog/mixed-signal cores.

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