On May 1, 2025, Wedbush reaffirmed its positive outlook on Silicon Motion Technology (SIMO, Financial), maintaining both its stock rating and price target. Analyst Matt Bryson continues to rate SIMO with an "Outperform" designation, consistent with previous assessments.
The firm has reiterated its price target for Silicon Motion Technology (SIMO, Financial) at $90.00 USD, indicating confidence in the company's market position and future performance. This target price remains unchanged from prior evaluations, demonstrating a stable perspective on the stock's potential upside.
Investors and market participants considering Silicon Motion Technology (SIMO, Financial) can view Wedbush's consistent rating as a signal of reliable performance expectations, as the company's stock continues to be regarded positively in the current market environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Silicon Motion Technology Corp (SIMO, Financial) is $71.63 with a high estimate of $90.00 and a low estimate of $55.00. The average target implies an upside of 42.88% from the current price of $50.13. More detailed estimate data can be found on the Silicon Motion Technology Corp (SIMO) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Silicon Motion Technology Corp's (SIMO, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Silicon Motion Technology Corp (SIMO, Financial) in one year is $65.49, suggesting a upside of 30.64% from the current price of $50.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Silicon Motion Technology Corp (SIMO) Summary page.
