Silicon Motion Technology (SIMO) Projected to Release 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 the company to post earnings of $2.13 per share and revenue of $403.41 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results 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 issued its earnings results on Tuesday, April 28th. The semiconductor producer reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.27. Silicon Motion Technology had a net margin of 16.02% and a return on equity of 20.24%. The company had revenue of $342.11 million for the quarter, compared to analysts’ expectations of $299.53 million. During the same period in the prior year, the company earned $0.60 earnings per share. The firm’s revenue was up 105.5% compared to the same quarter last year. 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

Silicon Motion Technology stock opened at $278.17 on Wednesday. Silicon Motion Technology has a 1 year low of $71.16 and a 1 year high of $355.00. The firm’s 50-day moving average is $290.03 and its 200-day moving average is $188.91. The company has a market cap of $9.43 billion, a P/E ratio of 55.30, a PEG ratio of 0.56 and a beta of 1.70.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SIMO. Susquehanna increased their price objective on shares of Silicon Motion Technology from $175.00 to $275.00 and gave the stock a “positive” rating in a research note on Thursday, April 30th. B. Riley Financial restated a “buy” rating on shares of Silicon Motion Technology in a research note on Thursday, April 30th. Weiss Ratings lowered 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 set a $250.00 target price on shares of Silicon Motion Technology in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their price target on Silicon Motion Technology from $145.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Silicon Motion Technology currently has a consensus rating of “Buy” and a consensus target price of $246.43.

Insider Activity

In other news, Director Han-Ping Shieh sold 1,000 shares of Silicon Motion Technology stock in a transaction that occurred 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 sale, the director owned 7,500 shares of the company’s stock, valued at approximately $2,460,000. The trade was a 11.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kuan-Ming Lin sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $305.00, for a total value of $610,000.00. Following the transaction, the director owned 8,500 shares of the company’s stock, valued at approximately $2,592,500. This represents a 19.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 4,000 shares of company stock valued at $1,239,250. 5.34% of the stock is owned by insiders.

Institutional Trading of Silicon Motion Technology

Several large investors have recently added to or reduced their stakes in the business. Engineers Gate Manager LP acquired a new position in Silicon Motion Technology during the 4th quarter worth $787,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of Silicon Motion Technology during the fourth quarter valued at $687,000. Headlands Technologies LLC acquired a new position in shares of Silicon Motion Technology during the fourth quarter valued at $398,000. CSM Advisors LLC raised its stake in shares of Silicon Motion Technology by 87.0% during the fourth quarter. CSM Advisors LLC now owns 3,984 shares of the semiconductor producer’s stock valued at $370,000 after purchasing an additional 1,854 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Silicon Motion Technology by 80.0% during the fourth quarter. Pacer Advisors Inc. now owns 3,357 shares of the semiconductor producer’s stock valued at $311,000 after purchasing an additional 1,492 shares in the last quarter. 78.02% of the stock is currently owned by institutional investors and hedge funds.

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.