Silicon MotionSIMO
SIMO
About: Silicon Motion Technology Corp is active in the semiconductor industry and focuses on designing, developing, and marketing of controllers for managing NAND flash used in embedded storage applications, such as eMMC embedded memory. Its only operating segment is to develop NAND flash controllers and SSDs solutions. The company derives revenue from product categories such as Mobile Storage, Mobile Communications, and others. Silicon's geographical segments are Taiwan, the United States, Korea, China, Singapore, Malaysia, and others. The company products are used in Personal Computing, Smartphone/Tablet/CE, Flash Card/USB Flash Drive, Industrial and Embedded, Automotive, and Enterprise and Data centers.
Employees: 1,546
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
196% more call options, than puts
Call options by funds: $44.6M | Put options by funds: $15.1M
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
0% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 30
0.17% less ownership
Funds ownership: 20.26% [Q3] → 20.08% (-0.17%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 73
1% less funds holding
Funds holding: 198 [Q3] → 196 (-2) [Q4]
10% less capital invested
Capital invested by funds: $1.62B [Q3] → $1.46B (-$157M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$70
19%
upside
Avg. target
$70
19%
upside
High target
$70
19%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Needham Quinn Bolton 58% 1-year accuracy 80 / 139 met price target | 19%upside $70 | Buy Reiterated | 7 Feb 2025 |
Financial journalist opinion
Based on 11 articles about SIMO published over the past 30 days
Positive
Zacks Investment Research
1 week ago
Silicon Motion Technology Corporation (SIMO) is Attracting Investor Attention: Here is What You Should Know
Silicon Motion (SIMO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Positive
Zacks Investment Research
2 weeks ago
Is It Worth Investing in Silicon Motion (SIMO) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Neutral
Seeking Alpha
2 weeks ago
Silicon Motion Technology Corporation (SIMO) Q4 2024 Earnings Call Transcript
Silicon Motion Technology Corporation (NASDAQ:SIMO ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Tom Sepenzis - Senior Director of IR & Strategy Wallace Kou - President & Chief Executive Officer Jason Tsai - Interim Chief Financial Officer Conference Call Participants Mehdi Hosseini - Susquehanna Financial Group Craig Ellis - B. Riley Securities Nick Doyle - Needham & Company Suji Desilva - ROTH Capital Matt Bryson - Wedbush Securities Operator Good day, and thank you for standing by.
Positive
Zacks Investment Research
2 weeks ago
SIMO Beats Q4 Earnings Estimates Despite Revenue Contraction
Despite soft revenues owing to weak demand trends in multiple markets, Silicon Motion beats fourth-quarter earnings estimates.
Neutral
PRNewsWire
2 weeks ago
Silicon Motion First to Achieve ASPICE CL3 for Automotive SSD Controllers
TAIPEI and MILPITAS, Calif. , Feb. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today proudly announces its PCIe Gen4 SSD controller has achieved ASPICE Capability Level 3 (CL3) after assessment by UL Solutions (NYSE: ULS), positioning Silicon Motion as the world's first SSD controller vendor to achieve this milestone.
Neutral
GlobeNewsWire
2 weeks ago
Silicon Motion Announces Results for the Period Ended December 31, 2024
Business Highlights Fourth quarter of 2024 sales decreased 10% Q/Q and decreased 6% Y/Y SSD controller sales: 4Q of 2024 decreased 5% to 10% Q/Q and decreased 5% to 10% Y/Y eMMC+UFS controller sales: 4Q of 2024 decreased 10% to 15% Q/Q and were flat Y/Y SSD solutions sales: 4Q of 2024 decreased 35% to 40% Q/Q and decreased 25% to 30% Y/Y Announced annual cash dividend of $2.00 per American Depositary Share (“ADS”) Financial Highlights 4Q 2024 GAAP 4Q 2024 Non-GAAP* • Net sales $191.2 million (-10% Q/Q, -6% Y/Y) $191.2 million (-10% Q/Q, -6% Y/Y) • Gross margin 46.8% 47.0% • Operating margin 10.3% 16.5% • Earnings per diluted ADS $0.68 $0.91 Full Year 2024 GAAP Full Year 2024 Non-GAAP* • Net sales $803.6 million (+26% Y/Y) $803.6 million (+26% Y/Y) • Gross margin 46.1% 46.2% • Operating margin 11.6% 15.3% • Earnings per diluted ADS $2.69 $3.43 * Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release. TAIPEI, Taiwan and MILPITAS, Calif.
Neutral
GlobeNewsWire
2 weeks ago
Silicon Motion Announces New $50 Million Share Repurchase Program
TAIPEI, Taiwan and MILPITAS, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to $50 million of its American Depositary Shares (“ADSs”) over a six-month period (the “Repurchase Program”), effective immediately.
Neutral
Zacks Investment Research
3 weeks ago
Silicon Motion (SIMO) Rises As Market Takes a Dip: Key Facts
In the latest trading session, Silicon Motion (SIMO) closed at $54.61, marking a +1.94% move from the previous day.
Positive
Zacks Investment Research
3 weeks ago
Silicon Motion Technology Corporation (SIMO) Is a Trending Stock: Facts to Know Before Betting on It
Silicon Motion (SIMO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Negative
Zacks Investment Research
3 weeks ago
Silicon Motion (SIMO) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the most recent trading session, Silicon Motion (SIMO) closed at $51.06, indicating a +0.41% shift from the previous trading day.
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