What is KeyCorp’s Forecast for SLAB Q1 Earnings?

Silicon Laboratories, Inc. (NASDAQ:SLAB) – Investment analysts at KeyCorp issued their Q1 2027 earnings per share (EPS) estimates for shares of Silicon Laboratories in a note issued to investors on Wednesday, February 4th. KeyCorp analyst J. Vinh expects that the semiconductor company will earn $0.37 per share for the quarter. KeyCorp has a “Hold” rating on the stock. The consensus estimate for Silicon Laboratories’ current full-year earnings is ($0.97) per share. KeyCorp also issued estimates for Silicon Laboratories’ Q2 2027 earnings at $0.59 EPS, Q3 2027 earnings at $0.86 EPS, Q4 2027 earnings at $0.78 EPS and FY2027 earnings at $2.60 EPS.

Silicon Laboratories (NASDAQ:SLAB) last announced its earnings results on Wednesday, February 4th. The semiconductor company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.02. Silicon Laboratories had a negative return on equity of 4.09% and a negative net margin of 8.27%.The firm had revenue of $208.21 million for the quarter, compared to the consensus estimate of $207.63 million. During the same quarter in the previous year, the business earned ($0.11) EPS. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis.

Several other equities analysts have also recently commented on the stock. Royal Bank Of Canada raised their target price on shares of Silicon Laboratories from $160.00 to $205.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Silicon Laboratories in a report on Monday, December 29th. Benchmark lowered shares of Silicon Laboratories from a “buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Citigroup boosted their target price on Silicon Laboratories from $135.00 to $231.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Needham & Company LLC lowered Silicon Laboratories from a “buy” rating to a “hold” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Silicon Laboratories presently has an average rating of “Hold” and an average target price of $167.78.

Silicon Laboratories Stock Up 0.5%

Shares of NASDAQ SLAB opened at $206.42 on Monday. The stock has a market cap of $6.78 billion, a P/E ratio of -103.73 and a beta of 1.56. The firm’s 50-day simple moving average is $147.18 and its 200 day simple moving average is $136.93. Silicon Laboratories has a fifty-two week low of $82.82 and a fifty-two week high of $208.84.

Insider Buying and Selling

In other news, SVP Brandon Tolany sold 1,954 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $141.49, for a total transaction of $276,471.46. Following the completion of the sale, the senior vice president directly owned 62,381 shares of the company’s stock, valued at $8,826,287.69. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Nina Richardson sold 1,355 shares of the business’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $149.00, for a total value of $201,895.00. Following the sale, the director directly owned 8,543 shares in the company, valued at $1,272,907. This trade represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,555 shares of company stock valued at $1,073,528 over the last 90 days. 1.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Silicon Laboratories

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in Silicon Laboratories by 25.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 592,236 shares of the semiconductor company’s stock worth $77,405,000 after buying an additional 119,138 shares during the period. One Capital Management LLC boosted its holdings in shares of Silicon Laboratories by 43.1% in the fourth quarter. One Capital Management LLC now owns 11,878 shares of the semiconductor company’s stock worth $1,552,000 after buying an additional 3,580 shares during the period. Norges Bank purchased a new position in shares of Silicon Laboratories in the fourth quarter worth approximately $56,008,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Silicon Laboratories during the fourth quarter valued at approximately $110,000. Finally, Future Fund LLC raised its holdings in shares of Silicon Laboratories by 43.1% during the fourth quarter. Future Fund LLC now owns 11,878 shares of the semiconductor company’s stock valued at $1,552,000 after acquiring an additional 3,580 shares during the period.

About Silicon Laboratories

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.