Silicon Motion Technology Corp
NASDAQ:SIMO

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Silicon Motion Technology Corp
NASDAQ:SIMO
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Price: 52.59 USD 2.86% Market Closed
Market Cap: 1.8B USD
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Wall Street
Price Targets

SIMO Price Targets Summary
Silicon Motion Technology Corp

Wall Street analysts forecast SIMO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SIMO is 86.13 USD with a low forecast of 60.6 USD and a high forecast of 115.5 USD.

Lowest
Price Target
60.6 USD
15% Upside
Average
Price Target
86.13 USD
64% Upside
Highest
Price Target
115.5 USD
120% Upside

SIMO Last Price Targets
Silicon Motion Technology Corp

The latest public price target was made on Aug 15, 2024 by Simon Woo from Bank of America Securities , who expects SIMO stock to rise by 14% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Simon Woo
Bank of America Securities
60 USD
Upside 14%
2 months ago
Aug 15, 2024
BofA double downgrades Silicon Motion to Sell on lack of AI exposure
TheFly
Suji Desilva
Roth Capital
95 USD
Upside 81%
5 months ago
May 22, 2024
Silicon Motion's product well positioned, says Roth MKM
TheFly
Ray Wu
Morgan Stanley
88 USD
Upside 67%
6 months ago
May 6, 2024
Silicon Motion upgraded to Overweight from Equal Weight at Morgan Stanley
TheFly
Rajvindra Gill
Needham
85 USD
Upside 62%
7 months ago
Apr 10, 2024
Silicon Motion Technology (SIMO) PT Raised to $85 at Needham
StreetInsider
Simon Woo
Bank of America Securities
Price Target 60 USD
Upside/Downside 14%
View Source
Suji Desilva
Roth Capital
Price Target 95 USD
Upside/Downside 81%
View Source
Ray Wu
Morgan Stanley
Price Target 88 USD
Upside/Downside 67%
View Source
Rajvindra Gill
Needham
Price Target 85 USD
Upside/Downside 62%
View Source
Silicon Motion Technology Corp Competitors:
Price Targets
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Silergy Corp
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ASE Technology Holding Co Ltd
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Hangzhou Silan Microelectronics Co Ltd
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Guobo Electronics Co Ltd
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Hunan Goke Microelectronics Co Ltd
2% Downside

Revenue
Forecast

Revenue Estimate
Silicon Motion Technology Corp

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's revenue is 7%. The projected CAGR for the next 3 years is 16%.

7%
Past Growth
16%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Silicon Motion Technology Corp

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's operating income is -7%. The projected CAGR for the next 3 years is 79%.

-7%
Past Growth
79%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Silicon Motion Technology Corp

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's net income is -2%. The projected CAGR for the next 3 years is 50%.

-2%
Past Growth
50%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SIMO's stock price target?
Price Target
86.13 USD

According to Wall Street analysts, the average 1-year price target for SIMO is 86.13 USD with a low forecast of 60.6 USD and a high forecast of 115.5 USD.

What is Silicon Motion Technology Corp's Revenue forecast?
Projected CAGR
16%

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's revenue is 7%. The projected CAGR for the next 3 years is 16%.

What is Silicon Motion Technology Corp's Operating Income forecast?
Projected CAGR
79%

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's operating income is -7%. The projected CAGR for the next 3 years is 79%.

What is Silicon Motion Technology Corp's Net Income forecast?
Projected CAGR
50%

For the last 8 years the compound annual growth rate for Silicon Motion Technology Corp's net income is -2%. The projected CAGR for the next 3 years is 50%.

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