Silicon Motion Technology Q1 Earnings Preview
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy SIMO?
Source: seekingalpha
- Earnings Announcement Date: Silicon Motion Technology is set to release its Q1 2023 earnings on April 28 after market close, with a consensus EPS estimate of $1.30, reflecting a robust year-over-year growth of 116.7%, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $299.58 million, representing a 79.9% year-over-year increase, showcasing significant sales growth amid rising demand for enterprise-grade SSDs, which is crucial for the company's market positioning.
- Historical Performance Review: Over the past two years, Silicon Motion has surpassed EPS estimates 75% of the time and revenue estimates 88% of the time, demonstrating the company's stability in financial performance and its ability to exceed market expectations consistently.
- Expectation Revisions: In the last three months, both EPS and revenue estimates have seen seven upward revisions with no downward adjustments, reflecting analysts' optimistic outlook on the company's future performance, which further bolsters investor confidence.
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Analyst Views on SIMO
Wall Street analysts forecast SIMO stock price to fall
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 153.460
Low
110.00
Averages
119.29
High
130.00
Current: 153.460
Low
110.00
Averages
119.29
High
130.00
About SIMO
SILICON MOTION TECHNOLOGY CORPORATION is a provider of negative-AND (NAND) flash controllers for Solid State Drives (SSDs) and other solid state storage devices. The Company is mainly engaged in the design, development and sale of low-power semiconductor solutions for original equipment manufacturers (OEMs) and other customers in the mobile storage market. The Company is mainly engaged in the development of NAND flash controller integrated circuits (ICs) for solid-state storage devices, as well as specialty radio frequency (RF) ICs for mobile devices. In the mobile storage market, the Company's products are controllers used in SSDs, Embedded Multimedia Cards (eMMCs) and other embedded storage products, as well as flash memory cards, universal serial bus (USB) flash drives and other expandable storage products. The Company's products are used in smartphones, tablets, personal computers (PCs) and other devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Silicon Motion Technology Q1 Earnings Preview
- Earnings Announcement Date: Silicon Motion Technology is set to release its Q1 2023 earnings on April 28 after market close, with a consensus EPS estimate of $1.30, reflecting a robust year-over-year growth of 116.7%, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $299.58 million, representing a 79.9% year-over-year increase, showcasing significant sales growth amid rising demand for enterprise-grade SSDs, which is crucial for the company's market positioning.
- Historical Performance Review: Over the past two years, Silicon Motion has surpassed EPS estimates 75% of the time and revenue estimates 88% of the time, demonstrating the company's stability in financial performance and its ability to exceed market expectations consistently.
- Expectation Revisions: In the last three months, both EPS and revenue estimates have seen seven upward revisions with no downward adjustments, reflecting analysts' optimistic outlook on the company's future performance, which further bolsters investor confidence.
See More
Three AI Companies with Significant Potential
- Silicon Motion Surge: Silicon Motion Technology (NASDAQ: SIMO) reported a 46% year-over-year revenue increase in Q4 2025, with guidance suggesting an 80% year-over-year growth for Q1 2026, indicating strong performance and demand in the AI chip sector.
- IREN's Long-Term Potential: IREN's $9.7 billion deal with Microsoft provides 200 megawatts of power to its Texas AI data center, translating to $1.94 billion in annual recurring revenue, although currently only 460 megawatts support AI deployments, highlighting both growth challenges and opportunities ahead.
- Broadcom's Market Leadership: Broadcom (AVGO) achieved $19.3 billion in revenue for Q1 2026, a 34% year-over-year increase, with expectations of $22 billion in Q2, a 47% growth, alongside a $10 billion stock repurchase program, reinforcing its leadership in the AI chip market.
- Capital-Intensive Challenges: IREN's capital-intensive business model raises shareholder dilution risks, and while its market potential is significant, the ability to maintain profitability while attracting more tech partnerships remains a key challenge for the future.
See More
Silicon Motion Technology and AI Market Potential
- Significant Revenue Growth: Silicon Motion Technology reported a 46% year-over-year revenue increase in Q4 2025, with expectations of 80% year-over-year growth in Q1 2026, indicating strong demand and positive outlook in the AI chip market.
- Long-Term Contract Potential: IREN's $9.7 billion deal with Microsoft secures $1.94 billion in annual recurring revenue, and if expanded to its 4.5GW portfolio, could yield over $40 billion in annual revenue, attracting significant investor interest.
- Share Buyback Program: Broadcom announced a $10 billion stock repurchase program alongside Q1 2026 revenue of $19.3 billion and a 34% increase in net income, demonstrating strong financial fundamentals and commitment to shareholders.
- Intensifying Market Competition: While Broadcom competes with Nvidia in the AI chip market, demand for its customized chips continues to grow, with projected revenue of $22 billion in Q2 2026, reflecting a 47% year-over-year increase and further solidifying its market position.
See More
Silicon Motion Technology Declares $0.50 Quarterly Dividend
- Quarterly Dividend Declaration: Silicon Motion Technology has declared a quarterly dividend of $0.50 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield of 1.39% provides investors with a relatively stable return, reflecting the company's attractiveness in the current market environment.
- Payment Schedule: The dividend is payable on May 21, with a record date of May 7 and an ex-dividend date also on May 7, ensuring shareholders receive their earnings promptly, which strengthens their holding intentions.
- Dividend Growth Potential: By maintaining consistent dividend payments, Silicon Motion demonstrates its commitment to shareholder returns, potentially attracting more long-term investors and further enhancing the company's market value.
See More
Silicon Motion Shares Rise 1.98% Amid Earnings Anticipation
- Stock Performance: Silicon Motion (SIMO) closed at $139.71, reflecting a 1.98% increase from the previous day, outperforming the S&P 500's 1.2% gain, indicating its relative strength in the market.
- Monthly Growth: Over the past month, SIMO shares have risen by 7.45%, although it lagged behind the Computer and Technology sector's 8.24% increase, it still surpassed the S&P 500's 5.15% growth, showcasing its competitive position within the industry.
- Earnings Expectations: The company is set to release its earnings on April 28, 2026, with projected EPS of $1.31, representing a 118.33% increase year-over-year, and quarterly revenue expected at $299.61 million, up 79.95%, highlighting strong profitability and market demand.
- Valuation Analysis: Currently, Silicon Motion trades at a Forward P/E ratio of 23.67, slightly above the industry average of 22, with a PEG ratio of 0.84, indicating attractiveness under future earnings growth expectations, while holding a Zacks Rank of #3 (Hold) and ranking in the top 30% of over 250 industries.
See More
Silicon Motion to Release Q1 2026 Financial Results
- Earnings Release Schedule: Silicon Motion plans to release its Q1 2026 financial results after market close on April 28, 2026, and will host a conference call on April 29 at 8:00 a.m. Eastern Time, demonstrating the company's commitment to transparency and investor communication.
- Participant Registration Requirement: Investors must pre-register to join the conference call, ensuring smooth access and providing necessary dial-in information, reflecting the company's professionalism and focus on investor relations.
- Market Leadership Position: As a global leader in NAND flash controllers, Silicon Motion dominates the SSD controller market, serving servers, PCs, and other client devices, showcasing its strong competitive edge in the rapidly evolving storage solutions sector.
- Broad Customer Base: The company serves most NAND flash vendors and leading OEMs, indicating its significance and influence in the industry while laying a solid foundation for future business growth.
See More
Silicon Motion Technology Q1 Earnings Preview
- Earnings Announcement Date: Silicon Motion Technology is set to release its Q1 2023 earnings on April 28 after market close, with a consensus EPS estimate of $1.30, reflecting a robust year-over-year growth of 116.7%, indicating strong profitability and market confidence.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $299.58 million, representing a 79.9% year-over-year increase, showcasing significant sales growth amid rising demand for enterprise-grade SSDs, which is crucial for the company's market positioning.
- Historical Performance Review: Over the past two years, Silicon Motion has surpassed EPS estimates 75% of the time and revenue estimates 88% of the time, demonstrating the company's stability in financial performance and its ability to exceed market expectations consistently.
- Expectation Revisions: In the last three months, both EPS and revenue estimates have seen seven upward revisions with no downward adjustments, reflecting analysts' optimistic outlook on the company's future performance, which further bolsters investor confidence.
See More
Three AI Companies with Significant Potential
- Silicon Motion Surge: Silicon Motion Technology (NASDAQ: SIMO) reported a 46% year-over-year revenue increase in Q4 2025, with guidance suggesting an 80% year-over-year growth for Q1 2026, indicating strong performance and demand in the AI chip sector.
- IREN's Long-Term Potential: IREN's $9.7 billion deal with Microsoft provides 200 megawatts of power to its Texas AI data center, translating to $1.94 billion in annual recurring revenue, although currently only 460 megawatts support AI deployments, highlighting both growth challenges and opportunities ahead.
- Broadcom's Market Leadership: Broadcom (AVGO) achieved $19.3 billion in revenue for Q1 2026, a 34% year-over-year increase, with expectations of $22 billion in Q2, a 47% growth, alongside a $10 billion stock repurchase program, reinforcing its leadership in the AI chip market.
- Capital-Intensive Challenges: IREN's capital-intensive business model raises shareholder dilution risks, and while its market potential is significant, the ability to maintain profitability while attracting more tech partnerships remains a key challenge for the future.
See More
Silicon Motion Technology and AI Market Potential
- Significant Revenue Growth: Silicon Motion Technology reported a 46% year-over-year revenue increase in Q4 2025, with expectations of 80% year-over-year growth in Q1 2026, indicating strong demand and positive outlook in the AI chip market.
- Long-Term Contract Potential: IREN's $9.7 billion deal with Microsoft secures $1.94 billion in annual recurring revenue, and if expanded to its 4.5GW portfolio, could yield over $40 billion in annual revenue, attracting significant investor interest.
- Share Buyback Program: Broadcom announced a $10 billion stock repurchase program alongside Q1 2026 revenue of $19.3 billion and a 34% increase in net income, demonstrating strong financial fundamentals and commitment to shareholders.
- Intensifying Market Competition: While Broadcom competes with Nvidia in the AI chip market, demand for its customized chips continues to grow, with projected revenue of $22 billion in Q2 2026, reflecting a 47% year-over-year increase and further solidifying its market position.
See More
Silicon Motion Technology Declares $0.50 Quarterly Dividend
- Quarterly Dividend Declaration: Silicon Motion Technology has declared a quarterly dividend of $0.50 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield of 1.39% provides investors with a relatively stable return, reflecting the company's attractiveness in the current market environment.
- Payment Schedule: The dividend is payable on May 21, with a record date of May 7 and an ex-dividend date also on May 7, ensuring shareholders receive their earnings promptly, which strengthens their holding intentions.
- Dividend Growth Potential: By maintaining consistent dividend payments, Silicon Motion demonstrates its commitment to shareholder returns, potentially attracting more long-term investors and further enhancing the company's market value.
See More
Silicon Motion Shares Rise 1.98% Amid Earnings Anticipation
- Stock Performance: Silicon Motion (SIMO) closed at $139.71, reflecting a 1.98% increase from the previous day, outperforming the S&P 500's 1.2% gain, indicating its relative strength in the market.
- Monthly Growth: Over the past month, SIMO shares have risen by 7.45%, although it lagged behind the Computer and Technology sector's 8.24% increase, it still surpassed the S&P 500's 5.15% growth, showcasing its competitive position within the industry.
- Earnings Expectations: The company is set to release its earnings on April 28, 2026, with projected EPS of $1.31, representing a 118.33% increase year-over-year, and quarterly revenue expected at $299.61 million, up 79.95%, highlighting strong profitability and market demand.
- Valuation Analysis: Currently, Silicon Motion trades at a Forward P/E ratio of 23.67, slightly above the industry average of 22, with a PEG ratio of 0.84, indicating attractiveness under future earnings growth expectations, while holding a Zacks Rank of #3 (Hold) and ranking in the top 30% of over 250 industries.
See More
Silicon Motion to Release Q1 2026 Financial Results
- Earnings Release Schedule: Silicon Motion plans to release its Q1 2026 financial results after market close on April 28, 2026, and will host a conference call on April 29 at 8:00 a.m. Eastern Time, demonstrating the company's commitment to transparency and investor communication.
- Participant Registration Requirement: Investors must pre-register to join the conference call, ensuring smooth access and providing necessary dial-in information, reflecting the company's professionalism and focus on investor relations.
- Market Leadership Position: As a global leader in NAND flash controllers, Silicon Motion dominates the SSD controller market, serving servers, PCs, and other client devices, showcasing its strong competitive edge in the rapidly evolving storage solutions sector.
- Broad Customer Base: The company serves most NAND flash vendors and leading OEMs, indicating its significance and influence in the industry while laying a solid foundation for future business growth.
See More
