Needham raises SVCO target to $18, stays Buy

Charles Shi at Needham lifted their price target on SVCO to $18 on May 11, rating held at Buy.

Charles has made 13 price-target calls on SVCO that AnaChart has tracked. 4 of 13 were touched by the stock’s price at some point after the call.

The rating count on SVCO runs 5 Buy right now. Price targets run from Krish Sankar‘s $6 at TD Cowen to Craig Ellis‘s $16 at B. Riley. The stock’s most recent close was $11.31.

SVCO price targets: Charles Shi against the highest and lowest current targets on the stock, plotted with the price.

The $18 target is 59% above the stock’s $11.31 close.

FAQ

What is Needham’s price target on SVCO?

Needham’s Charles Shi has a $18 target on SVCO, rated Buy, set May 11, 2026.

How often have Charles Shi’s SVCO price targets been reached?

AnaChart has tracked 13 price-target calls from Charles Shi on SVCO; the stock reached the target in 4 of them (31%).

What is the analyst view on SVCO?

Coverage is split 5 Buy / 0 Hold / 0 Sell, with targets from $6 (TD Cowen) to $16 (B. Riley).