Previous close | 333.50 |
Open | 320.77 |
Bid | 297.52 x 800 |
Ask | 324.00 x 900 |
Day's range | 315.73 - 334.96 |
52-week range | 198.10 - 658.47 |
Volume | |
Avg. volume | 1,062,934 |
Market cap | 19.125B |
Beta (5Y monthly) | 1.48 |
PE ratio (TTM) | 11.98 |
EPS (TTM) | 26.98 |
Earnings date | 20 Apr 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 10 Feb 1992 |
1y target est | 283.99 |
It's been a treacherous year for the innovation economy as many start-ups saw their valuations take a shellacking. SVB Financial (NASDAQ: SIVB), the parent company to Silicon Valley Bank, saw its shares take a hit in a big way in 2022 as falling tech stock valuations and tepid venture capital markets weigh on the business. SVB Financial's stock is down about 56% from its November 2021 peak and trades near its lowest valuation in a decade.
Things were looking up for banker to the Silicon Valley tech stars SVB Financial Group (NASDAQ: SIVB) this week. Across that stretch, the veteran financier's stock rose by just under 7%, data compiled by S&P Global Market Intelligence reveal. Friday morning before market open, Raymond James' David Long made a heavy lift to his SVB price target.
SVB Financial Group ( NASDAQ:SIVB ) shareholders will doubtless be very grateful to see the share price up 31% in the...