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NASDAQ: SIMO
Silicon Motion Technology Corp Stock Forecast, Predictions & Price Target

Analyst price target for SIMO

Based on 7 analysts offering 12 month price targets for Silicon Motion Technology Corp.
Min Forecast
$60.00+5.41%
Avg Forecast
$89.71+57.61%
Max Forecast
$110.00+93.25%

Should I buy or sell SIMO stock?

Based on 7 analysts offering ratings for Silicon Motion Technology Corp.
Buy
Strong Buy
3 analysts 42.86%
Buy
3 analysts 42.86%
Hold
0 analysts 0%
Sell
1 analysts 14.29%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SIMO stock forecasts and price targets.

SIMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-16
lockedlocked$00.00+00.00%2024-08-05
lockedlocked$00.00+00.00%2024-07-08
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-05-06
Morgan Stanley
Bottom 33%
33
Strong BuyUpgrades$88.00+54.60%2024-05-06
Wedbush
Top 4%
97
BuyReiterates$85.00+49.33%2024-05-03

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Forecast return on equity

Is SIMO forecast to generate an efficient return?
Company
99.95%
Industry
116.36%
Market
54.93%
SIMO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SIMO forecast to generate an efficient return on assets?
Company
72.85%
Industry
75.83%
SIMO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SIMO earnings per share forecast

What is SIMO's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.86+78.63%
Avg 2 year Forecast
$3.86+141.41%
Avg 3 year Forecast
$5.49+243.33%
SIMO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SIMO revenue forecast

What is SIMO's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$815.7M+27.63%
Avg 2 year Forecast
$906.9M+41.89%
Avg 3 year Forecast
$1.0B+60.34%
SIMO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SIMO earnings growth forecast

How is SIMO forecast to perform vs Semiconductors companies and vs the US market?
Company
59.43%
Industry
28.67%
Market
18.32%
SIMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SIMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SIMO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SIMO revenue growth forecast

How is SIMO forecast to perform vs Semiconductors companies and vs the US market?
Company
19.64%
Industry
21.91%
Market
8.17%
SIMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SIMO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SIMO vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
SIMO$56.92$89.71+57.61%Buy
VSH$18.46$23.50+27.30%Buy
MXL$13.13$26.00+98.02%Strong Buy
WOLF$8.23$22.69+175.72%Hold
SYNA$71.38$96.43+35.09%Strong Buy

Silicon Motion Technology Stock Forecast FAQ

Is Silicon Motion Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: SIMO) stock is to Buy SIMO stock.

Out of 7 analysts, 3 (42.86%) are recommending SIMO as a Strong Buy, 3 (42.86%) are recommending SIMO as a Buy, 0 (0%) are recommending SIMO as a Hold, 1 (14.29%) are recommending SIMO as a Sell, and 0 (0%) are recommending SIMO as a Strong Sell.

If you're new to stock investing, here's how to buy Silicon Motion Technology stock.

What is SIMO's earnings growth forecast for 2024-2026?

(NASDAQ: SIMO) Silicon Motion Technology's forecast annual earnings growth rate of 59.43% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 28.67%, and it is also forecast to beat the US market's average forecast earnings growth rate of 18.32%.

Silicon Motion Technology's earnings in 2024 is $52,873,000.On average, 5 Wall Street analysts forecast SIMO's earnings for 2024 to be $382,045,837, with the lowest SIMO earnings forecast at $348,894,203, and the highest SIMO earnings forecast at $398,354,301. On average, 4 Wall Street analysts forecast SIMO's earnings for 2025 to be $516,323,318, with the lowest SIMO earnings forecast at $351,567,722, and the highest SIMO earnings forecast at $630,950,437.

In 2026, SIMO is forecast to generate $734,322,041 in earnings, with the lowest earnings forecast at $669,716,459 and the highest earnings forecast at $784,677,768.

What is SIMO's revenue growth forecast for 2024-2026?

(NASDAQ: SIMO) Silicon Motion Technology's forecast annual revenue growth rate of 19.64% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 21.91%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.17%.

Silicon Motion Technology's revenue in 2024 is $639,142,000.On average, 5 Wall Street analysts forecast SIMO's revenue for 2024 to be $109,042,939,832, with the lowest SIMO revenue forecast at $108,761,418,303, and the highest SIMO revenue forecast at $109,614,270,800. On average, 5 Wall Street analysts forecast SIMO's revenue for 2025 to be $121,226,432,356, with the lowest SIMO revenue forecast at $118,971,586,600, and the highest SIMO revenue forecast at $124,255,796,508.

In 2026, SIMO is forecast to generate $136,991,504,340 in revenue, with the lowest revenue forecast at $128,489,313,528 and the highest revenue forecast at $147,739,985,647.

What is SIMO's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: SIMO) forecast ROA is 72.85%, which is lower than the forecast US Semiconductors industry average of 75.83%.

What is SIMO's Price Target?

According to 7 Wall Street analysts that have issued a 1 year SIMO price target, the average SIMO price target is $89.71, with the highest SIMO stock price forecast at $110.00 and the lowest SIMO stock price forecast at $60.00.

On average, Wall Street analysts predict that Silicon Motion Technology's share price could reach $89.71 by Aug 16, 2025. The average Silicon Motion Technology stock price prediction forecasts a potential upside of 57.61% from the current SIMO share price of $56.92.

What is SIMO's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: SIMO) Silicon Motion Technology's current Earnings Per Share (EPS) is $1.60. On average, analysts forecast that SIMO's EPS will be $2.86 for 2024, with the lowest EPS forecast at $2.61, and the highest EPS forecast at $2.98. On average, analysts forecast that SIMO's EPS will be $3.86 for 2025, with the lowest EPS forecast at $2.63, and the highest EPS forecast at $4.72. In 2026, SIMO's EPS is forecast to hit $5.49 (min: $5.01, max: $5.87).

What is SIMO's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: SIMO) forecast ROE is 99.95%, which is considered strong.
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