Brokerages Set Silicon Laboratories, Inc. (NASDAQ:SLAB) Price Target at $153.43

by · The Markets Daily

Silicon Laboratories, Inc. (NASDAQ:SLAB – Get Free Report) has earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $153.4286.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Silicon Laboratories in a research report on Monday, December 29th.

Check Out Our Latest Stock Report on Silicon Laboratories

Silicon Laboratories Stock Up 0.9%

Shares of NASDAQ:SLAB opened at $131.93 on Thursday. The stock has a market capitalization of $4.33 billion, a PE ratio of -49.97 and a beta of 1.55. The firm’s 50 day moving average price is $130.73 and its 200-day moving average price is $134.60. Silicon Laboratories has a twelve month low of $82.82 and a twelve month high of $160.00.

Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last announced its earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.02. Silicon Laboratories had a negative net margin of 11.58% and a negative return on equity of 6.04%. The company had revenue of $206.00 million during the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Analysts expect that Silicon Laboratories will post -0.97 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Silicon Laboratories news, SVP Brandon Tolany sold 4,246 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $140.17, for a total transaction of $595,161.82. Following the completion of the sale, the senior vice president owned 62,381 shares of the company’s stock, valued at approximately $8,743,944.77. The trade was a 6.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SLAB. JPMorgan Chase & Co. lifted its position in Silicon Laboratories by 51.6% in the second quarter. JPMorgan Chase & Co. now owns 170,704 shares of the semiconductor company’s stock valued at $25,155,000 after purchasing an additional 58,109 shares during the period. Creative Planning raised its stake in shares of Silicon Laboratories by 36.4% during the 2nd quarter. Creative Planning now owns 14,321 shares of the semiconductor company’s stock worth $2,110,000 after buying an additional 3,820 shares in the last quarter. Strs Ohio purchased a new position in shares of Silicon Laboratories during the 1st quarter worth approximately $720,000. Russell Investments Group Ltd. lifted its holdings in shares of Silicon Laboratories by 98.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 73,729 shares of the semiconductor company’s stock valued at $10,865,000 after buying an additional 36,608 shares during the period. Finally, Lisanti Capital Growth LLC purchased a new stake in shares of Silicon Laboratories in the second quarter valued at approximately $4,192,000.

Silicon Laboratories Company Profile

(Get Free Report)

Silicon Laboratories (NASDAQ:SLAB) is a global semiconductor company that develops high-performance analog and mixed-signal integrated circuits, wireless system-on-chips (SoCs), microcontrollers, and radio frequency (RF) solutions. Its product portfolio is tailored to support the Internet of Things (IoT), infrastructure, industrial automation, consumer electronics, automotive, and energy markets. By combining silicon, software, and tools, Silicon Labs aims to accelerate development cycles and deliver low-power, highly integrated solutions that address demanding application requirements.

Founded in 1996 and headquartered in Austin, Texas, Silicon Labs has grown into a multinational organization with engineering and sales operations across North America, Europe, and Asia.

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