B. Riley began coverage on shares of Silvaco Group (NASDAQ:SVCO - Get Free Report) in a research note issued to investors on Wednesday, Marketbeat reports. The brokerage set a "buy" rating and a $26.00 price target on the stock. B. Riley's price objective would suggest a potential upside of 59.12% from the company's current price.
Several other brokerages also recently weighed in on SVCO. Craig Hallum initiated coverage on shares of Silvaco Group in a research note on Tuesday. They issued a "buy" rating and a $25.00 target price for the company. Rosenblatt Securities initiated coverage on shares of Silvaco Group in a research note on Monday. They issued a "buy" rating and a $26.00 target price for the company. TD Cowen initiated coverage on shares of Silvaco Group in a research note on Monday. They issued a "buy" rating and a $23.00 target price for the company. Jefferies Financial Group initiated coverage on shares of Silvaco Group in a research note on Monday. They issued a "buy" rating and a $25.00 target price for the company. Finally, Needham & Company LLC initiated coverage on shares of Silvaco Group in a research note on Monday. They issued a "buy" rating and a $28.00 target price for the company. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $25.50.
Check Out Our Latest Stock Analysis on SVCO
Silvaco Group Price Performance
Shares of Silvaco Group stock traded down $0.82 during trading hours on Wednesday, hitting $16.34. The company's stock had a trading volume of 225,602 shares, compared to its average volume of 220,283. Silvaco Group has a 1-year low of $15.81 and a 1-year high of $21.59.
Silvaco Group Company Profile
(
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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
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