From Yahoo Finance: 2025-05-29 13:23:00

Benchmark analysts reaffirmed a “Buy” rating on Silicon Laboratories Inc. (NASDAQ:SLAB) with a $160 price target after a conference call with company executives. The discussion highlighted strong fundamental performance and design win pipeline, indicating growth potential in various market segments. Silicon Labs focuses on smart home tech, industrial automation, and IoT.

Benchmark analysts emphasized Silicon Laboratories Inc.’s (NASDAQ:SLAB) impressive Q1 2025 earnings results, exceeding Wall Street estimates. The company operates in a healthy channel inventory environment, ensuring steady supply and sales. Strategic product advancements are expected to strengthen SLAB’s position in the market and capitalize on customer demands and technological trends.

Silicon Laboratories Inc. (NASDAQ:SLAB) is strategically positioned for growth in smart home technologies, industrial automation, and IoT. The company’s design win pipeline indicates promising long-term revenue growth opportunities. Benchmark analysts highlighted the potential of SLAB as an investment but suggested that other AI stocks may offer higher returns with limited downside risk.

For investors seeking AI stocks with potential for higher returns, Benchmark analysts suggest exploring alternatives beyond Silicon Laboratories Inc. (NASDAQ:SLAB). While SLAB shows promise, other opportunities with 100x upside potential may be more appealing. Check out their report on the cheapest AI stock for more information on alternative investment options.

Read more: Benchmark Maintains Buy Rating on Silicon Labs (SLAB), Keeps $160 PT