Silicon Laboratories (SLAB)
Market Price (6/22/2026): $219.65 | Market Cap: $7.2 BilSector: Information Technology | Industry: Semiconductors
Silicon Laboratories (SLAB)
Market Price (6/22/2026): $219.65Market Cap: $7.2 BilSector: Information TechnologyIndustry: Semiconductors
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Artificial Intelligence, Smart Buildings & Proptech, and Digital Health & Telemedicine. Themes include Edge AI, Show more. | Trading close to highsDist 52W High is -0.3%, Dist 3Y High is -0.3% Weak multi-year price returns3Y Excs Rtn is -36% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -56 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.8% Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 138x Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.6% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 61% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.0% Key risksSLAB key risks include [1] a heavy dependence on third-party manufacturing, Show more. |
| Megatrend and thematic driversMegatrends include Artificial Intelligence, Smart Buildings & Proptech, and Digital Health & Telemedicine. Themes include Edge AI, Show more. |
| Trading close to highsDist 52W High is -0.3%, Dist 3Y High is -0.3% |
| Weak multi-year price returns3Y Excs Rtn is -36% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -56 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.8% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 138x |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.6% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 61% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.0% |
| Key risksSLAB key risks include [1] a heavy dependence on third-party manufacturing, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Silicon Laboratories (SLAB) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Continued positive sentiment from the pending acquisition by Texas Instruments.
Silicon Laboratories' stock movement since late February 2026 was significantly influenced by the pending acquisition by Texas Instruments for $231 per share in cash, announced on February 4, 2026. This acquisition, expected to close in the first half of 2027, provided a strong valuation floor and upside potential, causing the stock to trade around the $219 area by June 1, 2026, nearing its 52-week high of $219.20.
2. Stronger-than-expected Q1 2026 earnings report.
The company reported its Q1 2026 earnings on May 5, 2026, with an Earnings Per Share (EPS) of $0.53, surpassing the consensus estimate of $0.49 by $0.04, or approximately 8.16%. While revenue of $213.5 million slightly missed analyst estimates of $214.02 million, it still represented a healthy 20.1% year-over-year increase. The positive EPS surprise contributed to sustained investor confidence, with shares reaching a new 52-week high near $218 following the announcement.
Show more
Silicon Laboratories (SLAB) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Continued positive sentiment from the pending acquisition by Texas Instruments.
Silicon Laboratories' stock movement since late February 2026 was significantly influenced by the pending acquisition by Texas Instruments for $231 per share in cash, announced on February 4, 2026. This acquisition, expected to close in the first half of 2027, provided a strong valuation floor and upside potential, causing the stock to trade around the $219 area by June 1, 2026, nearing its 52-week high of $219.20.
2. Stronger-than-expected Q1 2026 earnings report.
The company reported its Q1 2026 earnings on May 5, 2026, with an Earnings Per Share (EPS) of $0.53, surpassing the consensus estimate of $0.49 by $0.04, or approximately 8.16%. While revenue of $213.5 million slightly missed analyst estimates of $214.02 million, it still represented a healthy 20.1% year-over-year increase. The positive EPS surprise contributed to sustained investor confidence, with shares reaching a new 52-week high near $218 following the announcement.
3. Increased institutional investor interest.
Institutional investors demonstrated increased buying activity in Silicon Laboratories during the first quarter of 2026. Notably, Millennium Management added approximately 96,404 shares, and AQR Capital Management boosted its stake by 43.7%. Furthermore, HSBC Holdings PLC made a substantial increase to its portfolio in Q1 2026, adding 202,513 shares, an increase of 1752.1%, valued at an estimated $42,153,080. This significant institutional accumulation reflects a positive outlook on the company's value, likely driven by the impending acquisition.
Show less
Stock Movement Drivers
Fundamental Drivers
The 7.4% change in SLAB stock from 2/28/2026 to 6/21/2026 was primarily driven by a 4.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 204.53 | 219.75 | 7.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 785 | 821 | 4.6% |
| P/S Multiple | 8.6 | 8.8 | 2.9% |
| Shares Outstanding (Mil) | 33 | 33 | -0.1% |
| Cumulative Contribution | 7.4% |
Market Drivers
2/28/2026 to 6/21/2026| Return | Correlation | |
|---|---|---|
| SLAB | 7.4% | |
| Market (SPY) | 9.2% | 43.5% |
| Sector (XLK) | 38.1% | 41.3% |
Fundamental Drivers
The 72.2% change in SLAB stock from 11/30/2025 to 6/21/2026 was primarily driven by a 56.5% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 127.58 | 219.75 | 72.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 743 | 821 | 10.5% |
| P/S Multiple | 5.6 | 8.8 | 56.5% |
| Shares Outstanding (Mil) | 33 | 33 | -0.4% |
| Cumulative Contribution | 72.2% |
Market Drivers
11/30/2025 to 6/21/2026| Return | Correlation | |
|---|---|---|
| SLAB | 72.2% | |
| Market (SPY) | 9.9% | 3.8% |
| Sector (XLK) | 34.1% | -6.2% |
Fundamental Drivers
The 82.3% change in SLAB stock from 5/31/2025 to 6/21/2026 was primarily driven by a 47.9% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 120.53 | 219.75 | 82.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 656 | 821 | 25.1% |
| P/S Multiple | 6.0 | 8.8 | 47.9% |
| Shares Outstanding (Mil) | 32 | 33 | -1.5% |
| Cumulative Contribution | 82.3% |
Market Drivers
5/31/2025 to 6/21/2026| Return | Correlation | |
|---|---|---|
| SLAB | 82.3% | |
| Market (SPY) | 28.1% | 20.6% |
| Sector (XLK) | 66.8% | 9.5% |
Fundamental Drivers
The 56.2% change in SLAB stock from 5/31/2023 to 6/21/2026 was primarily driven by a 103.6% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6212026 | Change |
|---|---|---|---|
| Stock Price ($) | 140.67 | 219.75 | 56.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,037 | 821 | -20.9% |
| P/S Multiple | 4.3 | 8.8 | 103.6% |
| Shares Outstanding (Mil) | 32 | 33 | -3.0% |
| Cumulative Contribution | 56.2% |
Market Drivers
5/31/2023 to 6/21/2026| Return | Correlation | |
|---|---|---|
| SLAB | 56.2% | |
| Market (SPY) | 85.7% | 49.4% |
| Sector (XLK) | 137.9% | 44.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SLAB Return | 62% | -34% | -3% | -6% | 5% | 67% | 72% |
| Peers Return | 62% | -26% | 26% | -11% | 9% | 60% | 134% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 98% |
Monthly Win Rates [3] | |||||||
| SLAB Win Rate | 58% | 25% | 50% | 50% | 50% | 83% | |
| Peers Win Rate | 63% | 35% | 57% | 32% | 47% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SLAB Max Drawdown | -25% | -45% | -55% | -38% | -46% | -11% | |
| Peers Max Drawdown | -16% | -38% | -28% | -29% | -39% | -23% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MCHP, NXPI, TXN, SYNA, ADI. See SLAB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)
How Low Can It Go
| Event | SLAB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.8% | -18.8% |
| % Gain to Breakeven | 81.0% | 23.1% |
| Time to Breakeven | 302 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -19.8% | -7.8% |
| % Gain to Breakeven | 24.7% | 8.5% |
| Time to Breakeven | 16 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -45.1% | -9.5% |
| % Gain to Breakeven | 82.1% | 10.5% |
| Time to Breakeven | 826 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -29.1% | -6.7% |
| % Gain to Breakeven | 41.0% | 7.1% |
| Time to Breakeven | 999 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -44.8% | -24.5% |
| % Gain to Breakeven | 81.2% | 32.4% |
| Time to Breakeven | 1197 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.8% | -33.7% |
| % Gain to Breakeven | 53.3% | 50.9% |
| Time to Breakeven | 168 days | 140 days |
In The Past
Silicon Laboratories's stock fell -44.8% during the 2025 US Tariff Shock. Such a loss loss requires a 81.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | SLAB | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.8% | -18.8% |
| % Gain to Breakeven | 81.0% | 23.1% |
| Time to Breakeven | 302 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -45.1% | -9.5% |
| % Gain to Breakeven | 82.1% | 10.5% |
| Time to Breakeven | 826 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -29.1% | -6.7% |
| % Gain to Breakeven | 41.0% | 7.1% |
| Time to Breakeven | 999 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -44.8% | -24.5% |
| % Gain to Breakeven | 81.2% | 32.4% |
| Time to Breakeven | 1197 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.8% | -33.7% |
| % Gain to Breakeven | 53.3% | 50.9% |
| Time to Breakeven | 168 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -25.2% | -17.9% |
| % Gain to Breakeven | 33.7% | 21.8% |
| Time to Breakeven | 80 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -21.6% | -15.4% |
| % Gain to Breakeven | 27.6% | 18.2% |
| Time to Breakeven | 1307 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -53.0% | -53.4% |
| % Gain to Breakeven | 112.8% | 114.4% |
| Time to Breakeven | 187 days | 1085 days |
In The Past
Silicon Laboratories's stock fell -44.8% during the 2025 US Tariff Shock. Such a loss loss requires a 81.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Silicon Laboratories (SLAB)
Silicon Laboratories Inc. (SLAB) is a fabless semiconductor company specializing in the design and sale of mixed-signal integrated circuits (ICs). As a fabless company, SLAB focuses on research, development, and marketing of its chips, outsourcing the manufacturing process to third-party foundries. Its core expertise lies in developing ICs that combine both analog and digital functionalities, essential for a wide array of modern electronic systems that require both types of signal processing.
The company's extensive product portfolio includes microcontrollers (MCUs) and wireless connectivity solutions, which are fundamental components for embedded systems, particularly within the Internet of Things (IoT). SLAB also provides various sensor products, such as optical, humidity/temperature, and magnetic sensors, alongside timing devices, and multi-channel isolators designed for robustness and safety. Additionally, they offer broadcast products for radio and television reception, as well as specialized integrated circuits for Voice over IP (VoIP) applications and Power over Ethernet (PoE).
Silicon Laboratories primarily targets dynamic and growing markets, with a strong focus on the Internet of Things (IoT), where its wireless MCUs and sensor technologies enable connected devices. The company's products are also integral to Internet infrastructure, industrial automation systems, consumer electronics, and the automotive sector, addressing the increasing demand for sophisticated electronic components across these industries.
AI Analysis | Feedback
1. SLAB is like a specialized Texas Instruments or NXP Semiconductors, providing the microcontrollers, wireless connectivity, and sensors for the Internet of Things (IoT).
2. SLAB is like Qualcomm for IoT devices, designing the wireless chips that enable smart home gadgets, industrial sensors, and other connected things to communicate.
AI Analysis | Feedback
- Microcontrollers (MCUs): These include 8-bit mixed-signal and ultra-low-power 32-bit microcontrollers.
- Wireless Products: This category offers wireless MCU connectivity solutions, and single and multi-protocol System-on-Chip (SoC) devices and modules.
- Protocol Stacks: These are in-house developed software stacks for wireless communication.
- Micrium RTOS: A real-time operating system designed to simplify software development for IoT applications.
- Sensor Products: These comprise optical, relative humidity/temperature, and Hall effect magnetic sensors.
- Timing Devices: Products engineered for precise timing applications.
- Isolation Products: This includes multi-channel isolators, isolated drivers, and isolated power converters.
- Broadcast & Radio ICs: This category offers single-chip hybrid TV tuners, digital video demodulators, and various AM/FM, HD radio, and digital radio receivers and coprocessors.
- ProSLIC: These are subscriber line interface circuits specifically for Voice over IP (VoIP) applications.
- ISOmodem: These are embedded modem solutions.
- Power over Ethernet (PoE) ICs: These are integrated circuits for Power over Ethernet power source equipment and powered devices.
AI Analysis | Feedback
Silicon Laboratories (SLAB) is a fabless semiconductor company that sells mixed-signal integrated circuits (ICs) and other related products primarily to other companies, rather than directly to individuals. The provided background information does not list the names of specific customer companies.
However, the company states that it primarily markets its products to companies operating within the following major categories/markets:
- Companies in the Internet of Things (IoT) market
- Companies in the Internet infrastructure market
- Companies in the Industrial automation market
- Companies in the Consumer market (e.g., consumer electronics manufacturers)
- Companies in the Automotive market
AI Analysis | Feedback
- Taiwan Semiconductor Manufacturing Company Limited (TSM)
- GlobalFoundries Inc. (GFS)
AI Analysis | Feedback
Matt Johnson, President and Chief Executive Officer
Matt Johnson became the President and CEO of Silicon Labs in January 2022, after serving as President since April 2021, and as Senior Vice President and General Manager of IoT Products since 2018. Before joining Silicon Labs, Johnson held leadership positions at NXP Semiconductors, Freescale Semiconductor, and Fairchild Semiconductor.
Dean Butler, Senior Vice President and Chief Financial Officer
Dean Butler joined Silicon Labs as Senior Vice President and Chief Financial Officer in May 2024. Prior to this role, he served as Senior Vice President and CFO at Synaptics since October 2019. Butler's career also includes financial leadership positions at Marvell Technology, Broadcom, and Maxim Integrated. He possesses expertise in capital markets, having completed over $10 billion in M&A transactions.
Daniel Cooley, Senior Vice President, Technology & Product Development and Chief Technology Officer
Daniel Cooley serves as Senior Vice President for Technology and Product Development and Chief Technology Officer, responsible for the company's overall research and development strategy and execution. He joined Silicon Labs in 2005 as a chip design engineer. Throughout his tenure, he has held various engineering and business leadership roles, including Senior Vice President and Chief Strategy Officer, overseeing corporate development, M&A, emerging markets, and security. Cooley also previously led Silicon Labs' IoT business as Senior Vice President and General Manager.
Robert Conrad, Senior Vice President and General Manager, Business Units
Robert Conrad previously served as Senior Vice President of Worldwide Operations and was a member of Silicon Labs' Board of Directors. He brings over 40 years of experience in the semiconductor industry, with past leadership roles at companies such as Texas Instruments, Analog Devices, Trevia Networks, Fairchild Semiconductor, Freescale, and NXP Semiconductors.
Benny Chang, Chief of Staff and Senior Vice President of Platform and Products
Benny Chang is the Chief of Staff and Senior Vice President of Platform and Products at Silicon Labs, responsible for the company's overall platform strategy and product roadmaps. He has more than 30 years of experience in the semiconductor industry, having led product development, product and test engineering, manufacturing, and operations.
AI Analysis | Feedback
Key Risks to Silicon Laboratories (SLAB)
- Intense Industry Competition: Silicon Laboratories operates in a highly competitive semiconductor market, facing established players such as Texas Instruments and Qualcomm. This intense competition necessitates continuous innovation and differentiation to maintain market share and can lead to aggressive pricing strategies that may pressure SLAB's margins and revenue. The threat of new entrants and existing customers developing in-house solutions further adds to the competitive landscape.
- Global Supply Chain Vulnerabilities and Geopolitical Risks: The company's reliance on third-party manufacturers, notably TSMC and SMIC, and its significant international operations, particularly in the Asia-Pacific region, expose it to global supply chain disruptions. These vulnerabilities include risks stemming from geopolitical tensions, trade disputes, and pandemics, which can severely impact SLAB's ability to manufacture and deliver products on time. The absence of long-term supply contracts with some vendors could also lead to capacity constraints and an inability to meet customer demand.
- Cyclical Nature of the Semiconductor Industry and Operating Losses: Silicon Laboratories' business is susceptible to the inherent cyclicality of the semiconductor industry, characterized by periods of high demand followed by oversupply and price erosion. These market fluctuations can lead to significant variations in the company's financial performance. Despite experiencing revenue growth, SLAB has reported operating losses, indicating challenges in balancing growth with profitability, as operating expenses have at times outpaced revenue growth. Forecasts suggest the company may continue to be unprofitable in the near term.
AI Analysis | Feedback
AI Analysis | Feedback
Silicon Laboratories (SLAB) operates in several addressable markets for its semiconductor products, with reported market sizes for many of its main offerings.
Microcontrollers and Wireless Products
- The global Wireless System-on-Chip (SoC) for IoT devices market was valued at approximately USD 21.1 billion in 2024 and is projected to reach USD 50.26 billion by 2033, growing at a CAGR of 13.2% during the forecast period. Another report estimates the global wireless System-on-Chip (SoC) market size to be USD 8.5 billion in 2023, projected to reach USD 23.6 billion by 2032 with a CAGR of 12.1%. The global market for Wireless IoT Chips was valued at an estimated USD 11.05 billion in 2024 and is projected to reach USD 26.32 billion by 2031 with a CAGR of 13.2%. The IoT SoC market is estimated to reach USD 41 billion by 2031, growing at a CAGR of 8.5% from 2024-2031.
Sensor Products
- The global optical sensors market size was valued at USD 23.01 billion in 2023 and is expected to reach USD 59.11 billion by 2032, growing at a CAGR of 11.1% from 2024-2032. Other estimates for the global optical sensors market include USD 23.8 billion in 2025, projected to grow from USD 26.42 billion in 2026 to USD 61.9 billion by 2034 with a CAGR of 11.20%, and USD 26.6 billion in 2025, growing at a CAGR of 10.4% through 2035 to USD 71.7 billion. The U.S. optical sensors market was valued at USD 6.2 billion in 2025.
- The global Hall Effect Sensor ICs market size was valued at USD 1.664 billion in 2024 and is projected to grow to USD 2.226 billion by 2032, exhibiting a CAGR of 3.9%. The Hall Effect Sensors market was valued at USD 2.3 billion in 2023 and is estimated to register a CAGR of over 13.5% between 2024 and 2032. The global Magnetic Hall Sensor market size reached USD 3.12 billion in 2024 and is expected to expand at a CAGR of 7.6% from 2025 to 2033, projecting a value of approximately USD 6.07 billion by 2033. North America and Europe held market sizes of USD 0.82 billion and USD 0.61 billion, respectively, in 2024 for Magnetic Hall Sensors. The global magnetic sensor market size was estimated at USD 3.03 billion in 2024 and is projected to reach USD 4.39 billion by 2030, growing at a CAGR of 6.4% from 2025 to 2030.
Timing Devices
- The global timing devices market size was estimated at USD 5.85 billion in 2023 and is projected to reach USD 9.68 billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030. Another report states the global timing devices market size was valued at USD 6.40 billion in 2024 and is expected to reach USD 12.66 billion by 2032, at a CAGR of 8.90% during the forecast period. North America's timing devices market represented a significant share of over 42% in 2023.
Multi-channel Isolators, Isolated Drivers, Isolated Power Converters, and Mixed-Signal Devices
- The Isolated DC-DC Converter Market size was valued at USD 11.89 billion in 2024 and is projected to reach USD 30.08 billion by 2032, growing at a CAGR of 12.30% from 2026 to 2032. The Isolated DC-DC Converter Power Module market size was valued at USD 8.01 billion in 2025 and is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 8.27%. The Isolated Power market size is estimated at USD 480.75 million in 2024 and is projected to reach USD 820.92 million by 2032, growing at a CAGR of 6.5% from 2025 to 2032. North America is expected to be the fastest-growing region in the isolated power market, capturing a market share of 36.8%.
Broadcast Products
- The global stand-alone radio receivers market size was valued at USD 309.9 million in 2024 and is projected to reach USD 389 million by 2034, growing at a CAGR of 2.30% from 2025 to 2034. In 2024, the market for stand-alone radio receivers in the United States was estimated to be worth USD 168.4 million. North America held a dominant position in the market in 2024, with a market share of over 58%, generating approximately USD 179 million in revenue.
- The AM/FM Radios segment held a dominant market position in 2024, capturing more than a 47% share of the stand-alone radio receivers market. The global AM and FM radio market size is forecasted to reach USD 4.19 billion by 2035 from USD 3.22 billion in 2026, growing at a CAGR of 2.68% during the forecast from 2026 to 2035.
- DAB/DAB+ device sales are nearing 150 million worldwide in 11 core markets as of February 2025. Almost all new cars across Europe come equipped with DAB+. The global DAB Receiver market size was recorded at USD 2061.11 million in 2021 and is expected to reach USD 4134.69 million by 2033, growing at a CAGR of 5.973% from 2025 to 2033. Europe remains the undisputed leader, accounting for over 55% of global DAB receiver revenues in 2024.
- HD Radio holds 55% of the U.S. digital radio market, and over 65% of U.S. vehicles manufactured since 2022 come equipped with HD Radio receivers. In 2023, over 50% of new cars sold in Canada included HD Radio.
Power over Ethernet ICs
- The Power over Ethernet (PoE) Chipset Market size was valued at USD 690.15 million in 2025 and is estimated to grow from USD 756.21 million in 2026 to reach USD 983.70 million by 2030, at a CAGR of 7.35%. The global Power over Ethernet Chipsets Market size is expected to reach USD 1.63 billion by 2031, rising at a market growth of 12.0% CAGR during the forecast period. North America accounted for 38% revenue share in the market in 2023. The global Power over Ethernet market size was valued at USD 1.27 billion in 2023 and is projected to grow at a CAGR of 21.8% from 2024 to 2030.
AI Analysis | Feedback
Silicon Laboratories (SLAB) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market trends, primarily centered around its focus on the Internet of Things (IoT) market.
- Aggressive Expansion within the Internet of Things (IoT) Market: Silicon Labs has strategically pivoted to focus on the IoT market, and its growth strategy is centered on aggressive expansion within this sector. This involves a strong emphasis on wireless and sensing solutions, microcontrollers, and development platforms to support connected devices across various industries.
- Securing New Design Wins: A significant driver of future revenue growth is the company's success in securing new design wins. Silicon Labs has projected an estimated cumulative lifetime value of awards at $10 billion for the 2022-2024 period, indicating a robust pipeline of future business opportunities.
- Innovation in Secure, Energy-Efficient IoT Solutions and New Product Ramps: Silicon Labs is committed to ongoing research and development (R&D) to deliver secure and energy-efficient IoT solutions. The introduction and adoption of new products, such as its Series 3 platform, are expected to accelerate growth, particularly in areas like Wi-Fi revenue.
- Targeted Growth in High-Potential IoT Segments: The company is strategically expanding its presence in specific high-growth areas within the IoT market. These include industrial automation (such as smart metering, energy infrastructure, and industrial controls), smart home applications, connected health (like continuous glucose monitoring), and electronic shelf labels.
- Market Share Gains in Core Wireless Technologies: Silicon Labs is demonstrating strong performance and gaining market share in critical wireless connectivity technologies, particularly Bluetooth and Wi-Fi. This increased penetration and adoption of their wireless solutions are expected to contribute significantly to revenue growth.
AI Analysis | Feedback
Share Repurchases
- In February 2024, Silicon Labs initiated a new $100 million share repurchase program, valid until December 2024.
- As of December 31, 2022, $546 million remained available under a broader share repurchase plan that included a $1.0 billion authorization in July 2021.
- The company completed a $300.0 million Accelerated Share Repurchase (ASR) in 2022, which resulted in the repurchase of 1.3 million shares.
Share Issuance
- Silicon Labs' shares outstanding saw a 1.65% increase in 2025 to 33 million, following a 1.22% increase in 2024 to 32 million shares.
- The number of shares outstanding declined by 11.76% in 2023 and 16.48% in 2022, reaching 32 million and 32.54 million shares, respectively.
- Shares outstanding declined by 11.23% in 2021 to 38.96 million shares.
Outbound Investments
- Silicon Labs' most recent acquisition was Skyworks Solutions in August 2021, for an undisclosed amount.
- From 2020 to 2025, the company's average acquisition activity was limited to 0.2 acquisitions per year.
Capital Expenditures
- For the fiscal year ending December 31, 2025, Silicon Labs reported capital expenditures of $29.92 million.
- Quarterly capital expenditures were $9.98 million for Q4 2025, $11.75 million for Q4 2024, and $22.28 million for Q4 2023.
- In March 2026, Silicon Labs expanded its Hyderabad facility, indicating continued investment in its global wireless R&D footprint.
Latest Trefis Analyses
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 266.51 |
| Mkt Cap | 66.6 |
| Rev LTM | 8,664 |
| Op Inc LTM | 1,872 |
| FCF LTM | 1,712 |
| FCF 3Y Avg | 1,728 |
| CFO LTM | 2,005 |
| CFO 3Y Avg | 2,338 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.8% |
| Rev Chg 3Y Avg | -2.5% |
| Rev Chg Q | 19.4% |
| QoQ Delta Rev Chg LTM | 4.4% |
| Op Inc Chg LTM | 30.9% |
| Op Inc Chg 3Y Avg | -15.0% |
| Op Mgn LTM | 18.4% |
| Op Mgn 3Y Avg | 22.3% |
| QoQ Delta Op Mgn LTM | 1.8% |
| CFO/Rev LTM | 22.3% |
| CFO/Rev 3Y Avg | 25.2% |
| FCF/Rev LTM | 19.3% |
| FCF/Rev 3Y Avg | 15.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 66.6 |
| P/S | 10.1 |
| P/Op Inc | 34.4 |
| P/EBIT | 32.0 |
| P/E | 42.3 |
| P/CFO | 40.4 |
| Total Yield | 2.4% |
| Dividend Yield | 1.1% |
| FCF Yield 3Y Avg | 2.9% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.7% |
| 3M Rtn | 61.5% |
| 6M Rtn | 61.0% |
| 12M Rtn | 61.5% |
| 3Y Rtn | 69.8% |
| 1M Excs Rtn | 4.6% |
| 3M Excs Rtn | 47.1% |
| 6M Excs Rtn | 50.0% |
| 12M Excs Rtn | 36.1% |
| 3Y Excs Rtn | -6.5% |
Comparison Analyses
Price Behavior
| Market Price | $219.75 | |
| Market Cap ($ Bil) | 7.2 | |
| First Trading Date | 03/24/2000 | |
| Distance from 52W High | -0.3% | |
| 50 Days | 200 Days | |
| DMA Price | $216.63 | $170.79 |
| DMA Trend | up | up |
| Distance from DMA | 1.4% | 28.7% |
| 3M | 1YR | |
| Volatility | 5.7% | 58.6% |
| Downside Capture | 3.37 | 36.19 |
| Upside Capture | 22.88 | 77.78 |
| Correlation (SPY) | 42.2% | 19.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.12 | 0.01 | 0.14 | 0.18 | 1.06 | 1.70 |
| Up Beta | -0.26 | -0.09 | 0.11 | 0.24 | 1.30 | 1.62 |
| Down Beta | 0.07 | 0.30 | 0.14 | 0.82 | 1.44 | 1.70 |
| Up Capture | 14% | 15% | 23% | 69% | 120% | 612% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 11 | 28 | 39 | 68 | 133 | 369 |
| Down Capture | 43% | -25% | 4% | -90% | 69% | 112% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 9 | 13 | 24 | 56 | 116 | 377 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SLAB | |
|---|---|---|---|---|
| SLAB | 69.7% | 57.7% | 1.09 | - |
| Sector ETF (XLK) | 59.9% | 23.1% | 1.96 | 7.5% |
| Equity (SPY) | 26.5% | 12.4% | 1.61 | 18.5% |
| Gold (GLD) | 24.2% | 27.5% | 0.77 | 4.0% |
| Commodities (DBC) | 19.8% | 18.8% | 0.83 | 3.5% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.52 | 22.3% |
| Bitcoin (BTCUSD) | -40.0% | 42.4% | -1.08 | 8.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SLAB | |
|---|---|---|---|---|
| SLAB | 11.6% | 48.6% | 0.38 | - |
| Sector ETF (XLK) | 22.9% | 25.3% | 0.80 | 53.5% |
| Equity (SPY) | 13.5% | 17.1% | 0.62 | 54.2% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 7.9% |
| Commodities (DBC) | 7.5% | 19.4% | 0.29 | 14.3% |
| Real Estate (VNQ) | 1.9% | 18.9% | 0.00 | 37.4% |
| Bitcoin (BTCUSD) | 11.0% | 54.2% | 0.40 | 22.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SLAB | |
|---|---|---|---|---|
| SLAB | 16.8% | 45.1% | 0.50 | - |
| Sector ETF (XLK) | 25.4% | 24.7% | 0.93 | 61.7% |
| Equity (SPY) | 15.3% | 18.0% | 0.73 | 61.6% |
| Gold (GLD) | 12.3% | 16.1% | 0.63 | 5.7% |
| Commodities (DBC) | 5.9% | 18.0% | 0.26 | 20.8% |
| Real Estate (VNQ) | 5.3% | 20.7% | 0.22 | 42.6% |
| Bitcoin (BTCUSD) | 60.0% | 66.8% | 1.00 | 17.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/8/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/5/2026 | -0.8% | -0.8% | 0.3% |
| 2/4/2026 | 48.9% | 51.1% | 48.8% |
| 11/4/2025 | -0.9% | 2.1% | 8.4% |
| 8/5/2025 | -5.1% | -6.5% | -1.9% |
| 5/13/2025 | 5.7% | 1.1% | 8.0% |
| 2/4/2025 | 1.3% | 8.6% | 1.6% |
| 11/4/2024 | -0.3% | 3.5% | 6.5% |
| 7/24/2024 | -0.7% | -0.3% | -2.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 16 |
| # Negative | 13 | 10 | 8 |
| Median Positive | 5.7% | 8.4% | 12.3% |
| Median Negative | -2.8% | -3.1% | -7.0% |
| Max Positive | 48.9% | 51.1% | 48.8% |
| Max Negative | -9.1% | -11.5% | -15.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/5/2026 | -0.8% | -0.8% | 0.3% |
| 2/4/2026 | 48.9% | 51.1% | 48.8% |
| 11/4/2025 | -0.9% | 2.1% | 8.4% |
| 8/5/2025 | -5.1% | -6.5% | -1.9% |
| 5/13/2025 | 5.7% | 1.1% | 8.0% |
| 2/4/2025 | 1.3% | 8.6% | 1.6% |
| 11/4/2024 | -0.3% | 3.5% | 6.5% |
| 7/24/2024 | -0.7% | -0.3% | -2.2% |
| 4/24/2024 | -8.9% | -3.1% | 1.7% |
| 2/7/2024 | 13.0% | 15.5% | 28.5% |
| 11/1/2023 | -5.4% | 1.7% | 14.3% |
| 7/26/2023 | -9.0% | -7.4% | -15.0% |
| 4/26/2023 | -9.1% | -10.4% | -13.0% |
| 2/1/2023 | 14.1% | 17.2% | 14.4% |
| 10/26/2022 | -2.3% | -2.9% | 19.7% |
| 7/27/2022 | 7.7% | 8.3% | -3.0% |
| 4/27/2022 | 4.2% | 9.3% | 11.2% |
| 2/2/2022 | 2.9% | -3.0% | -12.5% |
| 10/27/2021 | 18.9% | 28.2% | 27.7% |
| 7/28/2021 | 3.2% | 12.9% | 15.0% |
| 4/28/2021 | -0.7% | -11.5% | -10.9% |
| 2/3/2021 | -2.8% | 4.7% | 0.9% |
| 10/28/2020 | -3.0% | 3.8% | 13.5% |
| 7/29/2020 | 1.6% | -0.6% | -0.6% |
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 16 |
| # Negative | 13 | 10 | 8 |
| Median Positive | 5.7% | 8.4% | 12.3% |
| Median Negative | -2.8% | -3.1% | -7.0% |
| Max Positive | 48.9% | 51.1% | 48.8% |
| Max Negative | -9.1% | -11.5% | -15.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/10/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 02/04/2025 | 10-K |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 07/24/2024 | 10-Q |
| 03/31/2024 | 04/24/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/26/2023 | 10-Q |
| 03/31/2023 | 04/26/2023 | 10-Q |
| 12/31/2022 | 02/01/2023 | 10-K |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/10/2026 | 10-K |
| 09/30/2025 | 11/04/2025 | 10-Q |
| 06/30/2025 | 08/05/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 02/04/2025 | 10-K |
| 09/30/2024 | 11/04/2024 | 10-Q |
| 06/30/2024 | 07/24/2024 | 10-Q |
| 03/31/2024 | 04/24/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 07/26/2023 | 10-Q |
| 03/31/2023 | 04/26/2023 | 10-Q |
| 12/31/2022 | 02/01/2023 | 10-K |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 04/27/2022 | 10-Q |
| 12/31/2021 | 02/02/2022 | 10-K |
| 09/30/2021 | 10/27/2021 | 10-Q |
| 06/30/2021 | 07/28/2021 | 10-Q |
| 03/31/2021 | 04/28/2021 | 10-Q |
| 12/31/2020 | 02/03/2021 | 10-K |
| 09/30/2020 | 10/28/2020 | 10-Q |
| 06/30/2020 | 07/29/2020 | 10-Q |
| 03/31/2020 | 04/29/2020 | 10-Q |
| 12/31/2019 | 01/29/2020 | 10-K |
| 09/30/2019 | 10/23/2019 | 10-Q |
| 06/30/2019 | 07/24/2019 | 10-Q |
Insider Activity
Updated 5/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Johnson, Robert Matthew | President & CEO | Direct | Sell | 5192026 | 216.83 | 8,024 | 1,739,844 | 17,458,935 | Form |
| 2 | Richardson, Nina | Direct | Sell | 1152026 | 149.00 | 1,355 | 201,895 | 1,272,907 | Form | |
| 3 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 12082025 | 141.49 | 1,954 | 276,471 | 8,826,288 | Form |
| 4 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 12082025 | 140.17 | 4,246 | 595,162 | 8,743,945 | Form |
| 5 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 9022025 | 133.57 | 1,800 | 240,426 | 8,325,151 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Johnson, Robert Matthew | President & CEO | Direct | Sell | 5192026 | 216.83 | 8,024 | 1,739,844 | 17,458,935 | Form |
| 2 | Richardson, Nina | Direct | Sell | 1152026 | 149.00 | 1,355 | 201,895 | 1,272,907 | Form | |
| 3 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 12082025 | 141.49 | 1,954 | 276,471 | 8,826,288 | Form |
| 4 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 12082025 | 140.17 | 4,246 | 595,162 | 8,743,945 | Form |
| 5 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 9022025 | 133.57 | 1,800 | 240,426 | 8,325,151 | Form |
| 6 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 8222025 | 145.23 | 8,000 | 1,161,840 | 9,051,895 | Form |
| 7 | Tolany, Brandon | Sr VP WW Sales & Marketing | Direct | Sell | 8192025 | 132.69 | 2,270 | 301,206 | 8,270,302 | Form |
| 8 | Conrad, Robert J | Sr VP and General Manager | Direct | Sell | 5192025 | 131.20 | 4,029 | 528,605 | 3,329,856 | Form |
| 9 | Johnson, Robert Matthew | President & CEO | Direct | Sell | 5192025 | 131.20 | 5,879 | 771,325 | 9,667,866 | Form |
| 10 | Conrad, Robert J | Sr VP Worldwide Operations | Direct | Sell | 5142025 | 130.00 | 1,172 | 152,360 | 2,076,360 | Form |
| 11 | Wyatt, Christy | Direct | Sell | 5062025 | 104.45 | 546 | 57,030 | 886,989 | Form |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Semiconductors Resources |
| EE Times |
| Semiconductor Engineering |
| Semiconductor Digest |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.