Silicon Motion Technology Corporation (SIMO)

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 58.94% from the current stock price of 50.73.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$60	$80.63	$90	$95
Change	+18.27%	+58.94%	+77.41%	+87.27%

* Price targets were last updated on Feb 7, 2025.

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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	4	4	4	4
Buy	4	4	4	4	4	3
Hold	0	0	0	0	0	0
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Quinn Bolton Needham	Needham	Strong Buy Reiterates $70	Strong Buy	Reiterates	$70	+37.99%	Feb 7, 2025
Quinn Bolton Needham	Needham	Strong Buy Maintains $75 → $70	Strong Buy	Maintains	$75 → $70	+37.99%	Dec 17, 2024
Anthony Stoss Craig-Hallum	Craig-Hallum	Strong Buy Maintains $96 → $90	Strong Buy	Maintains	$96 → $90	+77.41%	Nov 1, 2024
Mehdi Hosseini Susquehanna	Susquehanna	Buy Maintains $110 → $95	Buy	Maintains	$110 → $95	+87.27%	Nov 1, 2024
Quinn Bolton Needham	Needham	Strong Buy Maintains $94 → $75	Strong Buy	Maintains	$94 → $75	+47.84%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

826.04M

Increased by 2.80%

from 803.55M

Revenue Next Year

936.10M

Increased by 13.32%

from 826.04M

EPS This Year

3.68

Increased by 37.30%

from 2.68

EPS Next Year

4.93

Increased by 33.95%

from 3.68

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	539.52M	922.10M	945.92M	639.14M	803.55M	826.04M	936.10M	991.83M
Revenue Growth	17.99%	70.91%	2.58%	-32.43%	25.72%	2.80%	13.32%	5.95%
EPS	2.28	5.72	5.16	1.59	2.68	3.68	4.93	5.32
EPS Growth	24.54%	150.88%	-9.79%	-69.28%	69.06%	37.30%	33.95%	7.92%
Forward PE	-	-	-	-	-	13.79	10.29	9.54
No. Analysts	-	-	-	-	-	11	10	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	901.0M	1.0B	1.0B
Avg	826.0M	936.1M	991.8M
Low	742.8M	782.0M	950.2M

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.1%	22.4%	9.4%
Avg	2.8%	13.3%	6.0%
Low	-7.6%	-5.3%	1.5%

EPS Forecast

EPS	2025	2026	2027
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	2025	2026	2027
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.