IPO Year: 2024
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/5/2024 | $26.00 | Buy | B. Riley Securities |
6/4/2024 | $25.00 | Buy | Craig Hallum |
6/3/2024 | $25.00 | Buy | Jefferies |
6/3/2024 | $23.00 | Buy | TD Cowen |
6/3/2024 | $26.00 | Buy | Rosenblatt |
6/3/2024 | $28.00 | Buy | Needham |
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
4 - Silvaco Group, Inc. (0001943289) (Issuer)
SANTA CLARA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO) ("Silvaco" or the "Company"), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the appointment of Candace Jackson as Senior Vice President, General Counsel and Corporate Secretary, effective September 23, 2024. Ms. Jackson joins Silvaco with 15 years of progressively senior experience, both in-house and in private practice at world-class global law firms. As SVP, General Counsel and Corporate Secretary of Silvaco, she will provide strategic, business-centric, cross-border legal advice acr
SANTA CLARA, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, will release its financial results for the second quarter ended June 30, 2024, after the market close on Wednesday, August 7, 2024. The company will host a conference call at 5:00 p.m. Eastern time to discuss its second quarter 2024 results and third quarter and full year 2024 outlook. A press release highlighting the Company's results along with supplemental financial results will be available at https://investors.silvaco.com/ along with an e
8-K - Silvaco Group, Inc. (0001943289) (Filer)
10-Q - Silvaco Group, Inc. (0001943289) (Filer)
8-K - Silvaco Group, Inc. (0001943289) (Filer)
S-8 POS - Silvaco Group, Inc. (0001943289) (Filer)
8-K - Silvaco Group, Inc. (0001943289) (Filer)
424B3 - Silvaco Group, Inc. (0001943289) (Filer)
424B3 - Silvaco Group, Inc. (0001943289) (Filer)
10-Q - Silvaco Group, Inc. (0001943289) (Filer)
8-K - Silvaco Group, Inc. (0001943289) (Filer)
8-K - Silvaco Group, Inc. (0001943289) (Filer)
SANTA CLARA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO) ("Silvaco" or the "Company"), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the appointment of Candace Jackson as Senior Vice President, General Counsel and Corporate Secretary, effective September 23, 2024. Ms. Jackson joins Silvaco with 15 years of progressively senior experience, both in-house and in private practice at world-class global law firms. As SVP, General Counsel and Corporate Secretary of Silvaco, she will provide strategic, business-centric, cross-border legal advice acr
SANTA CLARA, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco" or the "Company"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that its 2024 TCAD Baseline Release simulation platform with digital twin modeling, provides support for planar CMOS, FinFET and Gate-All-Around (GAA) transistor technologies, enabling semiconductor companies to accelerate technology development. Silvaco's latest TCAD technology platform, enables advanced CMOS Process and Device simulation to support the development of next-generation semiconductor devices. Th
SANTA CLARA, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco" or the "Company"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, announced today that it will be added to the Russell 2000®, Russell 3000® and the Russell Microcap® indexes as part of the Russell indexes' planned third quarter IPO additions. Silvaco is scheduled to be added to these indexes effective Monday, September 23, 2024. "Silvaco's inclusion in these widely tracked Russell indexes represents another important milestone for our company," said Babak Taheri, Silvaco's Chief Executi
Quarterly revenue of $15.0 million, up 19% year-over-year at the high end of guidance Quarterly bookings of $19.5 million, up 36% year-over-year exceeding guidance SANTA CLARA, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco" or the "Company"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced its second quarter 2024 results. "I am thrilled to announce that Silvaco reported strong financial results for its first quarter as a public company," said Babak Taheri, Silvaco's Chief Executive Officer. Dr. Taheri continued, "Our revenue came in
SANTA CLARA, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, will participate in a fireside chat at the Rosenblatt 4th Annual Technology Summit on Monday, August 19, at 4 p.m. Eastern time. A live webcast, as well as a replay, of the presentation will be available on the company's investor relations website at https://investors.silvaco.com/. Date: Monday, August 19, 2024Time: 4:00 p.m. Eastern timeWebcast: Here (live and replay) About SilvacoSilvaco is a provider of TCAD, EDA software, and SIP solutio
SANTA CLARA, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, will release its financial results for the second quarter ended June 30, 2024, after the market close on Wednesday, August 7, 2024. The company will host a conference call at 5:00 p.m. Eastern time to discuss its second quarter 2024 results and third quarter and full year 2024 outlook. A press release highlighting the Company's results along with supplemental financial results will be available at https://investors.silvaco.com/ along with an e
SANTA CLARA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, announced an update to the pending litigation regarding Silvaco, Inc. v. Ole Christian Andersen et al relating to the acquisition of Nangate Denmark ApS ("Nangate") in 2018 (the "Nangate Litigation"), which pre-dates the current management team. The case was tried in the Superior Court of the State of California, and a jury verdict was delivered on July 23, 2024. After deliberations, the jury awarded Nangate $11.3 million in damages under the breach of con
SANTA CLARA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco" or the "Company"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced its first quarter 2024 results. "Having successfully completed our IPO on May 13th, we are excited to embark on our journey as a public company," said Babak Taheri, Silvaco's Chief Executive Officer. Dr. Taheri continued, "I am pleased with our first quarter results which were driven by strong demand for our TCAD and EDA products across various sectors. With our proven software platform, we continue to capi
Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced multiple initiatives to address the industry's talent shortage and foster development of skills to enable students to pursue careers in the semiconductor field. Silvaco is pleased to announce a strategic partnership with Purdue University, Stanford University, and Arizona State University to help overcome the talent shortage that has been a persistent challenge for the semiconductor industry. These collaborations with recognized universities in the field are focused on enhancing ed
SANTA CLARA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced it intends to file its Quarterly Report on Form 10-Q for the period ended March 31, 2024, and release financial results for the first quarter, along with its outlook for the second quarter and full year 2024, via press release, before the market opens on Thursday, June 20, 2024. The Form 10-Q and earnings release will be available on the SEC website at SEC.gov and the Silvaco investor relations website at investors.silvaco.com.
SC 13G/A - Silvaco Group, Inc. (0001943289) (Subject)
SC 13G - Silvaco Group, Inc. (0001943289) (Subject)
B. Riley Securities initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $26.00
Craig Hallum initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $25.00
Jefferies initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $25.00
TD Cowen initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $23.00
Rosenblatt initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $26.00
Needham initiated coverage of Silvaco Group with a rating of Buy and set a new price target of $28.00
Small-cap semiconductor designer Silvaco Group Inc (NASDAQ:SVCO) reported its quarterly earnings on Thursday, June 20, which triggered some volatility in its shares. The results came amid an exciting earnings season. Here are some key analyst takeaways. Check out other analyst stock ratings. B Riley Securities analyst Craig Ellis maintained a Buy rating, while raising the price target from $26 to $28. Needham analyst Charles Shi reiterated a Buy rating and price target of $28. B Riley Securities: Silvaco managed to significantly outperform earnings expectations, despite in-line sales, Ellis said in a note. Bookings came in at $16.1 million and revenues at $15.9 million, repr
B. Riley Securities analyst Craig Ellis reiterates Silvaco Group (NASDAQ:SVCO) with a Buy and raises the price target from $26 to $28.
Rosenblatt analyst Blair Abernethy maintains Silvaco Group (NASDAQ:SVCO) with a Buy and maintains $26 price target.
Needham analyst Charles Shi reiterates Silvaco Group (NASDAQ:SVCO) with a Buy and maintains $28 price target.
For full year 2024, the Company expects: Revenue of $63.0 million to $66.0 million, which would represent a 16% to 22% increase from 2023. Gross bookings of $64.0 million to $68.0 million, which would represent an 10% to 17% increase from 2023. Non-GAAP gross margin to be in the range of 85% to 87%. Non-GAAP operating income of $8.0 million to $11.0 million, which would represent an 82% to 150% increase from 2023.
Based on current business trends and conditions, the Company expects for second quarter 2024 the following: Revenue in the range of $14.3 million to $15.0 million, which would represent a 14% to 20% increase from the second quarter of 2023. Gross bookings in the range of $17.0 million to $18.5 million, which would represent a 18% to 29% increase from the second quarter of 2023. Non-GAAP gross margin to be in the range of 85% to 87%. Non-GAAP operating income in the range of $0.5 million to $1.5 million, which would represent a 62% to 185% increase from the second quarter of 2023.
B. Riley Securities analyst Craig Ellis initiates coverage on Silvaco Group (NASDAQ:SVCO) with a Buy rating and announces Price Target of $26.
Craig-Hallum analyst Christian Schwab initiates coverage on Silvaco Group (NASDAQ:SVCO) with a Buy rating and announces Price Target of $25.
Rosenblatt analyst Blair Abernethy initiated coverage on Silvaco Group Inc (NASDAQ:SVCO) with a Buy rating and a price target of $26. According to Abernethy, Silvaco, which conducted its initial public offering (IPO) in early May, will continue to benefit from the secular tailwinds driving the electronic design automation (EDA) software market. It is well-positioned to leverage its established technology computer-aided design (TCAD)/EDA software tool franchise to drive healthy organic revenue growth with improving operating margins over the medium term. Silvaco holds a strong TCAD market position in the display, memory, and power markets, with opportunities for additional growth from i