WallStreetZenWallStreetZen

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

Analyst price target for SIMO

Based on 5 analysts offering 12 month price targets for Silicon Motion Technology Corp.
Min Forecast
$60.00-11.39%
Avg Forecast
$79.00+16.67%
Max Forecast
$90.00+32.92%

Should I buy or sell SIMO stock?

Based on 5 analysts offering ratings for Silicon Motion Technology Corp.
Buy
Strong Buy
2 analysts 40%
Buy
2 analysts 40%
Hold
1 analysts 20%
Sell
0 analysts 0%
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%2024-02-08
lockedlocked$00.00+00.00%2024-02-08
lockedlocked$00.00+00.00%2024-02-07
lockedlocked$00.00+00.00%2024-01-08
lockedlocked$00.00+00.00%2023-09-06

1 of 1

Forecast return on equity

Is SIMO forecast to generate an efficient return?

Forecast return on assets

Is SIMO forecast to generate an efficient return on assets?

SIMO revenue forecast

What is SIMO's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$786.1M-16.89%
Avg 2 year Forecast
$906.9M-4.13%
SIMO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SIMO revenue growth forecast

How is SIMO forecast to perform vs Semiconductors companies and vs the US market?
Company
-16.89%
Industry
31.07%
Market
46.14%
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$67.71$79.00+16.67%Buy
SITM$100.43$135.00+34.42%Strong Buy
MXL$19.21$23.50+22.33%Buy
VSH$21.42N/AN/A
FORM$40.21$46.00+14.40%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 5 Wall Street analysts covering (NASDAQ: SIMO) stock is to Buy SIMO stock.

Out of 5 analysts, 2 (40%) are recommending SIMO as a Strong Buy, 2 (40%) are recommending SIMO as a Buy, 1 (20%) 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 revenue growth forecast for 2024-2025?

(NASDAQ: SIMO) Silicon Motion Technology's forecast annual revenue growth rate of -16.89% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 31.07%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 46.14%.

Silicon Motion Technology's revenue in 2024 is $945,921,000.On average, 5 Wall Street analysts forecast SIMO's revenue for 2024 to be $103,940,604,417, with the lowest SIMO revenue forecast at $103,392,702,424, and the highest SIMO revenue forecast at $105,608,638,092.

In 2025, SIMO is forecast to generate $119,903,274,173 in revenue, with the lowest revenue forecast at $112,661,025,237 and the highest revenue forecast at $131,623,405,521.

What is SIMO's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: SIMO) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 9.38%.

What is SIMO's Price Target?

According to 5 Wall Street analysts that have issued a 1 year SIMO price target, the average SIMO price target is $79.00, with the highest SIMO stock price forecast at $90.00 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 $79.00 by Feb 8, 2025. The average Silicon Motion Technology stock price prediction forecasts a potential upside of 16.67% from the current SIMO share price of $67.71.

What is SIMO's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: SIMO) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.