Silicon Motion Technology (NASDAQ:SIMO) Price Target Raised to $155.00 at Needham & Company LLC

Silicon Motion Technology (NASDAQ:SIMO) had its price target boosted by Needham & Company LLC from $125.00 to $155.00 in a research note released on Thursday,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor producer’s stock.

A number of other brokerages also recently issued reports on SIMO. Wedbush set a $120.00 price target on Silicon Motion Technology in a research report on Monday, November 3rd. Roth Mkm set a $140.00 target price on Silicon Motion Technology and gave the stock a “buy” rating in a research note on Wednesday. B. Riley increased their target price on Silicon Motion Technology from $125.00 to $135.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Susquehanna boosted their price target on shares of Silicon Motion Technology from $95.00 to $120.00 and gave the stock a “positive” rating in a report on Monday, November 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Silicon Motion Technology from $85.00 to $110.00 and gave the stock an “overweight” rating in a research report on Monday, November 3rd. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.50.

Silicon Motion Technology Stock Performance

Shares of Silicon Motion Technology stock opened at $126.18 on Thursday. The firm has a 50-day simple moving average of $102.06 and a two-hundred day simple moving average of $91.71. Silicon Motion Technology has a fifty-two week low of $37.21 and a fifty-two week high of $133.34. The company has a market cap of $4.29 billion, a P/E ratio of 34.66, a price-to-earnings-growth ratio of 1.42 and a beta of 1.06.

Hedge Funds Weigh In On Silicon Motion Technology

Institutional investors and hedge funds have recently bought and sold shares of the business. First Eagle Investment Management LLC grew its stake in Silicon Motion Technology by 2.0% during the 4th quarter. First Eagle Investment Management LLC now owns 153,519 shares of the semiconductor producer’s stock valued at $14,231,000 after acquiring an additional 3,032 shares in the last quarter. NewEdge Wealth LLC boosted its holdings in shares of Silicon Motion Technology by 3.6% during the 4th quarter. NewEdge Wealth LLC now owns 2,631 shares of the semiconductor producer’s stock worth $244,000 after purchasing an additional 91 shares during the last quarter. Ballentine Partners LLC grew its position in shares of Silicon Motion Technology by 2.8% in the fourth quarter. Ballentine Partners LLC now owns 4,006 shares of the semiconductor producer’s stock valued at $371,000 after purchasing an additional 110 shares in the last quarter. Truist Financial Corp grew its position in shares of Silicon Motion Technology by 11.2% in the fourth quarter. Truist Financial Corp now owns 2,377 shares of the semiconductor producer’s stock valued at $220,000 after purchasing an additional 239 shares in the last quarter. Finally, Skylands Capital LLC increased its holdings in shares of Silicon Motion Technology by 37.9% in the fourth quarter. Skylands Capital LLC now owns 53,219 shares of the semiconductor producer’s stock valued at $4,933,000 after purchasing an additional 14,625 shares during the last quarter. 78.02% of the stock is currently owned by institutional investors and hedge funds.

Silicon Motion Technology News Roundup

Here are the key news stories impacting Silicon Motion Technology this week:

• Positive Sentiment: Analysts raised targets and ratings — Needham boosted its target to $155 (buy) and Wedbush raised its target to $150 (outperform), signaling notable upside from current levels. Benzinga The Fly
• Positive Sentiment: Quarterly results showed strong revenue and profit growth — Q4 revenue rose ~46% YoY to $278.5M and diluted EPS beat estimates, underscoring robust PCIe 5 SSD demand and share gains. QuiverQuant Q4 Results
• Positive Sentiment: Company guidance is constructive — management expects record 2026 revenue with sequential growth and said MonTitan SSD controllers could ramp to ~5–10% of sales, supporting longer-term secular demand from data center/AI. MSN/Associated Press
• Neutral Sentiment: Macro opportunity framed by a potential memory “super-cycle” — analysts note SIMO offers leveraged exposure to NAND/server SSD demand but stress execution (enterprise share gains like MonTitan/BlueField partnerships) will determine sustainability. Seeking Alpha
• Neutral Sentiment: Earnings materials and call transcripts are available for detail — they confirm strength in PCIe5 SSDs and strategic moves but also contain caveats on margins and customer dynamics. Earnings Call Transcript Earnings Presentation
• Negative Sentiment: Gross-margin and pricing pressure — management flagged customer pushback on memory pricing and rising cost of sales, which pressured adjusted EPS versus some expectations and has investors worried about margin sustainability. Zacks
• Negative Sentiment: Balance-sheet / cash-flow notes — cash declined YoY and total liabilities rose materially in the quarter, which some investors view as a short-term risk if margin pressure persists. QuiverQuant Q4 Results

Silicon Motion Technology Company Profile

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.