By otakuyassine3@gmail.com 
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $(0.19)-0.01 for the period, compared to the consensus estimate of ($0.09). The company issued revenue guidance of $170-185 million, compared to the consensus revenue estimate of $175.70 million. Silicon Laboratories also updated its Q1 2025 guidance to -0.190-0.010 EPS.
Silicon Laboratories Stock Up 7.2 %
Shares of Silicon Laboratories stock traded up $9.88 on Wednesday, hitting $146.48. The stock had a trading volume of 150,562 shares, compared to its average volume of 323,554. Silicon Laboratories has a one year low of $94.00 and a one year high of $154.91. The stock’s 50-day simple moving average is $127.54 and its two-hundred day simple moving average is $116.52. The stock has a market cap of $4.75 billion, a price-to-earnings ratio of -19.81 and a beta of 1.16.
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.11). The business had revenue of $166.25 million for the quarter, compared to analyst estimates of $166.09 million. Silicon Laboratories had a negative net margin of 46.93% and a negative return on equity of 12.60%. The company’s revenue was up 91.4% on a year-over-year basis. During the same quarter last year, the firm earned ($1.19) EPS. As a group, equities analysts predict that Silicon Laboratories will post -3.56 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. StockNews.com upgraded Silicon Laboratories to a “sell” rating in a report on Friday, November 8th. Stifel Nicolaus boosted their price target on Silicon Laboratories from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Barclays raised their target price on Silicon Laboratories from $75.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. Needham & Company LLC boosted their price objective on shares of Silicon Laboratories from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley decreased their price target on Silicon Laboratories from $123.00 to $97.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Silicon Laboratories has an average rating of “Hold” and a consensus price target of $136.20.
Read Our Latest Stock Analysis on SLAB
Insider Activity
In other Silicon Laboratories news, Director William G. Bock sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The shares were sold at an average price of $140.77, for a total value of $281,540.00. Following the completion of the sale, the director now owns 32,115 shares of the company’s stock, valued at $4,520,828.55. This trade represents a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.72% of the company’s stock.
Silicon Laboratories Company Profile
Silicon Laboratories Inc, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company’s products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation.
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