Several analysts have recently updated their ratings and price targets for Silicon Motion Technology (NASDAQ: SIMO):
- 10/30/2026 – Silicon Motion Technology had its “buy” rating reaffirmed by B. Riley Financial. They now have a $310.00 price target on the stock, up from $288.00.
- 10/28/2026 – Silicon Motion Technology is now covered by China Renaissance. They set a “buy” rating and a $300.00 price target on the stock.
- 10/23/2026 – Silicon Motion Technology had its price target lowered by B. Riley Financial from $350.00 to $288.00. They now have a “buy” rating on the stock.
- 10/16/2026 – Silicon Motion Technology was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 10/2/2026 – Silicon Motion Technology was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/2/2026 – Silicon Motion Technology was downgraded by Zacks Research from “strong-buy” to “hold”.
Silicon Motion Technology Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.5750 per share. This is a boost from Silicon Motion Technology’s previous quarterly dividend of $0.50. The ex-dividend date is Thursday, November 5th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 1.1%. Silicon Motion Technology’s payout ratio is 21.44%.
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.
Further Reading
- Five stocks we like better than Silicon Motion Technology
- Strategy Pauses Bitcoin Buys to Focus on Preferred Stock Buybacks
- Uranium Prices Are Near Historic Highs—So Why Hasn’t Cameco Followed?
- Royal Caribbean Buys the Beach as Norwegian Fixes the Ship
- SK hynix Says Memory Demand Beats Supply Through 2030—What It Means for Micron and SanDisk
Receive News & Ratings for Silicon Motion Technology Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicon Motion Technology Corporation and related companies with MarketBeat.com's FREE daily email newsletter.
