Roth Capital raised the firm’s price target on Silicon Motion (SIMO) to $120 from $90 and keeps a Buy rating on the shares. The company reported Q3 revenue and EPS well above consensus and guided Q4 above prior run-rate expectations, the analyst tells investors in a research note. The firm noted that it continues to be optimistic about forward growth opportunities across AI infrastructure enterprise and automotive.
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Read More on SIMO:
- Silicon Motion Reports Strong Q3 2025 Financial Results and Declares Dividend
- Silicon Motion reports Q3 non-GAAP EPS $1.00, consensus 81c
- Silicon Motion sees Q4 revenue $254M-$266M, consensus $247.1M
- SIMO Earnings this Week: How Will it Perform?
- Silicon Motion Declares Annual Dividend Amid Improved Business Outlook