Silicon Laboratories Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)

Across the recent three months, 6 analysts have shared their insights on Silicon Laboratories SLAB, expressing a variety of opinions spanning from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $132.67, along with a high estimate of $170.00 and a low estimate of $86.00. Highlighting a 13.4% decrease, the current average has fallen from the previous average price target of $153.20.

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Silicon Laboratories. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Silicon Laboratories. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Silicon Laboratories compared to the broader market.
• Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Silicon Laboratories's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Silicon Laboratories's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Silicon Laboratories analyst ratings.

Delving into Silicon Laboratories's Background

Silicon Laboratories Inc develops semiconductors, software, and system solutions for the "Internet of Things," Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, mixed-signal analog intensive products, consisting of diverse product areas, which the company groups into four categories: Internet of Things, broadcast, infrastructure and access. The Internet of Things category is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, China, Taiwan, and the Rest of world.

Financial Milestones: Silicon Laboratories's Journey

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Decline in Revenue: Over the 3 months period, Silicon Laboratories faced challenges, resulting in a decline of approximately -24.48% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Silicon Laboratories's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.08% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Silicon Laboratories's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.82% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.69%, the company showcases effective utilization of assets.

Debt Management: With a below-average debt-to-equity ratio of 0.04, Silicon Laboratories adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Basics of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.