Silicon Motion Technology Corporation (SIMO)

NASDAQ: SIMO · IEX Real-Time Price · USD
82.56
+2.13 (2.65%)
At close: Aug 8, 2022 4:00 PM
83.38
+0.82 (0.99%)
After-hours: Aug 8, 2022 5:50 PM EDT
2.65%
Market Cap 2.73B
Revenue (ttm) 922.10M
Net Income (ttm) 200.00M
Shares Out 33.05M
EPS (ttm) 6.48
PE Ratio 12.74
Forward PE 10.37
Dividend $1.85 (2.24%)
Ex-Dividend Date Aug 10, 2022
Volume 493,889
Open 80.34
Previous Close 80.43
Day's Range 79.58 - 82.86
52-Week Range 64.41 - 98.65
Beta 0.96
Analysts Buy
Price Target 112.46 (+36.2%)
Earnings Date Jul 27, 2022

About SIMO

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It 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; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applicatio... [Read more...]

Industry Semiconductors & Semiconductor Equipment
IPO Date Jun 30, 2005
CEO Wallace Kou
Employees 1,434
Stock Exchange NASDAQ
Ticker Symbol SIMO
Full Company Profile

Financial Performance

In 2021, SIMO's revenue was $922.10 million, an increase of 70.91% compared to the previous year's $539.52 million. Earnings were $200.00 million, an increase of 150.80%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for SIMO stock is "Buy." The 12-month stock price forecast is 112.46, which is an increase of 36.22% from the latest price.

Price Target
$112.46
(36.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Silicon Motion showcases Cutting-edge Storage Solutions for Datacenter, Notebook PC, and Automotive at Flash Memory S...

TAIPEI and MILPITAS, Calif. , Aug. 2, 2022 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in NAND Flash controllers and solid-state storage de...

SIMO vs. NVMI: Which Stock Is the Better Value Option?

SIMO vs. NVMI: Which Stock Is the Better Value Option?

Other symbols: NVMI

Silicon Motion (SIMO) Q2 Earnings Beat Estimates, Revenues Lag

Despite healthy earnings growth due to solid demand trends, Silicon Motion Technology (SIMO) misses second-quarter revenue estimates.

Silicon Motion Announces MonTitan(TM)

PCIe Gen5x4 User Programmable SSD Solution Platform Addressing Challenging Data Center and Enterprise Storage Applications TAIPEI and MILPITAS, Calif. , July 28, 2022 /PRNewswire/ -- Silicon Motion Tech...

Silicon Motion Announces Results for the Period Ended June 30, 2022

Business Highlights

Silicon Motion Confirms Quarterly Dividend

TAIPEI, Taiwan and MILPITAS, Calif., July 25, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and market...

Silicon Motion To Release Second Quarter 2022 Financial Results on July 27

TAIPEI, Taiwan and MILPITAS, Calif., July 07, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controlle...

MaxLinear Announces Expiration of Hart-Scott-Rodino Waiting Period for Proposed Acquisition of Silicon Motion

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear announces expiration of Hart-Scott-Rodino waiting period for proposed acquisition of Silicon Motion.

Other symbols: MXL

SHAREHOLDER ALERT: Weiss Law Investigates Silicon Motion Technology Corporation

NEW YORK , June 21, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Silicon Motion Technology Corporation ("S...

Other symbols: MXL

SIMO vs. AMBA: Which Stock Should Value Investors Buy Now?

SIMO vs. AMBA: Which Stock Is the Better Value Option?

Other symbols: AMBA

6 of the Most Undervalued Tech Stocks to Buy for June

These six undervalued tech stocks are real bargains with low price-to-earnings ratios, growing earnings and good dividend yields. The post 6 of the Most Undervalued Tech Stocks to Buy for June appeared ...

Other symbols: AVGOFISJBLNVDAQCOM

SIMO or NVMI: Which Is the Better Value Stock Right Now?

SIMO vs. NVMI: Which Stock Is the Better Value Option?

Other symbols: NVMI

SILICON MOTION INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequa...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Silicon Motion (Na...

Other symbols: MXL

Silicon Motion Showcases Advanced Storage Solutions for Automotive Applications at Automotive Technologies Virtual Co...

TAIPEI , May 9, 2022 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage ...

MaxLinear announces acquiring Silicon Motion

MaxLinear, Inc. (NASDAQ: MXL), a provider of RF (radio frequency, mixed-signal integrated and analog circuits for broadband, infrastructure and connectivity markets, has executed a definitive purchase a...

Other symbols: MXL

Why Silicon Motion Stock Soared Today (and MaxLinear Fell)

Silicon Motion Technology shareholders are upbeat about a buyout agreement. But the acquiring company's shareholders aren't so happy.

Other symbols: MXL

Chipmaker MaxLinear To Buy Silicon Motion For $3.8 Billion

Chipmaker MaxLinear on Thursday announced plans to buy Silicon Motion in a cash and stock deal worth $3.8 billion. The post Chipmaker MaxLinear To Buy Silicon Motion For $3.8 Billion appeared first on I...

Other symbols: MXL

Silicon Motion Announces Results for the Period Ended March 31, 2022

SSD controller sales declined 15% to 20% Q/Q and increased 25% to 30% Y/Y

Why Silicon Motion Tech Shares Are Popping Today

MaxLinear, Inc (NASDAQ: MXL) has agreed to acquire fellow chipmaker Silicon Motion Technology Corporation (NASDAQ: SIMO) for $114.34 per ADS in cash and stock.  The price represents a 48% premium to the...

SIMO STOCK ALERT: Halper Sadeh LLP Is Investigating Whether the Sale of Silicon Motion Technology Corporation Is Fair...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Silicon Motion Technology Corporation (NASDAQ: SIMO) to MaxLinear, Inc. is fair to Silicon ...

MaxLinear to buy Silicon Motion in a cash and stock deal valued at about $4 billion

Shares of Silicon Motion Technology Corp. SIMO, -0.40% shot up 10.8% in premarket trading Thursday, prior to a trading halt, after the Hong Kong-based semiconductor company agreed to be acquired by MaxL...

Other symbols: MXL

MaxLinear to Acquire Silicon Motion

CARLSBAD, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--MaxLinear has entered into a definitive agreement to acquire Silicon Motion.

Other symbols: MXL

SIMO or AMBA: Which Is the Better Value Stock Right Now?

SIMO vs. AMBA: Which Stock Is the Better Value Option?

Other symbols: AMBA

Why Silicon Motion Stock Zoomed 13% Higher Today

A buyout deal might be in the works for the Asia-based tech company.

Silicon Motion (SIMO) Stock Jumps 5.7%: Will It Continue to Soar?

Silicon Motion (SIMO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.