Silicon Motion Technology (SIMO) to Release Quarterly Earnings on Wednesday

Silicon Motion Technology (NASDAQ:SIMO) is anticipated to issue its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Silicon Motion Technology to announce earnings of $2.13 per share and revenue of $403.41 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Silicon Motion Technology (NASDAQ:SIMO) last posted its earnings results on Tuesday, April 28th. The semiconductor producer reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.27. The business had revenue of $342.11 million during the quarter, compared to analyst estimates of $299.53 million. Silicon Motion Technology had a return on equity of 20.24% and a net margin of 16.02%.The company’s revenue for the quarter was up 105.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 earnings per share. On average, analysts expect Silicon Motion Technology to post $8 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Silicon Motion Technology Stock Performance

SIMO opened at $270.90 on Monday. The company has a fifty day simple moving average of $290.99 and a 200 day simple moving average of $192.86. The firm has a market cap of $9.19 billion, a price-to-earnings ratio of 53.86, a PEG ratio of 0.60 and a beta of 1.70. Silicon Motion Technology has a twelve month low of $71.35 and a twelve month high of $355.00.

Analyst Ratings Changes

SIMO has been the subject of a number of analyst reports. B. Riley Financial reissued a “buy” rating on shares of Silicon Motion Technology in a report on Thursday, April 30th. Weiss Ratings downgraded Silicon Motion Technology from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Roth Capital reaffirmed a “buy” rating and issued a $250.00 target price on shares of Silicon Motion Technology in a research report on Wednesday, April 29th. JPMorgan Chase & Co. increased their target price on Silicon Motion Technology from $145.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Finally, Susquehanna increased their target price on Silicon Motion Technology from $175.00 to $275.00 and gave the company a “positive” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $246.43.

Insider Buying and Selling

In related news, Director Han-Ping Shieh sold 1,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $328.00, for a total transaction of $328,000.00. Following the transaction, the director directly owned 7,500 shares in the company, valued at $2,460,000. This trade represents a 11.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kuan-Ming Lin sold 2,000 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $305.00, for a total transaction of $610,000.00. Following the sale, the director directly owned 8,500 shares in the company, valued at $2,592,500. This trade represents a 19.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,000 shares of company stock valued at $1,239,250 over the last quarter. Company insiders own 5.34% of the company’s stock.

Institutional Trading of Silicon Motion Technology

Hedge funds have recently made changes to their positions in the stock. Hawk Ridge Capital Management LP increased its stake in shares of Silicon Motion Technology by 111.3% in the fourth quarter. Hawk Ridge Capital Management LP now owns 787,747 shares of the semiconductor producer’s stock valued at $73,024,000 after purchasing an additional 415,000 shares during the period. Lazard Asset Management LLC raised its stake in Silicon Motion Technology by 2.3% during the 3rd quarter. Lazard Asset Management LLC now owns 783,663 shares of the semiconductor producer’s stock valued at $74,299,000 after acquiring an additional 17,741 shares in the last quarter. Man Group plc boosted its position in Silicon Motion Technology by 820.7% during the 4th quarter. Man Group plc now owns 381,048 shares of the semiconductor producer’s stock worth $35,323,000 after acquiring an additional 339,663 shares during the period. Bank of America Corp DE boosted its position in Silicon Motion Technology by 17.0% during the 2nd quarter. Bank of America Corp DE now owns 268,095 shares of the semiconductor producer’s stock worth $20,153,000 after acquiring an additional 38,969 shares during the period. Finally, UBS Group AG grew its stake in shares of Silicon Motion Technology by 35.7% in the third quarter. UBS Group AG now owns 252,993 shares of the semiconductor producer’s stock worth $23,986,000 after purchasing an additional 66,526 shares in the last quarter. Institutional investors own 78.02% of the company’s stock.

About Silicon Motion Technology

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.