SILICON MOTION TECHNOL-ADR (SIMO) Stock News
NASDAQ:SIMO - Nasdaq - US82706C1080 - ADR - Currency: USD
SIMO Latest News, Press Relases and Analysis
Analysts Are All In on This Tech Stock—Why You Should Be, Too
Silicon Motion's unique combination of sound management, strong fundamentals, crucial and niche tech, and analyst enthusiasm point to continued success.
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BofA upgrades Silicon Motion to Buy, cites three catalysts
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
B.Riley Raises Price Target on Silicon Motion (SIMO), Maintains Buy Rating
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 […]
Is Silicon Motion (SIMO) a Buy as Wall Street Analysts Look Optimistic?
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?
Here is What to Know Beyond Why Silicon Motion Technology Corporation (SIMO) is a Trending 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.
Can SIMO's Cutting-Edge Solutions Solicit Customer Interests?
Silicon Motion is set to showcase next-generation solutions at Computex 2025.
Is Trending Stock Silicon Motion Technology Corporation (SIMO) a Buy Now?
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.
Brokers Suggest Investing in Silicon Motion (SIMO): Read This Before Placing a Bet
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?
Is Silicon Motion Technology Corporation (SIMO) the Cheap Semiconductor Stock to Buy Now?
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 […]
Is STMicroelectronics N.V. (STM) the Cheap Semiconductor Stock to Buy Now?
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 […]
SIMO Q1 Earnings Surpass Estimates, Revenues Decline Y/Y
Despite weak demand trends in multiple markets, Silicon Motion beats first-quarter 2025 earnings estimates.
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...
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...
Silicon Motion Announces First Quarter 2025 Earnings Conference Call
TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the...
Toyota to help cover suppliers’ higher costs tied to tariffs, Nikkei Asia says
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
Silicon Motion Technology (SIMO): Among the Top 10 Stocks to Buy According to Think Investments
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 […]
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Warren Buffett Bought a Stock That’s Been Trending Downward — Should You Buy Too?
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...
Is Silicon Motion Technology Corp. (SIMO) the Best Data Storage Stock to Invest in According to Analysts?
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 […]
Silicon Motion (SIMO) Stock Slides as Market Rises: Facts to Know Before You Trade
The latest trading day saw Silicon Motion (SIMO) settling at $50.58, representing a -0.31% change from its previous close.
Silicon Motion Technology Corporation (SIMO) Is a Trending Stock: Facts to Know Before Betting on It
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.
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...
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...
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...
Silicon Motion Confirms Quarterly Dividend
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the...
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%...
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...
Silicon Motion Announces Annual Cash Dividend Payable Quarterly
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(“Silicon Motion” or the...