Silicon Laboratories (NASDAQ:SLAB) Releases Q1 Earnings Guidance

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $(0.19)-0.01 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

SLAB has been the topic of a number of research analyst reports. Morgan Stanley reduced their target price 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. Benchmark upgraded shares of Silicon Laboratories from a "hold" rating to a "buy" rating and set a $160.00 target price for the company in a research note on Wednesday. StockNews.com upgraded shares of Silicon Laboratories from a "sell" rating to a "hold" rating in a research report on Thursday. Barclays increased their price objective on shares of Silicon Laboratories from $75.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their target price on Silicon Laboratories from $150.00 to $135.00 and set an "overweight" rating for the company in a research note on Tuesday, November 5th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $136.20.

Silicon Laboratories Trading Down 3.2 %

SLAB stock traded down $4.74 on Friday, hitting $142.66. 418,568 shares of the company's stock traded hands, compared to its average volume of 374,538. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of -24.02 and a beta of 1.16. Silicon Laboratories has a 1-year low of $94.00 and a 1-year high of $154.91. The stock has a fifty day moving average of $129.76 and a 200-day moving average of $117.14.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last announced its 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). Silicon Laboratories had a negative return on equity of 10.46% and a negative net margin of 32.69%. The company had revenue of $166.25 million for the quarter, compared to analyst estimates of $166.09 million. During the same period in the previous year, the firm earned ($1.19) earnings per share. Silicon Laboratories's revenue for the quarter was up 91.4% compared to the same quarter last year. On average, equities research analysts anticipate that Silicon Laboratories will post -0.47 earnings per share for the current fiscal year.

Insider Activity at Silicon Laboratories

In other news, Director Navdeep S. Sooch sold 2,360 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $149.00, for a total value of $351,640.00. Following the transaction, the director now owns 400,567 shares in the company, valued at $59,684,483. This represents a 0.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William G. Bock sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $140.77, for a total transaction of $281,540.00. Following the sale, the director now owns 32,115 shares of the company's stock, valued at approximately $4,520,828.55. This represents a 5.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.72% of the stock is owned by insiders.

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.