Silicon Motion Technology Corporation (SIMO)

Silicon Motion reported Q2 2025 net sales of $198.7 million, a 19% quarter-over-quarter increase but a 6% year-over-year decline. The company saw strong growth in PCIe5 client SSD controllers and eMMC/UFS products, with expectations of continued expansion in new product markets.

IBM is expected to report lower software revenues due to weakness in the hybrid platform & solutions business, but its focus on product innovation and the growing clout of watsonx.ai are tailwinds. The company's acquisition of HashiCorp is expected to strengthen its hybrid multi-cloud approach and accelerate innovation.

Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on Silicon Motion Technology (NASDAQ:SIMO) in the last three months. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 6 0 0 0 Last 30D 1 2 0 0 0 1M Ago 2 2 0 0 0 2M Ago 1 0 0 0 0 3M Ago 1 2 0 0 0 Analysts have set 12-month price targets for Silicon Motion Technology, revealing an average target of $90.18, a high estimate of $110.00, and a low estimate of $85.00. Observing a 9.53% increase, the current average has risen from the previous average price target of $82.33. Analyzing Analyst Ratings: A Detailed Breakdown The perception of Silicon Motion Technology by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mehdi Hosseini Susquehanna Raises Positive $110.00 $100.00 Ray Wu Morgan Stanley Raises Overweight $88.00 $59.00 Quinn Bolton Needham Maintains Buy $85.00 - Matt Bryson Wedbush Maintains Outperform $85.00 - Craig Ellis B. Riley Securities Raises Buy $101.00 $93.00 Matt Bryson Wedbush Maintains Outperform $85.00 - Quinn Bolton Needham Raises Buy $85.00 $75.00 Craig Ellis B. Riley Securities Raises Buy $93.00 $90.00 Gokul Hariharan JP Morgan Raises Overweight $85.00 $77.00 Matt Bryson Wedbush Maintains Outperform $85.00 - Craig Ellis B. Riley Securities Announces Buy $90.00 - Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Silicon Motion Technology. This offers insight into analysts' perspectives on the current state ...Full story available on Benzinga.com

The company apparently dodged a large-scale natural disaster on a day when it was tapped as one of an analyst's top picks.

A Mizuho analyst thinks Apple’s stock could get ‘killed’ if Berkshire Hathaway is revealed to be selling more of its sizable stake in Apple.