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Silicon Motion Technology (SIMO) Stock Forecast & Price Target

Silicon Motion Technology logo
$56.49 +0.42 (+0.75%)
(As of 12/24/2024 05:19 PM ET)

Silicon Motion Technology - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
8

Based on 9 Wall Street analysts who have issued ratings for Silicon Motion Technology in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, and 8 have given a buy rating for SIMO.

Consensus Price Target

$81.67
44.57% Upside
According to the 9 analysts' twelve-month price targets for Silicon Motion Technology, the average price target is $81.67. The highest price target for SIMO is $95.00, while the lowest price target for SIMO is $60.00. The average price target represents a forecasted upside of 44.57% from the current price of $56.49.
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SIMO Analyst Ratings Over Time

TypeCurrent Forecast
12/26/23 to 12/25/24
1 Month Ago
11/26/23 to 11/25/24
3 Months Ago
9/27/23 to 9/26/24
1 Year Ago
12/26/22 to 12/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$81.67$81.67$85.00$85.33
Forecasted Upside44.57% Upside46.33% Upside38.28% Upside41.42% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

SIMO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SIMO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Silicon Motion Technology Stock vs. The Competition

TypeSilicon Motion TechnologyComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.78
2.68
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside44.57% Upside272.42% Upside13.49% Upside
News Sentiment Rating
Neutral News

See Recent SIMO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/23/2024Wedbush
4 of 5 stars
 Reiterated RatingOutperform$90.00+60.51%
11/1/2024Susquehanna
2 of 5 stars
 Lower TargetPositive ➝ Positive$110.00 ➝ $95.00+79.58%
11/1/2024Needham & Company LLC
2 of 5 stars
 Lower TargetBuy ➝ Buy$94.00 ➝ $75.00+39.38%
10/31/2024Craig Hallum
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 Lower TargetBuy ➝ Buy$96.00 ➝ $90.00+65.38%
10/8/2024Roth Mkm
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 Lower TargetBuy ➝ Buy$90.00 ➝ $80.00+31.28%
9/16/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$78.00 ➝ $65.00+16.57%
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8/16/2024Bank of America
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 DowngradeBuy ➝ Underperform$90.00 ➝ $60.00-10.02%
8/5/2024B. Riley
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 Lower TargetBuy ➝ Buy$112.00 ➝ $95.00+59.56%
2/8/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$77.00 ➝ $85.00+25.18%
5/19/2023888
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 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:44 PM ET.


SIMO Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Silicon Motion Technology is $81.67, with a high forecast of $95.00 and a low forecast of $60.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Silicon Motion Technology in the last twelve months. There is currently 1 sell rating and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SIMO shares.

According to analysts, Silicon Motion Technology's stock has a predicted upside of 44.57% based on their 12-month stock forecasts.

Silicon Motion Technology has been rated by research analysts at Craig Hallum, Needham & Company LLC, Roth Mkm, Susquehanna, and Wedbush in the past 90 days.

Analysts like Silicon Motion Technology more than other "computer and technology" companies. The consensus rating score for Silicon Motion Technology is 2.78 while the average consensus rating score for "computer and technology" companies is 2.69. Learn more on how SIMO compares to other companies.


This page (NASDAQ:SIMO) was last updated on 12/25/2024 by MarketBeat.com Staff
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