Silicon Motion Technology Corporation (SIMO)
NASDAQ: SIMO · Real-Time Price · USD
54.93
+0.13 (0.24%)
Nov 22, 2024, 4:00 PM EST - Market closed

Silicon Motion Technology Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for SIMO stock have an average target of 81.67, with a low estimate of 60 and a high estimate of 95. The average target predicts an increase of 48.68% from the current stock price of 54.93.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $60 $81.67 $85 $95
Change +9.23% +48.68% +54.74% +72.95%

Analyst Ratings

The average analyst rating for SIMO stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 443344
Buy 444444
Hold 111000
Sell 001111
Strong Sell 000000
Total 999899

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$96$90
Strong Buy Maintains $96$90 +63.84% Nov 1, 2024
Susquehanna
Susquehanna
Buy
Maintains
$110$95
Buy Maintains $110$95 +72.95% Nov 1, 2024
Needham
Needham
Strong Buy
Maintains
$94$75
Strong Buy Maintains $94$75 +36.54% Nov 1, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$90$80
Strong Buy Maintains $90$80 +45.64% Oct 8, 2024
Wedbush
Wedbush
Buy
Reiterates
$90
Buy Reiterates $90 +63.84% Oct 2, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
825.14M
from 639.14M
Increased by 29.10%
Revenue Next Year
874.84M
from 825.14M
Increased by 6.02%
EPS This Year
3.37
from 1.59
Increased by 112.47%
EPS Next Year
4.10
from 3.37
Increased by 21.80%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
457.25M539.52M922.10M945.92M639.14M825.14M874.84M986.69M
Revenue Growth
-13.78%17.99%70.91%2.58%-32.43%29.10%6.02%12.79%
EPS
1.832.285.725.161.593.374.105.26
EPS Growth
-32.70%24.54%150.88%-9.79%-69.28%112.47%21.80%28.18%
Forward PE
-----16.3113.3910.45
No. Analysts -----11117
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 851.6M 933.5M 1.1B
Avg 825.1M 874.8M 986.7M
Low 791.3M 784.3M 905.5M

Revenue Growth

Revenue Growth 202420252026
High
33.2%
13.1%
25.7%
Avg
29.1%
6.0%
12.8%
Low
23.8%
-4.9%
3.5%

EPS Forecast

EPS 202420252026
High 3.57 4.73 5.92
Avg 3.37 4.10 5.26
Low 2.75 3.62 4.55

EPS Growth

EPS Growth 202420252026
High
125.2%
40.3%
44.4%
Avg
112.5%
21.8%
28.2%
Low
73.7%
7.4%
10.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.