Charles Shi, an analyst from Needham, maintained the Buy rating on Silvaco Group, Inc.. The associated price target is $10.00.
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Charles Shi has given his Buy rating due to a combination of factors including Silvaco Group, Inc.’s recent financial performance and strategic changes under new management. The company reported third-quarter results with revenue exceeding expectations, primarily driven by a substantial increase in the EDA segment. This growth was attributed to significant renewals from the PPC segment, which was recently acquired.
Despite a forecasted decline in fourth-quarter revenue, the new CEO and CFO, who joined in late 2025, are expected to bring operational discipline and efficiency improvements. These strategic initiatives aim to refocus the company on key growth areas, which supports the Buy rating and the maintenance of a $10 price target.
In another report released yesterday, B. Riley Securities also maintained a Buy rating on the stock with a $12.00 price target.
SVCO’s price has also changed slightly for the past six months – from $4.470 to $4.310, which is a -3.58% drop .