Latest news with #SiliconLaboratories
Yahoo
24-05-2025
- Business
- Yahoo
Benchmark Reiterates Buy Rating on Silicon Laboratories (SLAB) Stock, Keeps PT at $160
On May 21, Benchmark reiterated its Buy rating on Silicon Laboratories Inc. (NASDAQ:SLAB) stock, keeping the price target at $160. Cody Acree from Benchmark Co. kept its rating on SLAB after assessing the company's market position and future growth prospects following Q1 outcomes. The company's revenue of $178 million during Q1 2025 was 7% higher than Q4 2024 and 67% higher year-over-year. A technician looking at a circuit board of analog semiconductor products. Acree pointed out the company's strong foothold in the semiconductor industry, driven by its innovative product offerings and strategic initiatives to expand its market share. The company began the production of its first device in its next-generation Series 3 platform on 22nm process technology. This series will be an upgrade of Series 2 with higher computing power and AI capabilities. The company is also advancing the production of its MG26 family of wireless SoCs, empowering developers to design future-proof Matter applications. The analyst remains optimistic about SLAB as he considers its strong revenue streams to be a key growth factor. Silicon Laboratories' Home and Life business almost doubled year-over-year during Q1, posting revenue of around $82 million. The Industrial and Commercial business also experienced double-digit growth from a year ago, posting $96 million in revenues. Silicon Laboratories Inc. (NASDAQ:SLAB) is a fabless semiconductor company that is engaged in secure, intelligent wireless technology for a connected world. Its integrated hardware and software systems allow customers to build advanced industrial, commercial, home, and life applications. While we acknowledge the potential of SLAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLAB and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-05-2025
- Business
- Yahoo
Silicon Laboratories Launches New Series of SoCs, Backing the Next Wave of IoT Breakthroughs
On May 22, Silicon Laboratories Inc. (NASDAQ:SLAB) announced the launch of its Series 3 portfolio of wireless SoCs. Built on the advanced 22 nm process node, the Series 3 will power breakthroughs in computer power, energy efficiency, integration, and security. The Series 3, which includes SiXG301 and SiXG302 wireless SoC families, will address the growing demand for line-powered and battery-powered IoT devices. A technician installing a complex of microcontrollers and internet of things devices inside a server rack. Silicon Laboratories is using 22 nm process nodes to meet the growing demand for more powerful and far-edge devices across various IoT applications, including smart cities, industrial automation to health, smart homes, and beyond. One key aspect of these new SoCs is that they offer device makers a scalable, secure platform to build the next wave of innovative, high-performance IoT products. "Smart devices are becoming more complex, and designers are challenged to pack greater functionality into smaller spaces while maintaining energy efficiency. With the SiXG301 and upcoming SiXG302 families, we're delivering flexible, highly integrated solutions that enable next-generation IoT devices—whether they're plugged in or running on battery power," During Q1 FY2025, the company posted strong sales driven by double-digit growth in its Industrial & Commercial and Home & Life businesses, respectively. Silicon Laboratories is expanding its market share in the growing semiconductor industry, fueled by its innovative product offerings. The Series 3 portfolio adds advanced computing power and AI capabilities to its products. Being a fabless semiconductor company, Silicon Laboratories Inc. (NASDAQ:SLAB) offers integrated hardware and software systems for customers to create advanced industrial, commercial, home, and life applications. While we acknowledge the potential of SLAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLAB and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Silicon Laboratories Launches New Series of SoCs, Backing the Next Wave of IoT Breakthroughs
On May 22, Silicon Laboratories Inc. (NASDAQ:SLAB) announced the launch of its Series 3 portfolio of wireless SoCs. Built on the advanced 22 nm process node, the Series 3 will power breakthroughs in computer power, energy efficiency, integration, and security. The Series 3, which includes SiXG301 and SiXG302 wireless SoC families, will address the growing demand for line-powered and battery-powered IoT devices. A technician installing a complex of microcontrollers and internet of things devices inside a server rack. Silicon Laboratories is using 22 nm process nodes to meet the growing demand for more powerful and far-edge devices across various IoT applications, including smart cities, industrial automation to health, smart homes, and beyond. One key aspect of these new SoCs is that they offer device makers a scalable, secure platform to build the next wave of innovative, high-performance IoT products. "Smart devices are becoming more complex, and designers are challenged to pack greater functionality into smaller spaces while maintaining energy efficiency. With the SiXG301 and upcoming SiXG302 families, we're delivering flexible, highly integrated solutions that enable next-generation IoT devices—whether they're plugged in or running on battery power," During Q1 FY2025, the company posted strong sales driven by double-digit growth in its Industrial & Commercial and Home & Life businesses, respectively. Silicon Laboratories is expanding its market share in the growing semiconductor industry, fueled by its innovative product offerings. The Series 3 portfolio adds advanced computing power and AI capabilities to its products. Being a fabless semiconductor company, Silicon Laboratories Inc. (NASDAQ:SLAB) offers integrated hardware and software systems for customers to create advanced industrial, commercial, home, and life applications. While we acknowledge the potential of SLAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLAB and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Sign in to access your portfolio
Washington Post
13-05-2025
- Business
- Washington Post
Silicon Labs: Q1 Earnings Snapshot
AUSTIN, Texas — AUSTIN, Texas — Silicon Laboratories Inc. (SLAB) on Tuesday reported a loss of $30.5 million in its first quarter. The Austin, Texas-based company said it had a loss of 94 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 8 cents per share.
Yahoo
10-04-2025
- Business
- Yahoo
The three-year earnings decline has likely contributed toSilicon Laboratories' (NASDAQ:SLAB) shareholders losses of 28% over that period
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. Unfortunately, that's been the case for longer term Silicon Laboratories Inc. (NASDAQ:SLAB) shareholders, since the share price is down 28% in the last three years, falling well short of the market return of around 24%. The more recent news is of little comfort, with the share price down 23% in a year. More recently, the share price has dropped a further 26% in a month. Since Silicon Laboratories has shed US$562m from its value in the past 7 days, let's see if the longer term decline has been driven by the business' economics. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Silicon Laboratories isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally hope to see good revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. In the last three years Silicon Laboratories saw its revenue shrink by 14% per year. That's not what investors generally want to see. The annual decline of 9% per year in that period has clearly disappointed holders. And with no profits, and weak revenue, are you surprised? However, in this kind of situation you can sometimes find opportunity, where sentiment is negative but the company is actually making good progress. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). This free interactive report on Silicon Laboratories' balance sheet strength is a great place to start, if you want to investigate the stock further. Investors in Silicon Laboratories had a tough year, with a total loss of 23%, against a market gain of about 6.2%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 3% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. You could get a better understanding of Silicon Laboratories' growth by checking out this more detailed historical graph of earnings, revenue and cash flow. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
