SIMO vs. NXT, QRVO, OLED, LITE, ALGM, SITM, TSEM, LPL, PI, and VIAV
Should you be buying Silicon Motion Technology stock or one of its competitors? The main competitors of Silicon Motion Technology include Nextracker (NXT), Qorvo (QRVO), Universal Display (OLED), Lumentum (LITE), Allegro MicroSystems (ALGM), SiTime (SITM), Tower Semiconductor (TSEM), LG Display (LPL), Impinj (PI), and Viavi Solutions (VIAV). These companies are all part of the "electronic equipment" industry.
Silicon Motion Technology vs. Its Competitors
Nextracker (NASDAQ:NXT) and Silicon Motion Technology (NASDAQ:SIMO) are both mid-cap electronic equipment companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, profitability, institutional ownership, analyst recommendations, valuation, dividends, media sentiment and risk.
In the previous week, Nextracker had 2 more articles in the media than Silicon Motion Technology. MarketBeat recorded 15 mentions for Nextracker and 13 mentions for Silicon Motion Technology. Nextracker's average media sentiment score of 0.98 beat Silicon Motion Technology's score of 0.64 indicating that Nextracker is being referred to more favorably in the media.
Nextracker has a beta of 2.26, indicating that its stock price is 126% more volatile than the S&P 500. Comparatively, Silicon Motion Technology has a beta of 0.85, indicating that its stock price is 15% less volatile than the S&P 500.
67.4% of Nextracker shares are owned by institutional investors. Comparatively, 78.0% of Silicon Motion Technology shares are owned by institutional investors. 0.6% of Nextracker shares are owned by insiders. Comparatively, 5.3% of Silicon Motion Technology shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Nextracker has higher revenue and earnings than Silicon Motion Technology. Nextracker is trading at a lower price-to-earnings ratio than Silicon Motion Technology, indicating that it is currently the more affordable of the two stocks.
Nextracker has a net margin of 17.21% compared to Silicon Motion Technology's net margin of 12.06%. Nextracker's return on equity of 38.87% beat Silicon Motion Technology's return on equity.
Nextracker currently has a consensus target price of $60.33, indicating a potential upside of 4.89%. Silicon Motion Technology has a consensus target price of $83.89, indicating a potential upside of 12.92%. Given Silicon Motion Technology's stronger consensus rating and higher probable upside, analysts clearly believe Silicon Motion Technology is more favorable than Nextracker.
Summary
Nextracker beats Silicon Motion Technology on 11 of the 17 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SIMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Silicon Motion Technology Competitors List
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This page (NASDAQ:SIMO) was last updated on 7/2/2025 by MarketBeat.com Staff
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