share_log

Silicon Motion Technology Analyst Ratings

Benzinga ·  Sep 6, 2023 11:47
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/06/2023 12.5% Roth MKM → $60 Reiterates Neutral → Neutral
08/17/2023 59.37% Wedbush → $85 Reiterates Outperform → Outperform
07/28/2023 59.37% Wedbush $104 → $85 Maintains Outperform
07/27/2023 94.99% Wedbush → $104 Reiterates Outperform → Outperform
07/24/2023 98.74% Craig-Hallum $120 → $106 Maintains Buy
05/19/2023 94.99% Wedbush $103 → $104 Maintains Outperform
05/10/2023 40.62% Needham $85 → $75 Maintains Buy
04/19/2023 98.74% Susquehanna $108 → $106 Maintains Positive
02/08/2023 59.37% Needham $75 → $85 Maintains Buy
11/02/2022 40.62% Needham → $75 Upgrades Hold → Buy
10/05/2022 Susquehanna Upgrades Neutral → Positive
07/28/2022 106.24% Wedbush $115 → $110 Maintains Outperform
05/06/2022 Needham Downgrades Buy → Hold
04/11/2022 98.74% B. Riley Securities $135 → $106 Maintains Buy
01/28/2022 143.74% Needham $115 → $130 Maintains Buy
01/28/2022 153.12% B. Riley Securities $130 → $135 Maintains Buy
12/08/2021 134.37% B. Riley Securities $113 → $125 Maintains Buy
10/29/2021 68.74% Susquehanna → $90 Upgrades Neutral → Positive
08/12/2021 46.25% Morgan Stanley $68 → $78 Upgrades Underweight → Equal-Weight
08/02/2021 106.24% B. Riley Securities $94 → $110 Maintains Buy
08/02/2021 124.99% Craig-Hallum $100 → $120 Maintains Buy
08/02/2021 115.62% Needham $100 → $115 Maintains Buy
05/20/2021 Morgan Stanley Downgrades Equal-Weight → Underweight
05/06/2021 59.37% Wedbush $75 → $85 Maintains Outperform
05/06/2021 87.49% Needham $82 → $100 Maintains Buy
04/09/2021 64.99% B. Riley Securities $75 → $88 Maintains Buy
04/08/2021 53.75% Needham $72 → $82 Maintains Buy
02/05/2021 87.49% Craig-Hallum $55 → $100 Maintains Buy
02/05/2021 40.62% B. Riley FBR $63 → $75 Maintains Buy
02/04/2021 40.62% Wedbush $60 → $75 Maintains Outperform
02/04/2021 35% Needham $60 → $72 Maintains Buy
01/07/2021 12.5% Wedbush $48 → $60 Maintains Outperform
12/03/2020 -10% Wedbush $48 → $48 Maintains Outperform
11/04/2020 Summit Insights Group Downgrades Buy → Hold
11/03/2020 -10% Wedbush $46 → $48 Maintains Outperform
09/24/2020 -13.75% Wedbush $42 → $46 Upgrades Neutral → Outperform
07/30/2020 3.12% Needham $62 → $55 Maintains Buy
06/22/2020 12.5% Cowen & Co. $54 → $60 Maintains Outperform
04/30/2020 8.75% B. Riley Securities $55 → $58 Maintains Buy
04/29/2020 16.25% Needham $65 → $62 Maintains Buy
04/09/2020 3.12% B. Riley Securities $45 → $55 Maintains Buy
03/19/2020 -15.63% B. Riley Securities $54 → $45 Maintains Buy
02/25/2020 B of A Securities Downgrades Buy → Underperform
02/10/2020 5% Cowen & Co. $55 → $56 Maintains Outperform
02/10/2020 10.62% B. Riley Securities $65 → $59 Reiterates → Buy
02/03/2020 Nomura Upgrades Neutral → Buy
01/07/2020 21.87% B. Riley Securities $55 → $65 Maintains Buy
10/22/2019 -26.88% Wedbush → $39 Initiates Coverage On → Neutral
10/07/2019 Nomura Upgrades Reduce → Neutral
08/01/2019 -25% JP Morgan $50 → $40 Downgrades Overweight → Neutral
04/10/2019 -2.5% B. Riley Securities $53 → $52 Maintains Buy
12/14/2018 Morgan Stanley Downgrades Overweight → Equal-Weight
11/01/2018 6.87% 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

What is the target price for Silicon Motion Technology (SIMO)?

The latest price target for Silicon Motion Technology (NASDAQ: SIMO) was reported by Roth MKM on September 6, 2023. The analyst firm set a price target for $60.00 expecting SIMO to rise to within 12 months (a possible 12.50% upside). 11 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 Roth MKM, and Silicon Motion Technology reiterated their neutral 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 September 6, 2023 so you should expect the next rating to be made available sometime around September 6, 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 reiterated with a price target of $0.00 to $60.00. The current price Silicon Motion Technology (SIMO) is trading at is $53.34, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment