Silvaco Group ( SVCO ) shares rose Monday as traders digested the company’s latest quarterly update and forward outlook.

Earnings Snapshot

The company last week reported fourth-quarter losses of three cents per share, which beat the consensus estimate of a loss of 12 cents. Also, sales of $18.25 million beat the analyst consensus estimate of $16.33 million.

Walden Rhines, Silvaco’s Chief Executive Officer, said it secured its second AI/ML FTCO customer and that this helped push revenue above the high end of its guided range. Meanwhile, cost-reduction efforts landed ahead of expectations with operating expenses coming in below the midpoint of guidance.

Gross bookings fell 10% to $18.3 million in the quarter. The company reported an adjusted operating loss of $1.1 million versus operating income in the prior year quarter.

As of quarter-end, cash, cash equivalents, short-term marketable securities, and restricted cash stood at $18.3 million.

Outlook

The company expects first-quarter sales of $15 million to $19 million, compared with the Street estimate of $15.286 million, and projects bookings in the range of $15 million to $19 million.

It forecasts non-GAAP gross margin of about 85% and non-GAAP operating expenses of $14.5 million to $16.5 million.

Analyst Consensus & Recent Actions

The stock carries a Buy Rating with an average price target of $15.67. Recent analyst moves include:

Needham: Buy (Maintains Target to $10.00) (Mar. 16)

TD Cowen: Buy (Lowers Target to $6.00) (Mar. 13)

Rosenblatt: Buy (Maintains Target to $12.00) (Nov. 4, 2025)

Market Performance

SVCO is trading 43.5% above its 20-day SMA and 14.8% above its 100-day SMA, showing strong short-term extension even as the longer trend is still repairing. Over the past 12 months, the stock is down 4.66%, and it’s currently positioned closer to its 52-week high than its 52-week low.

Momentum is stretched: RSI is at 76.26, which signals overbought conditions after the indicator entered overbought territory on March 13, 2026. MACD is at -0.0468 versus a signal line of -0.1819 (bullish crossover), with a positive histogram of 0.1352 that suggests upside momentum is still pushing.

The combination of overbought RSI (above 70) and bullish MACD suggests mixed momentum, where trend strength is intact but pullback risk is rising if buyers tire.

Key Resistance: $5.00

Key Support: $4.50

SVCO Price Action: Silvaco Group ( SVCO ) shares were up 4.97% at $5.28 at the time of publication on Monday, according to Benzinga Pro data.

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