Silicon Laboratories (NASDAQ:SLAB) Announces Quarterly Earnings Results

Silicon Laboratories (NASDAQ:SLAB) posted its quarterly earnings results on Tuesday. The semiconductor company reported ($0.11) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.11), RTT News reports. Silicon Laboratories had a negative return on equity of 12.60% and a negative net margin of 46.93%. The business had revenue of $166.25 million for the quarter, compared to analysts’ expectations of $166.09 million. During the same quarter in the prior year, the business earned ($1.19) EPS. The firm’s revenue for the quarter was up 91.4% on a year-over-year basis. 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 Price Performance

SLAB stock traded down $1.72 during trading on Tuesday, reaching $133.07. 361,656 shares of the company were exchanged, compared to its average volume of 322,353. Silicon Laboratories has a twelve month low of $94.00 and a twelve month high of $154.91. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of -17.89 and a beta of 1.16. The company has a 50-day moving average of $126.96 and a two-hundred day moving average of $116.33.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on SLAB shares. Stifel Nicolaus increased their target price 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 upped their price target on shares of Silicon Laboratories from $75.00 to $120.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Susquehanna assumed coverage on shares of Silicon Laboratories in a report on Tuesday, December 17th. They issued a “neutral” rating and a $130.00 price objective for the company. Morgan Stanley lowered their target price on shares of Silicon Laboratories from $123.00 to $97.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. reduced their price target on Silicon Laboratories from $150.00 to $135.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Silicon Laboratories has an average rating of “Hold” and an average price target of $133.56.

Insiders Place Their Bets

In related news, Director William G. Bock sold 2,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $140.77, for a total value of $281,540.00. Following the sale, the director now owns 32,115 shares of the company’s stock, valued at $4,520,828.55. The trade was a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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.