Silicon Motion Technology Corp
NASDAQ:SIMO

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Silicon Motion Technology Corp
NASDAQ:SIMO
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Price: 53.9 USD 1.26% 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 78.2 USD with a low forecast of 50.5 USD and a high forecast of 99.75 USD.

Lowest
Price Target
50.5 USD
6% Downside
Average
Price Target
78.2 USD
45% Upside
Highest
Price Target
99.75 USD
85% 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 11% 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 11%
4 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 76%
7 months ago
May 22, 2024
Silicon Motion's product well positioned, says Roth MKM
TheFly
Ray Wu
Morgan Stanley
88 USD
Upside 63%
7 months ago
May 6, 2024
Silicon Motion upgraded to Overweight from Equal Weight at Morgan Stanley
TheFly
Rajvindra Gill
Needham
85 USD
Upside 58%
8 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 11%
View Source
Suji Desilva
Roth Capital
Price Target 95 USD
Upside/Downside 76%
View Source
Ray Wu
Morgan Stanley
Price Target 88 USD
Upside/Downside 63%
View Source
Rajvindra Gill
Needham
Price Target 85 USD
Upside/Downside 58%
View Source
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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
Estimates Accuracy
-2%
Average Miss

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 70%.

-7%
Past Growth
70%
Estimated Growth
Estimates Accuracy
-16%
Average Miss

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
Estimates Accuracy
-18%
Average Miss

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
78.2 USD

According to Wall Street analysts, the average 1-year price target for SIMO is 78.2 USD with a low forecast of 50.5 USD and a high forecast of 99.75 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
70%

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 70%.

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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