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

Analyst price target for SIMO

Based on 1 analyst offering 12 month price targets for Silicon Motion Technology Corp.
Min Forecast
$85.00+31.64%
Avg Forecast
$85.00+31.64%
Max Forecast
$85.00+31.64%

Should I buy or sell SIMO stock?

Based on 2 analysts offering ratings for Silicon Motion Technology Corp.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SIMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 1%
100
BuyMaintains$85.00+31.64%2023-02-08
Susquehanna
Bottom 24%
24
Strong BuyUpgradesN/AN/A2022-10-05

1 of 1

SIMO vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
SIMO$64.57$85.00+31.64%Strong Buy
FORM$29.32$34.00+15.96%Strong Buy
SMTC$31.18$43.00+37.91%Strong Buy
MXL$34.37$47.67+38.69%Strong Buy
SITM$133.21$140.00+5.10%Strong Buy

Silicon Motion Technology Stock Forecast FAQ

Is Silicon Motion Technology Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: SIMO) stock is to Strong Buy SIMO stock.

Out of 2 analysts, 1 (50%) are recommending SIMO as a Strong Buy, 1 (50%) are recommending SIMO as a Buy, 0 (0%) are recommending SIMO as a Hold, 0 (0%) 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 Price Target?

According to 1 Wall Street analyst that have issued a 1 year SIMO price target, the average SIMO price target is $85.00, with the highest SIMO stock price forecast at $85.00 and the lowest SIMO stock price forecast at $85.00.

The Wall Street analyst predicted that Silicon Motion Technology's share price could reach $85.00 by Feb 8, 2024. The average Silicon Motion Technology stock price prediction forecasts a potential upside of 31.64% from the current SIMO share price of $64.57.
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