Market Analysts see Silvaco Group Inc. [SVCO] falling to $20. Time to buy?

GBS Stock

Silvaco Group Inc. [NASDAQ: SVCO] closed the trading session at $7.45.

The stocks have a year to date performance of -62.37 percent and weekly performance of -37.86 percent. The stock has performed -50.10 percent around the most recent 30 days and changed -60.60 percent over the most recent 3-months.

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If compared to the average trading volume of 378.70K shares, SVCO reached to a volume of 4366317 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Silvaco Group Inc. [SVCO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SVCO shares is $18.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SVCO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for Silvaco Group Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Oct-17-24. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on June 05, 2024, representing the official price target for Silvaco Group Inc. stock. Previously, the target price had yet another raise to $25, while Craig Hallum analysts kept a Buy rating on SVCO stock.

The Average True Range (ATR) for Silvaco Group Inc. is set at 0.90 The Price to Book ratio for the last quarter was 1.92, with the Price to Cash per share for the same quarter was set at 3.38.

SVCO stock trade performance evaluation

Silvaco Group Inc. [SVCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -37.86.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SVCO stock in for the last two-week period is set at 14.00, with the RSI for the last a single of trading hit 9.71, and the three-weeks RSI is set at 18.09 for Silvaco Group Inc. [SVCO]. The present Moving Average for the last 50 days of trading for this stock 14.46, while it was recorded at 10.97 for the last single week of trading.

Silvaco Group Inc. [SVCO]: An insightful look at the core fundamentals

Silvaco Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.70 and a Current Ratio set at 2.70.

Earnings per share (EPS) analysis for Silvaco Group Inc. [SVCO] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SVCO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Silvaco Group Inc. go to 20.00%.

Silvaco Group Inc. [SVCO]: Institutional Ownership