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Added to YB: 2026-04-27

Pitch date: 2026-03-31

SIMO [neutral]

Silicon Motion Technology Corporation

+29.18%

current return

Author Info

No bio for this author

Company Info

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices and related devices in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally.

Market Cap

$4.8B

Pitch Price

$114.21

Price Target

185.00 (+21%)

Dividend

1.41%

EV/EBITDA

37.51

P/E

39.00

EV/Sales

5.22

Sector

Semiconductors and Semiconductor Equipment

Category

value

Show full summary:
Heartland Value Plus Fund Portfolio Holding: Silicon Motion Technology Corporation

SIMO (holding update): Leading memory component maker for PCs, smartphones, datacenters, industrial/auto. Pivoting from low-margin consumer electronics to high-margin, leading-edge hyperscaler apps driving margin expansion. Stock at $117, PT $185 (15x EBITDA + $160M MaxLinear arbitration settlement). Q4 outlook reaffirmed robust datacenter capex growth despite prior tariff/spending concerns.

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