Fintel reports that on February 5, 2025, Benchmark upgraded their outlook for Silicon Laboratories (NasdaqGS:SLAB) from Hold to Buy.
Analyst Price Forecast Suggests 4.89% Downside
As of January 28, 2025, the average one-year price target for Silicon Laboratories is $129.92/share. The forecasts range from a low of $92.92 to a high of $168.00. The average price target represents a decrease of 4.89% from its latest reported closing price of $136.60 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Silicon Laboratories is 1,299MM, an increase of 157.24%. The projected annual non-GAAP EPS is 5.76.
What is the Fund Sentiment?
There are 693 funds or institutions reporting positions in Silicon Laboratories. This is an decrease of 30 owner(s) or 4.15% in the last quarter. Average portfolio weight of all funds dedicated to SLAB is 0.16%, an increase of 11.37%. Total shares owned by institutions increased in the last three months by 5.55% to 41,214K shares. 
The put/call ratio of SLAB is 0.85, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital Research Global Investors holds 1,729K shares representing 5.33% ownership of the company. In its prior filing, the firm reported owning 1,307K shares , representing an increase of 24.41%. The firm increased its portfolio allocation in SLAB by 30.90% over the last quarter.
FDGRX - Fidelity Growth Company Fund holds 1,571K shares representing 4.84% ownership of the company. In its prior filing, the firm reported owning 1,570K shares , representing an increase of 0.06%. The firm decreased its portfolio allocation in SLAB by 12.22% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 1,520K shares representing 4.68% ownership of the company. In its prior filing, the firm reported owning 1,145K shares , representing an increase of 24.66%. The firm increased its portfolio allocation in SLAB by 30.04% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,026K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 958K shares , representing an increase of 6.54%. The firm increased its portfolio allocation in SLAB by 4.99% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 1,009K shares representing 3.11% ownership of the company. In its prior filing, the firm reported owning 993K shares , representing an increase of 1.62%. The firm decreased its portfolio allocation in SLAB by 3.02% over the last quarter.
Silicon Laboratories Background Information
(This description is provided by the company.)
Silicon Labs is a leading provider of silicon, software and solutions for a smarter, more connected world. Its award-winning technologies are shaping the future of the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets. Its world-class engineering team creates products focused on performance, energy savings, connectivity and simplicity.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
