Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers SSDs used in PCs and other devices, as well as eMMC and UFS mobile embedded storage used in smartphones and IOT devices. The company also provides enterprise-grade SSDs used in data centers; and small form-factor specialized SSDs used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the Ferri SSD and Ferri-eMMC brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and internationally. Silicon Motion Technology Corporation was founded in 1995 and is based in Kowloon, Hong Kong.
IPO Year: 2005
Exchange: NASDAQ
Website: siliconmotion.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/18/2025 | $90.00 | Neutral → Buy | BofA Securities |
| 4/23/2025 | $47.00 | Underperform → Neutral | BofA Securities |
| 10/31/2024 | $96.00 → $90.00 | Buy | Craig Hallum |
| 8/16/2024 | $90.00 → $60.00 | Buy → Underperform | BofA Securities |
| 5/6/2024 | $80.00 → $96.00 | Buy | Craig Hallum |
| 5/6/2024 | $59.00 → $88.00 | Equal-Weight → Overweight | Morgan Stanley |
| 2/7/2024 | $64.00 → $90.00 | Neutral → Buy | B. Riley Securities |
| 2/7/2024 | $75.00 → $80.00 | Buy | Craig Hallum |
| 1/4/2024 | $54.00 → $77.00 | Neutral → Overweight | JP Morgan |
| 11/2/2023 | $60.00 → $75.00 | Neutral → Buy | ROTH MKM |