Silicon Laboratories (NASDAQ:SLAB) Given Sell (D-) Rating at Weiss Ratings

Key Points

• Silicon Laboratories has been given a "sell (D-)" rating by Weiss Ratings, indicating concerns about the stock's performance.
• Despite this, other analysts have increased their price targets for the stock, with Stifel Nicolaus raising it from $144 to $160, and KeyCorp from $160 to $180, suggesting mixed sentiment among analysts.
• Silicon Laboratories reported a 32.6% year-over-year revenue growth with earnings per share of $0.11, surpassing estimates, although it still experienced a negative return on equity of 7.21%.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report)'s stock had its "sell (d-)" rating restated by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Other analysts also recently issued reports about the company. Stifel Nicolaus upped their price objective on Silicon Laboratories from $144.00 to $160.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. KeyCorp upped their price objective on Silicon Laboratories from $160.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Barclays upped their target price on Silicon Laboratories from $100.00 to $130.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. Susquehanna upped their target price on Silicon Laboratories from $110.00 to $150.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Finally, Morgan Stanley lowered their target price on Silicon Laboratories from $157.00 to $144.00 and set an "equal weight" rating for the company in a report on Wednesday, August 6th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $151.13.

Silicon Laboratories Stock Up 2.4%

Shares of SLAB stock opened at $134.91 on Wednesday. Silicon Laboratories has a twelve month low of $82.82 and a twelve month high of $160.00. The company has a market cap of $4.43 billion, a P/E ratio of -41.90 and a beta of 1.51. The business has a fifty day simple moving average of $133.36 and a 200 day simple moving average of $126.83.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. Silicon Laboratories had a negative return on equity of 7.21% and a negative net margin of 14.88%.The business had revenue of $192.85 million during the quarter, compared to the consensus estimate of $192.57 million. During the same period in the prior year, the company earned ($0.56) EPS. Silicon Laboratories's revenue for the quarter was up 32.6% on a year-over-year basis. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. As a group, equities research analysts anticipate that Silicon Laboratories will post -0.97 earnings per share for the current fiscal year.

Insider Buying and Selling at Silicon Laboratories

In other news, SVP Brandon Tolany sold 1,800 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $133.57, for a total value of $240,426.00. Following the completion of the sale, the senior vice president owned 62,328 shares of the company's stock, valued at approximately $8,325,150.96. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold a total of 12,070 shares of company stock valued at $1,703,472 over the last ninety days. Corporate insiders own 1.60% of the company's stock.

Institutional Investors Weigh In On Silicon Laboratories

Several institutional investors and hedge funds have recently made changes to their positions in SLAB. Quarry LP acquired a new stake in shares of Silicon Laboratories in the first quarter valued at about $25,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Silicon Laboratories in the first quarter valued at about $34,000. UMB Bank n.a. increased its stake in shares of Silicon Laboratories by 111.3% in the first quarter. UMB Bank n.a. now owns 336 shares of the semiconductor company's stock valued at $38,000 after buying an additional 177 shares during the period. Larson Financial Group LLC acquired a new stake in shares of Silicon Laboratories in the first quarter valued at about $55,000. Finally, Jones Financial Companies Lllp grew its stake in Silicon Laboratories by 121.4% during the first quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company's stock worth $56,000 after purchasing an additional 272 shares during the period.

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.

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