Silvaco Group, Inc. (NASDAQ:SVCO) Given Average Recommendation of “Buy” by Analysts

Shares of Silvaco Group, Inc. (NASDAQ:SVCO) have been given an average recommendation of “Buy” by the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have issued a report on the stock in the last year is $25.83.

SVCO has been the subject of several research reports. TD Cowen initiated coverage on Silvaco Group in a report on Monday, June 3rd. They issued a “buy” rating and a $23.00 target price for the company. Craig Hallum initiated coverage on Silvaco Group in a report on Tuesday, June 4th. They issued a “buy” rating and a $25.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and issued a $28.00 target price on shares of Silvaco Group in a report on Friday, June 21st. B. Riley reiterated a “buy” rating and issued a $28.00 target price (up from $26.00) on shares of Silvaco Group in a report on Friday, June 21st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $26.00 target price on shares of Silvaco Group in a report on Friday, June 21st.

Silvaco Group Stock Down 1.5 %

SVCO opened at $17.98 on Friday. Silvaco Group has a 52-week low of $15.81 and a 52-week high of $21.59.

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.