Silicon Labs Accelerates Revenue Growth in First Quarter 2022
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April 28, 2022 6:44 AM EDT
Needham & Company analyst Rajvindra Gill raised the price target on Silicon Labs (NASDAQ: SLAB) to $240.00 (from $230.00) while maintaining a Buy rating following earnings.
The analyst commented, "We are increasing our price target to $240 (vs. $230) following another significant beat and raise... More
April 27, 2022 1:18 PM EDT
Stifel analyst Tore Svanberg raised the price target on Silicon Labs (NASDAQ: SLAB) to $210.00 (from $200.00) while maintaining a Buy rating following earnings.
The analyst commented, "With demand still>> supply (despite pockets of pushouts in China), robust Jun Q outlook underpinned by: (1) ability... More
April 27, 2022 7:10 AM EDT
Silicon Labs (NASDAQ: SLAB) reported Q1 EPS of $1.05, $0.41 better than the analyst estimate of $0.64. Revenue for the quarter came in at $234 million versus the consensus estimate of $226.26 million.
GUIDANCE:
Silicon Labs sees Q2 2022 EPS of $0.85-$0.95, versus the consensus of... More
