Silvaco Group (NASDAQ:SVCO – Get Free Report) posted its 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%. 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 Up 4.3 %
Shares of SVCO traded up $0.25 during midday trading on Wednesday, reaching $6.11. The company had a trading volume of 203,347 shares, compared to its average volume of 172,342. Silvaco Group has a 1-year low of $5.75 and a 1-year high of $21.59. The firm has a 50 day simple moving average of $7.74 and a 200-day simple moving average of $9.63.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on SVCO shares. Craig Hallum lowered 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 note on Wednesday, January 15th. Needham & Company LLC reiterated a “buy” rating and set a $19.00 price target on shares of Silvaco Group in a research report on Wednesday, November 13th. TD Cowen cut their price objective on Silvaco Group from $20.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $18.00 target price on shares of Silvaco Group in a research note on Wednesday, January 15th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $19.67.
Silvaco Group Company Profile
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.
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