From Yahoo Finance: 2025-06-28 05:15:00

Silvaco Group Inc. (NASDAQ:SVCO) is listed as one of the 10 best debt-free IT penny stocks to buy. Despite a revenue miss in Q1 FY25 due to order delays, TD Cowen analyst Krish Sankar reaffirmed a Buy rating on the stock, with a revised price target of $10 and expectations for 12% revenue growth in CY 2025.

A technician in a lab is working on designing a new semiconductor chip for Silvaco Group Inc. (NASDAQ:SVCO). The company announced an R&D partnership with Fraunhofer ISIT to accelerate the development of next-generation Gallium Nitride (GaN) devices. Strategic acquisitions and growth initiatives are expected to enhance long-term value creation for the company.

Read more: TD Cowen Backs Silvaco’s (SVCO) Growth Outlook, Trims Target to $10