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 46.70% Ern Qtrly Grth -10.40%
Income 52.87M Forward P/E 15.88 EPS next Y 39.60% 50D Avg Chg -2.00%
Sales 639.14M PEG 4.60 EPS past 5Y 5.13% 200D Avg Chg -
Dividend 1.00% Price/Book 2.79 EPS next 5Y 5.00% 52W High Chg -34.00%
Recommedations 2.00 Quick Ratio 2.39 Shares Outstanding 33.41M 52W Low Chg 23.00%
Insider Own - ROA 2.87% Shares Float 126.83M Beta 0.84
Inst Own 80.14% ROE 7.21% Shares Shorted/Prior 1.05M/1.05M Price 63.35
Gross Margin 42.93% Profit Margin 8.27% Avg. Volume 1,214,520 Target Price 82.13
Oper. Margin 9.36% Earnings Date May 2 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. 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.

Silicon Motion Technology Corpo News
03/24/24 12 Best Data Center Stocks To Buy According to Analysts
03/21/24 7 Struggling Semiconductor Stocks to Sell in March
03/13/24 Silicon Motion (SIMO) Boosts Portfolio With Innovative Launches
03/12/24 Silicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive Applications
03/01/24 2 Small AI Stocks to Buy for 2024 and Beyond
02/09/24 Don't Overlook These Highly Ranked Stocks After Earnings
02/08/24 Silicon Motion Technology Corporation (NASDAQ:SIMO) Q4 2023 Earnings Call Transcript
02/08/24 Best Income Stocks to Buy for February 8th
02/07/24 Silicon Motion (SIMO) Q4 Earnings & Revenues Beat Estimates
02/06/24 Silicon Motion Announces Results for the Period Ended December 31, 2023
02/05/24 Silicon Motion Confirms Quarterly Dividend
01/31/24 SIMO or NVMI: Which Is the Better Value Stock Right Now?
01/30/24 3 Reasons Growth Investors Will Love Silicon Motion (SIMO)
01/30/24 The Zacks Analyst Blog Highlights Silicon Motion Technology, NVIDIA, Allegro MicroSystems and Ambarella
01/29/24 Zacks Value Trader Highlights: Dell Technologies, International Business Machines, Silicon Motion Technology, Zoom Video Communications and NetApp
01/26/24 Should You Quit Value Investing?
01/15/24 SIMO vs. NVMI: Which Stock Is the Better Value Option?
01/12/24 Here is Why Growth Investors Should Buy Silicon Motion (SIMO) Now
01/12/24 Silicon Motion (SIMO) Just Flashed Golden Cross Signal: Do You Buy?
01/05/24 Silicon Motion Announces Preliminary Fourth Quarter 2023 Revenue and Earnings Conference Call Details
SIMO Chatroom

User Image BinaryLogic Posted - 6 days ago

$SIMO

User Image Avocado_smash Posted - 1 week ago

$SIMO $MPWR $TSM

User Image G101SPM Posted - 1 week ago

$SIMO $78.68.... SELL/TAKE PROFIT on balance of position. DAC (dollar average cost) $65.45 (2.7.24).

User Image G101SPM Posted - 1 week ago

$SIMO $73.00 +1.19 bid. DAC (dollar average cost*) $65.45 (2.7.24) * Excluding profit of 1/2 position sale on 3.5.24. EXIT $85.00

User Image TheTradeXchange Posted - 2 weeks ago

$SIMO - Silicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive Applications

User Image Stock_Titan Posted - 2 weeks ago

$SIMO Silicon Motion Unveils 6nm UFS 4.0 Controller for AI Smartphones, Edge Computing and Automotive Applications https://www.stocktitan.net/news/SIMO/silicon-motion-unveils-6nm-ufs-4-0-controller-for-ai-smartphones-fo6aj4ptombj.html

User Image SparklesMaleModel Posted - 2 weeks ago

$SIMO

User Image Galactic_Stock_Savant Posted - 3 weeks ago

$SIMO undervalued

User Image G101SPM Posted - 3 weeks ago

$SIMO $70.59... SELL 1/2 of POSITION/TAKE PROFIT DAC (dollar average cost) $65.45. (2.7.24). note: Adjustment to maintain 30% cash reserve.

User Image SparklesMaleModel Posted - 3 weeks ago

$SIMO I just bought some shares this is looking like a nice set up

User Image BinaryLogic Posted - 3 weeks ago

$SIMO

User Image Galactic_Stock_Savant Posted - 3 weeks ago

$SIMO this stocks just as undervalued as my $dell callout was a month ago simo should be 95-100 bucks minimum

User Image WhisperNumber Posted - 1 month ago

$AMBA #earnings after close, the expectation from the WhisperNumber community is -$0.27, 6c ahead of analyst estimates. Earnings came in $0.05 ahead of the whisper last quarter. 75% beat rate. Implied movement +/-11.2%. http://www.whispernumber.com #options $SIMO $SITM

User Image stocktwitsoptions Posted - 1 month ago

$IMOS $SIMO $FORM undervalued compared to $NVDA

User Image G101SPM Posted - 1 month ago

$SIMO $68.90 +1.23. DAC $65.45. EXIT $85.00. OVERVIEW FROM THE OTHER SIDE: Craig Hallum raises their SIMO tgt to $80 from $75. Analyst Anthony Stoss added, "We believe SIMO is becoming an AI play as new product design wins targeted at edge AI applications should boost revenues significantly exiting 2024 and into 2025. SIMO is now sampling their enterprise chip solution to 12 customers within the data center and hyperscaler space, with already one design win and another expected to come 2H24. We highlight the company's MonTitan enterprise solution is attractive vs peers as it offers higher performance at lower power consumption and ties in QLC support (next gen NAND) which SIMO has extensive experience with. ~$3M per quarter. This process likely takes 12-18 months. Overall, we see upside for investors in owning SIMO as management is gaining more visibility, margins are expected to increase, and the company becomes a full-fledged edge AI play in 2024.

User Image BasedInvestor Posted - 1 month ago

$SIMO Huge wave of call options spotted on bullflow

User Image Caligrlsd Posted - 1 month ago

$SIMO something going on? Shows no volume today. I clearly bought some earlier today. It look stuck.

User Image Jamath79 Posted - 1 month ago

$SIMO come on

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO people fighting over $ARM when silicon motion should be doing the same thing 2 billion float at silicon motion 150 billion float at arm You wanna see parabolic?? Buy SIMO

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO silicon motion taking off $ARM $NVDA $SPY 🚀🚀🚀🚀 engage the booster clips she’s a low floater

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO headed over 70 today $ARM $NVDA

User Image Galactic_Stock_Savant Posted - 1 month ago

$ARM selling all my arm for $SIMO mere 2 billion float Arm is a 150 billion float Your gonna shit yourself when you see how fast Simo semiconductor moves

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO $ARM kick in ass

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO $ARM $TSM holy cow what a day three beasts

User Image smartkarma Posted - 1 month ago

$SIMO | Silicon Motion Memory Readthrough: NAND Flash to Remain In Shortage; Up-Cycle to Persist "​Silicon Motion beats expectations and predicts strong growth for NAND flash in 2024E and 2025E plus new enterprise data center products. #SiliconMotion #growth #memorydemand #NANDFlash" - Vincent Fernando, CFA (Zero One) Key Points: * Silicon Motion reported results last week that beat consensus; Moreover, the company expects strong growth not just in 2024E, but also in 2025E. * The company's growth will significantly exceed PC and mobile phone market growth thanks to strong memory demand trends within these segments. * The company sees NAND Flash in shortage into 2025E based on visibility into its client ecosystem. We continue to view SIMO as a next-wave play on the Memory recovery. Read more: https://www.smartkarma.com/insights/silicon-motion-memory-readthrough-nand-flash-to-remain-in-shortage-up-cycle-to-persist

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO The company faced a loss from the settlement of litigation the market will have a short term memory to this now that it is past them The SSD controller segment's Q/Q growth of 15% to 20% is significant, as SSDs are a crucial component in computing devices. The demand for faster data processing and storage solutions is likely driving this growth. The eMMC+UFS controller sales show an even more substantial increase of 25% to 30% Q/Q and 20% to 25% Y/Y, which may reflect the growing adoption of these storage formats in mobile devices and the broader electronics market $ARM $TSM

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO for some reason this name hasn’t caught fire meanwhile random semis like $ARM and $TSM are exploding Silicon Motion (simo) makes more money than ARM and nearly the same as TSM and are a mere 2 billion market cap Arm is 120 billion market cap Tsm is 500 billion market cap It makes no sense why simo hasn’t exploded

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO 🚨 50 PERCENT GROWTH🚨 Silicon Motion sees FY24 revenue $765M-$800M, consensus $767.71M Sees FY24 GAAP gross margin 44.9%-46.9% or non-GAAP 45.0%-47.0%; and GAAP operating margin 10.4%-12.8% and non-GAAP 14.7%-16.7%. "We expect sustained growth across our business in 2024, driven by wins with our module maker customers and significant design wins and share gains with our flash maker customers, as they look to outsource more controllers to effectively address a broader range of end-markets," said Wallace Kou, President and CEO of Silicon Motion. "We are confident that our strong backlog and project ramps will be the foundation for strong growth this year. These new wins for our eMMC+UFS and SSD controllers will grow our relationship with our flash maker partners this year and increase revenue from these customers by approximately 50%."

User Image Galactic_Stock_Savant Posted - 1 month ago

$SIMO things are heating up at silicon motion $NVDA $SPY $ARM

User Image Stocktwits Posted - 1 month ago

@Galactic_Stock_Savant @ivanhofff @howardlindzon Added $SIMO to watchlist 👀

Analyst Ratings
B. Riley Securities Buy Mar 15, 24
JP Morgan Overweight Feb 8, 24
Wedbush Outperform Feb 8, 24
B. Riley Securities Buy Feb 7, 24
Needham Buy Jan 8, 24
JP Morgan Overweight Jan 4, 24
Roth MKM Neutral Sep 6, 23
Wedbush Outperform Aug 17, 23
Wedbush Outperform Jul 28, 23