Silicon Motion (SIMO) Stock Forecast, Price Target & Predictions


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SIMO Stock Forecast


Silicon Motion stock forecast is as follows: an average price target of $82.00 (represents a 56.82% upside from SIMO’s last price of $52.29) 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 56.82% upside from SIMO's last price of $52.29.

SIMO Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 15, 2024Simon WooBank of America Securities$60.00$66.68-10.02%14.74%
May 22, 2024Suji DesilvaRoth Capital$95.00$80.0518.68%81.68%
May 06, 2024Ray WuMorgan Stanley$88.00$73.9518.99%68.29%
Apr 10, 2024Rajvindra GillNeedham$85.00$80.435.68%62.55%
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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 14.74% increase from SIMO last price ($52.29).

Silicon Motion Price Target by Period


1M3M12M
# Anlaysts-14
Avg Price Target-$60.00$82.00
Last Closing Price$52.29$52.29$52.29
Upside/Downside-100.00%14.74%56.82%

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 $52.29. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 08, 2024B. RileyBuyBuyHold
May 06, 2024Craig-HallumBuyBuyHold
May 06, 2024B. RileyBuyBuyHold
May 06, 2024Morgan Stanley-OverweightUpgrade
Apr 15, 2024WedbushOutperformOutperformHold
Oct 05, 2022Susquehanna-PositiveUpgrade
Oct 05, 2022Janney Montgomery-NeutralInitialise
Apr 26, 2022Zacks Investment Research-BuyUpgrade
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Silicon Motion's last stock rating was published by B. Riley on Jul 08, 2024. The company gave SIMO a "Buy" rating, the same as its previous rate.

Silicon Motion Financial Forecast


Silicon Motion Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$255.70M$229.50M$217.43M$241.47M$226.75M$202.04M$185.23M$196.46M$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$271.80M$266.93M$239.58M$226.98M$252.07M$236.71M$210.91M$191.93M$199.90M$209.64M$206.75M$180.05M$198.91M$170.00M$134.41M$167.92M$258.16M$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$253.26M$248.72M$223.24M$211.50M$234.88M$220.56M$196.52M$179.37M$193.19M$209.35M$206.75M$180.05M$193.58M$162.60M$125.24M$156.46M$240.54M$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
# Analysts3333444663224854434354545159988
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 $125.24M, and a high forecast of $134.41M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444663224854434354545159988
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$54.85M$53.86M$48.35M$45.80M$50.87M$47.77M$42.56M$39.02M$41.39M$44.13M$43.55M$73.03M$41.40M$34.91M$27.12M$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$57.26M$56.23M$50.47M$47.82M$53.10M$49.86M$44.43M$40.43M$42.11M$44.16M$43.55M$87.64M$41.90M$35.81M$28.31M$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$53.35M$52.39M$47.03M$44.55M$49.48M$46.46M$41.40M$37.78M$40.70M$44.10M$43.55M$58.42M$40.78M$34.25M$26.38M$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 $27.12M, with a high of $28.31M and a low of $26.38M. This is 143.69% upper than Silicon Motion's previous annual EBITDA (Mar 23) of $11.13M.

Silicon Motion Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444663224854434354545159988
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$53.25M$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$57.83M$56.29M$42.16M$37.17M$45.47M$39.39M$29.76M$23.51M$27.04M$28.58M$31.25M$63.02M$27.10M$27.10M$15.86M$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$52.77M$51.36M$38.46M$33.91M$41.48M$35.94M$27.16M$20.81M$23.50M$28.32M$31.24M$42.02M$22.59M$15.94M$14.48M$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 $14.48M to $15.86M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444663224854434354545159988
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$19.57M$19.22M$17.25M$16.34M$18.15M$17.04M$15.19M$13.92M$14.77M$15.75M$15.54M$16.62M$14.77M$12.46M$9.68M$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$20.43M$20.07M$18.01M$17.06M$18.95M$17.79M$15.85M$14.43M$15.03M$15.76M$15.54M$19.94M$14.95M$12.78M$10.10M$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$19.04M$18.70M$16.78M$15.90M$17.66M$16.58M$14.77M$13.48M$14.52M$15.74M$15.54M$13.29M$14.55M$12.22M$9.41M$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 $9.68M, based on 5 Wall Street analysts, with a range of $9.41M to $10.10M. The forecast indicates a -19.13% fall compared to SIMO last annual SG&A of $11.97M (Mar 23).

Silicon Motion EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444663224854434354545159988
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$1.58$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$1.72$1.67$1.25$1.10$1.35$1.17$0.88$0.70$0.80$0.85$0.93$0.56$0.80$0.80$0.47$0.70$1.53$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$1.57$1.52$1.14$1.01$1.23$1.07$0.81$0.62$0.70$0.84$0.93$0.56$0.67$0.47$0.43$0.64$1.39$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 $0.43 and a high estimate of $0.47. This represents a 43.65% increase compared to SIMO previous annual EPS of $0.31 (Mar 23).

Silicon Motion Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
WKEYWISeKey$1.92$4.00108.33%Buy
SIMOSilicon Motion$52.29$82.0056.82%Buy
SGHSMART Global$20.85$29.3840.91%Buy
UMCUnited Microelectronics$7.07$8.6622.49%Hold
SMTCSemtech$43.92$49.5012.70%Buy
TSMTaiwan Semiconductor Manufacturing Company$191.56$183.75-4.08%Buy
AOSLAlpha and Omega Semiconductor$33.25$31.50-5.26%Buy
MTSIMACOM Technology Solutions$113.80$103.88-8.72%Buy

SIMO Forecast FAQ


Yes, according to 7 Wall Street analysts, Silicon Motion (SIMO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of SIMO's total ratings.

Silicon Motion (SIMO) average price target is $82 with a range of $60 to $95, implying a 56.82% from its last price of $52.29. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SIMO stock, the company can go up by 56.82% (from the last price of $52.29 to the average price target of $82), up by 81.68% based on the highest stock price target, and up by 14.74% based on the lowest stock price target.

SIMO's average twelve months analyst stock price target of $82 supports the claim that Silicon Motion can reach $80 in the near future.

Silicon Motion's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $855.48M (high $891.62M, low $831.32M), average EBITDA is $180.21M (high $187.83M, low $175.12M), average net income is $131.12M (high $138.13M, low $125.38M), average SG&A $64.31M (high $67.02M, low $62.49M), and average EPS is $3.89 (high $4.1, low $3.72). SIMO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $963M (high $1.01B, low $936.72M), average EBITDA is $202.86M (high $211.77M, low $197.33M), average net income is $182.99M (high $193.44M, low $176.5M), average SG&A $72.39M (high $75.57M, low $70.41M), and average EPS is $5.43 (high $5.74, low $5.24).

Based on Silicon Motion's last annual report (Dec 2022), the company's revenue was $945.92M, which missed the average analysts forecast of $1.01B by -6.69%. Apple's EBITDA was $233.25M, missing the average prediction of $242.86M by -3.96%. The company's net income was $172.51M, missing the average estimation of $220.8M by -21.87%. Apple's SG&A was $62.98M, missing the average forecast of $66.22M by -4.89%. Lastly, the company's EPS was $5.19, missing the average prediction of $6.56 by -20.94%. In terms of the last quarterly report (Mar 2023), Silicon Motion's revenue was $124.07M, missing the average analysts' forecast of $160.85M by -22.87%. The company's EBITDA was $11.13M, missing the average prediction of $66.39M by -83.24%. Silicon Motion's net income was $10.15M, missing the average estimation of $47.75M by -78.74%. The company's SG&A was $11.97M, missing the average forecast of $15.11M by -20.78%. Lastly, the company's EPS was $0.31, missing the average prediction of $0.665 by -53.41%