Silicon Laboratories (SLAB) Expected to Announce Quarterly Earnings on Tuesday

Silicon Laboratories (NASDAQ:SLAB) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $177.48 million for the quarter.

Silicon Laboratories Stock Performance

Shares of Silicon Laboratories stock opened at $117.04 on Monday. The firm has a 50-day simple moving average of $108.95 and a two-hundred day simple moving average of $120.55. The company has a market cap of $3.80 billion, a P/E ratio of -19.70 and a beta of 1.36. Silicon Laboratories has a fifty-two week low of $82.82 and a fifty-two week high of $160.00.

Analysts Set New Price Targets

A number of research analysts have weighed in on SLAB shares. StockNews.com downgraded shares of Silicon Laboratories from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. KeyCorp upped their price objective on shares of Silicon Laboratories from $115.00 to $160.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price objective on shares of Silicon Laboratories in a research report on Wednesday, March 12th. Benchmark reiterated a “buy” rating and issued a $160.00 price objective on shares of Silicon Laboratories in a research report on Wednesday, March 12th. Finally, Stifel Nicolaus decreased their price objective on shares of Silicon Laboratories from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $129.00.

Insider Activity at Silicon Laboratories

In other Silicon Laboratories news, Director William G. Bock sold 1,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $149.43, for a total value of $149,430.00. Following the transaction, the director now directly owns 31,115 shares in the company, valued at $4,649,514.45. The trade was a 3.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christy Wyatt sold 546 shares of the business’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $104.45, for a total transaction of $57,029.70. Following the completion of the transaction, the director now owns 8,492 shares in the company, valued at $886,989.40. The trade was a 6.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.60% 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.