Silicon Motion (SIMO) Stock Forecast, Price Target & Predictions
SIMO Stock Forecast
Silicon Motion stock forecast is as follows: an average price target of $82.00 (represents a 49.64% upside from SIMO’s last price of $54.80) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
SIMO Price Target
The average price target for Silicon Motion (SIMO) is $82.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $95.00 to $60.00. This represents a potential 49.64% upside from SIMO's last price of $54.80.
SIMO Analyst Ratings
According to 7 Wall Street analysts, Silicon Motion's rating consensus is 'Buy'. The analyst rating breakdown for SIMO stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Silicon Motion Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 15, 2024 | Simon Woo | Bank of America Securities | $60.00 | $66.68 | -10.02% | 9.49% |
| May 22, 2024 | Suji Desilva | Roth Capital | $95.00 | $80.05 | 18.68% | 73.36% |
| May 06, 2024 | Ray Wu | Morgan Stanley | $88.00 | $73.95 | 18.99% | 60.58% |
| Apr 10, 2024 | Rajvindra Gill | Needham | $85.00 | $80.43 | 5.68% | 55.11% |
The latest Silicon Motion stock forecast, released on Aug 15, 2024 by Simon Woo from Bank of America Securities, set a price target of $60.00, which represents a -10.02% decrease from the stock price at the time of the forecast ($66.68), and a 9.49% increase from SIMO last price ($54.80).
Silicon Motion Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $82.00 |
| Last Closing Price | $54.80 | $54.80 | $54.80 |
| Upside/Downside | -100.00% | -100.00% | 49.64% |
In the current month, the average price target of Silicon Motion stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Silicon Motion's last price of $54.80. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 01, 2024 | Susquehanna | Positive | Positive | Hold |
| Oct 31, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Jul 08, 2024 | B. Riley | Buy | Buy | Hold |
| May 06, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 06, 2024 | B. Riley | Buy | Buy | Hold |
| May 06, 2024 | Morgan Stanley | - | Overweight | Upgrade |
| Apr 15, 2024 | Wedbush | Outperform | Outperform | Hold |
| Oct 05, 2022 | Susquehanna | - | Positive | Upgrade |
| Oct 05, 2022 | Janney Montgomery | - | Neutral | Initialise |
| Apr 26, 2022 | Zacks Investment Research | - | Buy | Upgrade |
Silicon Motion's last stock rating was published by Susquehanna on Nov 01, 2024. The company gave SIMO a "Positive" rating, the same as its previous rate.
Silicon Motion Financial Forecast
Silicon Motion Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.07M | $200.76M | $250.81M | $252.37M | $241.98M | $264.36M | $254.24M | $221.10M | $182.40M | $143.90M | $126.04M | $136.81M | $132.77M | $153.19M | $110.52M |
| Avg Forecast | $260.37M | $251.67M | $229.50M | $217.43M | $241.47M | $226.75M | $202.04M | $185.23M | $196.49M | $209.49M | $206.75M | $180.05M | $196.52M | $165.70M | $128.76M | $160.85M | $247.29M | $263.33M | $265.63M | $237.49M | $262.20M | $246.23M | $201.64M | $170.74M | $140.30M | $120.67M | $136.09M | $129.96M | $142.69M | $108.70M |
| High Forecast | $265.50M | $256.63M | $234.02M | $221.72M | $246.23M | $231.21M | $206.02M | $191.86M | $198.03M | $209.64M | $206.75M | $180.05M | $198.91M | $170.00M | $131.29M | $164.02M | $252.17M | $263.33M | $265.63M | $237.49M | $262.20M | $246.23M | $201.64M | $170.74M | $140.30M | $120.67M | $136.09M | $129.96M | $142.69M | $108.70M |
| Low Forecast | $257.17M | $248.58M | $226.68M | $214.76M | $238.50M | $223.96M | $199.56M | $181.57M | $195.17M | $209.35M | $206.75M | $180.05M | $193.58M | $162.60M | $127.18M | $158.88M | $244.26M | $263.33M | $265.63M | $237.49M | $262.20M | $246.23M | $201.64M | $170.74M | $140.30M | $120.67M | $136.09M | $129.96M | $142.69M | $108.70M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.81% | 0.95% | 0.95% | 1.02% | 1.01% | 1.03% | 1.10% | 1.07% | 1.03% | 1.04% | 1.01% | 1.02% | 1.07% | 1.02% |
Silicon Motion's average Quarter revenue forecast for Jun 23 based on 5 analysts is $128.76M, with a low forecast of $127.18M, and a high forecast of $131.29M. SIMO's average Quarter revenue forecast represents a 3.78% increase compared to the company's last Quarter revenue of $124.07M (Mar 23).
Silicon Motion EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.13M | $29.87M | $59.75M | $72.53M | $70.92M | $73.90M | $73.54M | $66.18M | $49.41M | $21.53M | $29.16M | $33.50M | $28.28M | $23.85M | $25.43M |
| Avg Forecast | $52.13M | $50.39M | $45.95M | $43.54M | $48.35M | $45.40M | $40.45M | $37.09M | $39.34M | $41.95M | $41.40M | $73.03M | $39.35M | $33.18M | $25.78M | $66.39M | $78.95M | $55.47M | $55.96M | $52.48M | $55.23M | $51.87M | $42.48M | $41.49M | $29.56M | $25.42M | $28.67M | $23.75M | $30.06M | $22.90M |
| High Forecast | $53.16M | $51.39M | $46.86M | $44.40M | $49.30M | $46.30M | $41.25M | $38.42M | $39.65M | $41.98M | $41.40M | $87.64M | $39.83M | $34.04M | $26.29M | $79.67M | $94.74M | $55.47M | $55.96M | $62.98M | $55.23M | $51.87M | $42.48M | $49.79M | $29.56M | $25.42M | $28.67M | $28.50M | $30.06M | $22.90M |
| Low Forecast | $51.49M | $49.77M | $45.39M | $43.00M | $47.76M | $44.85M | $39.96M | $36.36M | $39.08M | $41.92M | $41.40M | $58.42M | $38.76M | $32.56M | $25.46M | $53.11M | $63.16M | $55.47M | $55.96M | $41.99M | $55.23M | $51.87M | $42.48M | $33.19M | $29.56M | $25.42M | $28.67M | $19.00M | $30.06M | $22.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.17% | 0.38% | 1.08% | 1.30% | 1.35% | 1.34% | 1.42% | 1.56% | 1.19% | 0.73% | 1.15% | 1.17% | 1.19% | 0.79% | 1.11% |
5 analysts predict SIMO's average Quarter EBITDA for Jun 23 to be $25.78M, with a high of $26.29M and a low of $25.46M. This is 131.64% upper than Silicon Motion's previous annual EBITDA (Mar 23) of $11.13M.
Silicon Motion Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.15M | $23.54M | $42.89M | $51.58M | $54.50M | $60.63M | $55.42M | $49.55M | $34.40M | $1.35M | $24.27M | $28.21M | $25.91M | $25.43M | $4.21M |
| Avg Forecast | $54.71M | $48.64M | $39.88M | $35.16M | $43.01M | $37.26M | $28.15M | $22.70M | $25.27M | $28.45M | $31.25M | $52.52M | $24.52M | $19.45M | $15.01M | $47.75M | $61.34M | $62.65M | $59.07M | $37.74M | $58.36M | $54.55M | $41.97M | $29.84M | $24.57M | $22.49M | $25.20M | $20.89M | $28.54M | $18.50M |
| High Forecast | $56.11M | $49.89M | $40.90M | $36.06M | $44.11M | $38.22M | $28.88M | $26.07M | $31.33M | $28.58M | $31.25M | $63.02M | $27.10M | $27.10M | $15.39M | $57.29M | $73.61M | $62.65M | $59.07M | $45.29M | $61.05M | $54.55M | $41.97M | $35.80M | $24.57M | $22.49M | $25.20M | $25.06M | $28.54M | $18.50M |
| Low Forecast | $53.83M | $47.86M | $39.24M | $34.60M | $42.32M | $36.67M | $27.71M | $20.24M | $9.77M | $28.32M | $31.24M | $42.02M | $22.59M | $15.94M | $14.77M | $38.20M | $49.07M | $62.65M | $59.07M | $30.19M | $55.67M | $54.55M | $41.97M | $23.87M | $24.57M | $22.49M | $25.20M | $16.71M | $28.54M | $18.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.21% | 0.38% | 0.68% | 0.87% | 1.44% | 1.04% | 1.02% | 1.18% | 1.15% | 0.06% | 1.08% | 1.12% | 1.24% | 0.89% | 0.23% |
Silicon Motion's average Quarter net income forecast for Jun 23 is $15.01M, with a range of $14.77M to $15.39M. SIMO's average Quarter net income forecast represents a 47.86% increase compared to the company's last Quarter net income of $10.15M (Mar 23).
Silicon Motion SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $11.97M | $9.98M | $16.32M | $22.56M | $14.12M | $14.34M | $13.68M | $11.73M | $10.88M | $11.00M | $9.61M | $9.35M | $10.42M | $12.52M | $9.53M |
| Avg Forecast | $19.56M | $18.91M | $17.24M | $16.34M | $18.14M | $17.04M | $15.18M | $13.92M | $14.76M | $15.74M | $15.53M | $16.62M | $14.77M | $12.45M | $9.67M | $15.11M | $14.52M | $19.80M | $19.97M | $11.94M | $19.71M | $18.51M | $15.16M | $9.44M | $10.55M | $9.07M | $10.23M | $8.39M | $10.73M | $8.17M |
| High Forecast | $19.95M | $19.28M | $17.58M | $16.66M | $18.50M | $17.37M | $15.48M | $14.42M | $14.88M | $15.75M | $15.53M | $19.94M | $14.94M | $12.77M | $9.86M | $18.13M | $17.42M | $19.80M | $19.97M | $14.33M | $19.71M | $18.51M | $15.16M | $11.33M | $10.55M | $9.07M | $10.23M | $10.07M | $10.73M | $8.17M |
| Low Forecast | $19.32M | $18.68M | $17.03M | $16.14M | $17.92M | $16.83M | $14.99M | $13.64M | $14.66M | $15.73M | $15.53M | $13.29M | $14.54M | $12.22M | $9.56M | $12.09M | $11.61M | $19.80M | $19.97M | $9.55M | $19.71M | $18.51M | $15.16M | $7.55M | $10.55M | $9.07M | $10.23M | $6.72M | $10.73M | $8.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.69% | 0.82% | 1.13% | 1.18% | 0.73% | 0.74% | 0.77% | 1.15% | 1.04% | 1.06% | 0.91% | 1.24% | 1.17% | 1.17% |
Silicon Motion's average Quarter SG&A projection for Jun 23 is $9.67M, based on 5 Wall Street analysts, with a range of $9.56M to $9.86M. The forecast indicates a -19.17% fall compared to SIMO last annual SG&A of $11.97M (Mar 23).
Silicon Motion EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $0.71 | $1.30 | $1.56 | $1.61 | $1.72 | $1.59 | $1.42 | $0.99 | $0.04 | $0.72 | $0.80 | $0.74 | $0.73 | $0.12 |
| Avg Forecast | $1.62 | $1.44 | $1.18 | $1.04 | $1.28 | $1.11 | $0.84 | $0.67 | $0.75 | $0.84 | $0.93 | $0.56 | $0.73 | $0.58 | $0.45 | $0.67 | $1.44 | $1.86 | $1.75 | $1.51 | $1.73 | $1.62 | $1.25 | $0.97 | $0.73 | $0.67 | $0.75 | $0.67 | $0.85 | $0.55 |
| High Forecast | $1.66 | $1.48 | $1.21 | $1.07 | $1.31 | $1.13 | $0.86 | $0.77 | $0.93 | $0.85 | $0.93 | $0.56 | $0.80 | $0.80 | $0.46 | $0.68 | $1.48 | $1.86 | $1.75 | $1.55 | $1.81 | $1.62 | $1.25 | $0.97 | $0.73 | $0.67 | $0.75 | $0.67 | $0.85 | $0.55 |
| Low Forecast | $1.60 | $1.42 | $1.16 | $1.03 | $1.26 | $1.09 | $0.82 | $0.60 | $0.29 | $0.84 | $0.93 | $0.56 | $0.67 | $0.47 | $0.44 | $0.65 | $1.42 | $1.86 | $1.75 | $1.47 | $1.65 | $1.62 | $1.25 | $0.97 | $0.73 | $0.67 | $0.75 | $0.67 | $0.85 | $0.55 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.47% | 0.49% | 0.70% | 0.89% | 1.07% | 0.99% | 0.98% | 1.14% | 1.02% | 0.05% | 1.08% | 1.07% | 1.11% | 0.86% | 0.22% |
According to 5 Wall Street analysts, Silicon Motion's projected average Quarter EPS for Jun 23 is $0.45, with a low estimate of $0.44 and a high estimate of $0.46. This represents a 43.65% increase compared to SIMO previous annual EPS of $0.31 (Mar 23).
Silicon Motion Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WKEY | WISeKey | $1.94 | $4.00 | 106.19% | Buy |
| SIMO | Silicon Motion | $54.80 | $82.00 | 49.64% | Buy |
| SGH | Penguin Solutions | $20.85 | $29.38 | 40.91% | Buy |
| UMC | United Microelectronics | $6.77 | $8.66 | 27.92% | Hold |
| SMTC | Semtech | $50.90 | $49.50 | -2.75% | Buy |
| TSM | Taiwan Semiconductor Manufacturing Company | $191.24 | $168.00 | -12.15% | Buy |
| MTSI | MACOM Technology Solutions | $131.33 | $103.88 | -20.90% | Buy |
| AOSL | Alpha and Omega Semiconductor | $40.40 | $31.50 | -22.03% | Buy |