Silicon Laboratories (NASDAQ:SLAB) Issues Q1 Earnings Guidance

Silicon Laboratories (NASDAQ:SLAB) 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.

Silicon Laboratories Trading Up 1.3 %

Shares of NASDAQ SLAB traded up $1.80 during mid-day trading on Tuesday, reaching $136.59. The company had a trading volume of 523,017 shares, compared to its average volume of 325,631. Silicon Laboratories has a 1-year low of $94.00 and a 1-year high of $154.91. The stock has a market cap of $4.43 billion, a PE ratio of -18.46 and a beta of 1.16. The company has a 50-day moving average price of $126.96 and a two-hundred day moving average price of $116.33.

Silicon Laboratories (NASDAQ:SLAB) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). Silicon Laboratories had a negative net margin of 46.93% and a negative return on equity of 12.60%. The company had revenue of $166.25 million during the quarter, compared to analyst estimates of $166.09 million. During the same period in the prior year, the firm earned ($1.19) earnings per share. The business’s quarterly revenue was up 91.4% on a year-over-year basis. On average, research analysts expect that Silicon Laboratories will post -3.56 EPS for the current year.

Wall Street Analyst Weigh In

SLAB has been the subject of a number of research analyst reports. StockNews.com upgraded Silicon Laboratories to a “sell” rating in a report on Friday, November 8th. Stifel Nicolaus increased their price objective on Silicon Laboratories from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Morgan Stanley lowered their target price on 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. Benchmark reissued a “hold” rating on shares of Silicon Laboratories in a research report on Tuesday, November 5th. Finally, Barclays upped their price objective 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. One analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $133.56.

Insider Activity

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