B. Riley raised the firm’s price target on Silicon Motion (SIMO) to $90 from $75 and keeps a Buy rating on the shares. The deeper Nvidia (NVDA) Bluefield data processing unit win and Nintendo (NTDOY) Switch 2 consumer product cycle frames longer-term win implications for Silicon Motion, the analyst tells investors in a research note. This, plus on-track PCIe Gen5 PC/Notebook SAM and share expansion to 50%+ with 8- and 4-channel parts, plus similar from UFS 4.0 for smartphones, suggests the potential overall impact could lift calendar 2026 and 2027 EPS toward $5.25+ and $6.50+, the firm says.
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Read More on SIMO:
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