Equities Analysts Set Expectations for SIMO Q3 Earnings

Silicon Motion Technology Co. (NASDAQ:SIMO - Free Report) - Wedbush cut their Q3 2025 earnings per share (EPS) estimates for shares of Silicon Motion Technology in a research note issued to investors on Thursday, February 6th. Wedbush analyst M. Bryson now forecasts that the semiconductor producer will post earnings per share of $0.92 for the quarter, down from their previous estimate of $1.05. Wedbush currently has a "Outperform" rating and a $90.00 target price on the stock. The consensus estimate for Silicon Motion Technology's current full-year earnings is $2.91 per share. Wedbush also issued estimates for Silicon Motion Technology's FY2026 earnings at $5.01 EPS.

SIMO has been the subject of a number of other research reports. Craig Hallum cut their target price on shares of Silicon Motion Technology from $96.00 to $90.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. StockNews.com cut Silicon Motion Technology from a "buy" rating to a "hold" rating in a report on Thursday. Susquehanna reduced their price objective on Silicon Motion Technology from $110.00 to $95.00 and set a "positive" rating on the stock in a research note on Friday, November 1st. Finally, Needham & Company LLC restated a "buy" rating and issued a $70.00 target price on shares of Silicon Motion Technology in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $80.63.

Silicon Motion Technology Trading Up 1.8 %

Shares of Silicon Motion Technology stock traded up $0.98 during mid-day trading on Monday, reaching $55.28. 499,243 shares of the stock were exchanged, compared to its average volume of 391,533. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 20.55, a price-to-earnings-growth ratio of 1.34 and a beta of 0.79. Silicon Motion Technology has a fifty-two week low of $48.81 and a fifty-two week high of $85.87. The firm has a 50-day simple moving average of $54.51 and a 200 day simple moving average of $56.99.

Silicon Motion Technology (NASDAQ:SIMO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor producer reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.10). Silicon Motion Technology had a return on equity of 11.59% and a net margin of 11.29%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. lifted its holdings in Silicon Motion Technology by 129.4% in the third quarter. Advisors Asset Management Inc. now owns 445 shares of the semiconductor producer's stock valued at $27,000 after buying an additional 251 shares during the period. GAMMA Investing LLC lifted its stake in shares of Silicon Motion Technology by 123.2% in the 4th quarter. GAMMA Investing LLC now owns 877 shares of the semiconductor producer's stock valued at $47,000 after purchasing an additional 484 shares during the period. Blue Trust Inc. lifted its stake in shares of Silicon Motion Technology by 139.5% in the 3rd quarter. Blue Trust Inc. now owns 1,365 shares of the semiconductor producer's stock valued at $83,000 after purchasing an additional 795 shares during the period. Van ECK Associates Corp bought a new position in shares of Silicon Motion Technology in the 3rd quarter worth $151,000. Finally, Virtu Financial LLC acquired a new stake in shares of Silicon Motion Technology during the fourth quarter worth $208,000. Institutional investors own 78.02% of the company's stock.

Silicon Motion Technology announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 5th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the semiconductor producer to purchase up to 2.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

Silicon Motion Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, February 13th. This represents a $2.00 annualized dividend and a yield of 3.62%. Silicon Motion Technology's dividend payout ratio is currently 73.98%.

About Silicon Motion Technology

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. 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; 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.