Silicon Motion Technology (SIMO) Projected to Post Earnings on Wednesday

Silicon Motion Technology (NASDAQ:SIMO) is expected to be posting its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $3.30 per share and revenue of $529.10 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMO) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor producer reported $2.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.30. The firm had revenue of $451.00 million for the quarter, compared to the consensus estimate of $403.41 million. Silicon Motion Technology had a return on equity of 32.04% and a net margin of 22.06%. The company’s revenue for the quarter was up 127.0% on a year-over-year basis. During the same quarter last year, the business posted $0.69 EPS. On average, analysts expect Silicon Motion Technology to post $10.60 EPS for the current fiscal year and $15.49 EPS for the next fiscal year.

Silicon Motion Technology Price Performance

SIMO stock opened at $189.18 on Tuesday. The stock has a market capitalization of $6.42 billion, a P/E ratio of 21.97, a P/E/G ratio of 0.33 and a beta of 1.69. The business has a 50-day moving average of $251.97 and a 200-day moving average of $211.53. Silicon Motion Technology has a fifty-two week low of $79.76 and a fifty-two week high of $355.00.

Silicon Motion Technology Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 5th will be given a $0.5750 dividend. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $2.30 dividend on an annualized basis and a yield of 1.2%. This is a boost from Silicon Motion Technology’s previous quarterly dividend of $0.50. Silicon Motion Technology’s payout ratio is 23.33%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Roth Capital restated a “buy” rating and issued a $350.00 target price on shares of Silicon Motion Technology in a research note on Thursday, July 30th. Wall Street Zen cut shares of Silicon Motion Technology from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 15th. Craig Hallum reiterated a “buy” rating and issued a $325.00 price objective on shares of Silicon Motion Technology in a report on Friday, July 31st. Needham & Company LLC boosted their price objective on shares of Silicon Motion Technology from $240.00 to $355.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Finally, B. Riley Financial cut their price objective on shares of Silicon Motion Technology from $350.00 to $288.00 and set a “buy” rating on the stock in a research report on Friday. Nine research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $332.57.

Silicon Motion Technology Company Profile

Silicon Motion Technology Corporation is a fabless semiconductor company that designs, develops and markets NAND flash storage controllers. Its products manage the storage, performance, reliability and power consumption of data stored in NAND flash memory and are used in a range of consumer, mobile, computing and industrial applications.

The company’s product portfolio includes controllers for solid-state drives (SSDs), embedded storage products such as eMMC and UFS devices, and other flash-based storage solutions.