Silicon Motion Technology (SIMO) Projected to Announce Quarterly Earnings on Wednesday

Key Points

• Silicon Motion is expected to report Q3 2026 results after market close on October 28. Analysts project earnings of $3.30 per share on $529.11 million in revenue, with a conference call scheduled for October 29.
• The company exceeded expectations in its previous quarter, reporting $2.43 EPS and $451 million in revenue, while revenue surged 127% year over year.
• Analyst sentiment remains bullish: nine analysts rate SIMO a Buy and one a Hold, resulting in a “Moderate Buy” consensus and an average price target of $341.43.

Silicon Motion Technology (NASDAQ:SIMO - Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $3.30 per share and revenue of $529.11 million for the quarter. Interested persons can find conference call details on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMO - Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor producer reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $2.13 by $0.30. The business had revenue of $451.00 million for the quarter, compared to the consensus estimate of $403.41 million. Silicon Motion Technology had a net margin of 22.06% and a return on equity of 32.04%. The company's revenue for the quarter was up 127.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 EPS. On average, analysts expect Silicon Motion Technology to post $10.60 EPS for the current fiscal year and $15.49 EPS for the next fiscal year.

Silicon Motion Technology Stock Performance

NASDAQ SIMO opened at $213.70 on Wednesday. Silicon Motion Technology has a one year low of $79.76 and a one year high of $355.00. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 0.38 and a beta of 1.69. The company's 50-day simple moving average is $256.55 and its two-hundred day simple moving average is $250.42.

Wall Street Analyst Weigh In

SIMO has been the topic of a number of recent analyst reports. Susquehanna upped their price target on Silicon Motion Technology from $275.00 to $350.00 and gave the stock a "positive" rating in a research report on Friday, July 31st. Craig Hallum reissued a "buy" rating and issued a $325.00 price objective on shares of Silicon Motion Technology in a research report on Friday, July 31st. Wall Street Zen cut Silicon Motion Technology from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 15th. Needham & Company LLC boosted their target price on Silicon Motion Technology from $240.00 to $355.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Finally, Roth Capital reaffirmed a "buy" rating and set a $350.00 target price on shares of Silicon Motion Technology in a research report on Thursday, July 30th. Nine research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, Silicon Motion Technology has a consensus rating of "Moderate Buy" and a consensus target price of $341.43.

About Silicon Motion Technology

Silicon Motion Technology Corporation is a fabless semiconductor company that designs, develops and markets NAND flash storage controllers. Its products manage the storage, performance, reliability and power consumption of data stored in NAND flash memory and are used in a range of consumer, mobile, computing and industrial applications.

The company's product portfolio includes controllers for solid-state drives (SSDs), embedded storage products such as eMMC and UFS devices, and other flash-based storage solutions.

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