Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 2.12B P/E 16.41 EPS this Y 52.40% Ern Qtrly Grth 179.10%
Income 78.52M Forward P/E 15.88 EPS next Y 35.50% 50D Avg Chg -2.00%
Sales 774.69M PEG 0.80 EPS past 5Y 2.74% 200D Avg Chg -
Dividend 1.00% Price/Book 2.79 EPS next 5Y 22.20% 52W High Chg -34.00%
Recommedations 2.20 Quick Ratio 2.59 Shares Outstanding 33.68M 52W Low Chg 23.00%
Insider Own - ROA 5.10% Shares Float 127.63M Beta 0.82
Inst Own 79.94% ROE 10.17% Shares Shorted/Prior 0.98M/0.93M Price 63.35
Gross Margin 43.93% Profit Margin 10.14% Avg. Volume 1,214,520 Target Price 85.56
Oper. Margin 15.21% Earnings Date Oct 30 Volume 636,570 Change -0.11%
About Silicon Motion Technology Corpo

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. 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; enterprise-grade SSDs used in enterprise and hyperscale 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; and single-chip 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. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.

Silicon Motion Technology Corpo News
09/27/24 3 US Dividend Stocks Yielding Up To 7.2%
09/25/24 Why the Market Dipped But Silicon Motion (SIMO) Gained Today
09/19/24 Silicon Motion (SIMO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
09/17/24 Wall Street Analysts Think Silicon Motion (SIMO) Is a Good Investment: Is It?
09/17/24 Silicon Motion Technology Corporation (SIMO) is Attracting Investor Attention: Here is What You Should Know
09/14/24 Silicon Motion Technology Corp. (SIMO): Best Small Cap Tech Stock to Buy
09/12/24 Silicon Motion (SIMO) Stock Sinks As Market Gains: What You Should Know
09/04/24 Silicon Motion Technology Corporation (SIMO) Is a Trending Stock: Facts to Know Before Betting on It
01:33 PM Is Silicon Motion Technology Corporation (SIMO) the Best Affordable Tech Stock to Buy According to Analysts?
08/26/24 Do Options Traders Know Something About Silicon Motion (SIMO) Stock We Don't?
08/25/24 5 big analyst AI moves: Buy Nvidia stock ahead of earnings; BIDU downgraded
08/17/24 Silicon Motion Technology Corporation (SIMO) Stands Strong Among Debt-Free Stocks
08/14/24 Top Dividend Stocks To Consider In August 2024 US
08/07/24 3 Data Center Stocks Poised to Grow 10X as AI Demand Surges
08/07/24 Silicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024
08/06/24 Here's Why Silicon Motion (SIMO) is a Strong Value Stock
08/06/24 Is There An Opportunity With Silicon Motion Technology Corporation's (NASDAQ:SIMO) 46% Undervaluation?
08/02/24 Silicon Motion (SIMO) Tops Q2 Earnings & Revenue Estimates
08/01/24 Silicon Motion: Q2 Earnings Snapshot
08/01/24 Silicon Motion Announces Results for the Period Ended June 30, 2024
SIMO Chatroom

User Image BinaryLogic Posted - 2 days ago

$NVDA $MU $LI [Correct] Now-look at the stochastics, trailing earnings/forward guidance and fundamentals for $SIMO, and you will see (IMO) 25-50% near term, 100% upside thereafter at $1.0Bils top line run rate, when that occurs.

User Image Article_AI Posted - 2 days ago

$SIMO Craig-Hallum Reaffirms Their Buy Rating on Silicon Motion (SIMO) In a report released today, Anthony Stoss from Craig-Hallum maintained a Buy rating on Silicon Motion (SIMO – Research Report). The company’s share... https://www.stck.pro/news/SIMO/90048952/

User Image SmartM0ver Posted - 4 days ago

$SIMO

User Image Stock4LifeX Posted - 4 days ago

$SIMO

User Image Thestocktraderhubzee Posted - 1 week ago

WATCHLIST SEP 17 2024.. $SIMO Silicon Motion Technology shares are trading lower after Morgan Stanley lowered its price target on the stock from $78 to $65. $RARE Cantor Fitzgerald Reiterates Overweight on Ultragenyx Pharmaceutical, Maintains $116 Price Target $NUVL Guggenheim Maintains Buy on Nuvalent, Raises Price Target to $105 $RRC Morgan Stanley Maintains Underweight on Range Resources, Lowers Price Target to $31 $ORCL Jefferies Maintains Buy on Oracle, Raises Price Target to $190

User Image erevnon Posted - 1 week ago

Morgan Stanley maintains Silicon Motion Technology $SIMO at Overweight and lowers the price target from $78 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image BinaryLogic Posted - 1 week ago

$SIMO $50-55 [As Mentioned] The SP could fall further to $48-50 at that point with 50%+ upside (IMO) near/intermediate term.

User Image BinaryLogic Posted - 2 weeks ago

$SIMO

User Image BinaryLogic Posted - 2 weeks ago

$SIMO The Company beat top/bottom line again in Q2-2024 and raised forward guidance. They have shown a top-line 5YR CAGR of 11%, EBIT~10% and Net Margin the same (10%). They have excellent liquidity (Current>4, Quick>2.5) and consistently generate strong positive free cash flow. They carry enough Cash to clear/offset Total Liabilities and hold effectively no debt. The SP is falling into a known historical support level $50-55 where I re-state 50% upside near/intermediate term and 100% upside (IMO) at $1.0Bils annualized run rate with consistent/improved margins.

User Image FinnProfitGuard6 Posted - 2 weeks ago

$SIMO

User Image Aigner_Andreas Posted - 3 weeks ago

#DeathCross $SIMO at 58.50 R10 HiLo 28% T1Y 104 buy 2.3 DIV 3.67% #Silicon Mo #stocks #trading #finance #market

User Image insidemoney Posted - 1 month ago

$SIMO Silicon Motion Technology 14-Day RSI: 41.5 % from 52-Week Low: +25.5% % from 52-Week High: -27.7% Open Interest: 14,809 % Change: +1% Put/Call Ratio: 0.69 % Change: 0.0%

User Image insidemoney Posted - 1 month ago

$SIMO Silicon Motion Technology 14-Day RSI: 56.8 % from 52-Week Low: +29.4% % from 52-Week High: -25.4% Open Interest: 14,789 % Change: 0% Put/Call Ratio: 0.69 % Change: -1.1%

User Image BinaryLogic Posted - 1 month ago

$SIMO [Good Continuation] I have not changed my PT: $80-83, and I have been consistent about that for some time. The PT revises to $105-115 at $1.0Bils annualized run rate at similar margins long-term. Top/bottom line beats, good YoY improvement, raised forward guidance, no debt with very strong liquidity [Current>4], consistent positive free cash flow and excellent margins [EBITDA~13%, Net Income~10%].

User Image FrnkTss Posted - 1 month ago

$SIMO 200sma here ww https://youtu.be/LsHUc9djdMA

User Image BinaryLogic Posted - 1 month ago

$SIMO [Unbelievable] How in the world is BoA adjusting their PT here to $60.0, I do not know. The stock pulled from an Oversold position as I had highlighted, moved materially on a consistent uptrend following strong ER (top/bottom line beats, improved guidance), and somehow BoA feels the need to cut its PT/Valuation by 33%? I have been consistent here with my short/intermediate PT: $80-83, and I will not let Mr Woo change that interpretation. The Company continues to grow from pandemic, with strong margins, positive/expanding free cash flow, excellent liquidity and no debt of which to speak. Valuation is a little heavy, admittedly - but I am still expecting forward run rate of $1.0Bils here with comparable margins. PT: $105-115 Long Term (IMO).

User Image jParkz Posted - 1 month ago

News out $SIMO BofA downgrades Silicon Motion, slashes price target to $60: Time to sell or hold? https://marketwirenews.com/news-releases/bofa-downgrades-silicon-motion-slashes-price-target--7881085985323811.html $SIMO

User Image Article_AI Posted - 1 month ago

$SIMO BofA downgrades Silicon Motion, slashes price target to $60: Time to sell or hold? Silicon Motion Technology Corp. (NASDAQ: SIMO) is grappling with a significant blow as Bank of America (BofA) downgrades the stock from a Buy to an Underperform rating and slashes its price target from $90 to $60. This drastic revision points to a potential downside of approximately 6. https://www.stck.pro/news/SIMO/87210736/

User Image erevnon Posted - 1 month ago

B of A Securities downgrades Silicon Motion Technology $SIMO from Buy to Underperform and lowers the price target from $90 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image AnaChart Posted - 1 month ago

$SIMO https://anachart.com/wp-content/uploads/ana_temp/1723802564_soc-img.jpg

User Image BinaryLogic Posted - 1 month ago

$SIMO Just cleared Oversold condition on the 1YR Daily, at/near Oversold on the 3YR Weekly. This was a good/strong move upward on the ex-dividend date, no less. 25-50% upside near term still (IMO). PT: $80-85 and PT $105-115 at $1.0Bils annualized run rate. [Growth+Income]

User Image BinaryLogic Posted - 1 month ago

$SIMO I have no problem collecting a dividend while I continue to DCA into a larger position here. [Again] The stock is already Oversold, perhaps falling to $49-52 support level where (IMO) this stock has 50-100% upside intermediate term, as I have said consistently. No debt, excellent liquidity, strong/improving margins and growth (beat+favorable guidance).

User Image BinaryLogic Posted - 1 month ago

$SIMO Nearly 4% dividend yield, 8/08 ex-dividend, oversold on the 1YR Daily and 3YR Weekly with strong trailing earnings and forward guidance. No debt, excellent liquidity (Current~4/Quick~2), good profitability (Net Margin>10%) and top-line growth (5YR CAGR: 11%). PT: $80-85 near term (IMO), Ultimately $105-115 when the Company reaches a $1.0Bils run rate. $49-52 historical support line. Limited further downside risk and 25-50% upside near term, IMO.

User Image BinaryLogic Posted - 1 month ago

@value420 @SparklesMaleModel [Understood] Ex-dividend is quickly approaching at $0.50/sh near term. Look for $49-52 historical support to add/build more substantively (IMO). 50-100% upside from that level. $SIMO

User Image BinaryLogic Posted - 1 month ago

@value420 @SparklesMaleModel $SIMO "Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria" Sir John Templeton

User Image BinaryLogic Posted - 1 month ago

$SIMO The SP is being walked down, incrementally and systematically to $49-52 (IMO). I have seen this story before, and I will continue to add all the way down to that level. Ex-dividend upcoming, financials (actuals+guidance) were strong, excellent liquidity and margins (Net Margin~15%), and no debt. 25-50% upside near/intermediate term (IMO) from this level. PT: $80-85 (Near Term), $105-115 (At $1.0Bils Run Rate)

User Image smartkarma Posted - 1 month ago

$SIMO | Silicon Motion 2Q24 Results Take-Aways: Strong Growth & NAND Flash Market Share Gains Expected "​Silicon Motion sees strong demand for NAND flash controllers from PC and smartphone industries. Expects pricing to improve into 2025E and market share expansion. Maintain Structural Long." - Vincent Fernando, CFA (Zero One) Key Points: * Silicon Motion reported 2Q24 results on Friday, describing strong demand for NAND flash controllers driven by the PC industry and improving demand from the smartphone industry. * The company expects industry NAND flash pricing to continue improving into 2025E. Moreover, SIMO expects to expand its market share for NAND flash controllers by year-end. * Maintain Structural Long rating for SIMO. The recent share price decline is painful for holders however share weakness is an accumulation opportunity with an... Read more: https://www.smartkarma.com/insights/silicon-motion-2q24-results-take-aways-strong-growth-nand-flash-market-share-gains-expected

User Image BinaryLogic Posted - 1 month ago

$SIMO Good earnings, Oversold on 1YR Daily, almost the same on 3YR Weekly. The Company has an excellent balance sheet, good growth trajectory, $0.50 ex-dividend 8/08 (E) and PT: $85 near term. $105-115 PT at $1.0Bils+ run rate if/where achieved. $MXL missed on an excellent acquisition here, even if it was at a premium to near term valuation.

User Image Article_AI Posted - 1 month ago

$SIMO Buy Rating Affirmed for Silicon Motion Technology on Strong Growth Prospects and Strategic Investments Silicon Motion (SIMO – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Quinn Bolton from Nee... https://www.stck.pro/news/SIMO/86535219/

User Image Article_AI Posted - 1 month ago

$SIMO Buy Rating Affirmed for Silicon Motion Amidst Strong Sales and Promising Outlook Simon Woo, an analyst from Bank of America Securities, reiterated the Buy rating on Silicon Motion (SIMO – Research Report). The associated price t... https://www.stck.pro/news/SIMO/86521454/

Analyst Ratings
Morgan Stanley Overweight Sep 16, 24
B of A Securities Underperform Aug 16, 24
B. Riley Securities Buy Aug 5, 24
Needham Buy Jul 8, 24
B. Riley Securities Buy Jul 8, 24
B. Riley Securities Buy Jun 13, 24
B. Riley Securities Buy May 6, 24
Craig-Hallum Buy May 6, 24
Susquehanna Positive May 6, 24