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NASDAQ:SIMOSilicon Motion Technology Price Target & Analyst Ratings

+0.22 (+0.55 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $39.91
50-Day Range
MA: $43.94
52-Week Range
Now: $39.91
Volume230,800 shs
Average Volume356,060 shs
Market Capitalization$1.46 billion
P/E Ratio16.70
Dividend Yield3.48%

Analyst Ratings

Silicon Motion Technology (NASDAQ:SIMO) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
12 Wall Street analysts have issued ratings and price targets for Silicon Motion Technology in the last 12 months. Their average twelve-month price target is $52.73, suggesting that the stock has a possible upside of 32.12%. The high price target for SIMO is $60.00 and the low price target for SIMO is $39.00. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyHold
Consensus Rating Score: 2.582.582.582.45
Ratings Breakdown: 0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $52.73$53.45$53.09$54.11
Price Target Upside: 32.12% upside20.42% upside16.99% upside15.03% upside

Silicon Motion Technology (NASDAQ:SIMO) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Silicon Motion Technology (NASDAQ:SIMO) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/30/2020Susquehanna BancsharesReiterated RatingHold$45.00Medium
7/30/2020Royal Bank of CanadaReiterated RatingHold$45.00Medium
7/30/2020Needham & Company LLCLower Price TargetBuy$62.00 ➝ $55.00Medium
6/22/2020CowenBoost Price TargetOutperform$54.00 ➝ $60.00Medium
4/30/2020B. RileyBoost Price TargetBuy$55.00 ➝ $58.00Medium
4/29/2020Craig HallumReiterated RatingBuy$50.00 ➝ $55.00High
3/26/2020Bank of AmericaUpgradeUnderperform ➝ Buy$45.00Low
2/9/2020Nomura SecuritiesReiterated RatingBuy$60.00High
2/7/2020Summit InsightsDowngradeBuy ➝ HoldMedium
1/8/2020Roth CapitalBoost Price TargetBuy$55.00 ➝ $60.00High
10/22/2019WedbushInitiated CoverageNeutral$39.00Medium
9/10/2019KeyCorpSet Price TargetHold$58.00Low
8/1/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$50.00 ➝ $40.00Medium
4/22/2019Morgan StanleyDowngradeEqual Weight ➝ UnderweightHigh
11/1/2018Lake Street CapitalSet Price TargetBuy$46.00High
6/22/2018BenchmarkInitiated CoverageBuy$62.00Medium
1/16/2018UBS GroupDowngradePositive ➝ NeutralHigh
12/7/2017Summit RedstoneUpgradeHold ➝ BuyLow
10/29/2017Northland SecuritiesReiterated RatingBuy$60.00N/A
10/9/2017Loop CapitalBoost Price TargetBuy$51.00 ➝ $59.00N/A
8/30/2017Standpoint ResearchUpgradeReduce ➝ BuyHigh
(Data available from 8/14/2018 forward)
This page was last updated on 8/14/2020 by MarketBeat.com Staff

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