Silicon Motion Technology Corporation (SIMO)
NASDAQ: SIMO · Real-Time Price · USD
58.80
-0.91 (-1.52%)
Feb 21, 2025, 4:00 PM EST - Market closed

Silicon Motion Technology Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Silicon Motion Technology stock have an average target of 80.63, with a low estimate of 60 and a high estimate of 95. The average target predicts an increase of 37.13% from the current stock price of 58.80.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $60 $80.63 $90 $95
Change +2.04% +37.13% +53.06% +61.56%

Analyst Ratings

The average analyst rating for Silicon Motion Technology stock from 8 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 344444
Buy 444443
Hold 000000
Sell 111111
Strong Sell 000000
Total 899998

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$70
Strong Buy Reiterates $70 +19.05% Feb 7, 2025
Needham
Needham
Strong Buy
Maintains
$75$70
Strong Buy Maintains $75$70 +19.05% Dec 17, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$96$90
Strong Buy Maintains $96$90 +53.06% Nov 1, 2024
Susquehanna
Susquehanna
Buy
Maintains
$110$95
Buy Maintains $110$95 +61.56% Nov 1, 2024
Needham
Needham
Strong Buy
Maintains
$94$75
Strong Buy Maintains $94$75 +27.55% Nov 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
870.30M
from 803.55M
Increased by 8.31%
Revenue Next Year
980.57M
from 870.30M
Increased by 12.67%
EPS This Year
3.68
from 2.68
Increased by 37.30%
EPS Next Year
4.93
from 3.68
Increased by 33.95%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
539.52M922.10M945.92M639.14M803.55M870.30M980.57M-
Revenue Growth
17.99%70.91%2.58%-32.43%25.72%8.31%12.67%-
EPS
2.285.725.161.592.683.684.935.32
EPS Growth
24.54%150.88%-9.79%-69.28%69.06%37.30%33.95%7.92%
Forward PE
-----15.9811.9311.05
No. Analysts -----11104
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026
High 933.5M 1.1B
Avg 870.3M 980.6M
Low 784.3M 905.5M

Revenue Growth

Revenue Growth 20252026
High
16.2%
26.4%
Avg
8.3%
12.7%
Low
-2.4%
4.0%

EPS Forecast

EPS 202520262027
High 4.38 5.87 5.59
Avg 3.68 4.93 5.32
Low 3.21 4.21 5.01

EPS Growth

EPS Growth 202520262027
High
63.4%
59.7%
13.3%
Avg
37.3%
33.9%
7.9%
Low
19.9%
14.5%
1.6%
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.