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Silicon Motion TechnologyNASDAQ: SIMO

Profile

Sector:

Technology

Country:

Hong Kong

IPO:

30 June 2005

Next earnings report:

06 February 2025

Last dividends:

14 November 2024

Next dividends:

07 August 2025
$1.72 B
-48%vs. 3y high
60%vs. sector
-60%vs. 3y high
24%vs. sector
-60%vs. 3y high
48%vs. sector
-48%vs. 3y high
45%vs. sector

Price

after hours | Fri, 15 Nov 2024 22:10:37 GMT
$51.01-$3.69(-6.75%)
$212.41 M$196.47 M
$212.41 M$20.84 M

Analysts recommendations

Institutional Ownership

SIMO Latest News

Silicon Motion: NAND Flash Has Got To Give - Maintaining Buy
seekingalpha.com10 November 2024 Sentiment: POSITIVE

Silicon Motion stock traded weaker since my buy call in May, down 25%, but I see a turnaround moment ahead. Silicon Motion Technology, a leader in NAND flash controllers, faces near-term market weakness but is poised for a 2025 rebound, especially in QLC NAND. The anticipated recovery in smartphone and PC markets, plus new product ramps like MonTitan and PCIe 5 controller, should support share gain for Silicon Motion.

Wall Street Bulls Look Optimistic About Silicon Motion (SIMO): Should You Buy?
zacks.com06 November 2024 Sentiment: POSITIVE

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Investors Heavily Search Silicon Motion Technology Corporation (SIMO): Here is What You Need to Know
zacks.com06 November 2024 Sentiment: POSITIVE

Silicon Motion (SIMO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Silicon Motion Technology: The Decline May Not Have Much Further To Go
seekingalpha.com04 November 2024 Sentiment: NEUTRAL

The Q3 FY2024 report was a letdown, and the stock may have further to drop, but a bottom could be on the horizon. Quarterly results are in a slump and likely to stay that way into early 2025, but the second half could be better with new products from Silicon Motion Technology. FY2025 could be a year of expansion even with a slow start in Q1, but it will require some clarification on the political front to really know what to expect.

Silicon Motion Technology Corporation (SIMO) Q3 2024 Earnings Call Transcript
seekingalpha.com31 October 2024 Sentiment: POSITIVE

Silicon Motion Technology Corporation (NASDAQ:SIMO ) Q3 2024 Results Conference Call October 31, 2024 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 Suji Desilva - ROTH Capital Matt Bryson - Wedbush Securities Operator Good day, and thank you for standing by.

Silicon Motion's Q3 Earnings Beat Estimates on Solid Revenue Growth
zacks.com31 October 2024 Sentiment: POSITIVE

SIMO reports solid third-quarter 2024 results, driven by healthy demand trends.

Silicon Motion Announces Results for the Period Ended September 30, 2024
globenewswire.com30 October 2024 Sentiment: POSITIVE

Business Highlights Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/Y eMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q and increased 40% to 45% Y/Y SSD solutions sales: 3Q of 2024 increased 5% to 10% Q/Q and increased 5% to 10% Y/Y Financial Highlights   3Q 2024 GAAP 3Q 2024 Non-GAAP • Net sales $212.4 million (+1% Q/Q, +23% Y/Y) $212.4 million (+1% Q/Q, +23% Y/Y) • Gross margin 46.7% 46.8% • Operating margin 11.5% 16.1% • Earnings per diluted ADS $0.62 $0.92 TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2024.

Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
zacks.com22 October 2024 Sentiment: NEUTRAL

Silicon Motion (SIMO) reachead $57 at the closing of the latest trading day, reflecting a -0.26% change compared to its last close.

Is Trending Stock Silicon Motion Technology Corporation (SIMO) a Buy Now?
zacks.com11 October 2024 Sentiment: POSITIVE

Recently, Zacks.com users have been paying close attention to Silicon Motion (SIMO). This makes it worthwhile to examine what the stock has in store.

Silicon Motion (SIMO) Sees a More Significant Dip Than Broader Market: Some Facts to Know
zacks.com07 October 2024 Sentiment: NEUTRAL

In the latest trading session, Silicon Motion (SIMO) closed at $60.20, marking a -1.54% move from the previous day.

What type of business is Silicon Motion Technology?

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; enterprise-grade SSDs used in enterprise and hyperscale data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; and single-chip SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. Silicon Motion Technology Corporation was founded in 1995 and is based in Hong Kong, Hong Kong.

What sector is Silicon Motion Technology in?

Silicon Motion Technology is in the Technology sector

What industry is Silicon Motion Technology in?

Silicon Motion Technology is in the Semiconductors industry

What country is Silicon Motion Technology from?

Silicon Motion Technology is headquartered in Hong Kong

When did Silicon Motion Technology go public?

Silicon Motion Technology initial public offering (IPO) was on 30 June 2005

What is Silicon Motion Technology website?

https://www.siliconmotion.com

Is Silicon Motion Technology in the S&P 500?

No, Silicon Motion Technology is not included in the S&P 500 index

Is Silicon Motion Technology in the NASDAQ 100?

No, Silicon Motion Technology is not included in the NASDAQ 100 index

Is Silicon Motion Technology in the Dow Jones?

No, Silicon Motion Technology is not included in the Dow Jones index

When was Silicon Motion Technology the previous earnings report?

No data

When does Silicon Motion Technology earnings report?

The next expected earnings date for Silicon Motion Technology is 06 February 2025