Silicon Laboratories (NASDAQ:SLAB) Posts Earnings Results, Hits Expectations

Silicon Laboratories (NASDAQ:SLAB) posted its quarterly earnings data on Tuesday. The semiconductor company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11), RTT News reports. The company had revenue of $166.25 million for the quarter, compared to analysts’ expectations of $166.09 million. Silicon Laboratories had a negative return on equity of 12.60% and a negative net margin of 46.93%. Silicon Laboratories’s revenue was up 91.4% compared to the same quarter last year. During the same period in the previous year, the firm posted ($1.19) EPS. Silicon Laboratories updated its Q1 2025 guidance to -0.190-0.010 EPS and its Q1 guidance to $(0.19)-0.01 EPS.

Silicon Laboratories Stock Down 1.0 %

SLAB traded down $1.53 during trading on Thursday, hitting $147.53. 132,049 shares of the company’s stock were exchanged, compared to its average volume of 345,061. The business’s 50 day moving average is $128.35 and its two-hundred day moving average is $116.74. The stock has a market cap of $4.79 billion, a P/E ratio of -19.93 and a beta of 1.16. Silicon Laboratories has a fifty-two week low of $94.00 and a fifty-two week high of $154.91.

Insider Buying and Selling at Silicon Laboratories

In other 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 directly owns 32,115 shares of the company’s stock, valued at approximately $4,520,828.55. This trade represents a 5.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.72% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on SLAB shares. Susquehanna initiated coverage on shares of Silicon Laboratories in a research note on Tuesday, December 17th. They set a “neutral” rating and a $130.00 target price on the stock. Morgan Stanley lowered their price target on shares of Silicon Laboratories from $123.00 to $97.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 5th. KeyCorp raised their price objective on shares of Silicon Laboratories from $115.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Needham & Company LLC upped their target price on Silicon Laboratories from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Barclays increased their target price on shares of Silicon Laboratories from $75.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, January 17th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $136.20.

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.