Silicon Motion Technology Corporation (SIMO) reported Q1 2026 results with revenue up sharply year‑over‑year. Total revenue rose 105.5% to $342.1 million, topping the consensus estimate of $305.6 million.
On the cash flow and balance sheet front, the company showed higher capital spending and a draw on operating cash.
Overall, Silicon Motion (SIMO) delivered strong top‑line and earnings beats for Q1 2026, and the shares reacted with a post‑close move of 17.98%.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Silicon Motion Technology Corporation Hedge Fund Activity
We have seen 123 institutional investors add shares of Silicon Motion Technology Corporation stock to their portfolio, and 104 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. removed 700,048 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $64,894,449
- ERSTE ASSET MANAGEMENT GMBH removed 660,000 shares (-99.4%) from their portfolio in Q4 2025, for an estimated $61,182,000
- WOLF HILL CAPITAL MANAGEMENT, LP added 581,370 shares (+inf%) to their portfolio in Q4 2025, for an estimated $53,892,999
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 531,623 shares (-51.0%) from their portfolio in Q4 2025, for an estimated $49,281,452
- HAWK RIDGE CAPITAL MANAGEMENT LP added 415,000 shares (+111.3%) to their portfolio in Q4 2025, for an estimated $38,470,500
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 379,939 shares (-64.8%) from their portfolio in Q4 2025, for an estimated $35,220,345
- MAN GROUP PLC added 339,663 shares (+820.7%) to their portfolio in Q4 2025, for an estimated $31,486,760
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Silicon Motion Technology Corporation Analyst Ratings
Wall Street analysts have issued reports on $SIMO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 02/05/2026
- William Blair issued a "Outperform" rating on 01/22/2026
- Susquehanna issued a "Positive" rating on 11/03/2025
- Wedbush issued a "Outperform" rating on 11/03/2025
To track analyst ratings and price targets for Silicon Motion Technology Corporation, check out Quiver Quantitative's $SIMO forecast page.
Silicon Motion Technology Corporation Price Targets
Multiple analysts have issued price targets for $SIMO recently. We have seen 5 analysts offer price targets for $SIMO in the last 6 months, with a median target of $135.0.
Here are some recent targets:
- Matt Bryson from Wedbush set a target price of $180.0 on 04/28/2026
- Neil Young from Needham set a target price of $155.0 on 02/05/2026
- Craig Ellis from B. Riley Securities set a target price of $135.0 on 01/12/2026
- Mehdi Hosseini from Susquehanna set a target price of $120.0 on 11/03/2025
- Gokul Hariharan from JP Morgan set a target price of $110.0 on 11/03/2025
