Silicon Motion Technology (SIMO) to Release Earnings on Wednesday

Key Points

• Silicon Motion Technology is set to report Q2 2026 earnings after market close on Wednesday, July 29, with a conference call scheduled for Thursday, July 30 at 8:00 AM ET.
• Analysts expect the semiconductor company to post $2.13 per share in earnings and $403.41 million in revenue for the quarter. Its last reported quarter beat estimates, with EPS of $1.58 and revenue of $342.11 million.
• The stock has been active recently: shares were up 10.1% in the article, and insiders have sold shares over the past 90 days while analysts currently maintain a Buy consensus rating.

Silicon Motion Technology (NASDAQ:SIMO - Get Free Report) will likely be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Silicon Motion Technology to post earnings of $2.13 per share and revenue of $403.41 million for the quarter. Parties can find conference call details on the company's upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMO - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The semiconductor producer reported $1.58 EPS for the quarter, topping the consensus estimate of $1.31 by $0.27. The firm had revenue of $342.11 million for the quarter, compared to analyst estimates of $299.53 million. Silicon Motion Technology had a return on equity of 20.24% and a net margin of 16.02%.Silicon Motion Technology's revenue for the quarter was up 105.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 EPS. On average, analysts expect Silicon Motion Technology to post $8 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Silicon Motion Technology Stock Up 10.1%

NASDAQ SIMO opened at $278.17 on Wednesday. Silicon Motion Technology has a fifty-two week low of $71.16 and a fifty-two week high of $355.00. The business has a 50 day moving average price of $290.03 and a two-hundred day moving average price of $188.91. The stock has a market cap of $9.43 billion, a PE ratio of 55.30, a P/E/G ratio of 0.56 and a beta of 1.70.

Insider Buying and Selling at Silicon Motion Technology

In other Silicon Motion Technology news, Director Kuan-Ming Lin sold 2,000 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $305.00, for a total transaction of $610,000.00. Following the transaction, the director directly owned 8,500 shares in the company, valued at $2,592,500. This represents a 19.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Han-Ping Shieh sold 1,000 shares of the firm's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $328.00, for a total transaction of $328,000.00. Following the transaction, the director directly owned 7,500 shares of the company's stock, valued at approximately $2,460,000. This represents a 11.76% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,000 shares of company stock worth $1,239,250 over the last ninety days. 5.34% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Silicon Motion Technology

Several large investors have recently modified their holdings of the stock. Pacer Advisors Inc. increased its holdings in Silicon Motion Technology by 80.0% in the fourth quarter. Pacer Advisors Inc. now owns 3,357 shares of the semiconductor producer's stock valued at $311,000 after buying an additional 1,492 shares during the last quarter. XTX Topco Ltd bought a new position in Silicon Motion Technology during the 4th quarter worth approximately $2,953,000. Voloridge Investment Management LLC bought a new position in Silicon Motion Technology during the 4th quarter worth approximately $10,425,000. Sora Investors LLC lifted its holdings in Silicon Motion Technology by 79.2% during the 4th quarter. Sora Investors LLC now owns 128,221 shares of the semiconductor producer's stock worth $11,886,000 after buying an additional 56,687 shares during the last quarter. Finally, Numerai GP LLC acquired a new position in shares of Silicon Motion Technology in the 4th quarter worth approximately $214,000. Institutional investors own 78.02% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Roth Capital reissued a "buy" rating and set a $250.00 target price on shares of Silicon Motion Technology in a research report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on shares of Silicon Motion Technology from $145.00 to $260.00 and gave the company an "overweight" rating in a report on Friday, May 1st. Zacks Research raised shares of Silicon Motion Technology from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 5th. Wall Street Zen lowered shares of Silicon Motion Technology from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 4th. Finally, B. Riley Financial reissued a "buy" rating on shares of Silicon Motion Technology in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $246.43.

About Silicon Motion Technology

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.

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