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Benchmark Co. Sticks to Their Buy Rating for Silicon Laboratories (SLAB)

Tipranks - Tipranks - Wed May 14, 2025

In a report released today, Cody Acree from Benchmark Co. reiterated a Buy rating on Silicon Laboratories (SLAB – Research Report), with a price target of $160.00. The company’s shares opened today at $130.00.

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Acree covers the Technology sector, focusing on stocks such as Tower, indie Semiconductor, and Advanced Micro Devices. According to TipRanks, Acree has an average return of 18.2% and a 59.23% success rate on recommended stocks.

Silicon Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $130.14, representing a 0.11% upside. In a report released today, Needham also maintained a Buy rating on the stock with a $150.00 price target.

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Based on Silicon Laboratories’ latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $166.25 million and a GAAP net loss of $23.82 million. In comparison, last year the company earned a revenue of $86.85 million and had a GAAP net loss of $69.79 million

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