Silicon Laboratories (NASDAQ:SLAB) Releases 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 (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 Performance

Shares of Silicon Laboratories stock traded down $0.78 during trading hours on Thursday, hitting $148.29. The company’s stock had a trading volume of 20,532 shares, compared to its average volume of 341,044. The business has a 50 day moving average price of $128.35 and a two-hundred day moving average price of $116.74. Silicon Laboratories has a 12-month low of $94.00 and a 12-month high of $154.91. The company has a market cap of $4.81 billion, a PE ratio of -20.03 and a beta of 1.16.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Stifel Nicolaus upped their target price on Silicon Laboratories from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, January 6th. Benchmark raised Silicon Laboratories from a “hold” rating to a “buy” rating and set a $160.00 target price on the stock in a research note on Wednesday. Morgan Stanley cut 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. KeyCorp increased their price objective on Silicon Laboratories from $115.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Barclays increased their price objective on Silicon Laboratories from $75.00 to $120.00 and gave the stock an “equal weight” rating in a research note 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $136.20.

Insider Activity at Silicon Laboratories

In other Silicon Laboratories news, Director William G. Bock sold 2,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $4,520,828.55. This represents a 5.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.72% of the stock is owned by corporate 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.