Silicom - SILC Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" SILC shares.
View SILC analyst ratings or view top-rated stocks.

1 analysts have issued twelve-month price objectives 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 43.8% 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 2023. Since then, SILC shares have decreased by 4.3% and is now trading at $40.33.
View the best growth stocks for 2023 here.

Silicom saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 12,900 shares, an increase of 134.5% from the December 31st total of 5,500 shares. Based on an average daily volume of 19,900 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short.
View Silicom's Short Interest.

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

Silicom Ltd. (NASDAQ:SILC) released its quarterly earnings data on Thursday, October, 28th. The technology company reported $0.52 earnings per share (EPS) 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 12.16% and a trailing twelve-month return on equity of 10.84%.

Silicom updated its first quarter 2023 earnings guidance on Monday, January, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $37.00 million-$38.00 million, compared to the consensus revenue estimate of $37.84 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 a variety of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (0.89%), Allspring Global Investments Holdings LLC (0.78%), Ellsworth Advisors LLC (0.11%) and Concourse Financial Group Securities Inc. (0.00%).

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 $40.33.

Silicom (NASDAQ:SILC) has a market capitalization of $268.19 million and generates $150.58 million in revenue each year. The technology company earns $10.54 million in net income (profit) each year or $2.69 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.