Susquehanna Upgrades Silicon Motion Technology to Positive, Announces $90 Price Target
Susquehanna analyst Mehdi Hosseini upgrades Silicon Motion Technology (NASDAQ:SIMO) from Neutral to Positive and announces $90 price target.
Silicon Motion Technology Q3 EPS $1.70 Beats $1.64 Estimate, Sales $254.20M Beat $246.17M Estimate
Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.70 per share which beat the analyst consensus estimate of $1.64 by 3.66 percent. This is a 123.68 percent increase over earnings of $0.76 per
Earnings Scheduled For October 27, 2021
Companies Reporting Before The Bell
• McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.46 per share on revenue of $6.03 billion.
Silicon Motion Technology Earnings Preview
Silicon Motion Technology (NASDAQ:SIMO) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.
Analysts estimate that Silicon Motion Technology will likely report an Earnings Per Share (EPS) of $1.64
TSM Rival To Build $9B Chip Plant In Shanghai
China's largest chip maker Semiconductor Manufacturing International Corp, collaborates with the Shanghai government to build an $8.87 billion chip plant.
Taiwan Semi To Hike Prices Of 16nm Chips; Shares Gain On News
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) shares traded higher by 4.73% at $117.37 on the last check Wednesday.
Who Could Gain From 28nm Chip Crisis?
Silicon Motion Technology Corp (NASDAQ:SIMO) President Wallace Kou projected the flash device controller ICs’ supply crisis to extend in…
10 Biggest Price Target Changes For Thursday
Rosenblatt lowered Wix.com Ltd. (NASDAQ: WIX) price target from $250 to $210. Wix.com shares rose 1.2% to $218.01 in pre-market trading.
Morgan Stanley Upgrades Silicon Motion Technology to Equal-Weight, Raises Price Target to $78
Morgan Stanley analyst Ray Wu upgrades Silicon Motion Technology (NASDAQ:SIMO) from Underweight to Equal-Weight and raises the price target from $68 to $78.