Wedbush Issues Positive Forecast for Silicon Motion Technology (NASDAQ:SIMO) Stock Price

Silicon Motion Technology (NASDAQ:SIMO) had its price target hoisted by Wedbush from $130.00 to $150.00 in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage currently has an outperform rating on the semiconductor producer’s stock.

Other research analysts have also recently issued reports about the company. Needham & Company LLC lifted their price objective on Silicon Motion Technology from $125.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday. B. Riley increased their price objective on shares of Silicon Motion Technology from $125.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. boosted their price objective on Silicon Motion Technology from $85.00 to $110.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. Zacks Research cut shares of Silicon Motion Technology from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Finally, Wall Street Zen upgraded Silicon Motion Technology from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Silicon Motion Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.50.

Silicon Motion Technology Stock Down 1.7%

Shares of NASDAQ:SIMO opened at $126.18 on Thursday. The stock has a market capitalization of $4.29 billion, a PE ratio of 34.66, a price-to-earnings-growth ratio of 1.42 and a beta of 1.06. The firm’s 50 day moving average price is $102.06 and its 200-day moving average price is $91.71. Silicon Motion Technology has a twelve month low of $37.21 and a twelve month high of $133.34.

Institutional Trading of Silicon Motion Technology

A number of institutional investors have recently bought and sold shares of SIMO. Frontier Capital Management Co. LLC raised its stake in shares of Silicon Motion Technology by 115.4% in the second quarter. Frontier Capital Management Co. LLC now owns 1,281,115 shares of the semiconductor producer’s stock valued at $96,301,000 after acquiring an additional 686,261 shares during the period. Ophir Asset Management Pty Ltd purchased a new position in shares of Silicon Motion Technology during the second quarter valued at approximately $27,941,000. Boston Partners grew its stake in shares of Silicon Motion Technology by 33.2% during the second quarter. Boston Partners now owns 735,597 shares of the semiconductor producer’s stock valued at $55,294,000 after buying an additional 183,458 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Silicon Motion Technology by 40.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 623,953 shares of the semiconductor producer’s stock worth $57,840,000 after buying an additional 181,206 shares during the period. Finally, Hawk Ridge Capital Management LP lifted its stake in shares of Silicon Motion Technology by 71.8% during the 3rd quarter. Hawk Ridge Capital Management LP now owns 372,747 shares of the semiconductor producer’s stock worth $35,340,000 after acquiring an additional 155,817 shares during the last quarter. 78.02% of the stock is currently owned by institutional investors.

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

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.