Added to YB: 2026-05-05
Pitch date: 2026-05-01
SIMO [bullish]
Silicon Motion Technology Corporation
+18.39%
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 China, Japan, Singapore, Taiwan, Korea, the United States, and internationally.
Market Cap
$9.2B
Pitch Price
$238.76
Price Target
275.00 (-3%)
Dividend
0.74%
EV/EBITDA
53.98
P/E
53.89
EV/Sales
8.51
Sector
Semiconductors and Semiconductor Equipment
Category
growth
SIMO Q1 Earnings: When the Model Breaks
SIMO (earnings): Q1 rev $342M (+105% YoY) beat $300M est; EPS $1.58 vs $1.28. Q2 guide $393-411M (+15-20% seq). Embedded controllers +140% YoY, AI boot drive +755% YoY. 3 analysts raised PT to $250+ post-print (Ellis $167→$250, Hosseini $275). Trading 24-29x adj FY26 EPS vs 38x on stale estimates. Risks: NAND pricing reversal, hyperscaler capex digestion, captive controller share gains.
Read full article (9 min)