Nomura Stick to Their Hold Rating for Silicon Motion By

Nomura analyst Donnie Teng maintained a Hold rating on Silicon Motion (NASDAQ:) on Sunday, setting a price target of $70, which is approximately 2.53% below the present share price of $71.82.

Teng expects Silicon Motion to post earnings per share (EPS) of $0.04 for the second quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Silicon Motion, with an average price target of $78.4.
The analysts price targets range from a high of $90 to a low of $62.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $143.9 million and a net profit of $17.89 million. The company’s market cap is $2.52 billion.

According to, Nomura analyst Donnie Teng is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 36.8% and a 60.00% success rate.

Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. It offers embedded and expandable storage, radio frequency integrated circuits, and embedded graphics. The company was founded in November 2005 and is headquartered in Hong Kong.

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