Silicon Motion Technology Future Growth

Future criteria checks 4/6

Silicon Motion Technology is forecast to grow earnings and revenue by 32.4% and 10.4% per annum respectively. EPS is expected to grow by 31.1% per annum. Return on equity is forecast to be 19.7% in 3 years.

Key information

32.4%

Earnings growth rate

31.1%

EPS growth rate

Semiconductor earnings growth	25.6%
Revenue growth rate	10.4%
Future return on equity	19.7%
Analyst coverage	Good
Last updated	15 Aug 2024

Recent future growth updates

Recent updates

Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Aug 29

Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)

Aug 08

Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Aug 02

Silicon Motion: NAND Flash Is Coming Back - Initiating With A Buy

May 14

Silicon Motion Technology's (NASDAQ:SIMO) Conservative Accounting Might Explain Soft Earnings

May 09

MaxLinear filed with China's antitrust regulator for planned Silicon Motion deal

Jul 12

Silicon Motion And MaxLinear: Deal Not Done As Hurdles Remain In The Way

Jun 16

Capital Investment Trends At Silicon Motion Technology (NASDAQ:SIMO) Look Strong

Apr 29

Silicon Motion Technology (NASDAQ:SIMO) has the Potential to Lead the Semiconductor Recovery

Apr 04

Silicon Motion Technology Could Be Close To Turning A Corner

Mar 21

Earnings and Revenue Growth Forecasts

NasdaqGS:SIMO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,019	187	156	194	4
12/31/2025	892	131	75	131	9
12/31/2024	817	98	52	90	9
6/30/2024	775	79	88	135	N/A
3/31/2024	704	59	102	150	N/A
12/31/2023	639	53	99	149	N/A
9/30/2023	638	55	99	148	N/A
6/30/2023	716	88	86	126	N/A
3/31/2023	828	128	58	93	N/A
12/31/2022	946	173	51	84	N/A
9/30/2022	1,010	210	N/A	N/A	N/A
6/30/2022	1,013	222	66	99	N/A
3/31/2022	982	220	122	155	N/A
12/31/2021	922	200	150	175	N/A
9/30/2021	802	141	106	128	N/A
6/30/2021	673	110	112	129	N/A
3/31/2021	589	88	78	94	N/A
12/31/2020	540	80	98	117	N/A
9/30/2020	549	104	111	127	N/A
6/30/2020	533	84	82	99	N/A
3/31/2020	495	82	98	113	N/A
12/31/2019	457	64	67	78	N/A
9/30/2019	427	54	68	81	N/A
6/30/2019	455	79	46	118	N/A
3/31/2019	495	85	N/A	N/A	N/A
12/31/2018	530	98	33	108	N/A
9/30/2018	543	93	19	92	N/A
6/30/2018	532	81	87	100	N/A
3/31/2018	526	75	N/A	N/A	N/A
12/31/2017	523	75	N/A	104	N/A
9/30/2017	531	91	N/A	115	N/A
6/30/2017	563	106	N/A	133	N/A
3/31/2017	571	111	N/A	N/A	N/A
12/31/2016	556	111	N/A	126	N/A
9/30/2016	510	98	N/A	N/A	N/A
6/30/2016	447	79	N/A	N/A	N/A
3/31/2016	393	68	N/A	N/A	N/A
12/31/2015	361	60	N/A	66	N/A
9/30/2015	344	59	N/A	N/A	N/A
6/30/2015	335	60	N/A	N/A	N/A
3/31/2015	317	56	N/A	N/A	N/A
12/31/2014	289	44	N/A	69	N/A
9/30/2014	261	38	N/A	40	N/A
6/30/2014	232	33	N/A	35	N/A
3/31/2014	221	26	N/A	N/A	N/A
12/31/2013	225	27	N/A	49	N/A
9/30/2013	243	30	N/A	49	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIMO's forecast earnings growth (32.4% per year) is above the savings rate (2.5%).

Earnings vs Market: SIMO's earnings (32.4% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: SIMO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SIMO's revenue (10.4% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: SIMO's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SIMO's Return on Equity is forecast to be low in 3 years time (19.7%).

Silicon Motion Technology Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Silicon Motion Technology Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Silicon Motion Technology Corporation Provides Earnings Guidance for the Second Quarter

Consensus EPS estimates increase by 12%

Price target increased by 10% to US$94.33

Silicon Motion Technology Corporation Revised Earnings Guidance for the First Quarter of 2024

Price target increased by 7.1% to US$82.11

Recent updates

Investors Met With Slowing Returns on Capital At Silicon Motion Technology (NASDAQ:SIMO)

Silicon Motion: Now Attractively Valued Amid Strong Q2 Results (Rating Upgrade)

Silicon Motion Technology Corporation Launches the Best Performance/Watt PCIe Gen5 SSD Controller at FMS 2024

Second quarter 2024 earnings: Revenues in line with analyst expectations

Silicon Motion Technology Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Investors Appear Satisfied With Silicon Motion Technology Corporation's (NASDAQ:SIMO) Prospects

Upcoming dividend of US$0.50 per share

Silicon Motion Announces Annual Cash Dividend Payable Quarterly, Payable on August 22, 2024

Silicon Motion Technology Corporation to Report Q2, 2024 Results on Aug 01, 2024

Silicon Motion Technology Corporation Provides Earnings Guidance for the Second Quarter

Silicon Motion Technology Corporation Announces Appointment of Tom Sepenzis as Senior Director of Investor Relations and Strategy

Silicon Motion Technology Corporation Unveils Next-Generation Ultra-Fast, Single-Chip Controller for High-Density Portable SSDs, Ideally Suited for Next-Generation AI Smart Devices and Gaming Consoles

Silicon Motion: NAND Flash Is Coming Back - Initiating With A Buy

Silicon Motion Technology's (NASDAQ:SIMO) Conservative Accounting Might Explain Soft Earnings

Consensus EPS estimates increase by 12%

Silicon Motion Technology (NASDAQ:SIMO) Is Reinvesting At Lower Rates Of Return

Price target increased by 10% to US$94.33

First quarter 2024 earnings released

Upcoming dividend of US$0.50 per share

Silicon Motion Technology Corporation Announces Chief Financial Officer Changes

Silicon Motion Technology Corporation to Report Q1, 2024 Results on May 02, 2024

Silicon Motion Technology Corporation Revised Earnings Guidance for the First Quarter of 2024

Silicon Motion Technology Corporation Unveils High-Performance Single Chip PCIe Gen4.0 BGA Ferri SSD with I-Temp for Industrial and Automotive Applications

Silicon Motion Technology Corporation Unveils 6Nm Ufs 4.0 Controller for Ai Smartphones, Edge Computing and Automotive Applications

Director notifies of intention to sell stock

Silicon Motion: Overvalued For Now

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.50 per share

Price target increased by 7.1% to US$82.11

Price target increased by 7.1% to US$82.11

Silicon Motion Technology Corporation Announces Earnings Guidance for the First Quarter and Full Year 2024

Silicon Motion Technology Corporation to Report Q4, 2023 Results on Feb 06, 2024

Independent Director notifies of intention to sell stock

Silicon Motion Technology Corporation Announces Board Changes

Silicon Motion Technology Corporation Announces Executive Changes

Silicon Motion Technology Corporation, Annual General Meeting, Dec 14, 2023

Upcoming dividend of US$0.50 per share

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Silicon Motion Technology Corporation Provides Earnings Guidance for the Fourth Quarter of 2023

Silicon Motion Announces Annual Cash Dividend Payable Quarterly, Payment Date on November 30, 2023, March 1, 2024, May 23, 2024, August 22, 2024

Less than half of directors are independent

Silicon Motion Technology Corporation to Report Q3, 2023 Results on Nov 01, 2023

Glancy Prongay & Murray LLP Announces the Filing of A Securities Class Action on Behalf of Silicon Motion Technology Corporation Investors

Silicon Motion Technology Corporation to Demo Enterprise PCIe Gen5 SSD Controller Solutions and the World's First Automotive PCIe Gen5 SSD Controller with SR-IOV At the Flash Memory Summit 2023

Silicon Motion Technology Corporation Provides Earnings Guidance for the Third Quarter of 2023

MaxLinear, Inc. (NasdaqGS:MXL) cancelled the acquisition of Silicon Motion Technology Corporation (NasdaqGS:SIMO) from Cardinal Capital Management, L.L.C. and others.

New minor risk - Share price stability

Price target increased by 8.4% to US$86.00

Investor sentiment deteriorates as stock falls 17%

Silicon Motion Technology Corporation to Report Q2, 2023 Results on Jul 27, 2023

Now 22% undervalued

Investor sentiment improves as stock rises 21%

Silicon Motion Showcases Its Advanced Storage and Graphics Display Solutions At the NXP Connects in Santa Clara

Investor sentiment improves as stock rises 17%

Consensus revenue estimates fall by 23%

Full year 2022 earnings: EPS and revenues miss analyst expectations

President of SMI USA notifies of intention to sell stock

Silicon Motion Technology Corporation Launches Third Generation PCIe Gen4 SSD Controller for Future TLC and QLC 3D NAND Flash

President of SMI USA notifies of intention to sell stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 20% undervalued after recent price drop

Silicon Motion Technology Corporation to Report Q4, 2022 Results on Feb 07, 2023

Now 21% undervalued after recent price drop

Less than half of directors are independent

Consensus EPS estimates fall by 16%

Price target decreased to US$94.44

Third quarter 2022 earnings: Revenues miss analyst expectations

Silicon Motion Technology Corporation Provides Sales Guidance for the Year 2022

Silicon Motion Technology Corporation to Report Q3, 2022 Results on Nov 01, 2022