Silicon Motion Technology (SIMO) Tops Q1 EPS by 30c
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Silicon Motion Technology (SIMO) PT Raised to $320 at BofA Securities, '38x target P/E implies low PEG'
April 30, 2026 10:17 AM EDTBofA Securities analyst Simon Woo raised the price target on Silicon Motion Technology (NASDAQ: SIMO) to $320.00 (from $180.00) while maintaining a Buy rating.
The analyst comments "We lift our PO from US$180 to US$320, based on 38x 2026-27E P/E (previously 29x).... More
