NASDAQ:SIMO - Nasdaq - US82706C1080 - ADR - Currency: USD
Silicon Motion's unique combination of sound management, strong fundamentals, crucial and niche tech, and analyst enthusiasm point to continued success.
Mentions: QCOM
BofA analyst Simon Woo upgraded Silicon Motion (SIMO) to Buy from Hold with a price target of $90, up from $55, citing three catalysts. Namely, the firm points to gradually increasing enterprise solution sales; resilient topline growth with high gross margins; and the potential for $160M-plus in deal break-up fees to be paid by MaxLinear (MXL) if Silicon Motion wins its Singapore arbitration case in late-Q4. Similar to memory chipmakers, Silicon Motion could also benefit from strongly growing so
Silicon Motion Technology Corporation (NASDAQ:SIMO) is one of the 10 tech stocks on Wall Street’s radar right now. On June 5, B.Riley increased its price target on Silicon Motion Technology Corporation (NASDAQ:SIMO) to $90 from $75 and reaffirmed its Buy rating on the stock. The firm pointed to the expanded Nvidia Bluefield DPU win and […]
The average brokerage recommendation (ABR) for Silicon Motion (SIMO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.
Silicon Motion is set to showcase next-generation solutions at Computex 2025.
Silicon Motion (SIMO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
According to the average brokerage recommendation (ABR), one should invest in Silicon Motion (SIMO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
We recently published a list of 10 Cheap Semiconductor Stocks to Buy Now. In this article, we are going to take a look at where Silicon Motion Technology Corporation (NASDAQ:SIMO) stands against other cheap semiconductor stocks to buy now. The semiconductor industry has been experiencing a recent wave of surging demand, technological innovation, and shifting […]
We recently published a list of10 Cheap Semiconductor Stocks to Buy Now. In this article, we are going to take a look at where STMicroelectronics N.V. (NYSE:STM) stands against other cheap semiconductor stocks to buy now. The semiconductor industry has been experiencing a recent wave of surging demand, technological innovation, and shifting macroeconomic dynamics. According […]
Despite weak demand trends in multiple markets, Silicon Motion beats first-quarter 2025 earnings estimates.
Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y SSD controller sales: 1Q of 2025 decreased...
TAIPEI, Taiwan and MILPITAS, Calif., April 25, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the...
TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the...
Toyota’s (TM) North America subsidiary plans to help local auto parts makers with rising costs associated with tariffs announced by the Trump administration, Nikkei Asia reports. The U.S. imposed an additional 25% tariff on all imported vehicles on Thursday, which will extend to major components, including transmissions and engines, by May 3. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRa
We recently published a list of Top 10 Stocks to Buy According to Think Investments. In this article, we are going to take a look at where Silicon Motion Technology Corporation (NASDAQ:SIMO) stands against other top stocks to buy according to Think Investments. Think Investments is an investment firm based in San Francisco, with additional offices […]
Mentions: MS
Ordinarily, investors might not think too highly of a stock with minimal financial growth and a share price that has sunk by nearly one-third over the past year. Read More: Warren Buffett's Berkshire...
We recently published a list of 11 Best Data Storage Stocks to Invest in According to Analysts. In this article, we are going to take a look at where Silicon Motion Technology Corp. (NASDAQ:SIMO) stands against other best data storage stocks to invest in according to analysts. Data storage is defined as the organized preservation […]
The latest trading day saw Silicon Motion (SIMO) settling at $50.58, representing a -0.31% change from its previous close.
Zacks.com users have recently been watching Silicon Motion (SIMO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
TAIPEI, Taiwan and MILPITAS, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader...
Business Highlights Fourth quarter of 2024 sales decreased 10% Q/Q and decreased 6% Y/Y SSD controller sales: 4Q of...
TAIPEI, Taiwan and MILPITAS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the...
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the...
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%...
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the...
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the...