Silicon Motion Announces New $50 Million Share Repurchase Program

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Needham Assumes Silicon Motion Technology (SIMO) at Buy

February 7, 2025 6:28 AM EST

Needham analyst Nick Doyle assumes coverage on Silicon Motion Technology (NASDAQ: SIMO) with a Buy rating and a price target of $70.00.

The analyst comments "SIMO posted a slight beat, but guidance disappointed. Muted holiday consumer demand (PCs, handsets and aftermarket SSDs)... More

Silicon Motion Technology (SIMO) Tops Q4 EPS by 10c, Revenues Miss

February 5, 2025 6:01 PM EST

Silicon Motion Technology (NASDAQ: SIMO) reported Q4 EPS of $0.91, $0.10 better than the analyst estimate of $0.81. Revenue for the quarter came in at $191.2 million versus the consensus estimate of $196.46 million.

GUIDANCE:

Silicon Motion Technology sees Q1 2025 revenue of $158-167 million, versus the... More