Silicon Motion Technology (SIMO) to Post Earnings on Wednesday

Silicon Motion Technology (NASDAQ:SIMOGet Free Report) will likely be releasing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $2.13 per share and revenue of $403.41 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMOGet Free Report) last issued its earnings results on Tuesday, April 28th. The semiconductor producer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.27. The firm had revenue of $342.11 million during the quarter, compared to analysts’ expectations of $299.53 million. Silicon Motion Technology had a net margin of 16.02% and a return on equity of 20.24%. The firm’s revenue for the quarter was up 105.5% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. On average, analysts expect Silicon Motion Technology to post $8 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Silicon Motion Technology Stock Performance

NASDAQ SIMO opened at $244.45 on Tuesday. Silicon Motion Technology has a 1 year low of $71.35 and a 1 year high of $355.00. The business’s fifty day moving average is $291.08 and its two-hundred day moving average is $193.84. The stock has a market capitalization of $8.29 billion, a P/E ratio of 48.60, a P/E/G ratio of 0.60 and a beta of 1.70.

Insider Activity at Silicon Motion Technology

In other news, Director Kuan-Ming Lin sold 2,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $305.00, for a total value of $610,000.00. Following the completion of the sale, the director owned 8,500 shares of the company’s stock, valued at $2,592,500. This trade represents a 19.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Han-Ping Shieh sold 1,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $328.00, for a total value of $328,000.00. Following the transaction, the director directly owned 7,500 shares in the company, valued at $2,460,000. The trade was a 11.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,000 shares of company stock worth $1,239,250. Corporate insiders own 5.34% of the company’s stock.

Hedge Funds Weigh In On Silicon Motion Technology

A number of large investors have recently made changes to their positions in SIMO. Wedbush Securities Inc. grew its position in Silicon Motion Technology by 1.7% during the fourth quarter. Wedbush Securities Inc. now owns 4,685 shares of the semiconductor producer’s stock valued at $434,000 after purchasing an additional 79 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Silicon Motion Technology by 0.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 17,733 shares of the semiconductor producer’s stock valued at $1,333,000 after buying an additional 159 shares during the period. MML Investors Services LLC boosted its stake in shares of Silicon Motion Technology by 5.4% during the 4th quarter. MML Investors Services LLC now owns 3,887 shares of the semiconductor producer’s stock valued at $360,000 after buying an additional 200 shares during the period. Kennedy Capital Management LLC grew its holdings in shares of Silicon Motion Technology by 1.1% during the 4th quarter. Kennedy Capital Management LLC now owns 22,373 shares of the semiconductor producer’s stock valued at $2,074,000 after acquiring an additional 254 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of Silicon Motion Technology during the 3rd quarter valued at $26,000. Institutional investors and hedge funds own 78.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Zacks Research upgraded Silicon Motion Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. Weiss Ratings downgraded Silicon Motion Technology from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Roth Capital reiterated a “buy” rating and issued a $250.00 price target on shares of Silicon Motion Technology in a research report on Wednesday, April 29th. Wedbush increased their price target on Silicon Motion Technology from $230.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, June 22nd. Finally, JPMorgan Chase & Co. lifted their price target on Silicon Motion Technology from $145.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Silicon Motion Technology presently has an average rating of “Buy” and an average price target of $246.43.

Check Out Our Latest Report on Silicon Motion Technology

Silicon Motion Technology Company Profile

(Get Free Report)

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.

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Earnings History for Silicon Motion Technology (NASDAQ:SIMO)

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