Core Viewpoint - Silicon Motion (SIMO) has experienced a significant decline in stock performance, returning -21.4% over the past month, compared to the Zacks S&P 500 composite's -5.1% change, and the Zacks Computer - Integrated Systems industry’s -9.3% [1] Earnings Estimates - For the current quarter, Silicon Motion is expected to post earnings of $0.43 per share, reflecting a -32.8% change from the year-ago quarter, with the Zacks Consensus Estimate remaining unchanged over the last 30 days [4] - The consensus earnings estimate for the current fiscal year is $3.56, indicating a +3.8% change from the prior year, also unchanged over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is $4.84, suggesting a +35.9% change from the expected report a year ago, with this estimate remaining unchanged as well [5] Revenue Growth - The consensus sales estimate for the current quarter is $162.58 million, indicating a year-over-year change of -14.1% [9] - For the current fiscal year, the sales estimate is $828.21 million, reflecting a +3.1% change, while for the next fiscal year, the estimate is $938.78 million, indicating a +13.4% change [9] Last Reported Results - Silicon Motion reported revenues of $191.16 million in the last quarter, representing a year-over-year change of -5.5%, with an EPS of $0.91 compared to $0.93 a year ago [10] - The reported revenues were a surprise of -2.25% compared to the Zacks Consensus Estimate of $195.55 million, while the EPS surprise was +8.33% [10] - The company has beaten consensus EPS estimates in each of the trailing four quarters and topped consensus revenue estimates three times during this period [11] Valuation - Silicon Motion is graded B in the Zacks Value Style Score, indicating that it is trading at a discount to its peers [15] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for determining whether the stock is overvalued, fairly valued, or undervalued [13][14] Conclusion - The current Zacks Rank of 3 suggests that Silicon Motion may perform in line with the broader market in the near term, despite the market buzz surrounding the company [16]

The latest trading session saw Silicon Motion (SIMO) ending at $41.36, denoting a -0.48% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 0.05%.Prior to today's trading, shares of the chip company had lost 22.07% over the past month. This has lagged the Computer and Technology sector's loss of 6.26% and the S&P 500's loss of 3.94% in that time.The i ...

Company Overview - Silicon Motion (SIMO) shares increased by 8.7% to close at $42.35, following a notable trading volume, despite a 26.2% loss over the past four weeks [1] - The company has expanded its SSD controller program engagements with PC OEMs and is launching next-generation enterprise-class SSD controllers, indicating growth in its product offerings [2] Financial Performance - The upcoming quarterly earnings report is expected to show earnings of $0.44 per share, reflecting a year-over-year decline of 31.3%, with revenues projected at $162.58 million, down 14.1% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, suggesting stability in earnings expectations [4] Market Context - The U.S. Government's decision to suspend higher tariffs for most countries for 90 days, excluding China, has positively influenced investor confidence in Silicon Motion [2] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [4]

CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration. TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans t ...

In the latest market close, Silicon Motion (SIMO) reached $50.58, with a -0.31% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.55% for the day. Meanwhile, the Dow gained 1.01%, and the Nasdaq, a tech-heavy index, lost 0.14%. Shares of the chip company have depreciated by 9.57% over the course of the past month, underperforming the Computer and Technology sector's loss of 8.88% and the S&P 500's loss of 6.22%. Remember to apply Zacks.com to follow the ...

The latest trading session saw Silicon Motion (SIMO) ending at $56.50, denoting a +1.25% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 1.77%. Meanwhile, the Dow gained 1.42%, and the Nasdaq, a tech-heavy index, added 2.28%.Shares of the chip company witnessed a loss of 5.1% over the previous month, beating the performance of the Computer and Technology sector with its loss of 9.47% and the S&P 500's loss of 5.73%.The upcoming earnings release of Silicon ...

Group 1 - Silicon Motion Technology (SIMO) reported solid results for the full year 2024, which positively influenced market reactions [1] - The company provided an optimistic outlook, aiming to increase its market share in the mobile sector [1]

Company Overview - Silicon Motion's stock closed at $51.45, reflecting a -1.27% change from the previous trading day, which is less than the S&P 500's daily loss of 0.91% [1] - Over the past month, shares of Silicon Motion have decreased by 4.03%, which is better than the Computer and Technology sector's loss of 10.57% and the S&P 500's loss of 7.38% [2] Financial Performance - The upcoming financial results for Silicon Motion are anticipated to show an EPS of $0.44, indicating a 31.25% decline from the same quarter last year, with projected net sales of $162.58 million, down 14.12% year-over-year [3] - For the full year, earnings are projected at $3.68 per share and revenue at $828.21 million, representing increases of +7.29% and +3.07% respectively from the previous year [4] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for Silicon Motion are crucial as they reflect the evolving business landscape, with positive revisions indicating analysts' confidence in the company's performance [5] - The Zacks Rank system, which incorporates estimate changes, currently ranks Silicon Motion at 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [7] Valuation Metrics - Silicon Motion has a Forward P/E ratio of 14.16, which aligns with the industry's average Forward P/E of 14.16, and a PEG ratio of 1, compared to the Computer - Integrated Systems industry's average PEG ratio of 1.51 [8] Industry Context - The Computer - Integrated Systems industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [9]

Summary of Conference Call on Greater China Semiconductors Industry Overview - The NAND module market is showing signs of recovery, with a positive outlook on companies like Phison and Longsys, while maintaining an overweight (OW) rating on SIMO. Concerns regarding structural specialty DRAM persist, with week-over-week (WoW) project wins being crucial for differentiation [1][4][9]. Key Points on NAND Modules - **Price Increases**: After the Lunar New Year, two NAND suppliers raised wafer prices by 9-11%, and SanDisk announced price hikes for channels and consumer customers starting April 1. Phison noted that NAND prices in China are the highest in the region due to strong demand [2][9]. - **Demand Recovery**: The bottom for NAND modules is believed to have passed, with expectations of price stabilization in Q2 2025 due to improved supply controls. Phison reported shipment increases in February and anticipates strong demand throughout 2025, with concerns about insufficient NAND supply in the second half of the year [3][9]. - **Inventory Management**: Phison plans to accumulate inventories in the first half of 2025, indicating a cyclical recovery based on historical patterns. A price rebound for NAND modules is expected in Q1 2025 if demand from PC OEMs and smartphones continues [3][9]. Specialty DRAM Insights - **Market Sentiment**: Long-term concerns regarding CXMT's specialty DRAM remain unchanged, but recent project wins have helped identify key players. NTC's share price has increased by 37% year-to-date, driven by DDR4 sentiment and PC demand ahead of tariffs [4][9]. - **Price Trends**: Specialty DRAM spot discounts are currently at 33%, down from 35% a month ago, primarily due to weak consumer electronics demand and oversupply. TrendForce predicts a 10-15% quarter-over-quarter price decline for DDR4 in Q1 2025, followed by another 5-10% decline in Q2 2025 [14][9]. Stock Recommendations - **Upgrades and Downgrades**: - Phison and Longsys are upgraded to OW due to disciplined supply and strong SSD demand. - Winbond is also upgraded to OW based on bottoming fundamentals, while NTC is rated underweight (UW) due to competition from CXMT and lack of project wins [9][48]. - **Preferred Stocks**: SIMO, Phison, and Longsys are highlighted as preferred investments in the Greater China memory sector, with expectations of a recovery in NAND module prices and demand driven by edge AI [13][9]. Additional Insights - **China's Memory Investment**: China's aggressive memory investment is expected to continue into 2025, positively impacting wafer fabrication equipment (WFE) players. CXMT and YMTC are planning significant capacity expansions [52][53]. - **Market Dynamics**: The competitive landscape is shifting, with global suppliers like Samsung and SK Hynix beginning to cut production, which may lead to a new upcycle for specialty DRAM [35][9]. This summary encapsulates the key insights and recommendations from the conference call regarding the Greater China semiconductor industry, particularly focusing on NAND modules and specialty DRAM.

Core Insights - Silicon Motion Technology Corporation has introduced its MonTitan™ SSD Reference Design Kit (RDK) that supports up to 128TB with QLC NAND, aimed at enhancing enterprise and data center storage solutions for AI applications [1][5]. Group 1: Product Features - The MonTitan SSD RDK utilizes Silicon Motion's PCIe Dual Ported enterprise-grade SM8366 controller, supporting PCIe Gen5 x4 NVMe 2.0 and OCP 2.5 specifications, which provides superior performance and capacity for large data lake storage [2]. - The 128TB SSD is built with the latest 2Tb die QLC NAND, featuring enterprise-optimized firmware for reliability and endurance, achieving sequential read speeds over 14 GB/s and random read performance exceeding 3.3 million IOPS, which is over 25% better than other Gen5 high-capacity solutions [3]. Group 2: Advanced Features - The SSD RDK supports NVMe 2.0 FDP (Flexible Data Placement), enhancing data management and write efficiency, while Silicon Motion's PerformaShape™ technology optimizes performance based on user-defined QoS sets, effectively managing data and minimizing latency [4]. - The combination of FDP and PerformaShape™ is particularly beneficial for AI data pipelines in multi-tenant environments, improving performance across various stages such as Ingest, Prep, Train, and Inference [4]. Group 3: Market Position and Collaboration - Silicon Motion's MonTitan SSD RDK is positioned as a comprehensive solution for customers to develop enterprise-class SSDs tailored for AI data center and edge server applications, facilitating rapid development and commercialization [5]. - Collaborations with companies like Innodisk and Exascend highlight the flexibility and performance of the MonTitan platform in meeting the storage demands of the AI era [5].