Silvaco Group (NASDAQ:SVCO - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.08), Zacks reports. Silvaco Group had a negative net margin of 84.35% and a negative return on equity of 43.77%. The company had revenue of $17.86 million during the quarter, compared to analyst estimates of $17.85 million. Silvaco Group updated its FY 2025 guidance to 0.070-0.190 EPS and its Q1 2025 guidance to -0.030-0.030 EPS.
Silvaco Group Stock Performance
Shares of SVCO traded down $0.08 during trading on Friday, reaching $4.83. The company's stock had a trading volume of 317,453 shares, compared to its average volume of 186,688. The company has a fifty day moving average of $7.57 and a two-hundred day moving average of $9.40. Silvaco Group has a twelve month low of $4.56 and a twelve month high of $21.59.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on SVCO shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $18.00 target price on shares of Silvaco Group in a research report on Thursday. TD Cowen decreased their price target on Silvaco Group from $15.00 to $12.00 and set a "buy" rating for the company in a report on Thursday. Needham & Company LLC reiterated a "buy" rating and set a $19.00 price objective on shares of Silvaco Group in a research note on Thursday. Finally, Craig Hallum reduced their target price on shares of Silvaco Group from $17.00 to $15.00 and set a "buy" rating on the stock in a research report on Wednesday, January 15th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $19.17.
View Our Latest Stock Analysis on Silvaco Group
Silvaco Group Company Profile
(
Get Free Report)
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.
Read More
Before you consider Silvaco Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silvaco Group wasn't on the list.
While Silvaco Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
