Morgan Stanley upgraded Silicon Motion from Equal-Weight to Overweight and set a new price target of $88.00 from $59.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/31/2025 | $70.00 → $100.00 | Buy | Craig Hallum |
| 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 |
TAIPEI, Taiwan and MILPITAS, Calif., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced that it will participate in the following upcoming conferences: KBCM 26th Annual Technology Leadership Forum Monday, August 11, 2025, 1:30 p.m. MT (webcast) Montage Deer Valley, Park City, UT Needham 6th Annual Virtual Semiconductor & SemiCap 1X1 Conference Wednesday, August 20, 2025 (virtual meetings only) Evercore 2025 Semiconductor, IT Hardware & Networking Conference Tuesday, August 26, 2025 (meetings only) Peninsula Chicago Hotel,
Company Also Demonstrates Full Spectrum of AI Storage Solutions for PCs, Gaming, Edge, Robotics, and Automotive TAIPEI and MILPITAS, Calif., Aug. 5, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced it will showcase its MonTitan™ SM8366 PCIe Gen5 SSD controller solutions, demonstrated using the VAST Data Ceres V2 AI Storage platform and Aetina NVIDIA MGX™ server, at FMS (the Future of Memory and Storage) 2025 in Santa Clara, California, taking place August 5–7 in at booth #315. MonTitan™, together with other advanced storage solutions o
Business Highlights Second quarter of 2025 sales increased 19% Q/Q and decreased 6% Y/Y SSD controller sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 15% to 20% Y/YeMMC+UFS controller sales: 2Q of 2025 increased 40% to 45% Q/Q and increased 10% to 15% Y/YSSD solutions sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 45% to 50% Y/Y Financial Highlights 2Q 2025 GAAP2
SCHEDULE 13G/A - Silicon Motion Technology CORP (0001329394) (Subject)
6-K - Silicon Motion Technology CORP (0001329394) (Filer)
6-K - Silicon Motion Technology CORP (0001329394) (Filer)
Craig Hallum reiterated coverage of Silicon Motion with a rating of Buy and set a new price target of $100.00 from $70.00 previously
BofA Securities upgraded Silicon Motion from Neutral to Buy and set a new price target of $90.00
BofA Securities upgraded Silicon Motion from Underperform to Neutral and set a new price target of $47.00
Business Highlights Second quarter of 2025 sales increased 19% Q/Q and decreased 6% Y/Y SSD controller sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 15% to 20% Y/YeMMC+UFS controller sales: 2Q of 2025 increased 40% to 45% Q/Q and increased 10% to 15% Y/YSSD solutions sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 45% to 50% Y/Y Financial Highlights 2Q 2025 GAAP2
TAIPEI, Taiwan and MILPITAS, Calif., July 28, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 28, 2024, the Board of Directors of the Company declared payment of an annual dividend of US$2.00 per ADS1, equivalent to US$0.50 per ordinary share, which will be paid in four quarterly installments of $0.50 per ADS, equivalent to US$0.125 per ordinary share. According to the previously announced record and payment dates, the next quarterly installment will be paid
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its second quarter 2025 financial results after the market closes on July 30, 2025 and will host a conference call on July 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique acc
TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices, today announced, following a search process, that Jason Tsai, currently the Interim Chief Financial Officer and VP of Investor Relations and Finance of the Company, has been appointed the Chief Financial Officer, effective October 28, 2024. Mr. Tsai has served as our Interim CFO since April 25, 2024. Wallace Kou, Chief Executive Officer of Silicon Motion, said, "Jason has made innumerable contributions to the strong performance of our
TAIPEI, Taiwan and MILPITAS, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion," the "Company" or "we"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today, announced the election of Mr. Cain Lin to its board of directors (the "Board") following the retirement of Mr. Yung-Chien Wang as well as the re-election of Mr. Steve Chen to its board of directors following the annual shareholders meeting on December 14, 2023. "Yung-Chien Wang has been an invaluable member of our Board for the past 18 years. We thank him for his tireless service to the Company and we extend our best wi
SC 13G - Silicon Motion Technology CORP (0001329394) (Subject)
SC 13G/A - Silicon Motion Technology CORP (0001329394) (Subject)