SIMO

SIMO is set to report Q2 earnings with rising estimates, a modest surprise track record and growing enterprise and embedded storage momentum.

AMAT, MPWR and SIMO enter Q2 earnings with positive ESPs as AI, cloud and storage demand fuel growth.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

TAIPEI, Taiwan and MILPITAS, Calif., July 24, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.

Silicon Motion (SIMO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

I rate Silicon Motion Technology Corporation a Strong Buy with a $363 price target, implying 38% upside from current levels. SIMO is transitioning from consumer storage controllers to a diversified storage platform targeting PCs, smartphones, vehicles, edge devices, and AI data centers. I estimate  four growth drivers can add about $3.36 of incremental EPS and lift estimated 2027 non-GAAP EPS to $12.11.

Silicon Motion (SIMO) closed at $252.61 in the latest trading session, marking a -4.43% move from the prior day.

Top-ranked stocks PENN, BCC, DY, SIMO and U are likely to beat on the bottom line in their upcoming releases.

Silicon Motion (SIMO) reached $299.51 at the closing of the latest trading day, reflecting a -8.22% change compared to its last close.