Silicon Motion Technology (SIMO) Projected to Release Quarterly Earnings on Wednesday

Silicon Motion Technology (NASDAQ:SIMO) is projected to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect Silicon Motion Technology to announce earnings of $3.30 per share and revenue of $529.11 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMO) last issued its earnings results on Wednesday, July 29th. The semiconductor producer reported $2.43 EPS for the quarter, beating analysts’ consensus estimates of $2.13 by $0.30. Silicon Motion Technology had a net margin of 22.06% and a return on equity of 32.04%. The business had revenue of $451.00 million during the quarter, compared to analysts’ expectations of $403.41 million. During the same period in the prior year, the business earned $0.69 earnings per share. The company’s quarterly revenue was up 127.0% compared to the same quarter last year. On average, analysts expect Silicon Motion Technology to post $10.60 EPS for the current fiscal year and $15.49 EPS for the next fiscal year.

Silicon Motion Technology Price Performance

SIMO opened at $213.70 on Wednesday. The company’s 50 day simple moving average is $256.55 and its two-hundred day simple moving average is $250.42. Silicon Motion Technology has a 1-year low of $79.76 and a 1-year high of $355.00. The firm has a market capitalization of $7.25 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 0.38 and a beta of 1.69.

Wall Street Analyst Weigh In

SIMO has been the subject of several analyst reports. B. Riley Financial increased their price objective on Silicon Motion Technology from $312.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Roth Capital restated a “buy” rating and issued a $350.00 target price on shares of Silicon Motion Technology in a research report on Thursday, July 30th. Craig Hallum reaffirmed a “buy” rating and issued a $325.00 price target on shares of Silicon Motion Technology in a research note on Friday, July 31st. Needham & Company LLC upped their price target on Silicon Motion Technology from $240.00 to $355.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings cut Silicon Motion Technology from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Nine investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $341.43.

About Silicon Motion Technology

Silicon Motion Technology Corporation is a fabless semiconductor company that designs, develops and markets NAND flash storage controllers. Its products manage the storage, performance, reliability and power consumption of data stored in NAND flash memory and are used in a range of consumer, mobile, computing and industrial applications.

The company’s product portfolio includes controllers for solid-state drives (SSDs), embedded storage products such as eMMC and UFS devices, and other flash-based storage solutions.