Silicon Motion Technology Corporation (SIMO)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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"),...

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...

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,...

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...

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 ...

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: ...

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...

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...
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...

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...

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...

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 ...

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 ...

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...

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...

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...

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...

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...

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: ...

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

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...