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

OverviewForecast
EarningsDividendOwnership

Analyst price target for SIMO

Based on 4 analysts offering 12 month price targets for Silicon Motion Technology CORP.
Min Forecast
$78.00+3.9%
Avg Forecast
$105.75+40.87%
Max Forecast
$120.00+59.85%

Should I buy or sell SIMO stock?

Based on 6 analysts offering ratings for Silicon Motion Technology CORP.
Hold
Strong Buy
1 analysts 16.67%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

SIMO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
HoldUpgrades$78.00+3.90%2021-08-12
B. Riley Securities
Top 1%
100
Strong BuyMaintains$110.00+46.53%2021-08-02
Craig-Hallum
Top 19%
82
BuyMaintains$120.00+59.85%2021-08-02
Needham
Top 1%
100
BuyMaintains$115.00+53.19%2021-08-02
Morgan Stanley
Bottom 12%
12
Strong SellDowngradesN/AN/A2021-05-20
Anonymous
Summit Insights Group
HoldDowngradesN/AN/A2020-11-04

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Forecast return on equity

Is SIMO forecast to generate an efficient return?
Company
201.4%
Industry
32.53%
Market
1,975.18%
SIMO's Return on Equity is forecast to be high in 3 years (201.4%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SIMO forecast to generate an efficient return on assets?
Company
151.38%
Industry
18.15%
Market
951.37%
SIMO is forecast to generate higher Return on Assets (151.38%) than the US Semiconductors industry average (18.15%)
Forecast

SIMO earnings per share forecast

What is SIMO's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$5.41+137.28%
Avg 2 year Forecast
$6.70+193.86%
Avg 3 year Forecast
$8.13+256.58%
SIMO's earnings are forecast to grow at an exceptional rate of 72.02% per year
Forecast

SIMO revenue forecast

What is SIMO's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$902.6M+67.29%
Avg 2 year Forecast
$1.0B+87.18%
Avg 3 year Forecast
$1.1B+108.11%
SIMO's revenue is forecast to grow at an exceptional rate of 36.92% per year
Forecast

SIMO earnings growth forecast

How is SIMO forecast to perform vs Semiconductors companies and vs the US market?
Company
72.02%
Industry
20.7%
Market
22.98%
SIMO's earnings are forecast to grow faster (72.02% per year) than the US Semiconductors industry average (20.7%)
Forecast
SIMO's earnings are forecast to grow faster (72.02% per year) than the US market average (22.98%)
Forecast
SIMO's earnings are forecast to grow faster (72.02% per year) than the risk-free savings rate (1.5%)
Forecast

SIMO revenue growth forecast

How is SIMO forecast to perform vs Semiconductors companies and vs the US market?
Company
36.92%
Industry
11.17%
Market
14.66%
SIMO's revenues are forecast to grow faster (36.92% per year) than the US Semiconductors industry average (11.17%)
Forecast
SIMO's revenues are forecast to grow faster (36.92% per year) than the US market average (14.66%)
Forecast

Silicon Motion Technology CORP Stock Forecast FAQ

Is Silicon Motion Technology CORP Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: SIMO) stock is to Hold SIMO stock.

Out of 6 analysts, 1 (16.67%) are recommending SIMO as a Strong Buy, 2 (33.33%) are recommending SIMO as a Buy, 2 (33.33%) are recommending SIMO as a Hold, 0 (0%) are recommending SIMO as a Sell, and 1 (16.67%) are recommending SIMO as a Strong Sell.

What is SIMO's earnings growth forecast for 2021-2023?

(NASDAQ: SIMO) Silicon Motion Technology CORP's forecast annual earnings growth rate of 72.02% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 20.7%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 22.98%.

Silicon Motion Technology CORP's earnings in 2021 is $79,746,000.On average, 2 Wall Street analysts forecast SIMO's earnings for 2021 to be $747,488,079, with the lowest SIMO earnings forecast at $740,579,687, and the highest SIMO earnings forecast at $753,014,793. On average, 2 Wall Street analysts forecast SIMO's earnings for 2022 to be $925,724,608, with the lowest SIMO earnings forecast at $917,434,537, and the highest SIMO earnings forecast at $932,633,001.

In 2023, SIMO is forecast to generate $1,123,304,637 in earnings, with the lowest earnings forecast at $1,119,159,601 and the highest earnings forecast at $1,126,067,994.

What is SIMO's revenue growth forecast for 2021-2023?

(NASDAQ: SIMO) Silicon Motion Technology CORP's forecast annual revenue growth rate of 36.92% is forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 11.17%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.66%.

Silicon Motion Technology CORP's revenue in 2021 is $539,521,000.On average, 4 Wall Street analysts forecast SIMO's revenue for 2021 to be $124,708,645,201, with the lowest SIMO revenue forecast at $124,348,303,443, and the highest SIMO revenue forecast at $124,848,471,067. On average, 5 Wall Street analysts forecast SIMO's revenue for 2022 to be $139,532,259,539, with the lowest SIMO revenue forecast at $120,153,527,456, and the highest SIMO revenue forecast at $149,125,944,342.

In 2023, SIMO is forecast to generate $155,135,416,897 in revenue, with the lowest revenue forecast at $138,229,198,526 and the highest revenue forecast at $168,284,298,700.

What is SIMO's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: SIMO) forecast ROA is 151.38%, which is higher than the forecast US Semiconductors industry average of 18.15%.

What is SIMO's Price Target?

According to 4 Wall Street analysts that have issued a 1 year SIMO price target, the average SIMO price target is $105.75, with the highest SIMO stock price forecast at $120.00 and the lowest SIMO stock price forecast at $78.00.

On average, Wall Street analysts predict that Silicon Motion Technology CORP's share price could stay at $105.75 by Aug 12, 2022. The average Silicon Motion Technology CORP stock price prediction forecasts a potential downside of N/A from the current SIMO share price of $75.07.

What is SIMO's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: SIMO) Silicon Motion Technology CORP's current Earnings Per Share (EPS) is $2.28. On average, analysts forecast that SIMO's EPS will be $5.41 for 2021, with the lowest EPS forecast at $5.36, and the highest EPS forecast at $5.45. On average, analysts forecast that SIMO's EPS will be $6.70 for 2022, with the lowest EPS forecast at $6.64, and the highest EPS forecast at $6.75. In 2023, SIMO's EPS is forecast to hit $8.13 (min: $8.10, max: $8.15).

What is SIMO's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: SIMO) forecast ROE is 201.4%, which is considered strong.
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