Silicom (SILC) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silicom in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SILC shares.
View SILC analyst ratings or view top-rated stocks.

1 analysts have issued twelve-month price targets for Silicom's stock. Their SILC share price forecasts range from $58.00 to $58.00. On average, they expect the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 61.1% from the stock's current price.
View analysts price targets for SILC or view top-rated stocks among Wall Street analysts.

Silicom's stock was trading at $42.15 at the beginning of the year. Since then, SILC stock has decreased by 14.6% and is now trading at $36.00.
View the best growth stocks for 2023 here.

Silicom saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 9,000 shares, a decrease of 21.1% from the April 30th total of 11,400 shares. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company's shares are short sold.
View Silicom's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our SILC earnings forecast.

Silicom Ltd. (NASDAQ:SILC) posted its earnings results on Thursday, October, 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.07. The technology company had revenue of $32.88 million for the quarter. Silicom had a net margin of 12.63% and a trailing twelve-month return on equity of 11.23%.

ETFs with the largest weight of Silicom (NASDAQ:SILC) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) and BlueStar Israel Technology ETF (ITEQ).Defiance Next Gen Connectivity ETF (FIVG).

Silicom issued an update on its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $38.00 million-$39.00 million, compared to the consensus revenue estimate of $38.76 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Silicom investors own include Orbotech (ORBK), Protalix BioTherapeutics (PLX), Spectrum Pharmaceuticals (SPPI), Pfizer (PFE), SCYNEXIS (SCYX), Alexion Pharmaceuticals (ALXN), Boeing (BA), Alibaba Group (BABA), Caterpillar (CAT) and General Electric (GE).

Silicom trades on the NASDAQ under the ticker symbol "SILC."

Silicom's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (9.19%), Systematic Financial Management LP (8.83%), First Wilshire Securities Management Inc. (8.67%), Acuitas Investments LLC (2.63%), Acadian Asset Management LLC (2.45%) and AWH Capital L.P. (1.60%).

Shares of SILC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SILC stock can currently be purchased for approximately $36.00.

Silicom (NASDAQ:SILC) has a market capitalization of $243.36 million and generates $150.58 million in revenue each year. The technology company earns $18.31 million in net income (profit) each year or $2.89 on an earnings per share basis.

The company employs 292 workers across the globe.

Silicom's mailing address is 14 ATIR YEDA ST., KFAR-SAVA L3, 4464323. The official website for the company is www.silicom-usa.com. The technology company can be reached via phone at (729) 764-4555, via email at silicom@gkir.com, or via fax at 972-9765-1977.