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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
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US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
US consumer confidence tumbles in September as American anxiety about the future grows
3 Household Names With RSIs That Scream Oversold
NASDAQ:SIMO

Silicon Motion Technology (SIMO) Stock Forecast, Price & News

$50.52
-1.53 (-2.94%)
(As of 09/26/2023 ET)
Compare
Today's Range
$50.44
$51.67
50-Day Range
$50.52
$65.35
52-Week Range
$50.44
$95.33
Volume
273,164 shs
Average Volume
346,368 shs
Market Capitalization
$1.69 billion
P/E Ratio
19.21
Dividend Yield
N/A
Price Target
$86.43

Silicon Motion Technology MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
71.1% Upside
$86.43 Price Target
Short Interest
Healthy
2.63% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of Silicon Motion Technology in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
104.58%
From $1.53 to $3.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.92 out of 5 stars

Computer And Technology Sector

85th out of 587 stocks

Semiconductors & Related Devices Industry

21st out of 86 stocks


SIMO stock logo

About Silicon Motion Technology (NASDAQ:SIMO) Stock

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. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company was founded in 1995 and is based in Hong Kong, Hong Kong.

SIMO Price History

SIMO Stock News Headlines

Silicon Motion Shareholder Alert
Silicon Motion Deadline Reminder
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
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Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
12 Best Affordable Tech Stocks To Buy Now
Silicon Motion Shareholder Action Reminder
Silicon Motion Deadline Alert
Silicon Motion Shareholder Notice
See More Headlines
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SIMO Company Calendar

Last Earnings
7/27/2023
Today
9/27/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SIMO
Employees
1,643
Year Founded
1995

Price Target and Rating

Average Stock Price Forecast
$86.43
High Stock Price Forecast
$108.00
Low Stock Price Forecast
$59.00
Forecasted Upside/Downside
+71.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$172.51 million
Pretax Margin
14.62%

Debt

Sales & Book Value

Annual Sales
$716 million
Cash Flow
$5.66 per share
Book Value
$22.17 per share

Miscellaneous

Free Float
31,623,000
Market Cap
$1.69 billion
Optionable
Optionable
Beta
0.93

Social Links

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Key Executives

  • Mr. Chia-Chang Kou (Age 65)
    Founder, Pres, CEO, MD & Director
  • Mr. Riyadh Lai (Age 54)
    Chief Financial Officer
  • Mr. Ken Chen (Age 62)
    VP of Operations
  • Mr. Christopher A. Chaney
    Director of Investor Relations & Strategy
  • Mr. Nelson S. Duann (Age 54)
    Sr. VP of Marketing & R&D and Director
  • Mr. Robert C. Fan (Age 59)
    Pres of SMI USA
  • Ms. Michelle Lin
    VP of Fin. & Corp. Controller
  • Mr. Arthur Yeh (Age 62)
    VP of Sales - Asia & Greater China
  • Mr. Kevin Yeh (Age 59)
    VP of R&D - Algorithm and Technology













SIMO Stock - Frequently Asked Questions

Should I buy or sell Silicon Motion Technology stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SIMO shares.
View SIMO analyst ratings
or view top-rated stocks.

What is Silicon Motion Technology's stock price forecast for 2023?

6 Wall Street research analysts have issued twelve-month price objectives for Silicon Motion Technology's stock. Their SIMO share price forecasts range from $59.00 to $108.00. On average, they anticipate the company's share price to reach $86.43 in the next twelve months. This suggests a possible upside of 71.1% from the stock's current price.
View analysts price targets for SIMO
or view top-rated stocks among Wall Street analysts.

How have SIMO shares performed in 2023?

Silicon Motion Technology's stock was trading at $64.99 at the beginning of 2023. Since then, SIMO shares have decreased by 22.3% and is now trading at $50.52.
View the best growth stocks for 2023 here
.

When is Silicon Motion Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our SIMO earnings forecast
.

How were Silicon Motion Technology's earnings last quarter?

Silicon Motion Technology Co. (NASDAQ:SIMO) released its quarterly earnings results on Thursday, July, 27th. The semiconductor producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by $0.05. The semiconductor producer had revenue of $140.36 million for the quarter, compared to analysts' expectations of $134.93 million. Silicon Motion Technology had a trailing twelve-month return on equity of 11.94% and a net margin of 12.24%.

What ETF holds Silicon Motion Technology's stock ?

Emerge EMPWR Sustainable Emerging Markets Equity ETF holds 184 shares of SIMO stock, representing 2.77% of its portfolio.

Is Silicon Motion Technology a good dividend stock?

Silicon Motion Technology (NASDAQ:SIMO) pays an annual dividend of $0.49 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 18.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SIMO will have a dividend payout ratio of 15.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SIMO.

What is Wallace C. Kou's approval rating as Silicon Motion Technology's CEO?

8 employees have rated Silicon Motion Technology Chief Executive Officer Wallace C. Kou on Glassdoor.com. Wallace C. Kou has an approval rating of 76% among the company's employees.

What other stocks do shareholders of Silicon Motion Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Silicon Motion Technology investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Netflix (NFLX), AbbVie (ABBV), QUALCOMM (QCOM), Visa (V) and Marvell Technology (MRVL).

What is Silicon Motion Technology's stock symbol?

Silicon Motion Technology trades on the NASDAQ under the ticker symbol "SIMO."

Who are Silicon Motion Technology's major shareholders?

Silicon Motion Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include Beryl Capital Management LLC (0.00%), HAP Trading LLC (0.00%), Healthcare of Ontario Pension Plan Trust Fund (2.28%), Bluefin Capital Management LLC (0.00%), Bluefin Capital Management LLC (0.00%) and Maven Securities LTD (0.00%).

How do I buy shares of Silicon Motion Technology?

Shares of SIMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Silicon Motion Technology's stock price today?

One share of SIMO stock can currently be purchased for approximately $50.52.

How much money does Silicon Motion Technology make?

Silicon Motion Technology (NASDAQ:SIMO) has a market capitalization of $1.69 billion and generates $716 million in revenue each year. The semiconductor producer earns $172.51 million in net income (profit) each year or $2.63 on an earnings per share basis.

How many employees does Silicon Motion Technology have?

The company employs 1,643 workers across the globe.

How can I contact Silicon Motion Technology?

Silicon Motion Technology's mailing address is 8F-1 NO. 36 TAIYUAN STREET JHUBEI CITY, HSINCHU COUNTY F5, 302. The official website for the company is www.siliconmotion.com. The semiconductor producer can be reached via phone at (522) 307-4768, via email at ir@siliconmotion.com, or via fax at 852-2307-4368.

This page (NASDAQ:SIMO) was last updated on 9/27/2023 by MarketBeat.com Staff

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