| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/28/2023 | 43.44% | Wedbush | $104 → $85 | Maintains | Outperform |
| 07/27/2023 | 75.5% | Wedbush | → $104 | Reiterates | Outperform → Outperform |
| 07/24/2023 | 78.87% | Craig-Hallum | $120 → $106 | Maintains | Buy |
| 05/19/2023 | 75.5% | Wedbush | $103 → $104 | Maintains | Outperform |
| 05/10/2023 | 26.56% | Needham | $85 → $75 | Maintains | Buy |
| 04/19/2023 | 78.87% | Susquehanna | $108 → $106 | Maintains | Positive |
| 02/08/2023 | 43.44% | Needham | $75 → $85 | Maintains | Buy |
| 11/02/2022 | 26.56% | Needham | → $75 | Upgrades | Hold → Buy |
| 10/05/2022 | — | Susquehanna | Upgrades | Neutral → Positive | |
| 07/28/2022 | 85.62% | Wedbush | $115 → $110 | Maintains | Outperform |
| 05/06/2022 | — | Needham | Downgrades | Buy → Hold | |
| 04/11/2022 | 78.87% | B. Riley Securities | $135 → $106 | Maintains | Buy |
| 01/28/2022 | 119.37% | Needham | $115 → $130 | Maintains | Buy |
| 01/28/2022 | 127.81% | B. Riley Securities | $130 → $135 | Maintains | Buy |
| 12/08/2021 | 110.93% | B. Riley Securities | $113 → $125 | Maintains | Buy |
| 10/29/2021 | 51.87% | Susquehanna | → $90 | Upgrades | Neutral → Positive |
| 08/12/2021 | 31.62% | Morgan Stanley | $68 → $78 | Upgrades | Underweight → Equal-Weight |
| 08/02/2021 | 85.62% | B. Riley Securities | $94 → $110 | Maintains | Buy |
| 08/02/2021 | 102.5% | Craig-Hallum | $100 → $120 | Maintains | Buy |
| 08/02/2021 | 94.06% | Needham | $100 → $115 | Maintains | Buy |
| 05/20/2021 | — | Morgan Stanley | Downgrades | Equal-Weight → Underweight | |
| 05/06/2021 | 43.44% | Wedbush | $75 → $85 | Maintains | Outperform |
| 05/06/2021 | 68.75% | Needham | $82 → $100 | Maintains | Buy |
| 04/09/2021 | 48.5% | B. Riley Securities | $75 → $88 | Maintains | Buy |
| 04/08/2021 | 38.37% | Needham | $72 → $82 | Maintains | Buy |
| 02/05/2021 | 68.75% | Craig-Hallum | $55 → $100 | Maintains | Buy |
| 02/05/2021 | 26.56% | B. Riley Securities | $63 → $75 | Maintains | Buy |
| 02/04/2021 | 26.56% | Wedbush | $60 → $75 | Maintains | Outperform |
| 02/04/2021 | 21.5% | Needham | $60 → $72 | Maintains | Buy |
| 01/07/2021 | 1.25% | Wedbush | $48 → $60 | Maintains | Outperform |
| 12/03/2020 | -19% | Wedbush | $48 → $48 | Maintains | Outperform |
| 11/04/2020 | — | Summit Insights Group | Downgrades | Buy → Hold | |
| 11/03/2020 | -19% | Wedbush | $46 → $48 | Maintains | Outperform |
| 09/24/2020 | -22.38% | Wedbush | $42 → $46 | Upgrades | Neutral → Outperform |
| 07/30/2020 | -7.19% | Needham | $62 → $55 | Maintains | Buy |
| 06/22/2020 | 1.25% | Cowen & Co. | $54 → $60 | Maintains | Outperform |
| 04/30/2020 | -2.13% | B. Riley Securities | $55 → $58 | Maintains | Buy |
| 04/29/2020 | 4.62% | Needham | $65 → $62 | Maintains | Buy |
| 04/09/2020 | -7.19% | B. Riley Securities | $45 → $55 | Maintains | Buy |
| 03/19/2020 | -24.06% | B. Riley Securities | $54 → $45 | Maintains | Buy |
| 02/25/2020 | — | B of A Securities | Downgrades | Buy → Underperform | |
| 02/10/2020 | -5.5% | Cowen & Co. | $55 → $56 | Maintains | Outperform |
| 02/10/2020 | -0.44% | B. Riley Securities | $65 → $59 | Reiterates | → Buy |
| 02/03/2020 | — | Nomura | Upgrades | Neutral → Buy | |
| 01/07/2020 | 9.69% | B. Riley Securities | $55 → $65 | Maintains | Buy |
| 10/22/2019 | -34.19% | Wedbush | → $39 | Initiates Coverage On | → Neutral |
| 10/07/2019 | — | Nomura | Upgrades | Reduce → Neutral | |
| 08/01/2019 | -32.5% | JP Morgan | $50 → $40 | Downgrades | Overweight → Neutral |
| 04/10/2019 | -12.25% | B. Riley Securities | $53 → $52 | Maintains | Buy |
| 12/14/2018 | — | Morgan Stanley | Downgrades | Overweight → Equal-Weight | |
| 11/01/2018 | -3.81% | B. Riley Securities | $68.75 → $57 | Maintains | Buy |
| 09/25/2018 | — | Keybanc | Initiates Coverage On | → Sector Weight | |
| 09/21/2018 | — | Morgan Stanley | Upgrades | Equal-Weight → Overweight | |
| 08/15/2018 | — | Cowen & Co. | Upgrades | Market Perform → Outperform |
What is the target price for Silicon Motion Technology (SIMO)?
The latest price target for Silicon Motion Technology (NASDAQ: SIMO) was reported by Wedbush on July 28, 2023. The analyst firm set a price target for $85.00 expecting SIMO to rise to within 12 months (a possible 43.44% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Silicon Motion Technology (SIMO)?
The latest analyst rating for Silicon Motion Technology (NASDAQ: SIMO) was provided by Wedbush, and Silicon Motion Technology maintained their outperform rating.
When is the next analyst rating going to be posted or updated for Silicon Motion Technology (SIMO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Silicon Motion Technology, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Silicon Motion Technology was filed on July 28, 2023 so you should expect the next rating to be made available sometime around July 28, 2024.
Is the Analyst Rating Silicon Motion Technology (SIMO) correct?
While ratings are subjective and will change, the latest Silicon Motion Technology (SIMO) rating was a maintained with a price target of $104.00 to $85.00. The current price Silicon Motion Technology (SIMO) is trading at is $59.26, which is out of the analyst's predicted range.