Silicon Motion Technology (SIMO) Tops Q4 EPS by 10c, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/5/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Tanker struck by projectile in Strait of Hormuz
Needham Assumes Silicon Motion Technology (SIMO) at Buy
February 7, 2025 6:28 AM ESTNeedham 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
