Silicon Motion Technology Corporation (SIMO)

NASDAQ: SIMO · Real-Time Price · USD
53.51
+3.18 (6.32%)
At close: May 2, 2025, 4:00 PM
53.42
-0.09 (-0.17%)
Pre-market: May 5, 2025, 6:01 AM EDT
6.32%
Market Cap 1.82B
Revenue (ttm) 780.73M
Net Income (ttm) 94.17M
Shares Out 33.98M
EPS (ttm) 2.80
PE Ratio 19.13
Forward PE 14.17
Dividend $1.99 (3.72%)
Ex-Dividend Date May 8, 2025
Volume 744,209
Open 51.01
Previous Close 50.33
Day's Range 51.01 - 53.75
52-Week Range 37.21 - 85.87
Beta 0.71
Analysts Strong Buy
Price Target 77.50 (+44.83%)
Earnings Date Apr 29, 2025

About SIMO

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... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 30, 2005
Employees 1,546
Stock Exchange NASDAQ
Ticker Symbol SIMO
Full Company Profile

Financial Performance

In 2024, Silicon Motion Technology's revenue was $803.55 million, an increase of 25.72% compared to the previous year's $639.14 million. Earnings were $89.25 million, an increase of 68.80%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SIMO stock is "Strong Buy." The 12-month stock price forecast is $77.5, which is an increase of 44.83% from the latest price.

Price Target
$77.5
(44.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Silicon Motion Technology Corporation (SIMO) Q1 2025 Earnings Call Transcript

Silicon Motion Technology Corporation (NASDAQ:SIMO) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR and Strategy Wallace Kou - Pre...

4 days ago - Seeking Alpha

Silicon Motion Announces Results for the Period Ended March 31, 2025

Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y SSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/Y eMMC+UFS controller sales...

5 days ago - PRNewsWire

Silicon Motion Confirms Quarterly Dividend

TAIPEI, Taiwan and MILPITAS, Calif., April 25, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the “Company”), a global leader in designing and mark...

9 days ago - GlobeNewsWire

Silicon Motion: Upbeat Outlook, Attractive Share Price

Silicon Motion Technology is a global leader in NAND flash controllers, with strong 2024 results and an optimistic outlook for 2025. Despite short-term challenges, SIMO's long-term growth prospects an...

7 weeks ago - Seeking Alpha

Silicon Motion Announces World's First PCIe Gen5 Enterprise SSD Reference Design Kit Supporting up to 128TB

Company Demos 128TB SSD Design at China Flash Market Summit 2025 TAIPEI and MILPITAS, Calif. , March 12, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"),...

7 weeks ago - PRNewsWire

Silicon Motion to Attend Upcoming Investor Conferences

TAIPEI, Taiwan and MILPITAS, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for so...

7 weeks ago - GlobeNewsWire

Silicon Motion Showcases Storage Solutions for AI and Display Interface SoCs at Embedded World 2025

NUREMBERG, Germany , March 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in NAND flash controllers for solid-state storage devices,...

2 months ago - PRNewsWire

Silicon Motion Technology Corporation (SIMO) Q4 2024 Earnings Call Transcript

Silicon Motion Technology Corporation (NASDAQ:SIMO) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR & Strategy Wallace Kou - Pre...

3 months ago - Seeking Alpha

Silicon Motion First to Achieve ASPICE CL3 for Automotive SSD Controllers

TAIPEI and MILPITAS, Calif. , Feb. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers ...

Other symbols: ULS
3 months ago - PRNewsWire

Silicon Motion Announces Results for the Period Ended December 31, 2024

Business Highlights Fourth quarter of 2024 sales decreased 10% Q/Q and decreased 6% Y/Y SSD controller sales: 4Q of 2024 decreased 5% to 10% Q/Q and decreased 5% to 10% Y/Y eMMC+UFS controller sales: ...

3 months ago - GlobeNewsWire

Silicon Motion Announces New $50 Million Share Repurchase Program

TAIPEI, Taiwan and MILPITAS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that its Board of Dire...

3 months ago - GlobeNewsWire

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: HPQSWKS
5 months ago - Benzinga

Strategist talks AI stock opportunities beyond Nvidia

While Nvidia (NVDA) continues dominating the AI chip market, investors seek additional opportunities in the rapidly evolving sector. Nvidia shares continue to fluctuate since reporting third quarter e...

5 months ago - Yahoo Finance

Silicon Motion: NAND Flash Has Got To Give - Maintaining Buy

Silicon Motion stock traded weaker since my buy call in May, down 25%, but I see a turnaround moment ahead. Silicon Motion Technology, a leader in NAND flash controllers, faces near-term market weakne...

6 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: IBMXRX
6 months ago - Benzinga

Silicon Motion Achieves ISO 26262 ASIL B Ready and ASPICE CL2 Certification for Automotive Safety Storage Solutions

TAIPEI and MILPITAS, Calif. , Nov. 5, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers ...

6 months ago - PRNewsWire

Silicon Motion Technology: The Decline May Not Have Much Further To Go

The Q3 FY2024 report was a letdown, and the stock may have further to drop, but a bottom could be on the horizon. Quarterly results are in a slump and likely to stay that way into early 2025, but the ...

6 months ago - Seeking Alpha

Silicon Motion Technology Corporation (SIMO) Q3 2024 Earnings Call Transcript

Silicon Motion Technology Corporation (NASDAQ:SIMO) Q3 2024 Results Conference Call October 31, 2024 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR & Strategy Wallace Kou - Pres...

6 months ago - Seeking Alpha

Silicon Motion Announces Results for the Period Ended September 30, 2024

Business Highlights Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y eMMC+UFS controller sales: 3Q of 2024...

6 months ago - GlobeNewsWire

Silicon Motion Appoints Jason Tsai as Chief Financial Officer

TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and mark...

6 months ago - GlobeNewsWire

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 fro...

9 months ago - Invezz

Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)

SIMO is a global leader in NAND flash and SSD controllers, leveraging its extensive patent portfolio to achieve consistent innovation, secure market dominance, and deliver strong long-term earnings. D...

9 months ago - Seeking Alpha

Silicon Motion Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024

The Company Also Showcases SSD Solutions for Enterprise, PC, and Automotive AI Applications TAIPEI and MILPITAS, Calif. , Aug. 5, 2024 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: ...

9 months ago - PRNewsWire

Silicon Motion Technology Corporation (SIMO) Q2 2024 Earnings Call Transcript

Silicon Motion Technology Corporation (SIMO) Q2 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

Silicon Motion Announces Results for the Period Ended June 30, 2024

Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales:  2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales...

9 months ago - GlobeNewsWire