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 44.06% upside from SIMO’s last price of $56.92) 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 44.06% upside from SIMO's last price of $56.92.
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% | 5.41% |
| May 22, 2024 | Suji Desilva | Roth Capital | $95.00 | $80.05 | 18.68% | 66.90% |
| May 06, 2024 | Ray Wu | Morgan Stanley | $88.00 | $73.95 | 18.99% | 54.60% |
| Apr 10, 2024 | Rajvindra Gill | Needham | $85.00 | $80.43 | 5.68% | 49.33% |
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 5.41% increase from SIMO last price ($56.92).
Silicon Motion Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $60.00 | $60.00 | $82.00 |
| Last Closing Price | $56.92 | $56.92 | $56.92 |
| Upside/Downside | 5.41% | 5.41% | 44.06% |
In the current month, the average price target of Silicon Motion stock is $60.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.41% increase as opposed to Silicon Motion's last price of $56.92. This month's average price target is down 0.00% compared to last quarter, and down -26.83% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 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 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 | $268.00M | $264.00M | $244.35M | $227.65M | $244.83M | $237.72M | $213.65M | $197.12M | $208.26M | $209.27M | $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 | $269.61M | $265.59M | $245.82M | $229.02M | $246.31M | $239.15M | $214.94M | $198.31M | $209.51M | $210.61M | $207.99M | $181.13M | $198.91M | $170.00M | $129.53M | $161.82M | $248.78M | $264.92M | $265.63M | $245.11M | $270.61M | $254.13M | $208.11M | $176.22M | $144.80M | $124.54M | $140.46M | $134.13M | $147.27M | $112.19M |
| Low Forecast | $262.57M | $258.65M | $239.40M | $223.04M | $239.87M | $232.90M | $209.32M | $193.13M | $204.04M | $205.30M | $202.56M | $176.40M | $193.58M | $162.60M | $126.15M | $157.59M | $242.28M | $258.00M | $265.63M | $233.68M | $258.00M | $242.29M | $198.41M | $168.01M | $138.05M | $118.74M | $133.91M | $127.88M | $140.41M | $106.96M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 7 | 4 | 6 | 11 | 11 | 9 | 8 | 8 | 7 | 5 |
| 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 $126.15M, and a high forecast of $129.53M. 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 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 7 | 4 | 6 | 11 | 11 | 9 | 8 | 8 | 7 | 5 |
| 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 | $56.46M | $55.61M | $51.47M | $47.96M | $51.58M | $50.08M | $45.01M | $41.53M | $43.87M | $44.08M | $43.55M | $73.03M | $41.40M | $34.91M | $27.12M | $66.39M | $52.09M | $77.65M | $55.96M | $52.48M | $71.77M | $70.59M | $59.86M | $41.49M | $4.17M | $26.45M | $31.91M | $23.75M | $29.63M | $7.09M |
| High Forecast | $56.80M | $55.95M | $51.78M | $48.24M | $51.89M | $50.38M | $45.28M | $41.78M | $44.14M | $44.37M | $43.81M | $87.64M | $41.90M | $35.81M | $27.29M | $79.67M | $52.41M | $93.18M | $55.96M | $62.98M | $86.12M | $84.71M | $71.84M | $49.79M | $5.00M | $31.74M | $38.30M | $28.50M | $35.56M | $8.51M |
| Low Forecast | $55.31M | $54.49M | $50.43M | $46.98M | $50.53M | $49.06M | $44.10M | $40.68M | $42.98M | $43.25M | $42.67M | $58.42M | $40.78M | $34.25M | $26.57M | $53.11M | $51.04M | $62.12M | $55.96M | $41.99M | $57.42M | $56.47M | $47.89M | $33.19M | $3.33M | $21.16M | $25.53M | $19.00M | $23.71M | $5.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.17% | 0.57% | 0.77% | 1.30% | 1.35% | 1.03% | 1.04% | 1.11% | 1.19% | 5.17% | 1.10% | 1.05% | 1.19% | 0.80% | 3.59% |
5 analysts predict SIMO's average Quarter EBITDA for Jun 23 to be $27.12M, with a high of $27.29M and a low of $26.57M. This is 143.69% 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 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 7 | 4 | 6 | 11 | 11 | 9 | 8 | 8 | 7 | 5 |
| 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 | $56.44M | $54.76M | $46.00M | $39.59M | $48.02M | $44.86M | $35.02M | $28.83M | $33.32M | $28.53M | $31.25M | $52.52M | $24.52M | $19.44M | $15.01M | $47.75M | $48.69M | $58.74M | $59.07M | $37.74M | $55.76M | $53.40M | $45.38M | $29.84M | $1.07M | $21.01M | $25.95M | $20.89M | $22.80M | $3.23M |
| High Forecast | $56.88M | $55.19M | $46.36M | $39.90M | $48.39M | $45.21M | $35.29M | $29.06M | $33.58M | $29.87M | $31.49M | $63.02M | $27.10M | $27.09M | $15.12M | $57.29M | $49.07M | $70.48M | $59.07M | $45.29M | $66.91M | $64.08M | $54.46M | $35.80M | $1.28M | $25.21M | $31.14M | $25.06M | $27.36M | $3.88M |
| Low Forecast | $54.96M | $53.32M | $44.78M | $38.55M | $46.75M | $43.68M | $34.09M | $28.07M | $32.44M | $26.85M | $30.42M | $42.02M | $22.59M | $15.94M | $14.61M | $38.20M | $47.40M | $46.99M | $59.07M | $30.19M | $44.61M | $42.72M | $36.31M | $23.87M | $854.35K | $16.81M | $20.76M | $16.71M | $18.24M | $2.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.21% | 0.48% | 0.73% | 0.87% | 1.44% | 1.09% | 1.04% | 1.09% | 1.15% | 1.27% | 1.16% | 1.09% | 1.24% | 1.12% | 1.30% |
Silicon Motion's average Quarter net income forecast for Jun 23 is $15.01M, with a range of $14.61M to $15.12M. SIMO's average Quarter net income forecast represents a 47.85% 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 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 7 | 4 | 6 | 11 | 11 | 9 | 8 | 8 | 7 | 5 |
| 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 | $20.15M | $19.85M | $18.37M | $17.11M | $18.40M | $17.87M | $16.06M | $14.82M | $15.66M | $15.73M | $15.54M | $16.62M | $14.77M | $12.46M | $9.68M | $15.11M | $18.59M | $14.50M | $19.97M | $11.94M | $13.20M | $13.18M | $10.75M | $9.44M | $8.67M | $8.31M | $8.61M | $8.39M | $11.08M | $7.32M |
| High Forecast | $20.27M | $19.96M | $18.48M | $17.22M | $18.52M | $17.98M | $16.16M | $14.91M | $15.75M | $15.83M | $15.63M | $19.94M | $14.95M | $12.78M | $9.74M | $18.13M | $18.70M | $17.40M | $19.97M | $14.33M | $15.83M | $15.82M | $12.90M | $11.33M | $10.41M | $9.98M | $10.33M | $10.07M | $13.30M | $8.78M |
| Low Forecast | $19.74M | $19.44M | $18.00M | $16.77M | $18.03M | $17.51M | $15.74M | $14.52M | $15.34M | $15.43M | $15.23M | $13.29M | $14.55M | $12.22M | $9.48M | $12.09M | $18.21M | $11.60M | $19.97M | $9.55M | $10.56M | $10.54M | $8.60M | $7.55M | $6.94M | $6.65M | $6.88M | $6.72M | $8.87M | $5.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.54% | 1.13% | 1.13% | 1.18% | 1.09% | 1.04% | 1.09% | 1.15% | 1.27% | 1.16% | 1.09% | 1.24% | 1.13% | 1.30% |
Silicon Motion's average Quarter SG&A projection for Jun 23 is $9.68M, based on 5 Wall Street analysts, with a range of $9.48M to $9.74M. The forecast indicates a -19.13% 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 | 4 | 3 | 6 | 3 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 5 | 3 | 7 | 4 | 6 | 11 | 11 | 9 | 8 | 8 | 7 | 5 |
| 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 | $1.68 | $1.63 | $1.36 | $1.18 | $1.43 | $1.33 | $1.04 | $0.86 | $0.99 | $0.85 | $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 | $1.69 | $1.64 | $1.38 | $1.18 | $1.44 | $1.34 | $1.05 | $0.86 | $1.00 | $0.89 | $0.93 | $0.56 | $0.80 | $0.80 | $0.45 | $0.67 | $1.46 | $1.87 | $1.75 | $1.57 | $1.80 | $1.69 | $1.30 | $1.01 | $0.76 | $0.70 | $0.78 | $0.70 | $0.88 | $0.57 |
| Low Forecast | $1.63 | $1.58 | $1.33 | $1.14 | $1.39 | $1.30 | $1.01 | $0.83 | $0.96 | $0.80 | $0.90 | $0.54 | $0.67 | $0.47 | $0.43 | $0.65 | $1.41 | $1.81 | $1.75 | $1.48 | $1.70 | $1.58 | $1.22 | $0.95 | $0.71 | $0.65 | $0.73 | $0.66 | $0.83 | $0.54 |
| 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 $0.45. 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 | $2.19 | $40.00 | 1726.48% | - |
| SGH | SMART Global | $17.79 | $29.38 | 65.15% | Buy |
| SIMO | Silicon Motion | $56.92 | $82.00 | 44.06% | Buy |
| SMTC | Semtech | $39.46 | $49.50 | 25.44% | Buy |
| UMC | United Microelectronics | $8.28 | $9.93 | 19.93% | Buy |
| TSM | Taiwan Semiconductor Manufacturing Company | $156.82 | $183.75 | 17.17% | Buy |
| MTSI | MACOM Technology Solutions | $95.67 | $103.25 | 7.92% | Buy |
| AOSL | Alpha and Omega Semiconductor | $32.10 | $31.50 | -1.87% | Buy |
SIMO Forecast FAQ
Is Silicon Motion a good buy?
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.
What is SIMO's price target?
Silicon Motion (SIMO) average price target is $82 with a range of $60 to $95, implying a 44.06% from its last price of $56.92. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Silicon Motion stock go up soon?
According to Wall Street analysts' prediction for SIMO stock, the company can go up by 44.06% (from the last price of $56.92 to the average price target of $82), up by 66.90% based on the highest stock price target, and up by 5.41% based on the lowest stock price target.
Can Silicon Motion stock reach $90?
SIMO's highest twelve months analyst stock price target of $95 supports the claim that Silicon Motion can reach $90 in the near future.
What is Silicon Motion's current price target trend?
1 Wall Street analyst forecast a $60 price target for Silicon Motion (SIMO) this month, up 5.41% from its last price of $56.92. Compared to the last 3 and 12 months, the average price target increased by 5.41% and increased by 44.06%, respectively.
What are Silicon Motion's analysts' financial forecasts?
Silicon Motion's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $893.33M (high $898.71M, low $875.23M), average EBITDA is $188.19M (high $189.32M, low $184.37M), average net income is $156.73M (high $157.95M, low $152.6M), average SG&A $67.15M (high $67.56M, low $65.79M), and average EPS is $4.65 (high $4.69, low $4.53). SIMO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1B (high $1.01B, low $983.66M), average EBITDA is $211.5M (high $212.77M, low $207.21M), average net income is $196.79M (high $198.33M, low $191.61M), average SG&A $75.47M (high $75.93M, low $73.94M), and average EPS is $5.84 (high $5.89, low $5.69).
Did the SIMO's actual financial results beat the analysts' financial forecasts?
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 $238.18M by -2.07%. The company's net income was $172.51M, missing the average estimation of $204.24M by -15.54%. Apple's SG&A was $62.98M, missing the average forecast of $65M by -3.10%. 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%