Silicon Laboratories (NASDAQ:SLAB) Updates Q1 Earnings Guidance

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

NASDAQ SLAB traded down $1.72 during trading on Tuesday, hitting $133.07. 361,656 shares of the company’s stock traded hands, compared to its average volume of 322,353. Silicon Laboratories has a 12-month low of $94.00 and a 12-month high of $154.91. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of -17.89 and a beta of 1.16. The business has a 50 day moving average of $126.96 and a 200-day moving average of $116.33.

Silicon Laboratories (NASDAQ:SLAB) last released its earnings results on Tuesday, February 4th. The semiconductor company reported ($0.11) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.11). The company had revenue of $166.25 million during 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%. Silicon Laboratories’s quarterly revenue was up 91.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.19) EPS. On average, analysts expect that Silicon Laboratories will post -3.56 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Barclays upped their price objective on shares of Silicon Laboratories from $75.00 to $120.00 and gave the stock an “equal weight” rating in a report on Friday, January 17th. Susquehanna assumed coverage on shares of Silicon Laboratories in a report on Tuesday, December 17th. They set a “neutral” rating and a $130.00 price objective for the company. Stifel Nicolaus raised their target price on Silicon Laboratories from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Benchmark reaffirmed a “hold” rating on shares of Silicon Laboratories in a report on Tuesday, November 5th. Finally, 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 report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $133.56.

Insider Activity at Silicon Laboratories

In other Silicon Laboratories news, Director William G. Bock sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, January 22nd. The stock was 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 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.72% of the stock is currently owned by corporate insiders.

About Silicon Laboratories

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.