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
Silicon Motion Technology (NASDAQ:SIMO) and Nextracker (NASDAQ:NXT) are both mid-cap electronic equipment companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and valuation.
Silicon Motion Technology has a beta of 0.85, indicating that its share price is 15% less volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.25, indicating that its share price is 125% more volatile than the S&P 500.
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.
In the previous week, Nextracker had 8 more articles in the media than Silicon Motion Technology. MarketBeat recorded 17 mentions for Nextracker and 9 mentions for Silicon Motion Technology. Nextracker's average media sentiment score of 0.86 beat Silicon Motion Technology's score of 0.61 indicating that Nextracker is being referred to more favorably in the news media.
Silicon Motion Technology currently has a consensus price target of $83.89, indicating a potential upside of 11.93%. Nextracker has a consensus price target of $60.33, indicating a potential downside of 8.95%. Given Silicon Motion Technology's stronger consensus rating and higher probable upside, research analysts clearly believe Silicon Motion Technology is more favorable than Nextracker.
78.0% of Silicon Motion Technology shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 5.3% of Silicon Motion Technology shares are owned by insiders. Comparatively, 0.6% of Nextracker shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers 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.
Summary
Nextracker beats Silicon Motion Technology on 12 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 7/5/2025 by MarketBeat.com Staff
