Alert: Negative Investment/Fundamental Signals (5/2/24)-Silicon Laboratories Inc (NASDAQ: SLAB)

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Silicon Laboratories Inc (NASDAQ: SLAB). Important negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Silicon Laboratories Inc (NASDAQ: SLAB). Significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SLAB is expected to continue to be a Value Builder.

Silicon Laboratories has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Silicon Laboratories has a neutral Power Rating of 46 but a very low Appreciation Score of 14, with the Lowest Value Trend Rating the result.

Recent Price Action

On 5/2/24, Silicon Laboratories Inc (NASDAQ: SLAB) stock increased 1.9%, closing at $121.02. However, below average trading volume at 70% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 5.9% during the last week.

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