Silicon Motion Technology (SIMO)
(Delayed Data from NSDQ)
$64.07 USD
-0.73 (-1.13%)
Updated Aug 23, 2024 03:59 PM ET
After-Market: $64.06 -0.01 (-0.02%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth B Momentum C VGM
Silicon Motion (SIMO) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$88.33 | $110.00 | $60.00 | 36.31% |
Price Target
Based on short-term price targets offered by nine analysts, the average price target for Silicon Motion comes to $88.33. The forecasts range from a low of $60.00 to a high of $110.00. The average price target represents an increase of 36.31% from the last closing price of $64.80.
Analyst Price Targets (9 )
Broker Rating
Silicon Motion currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by nine brokerage firms. The current ABR compares to an ABR of 1.17 a month ago based on nine recommendations.
Of the nine recommendations deriving the current ABR, six are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 66.67% and 22.22% of all recommendations. A month ago, Strong Buy made up 77.78%, while Buy represented 22.22%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/SIMO.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 7 | 8 | 8 |
Buy | 2 | 2 | 2 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 1 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.50 | 1.50 | 1.17 | 1.11 | 1.11 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/2/2024 | Wedbush Securities | Matthew Bryson | Strong Buy | Strong Buy |
8/2/2024 | Roth Capital Partners | Suji Desilva | Strong Buy | Strong Buy |
7/8/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
5/6/2024 | Craig-Hallum | Anthony J Stoss | Strong Buy | Strong Buy |
5/5/2024 | Susquehanna Financial Group | Mehdi Hosseini | Strong Buy | Strong Buy |
4/10/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.50 |
ABR (Last week) | 1.50 |
# of Recs in ABR | 9 |
Average Target Price | $88.33 |
LT Growth Rate | 22.20% |
Industry | Electronics - Semiconductors |
Industry Rank by ABR | 139 of 253 |
Current Quarter EPS Est: | 0.85 |