Silicon Laboratories traded at $216.59 this Friday May 15th, decreasing $0.72 or 0.33 percent since the previous trading session. Looking back, over the last four weeks, Silicon Laboratories lost 2.03 percent. Over the last 12 months, its price rose by 65.13 percent. Looking ahead, we forecast Silicon Laboratories to be priced at 212.24 by the end of this quarter and at 199.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
Silicon Laboratories Inc. is a provider of silicon, software and solutions for the Internet of Things (IoT), industrial and consumer markets. The Company operates through mixed-signal analog intensive products segment. The Company provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market. The Company's product categories include IoT Products, which include wireless connectivity, microcontroller (MCU) and sensor products. It offers products for embedded systems that include 8-bit mixed-signal microcontrollers (MCUs), 32-bit wireless MCUs and ultra-low-power 32-bit microcontroller and wireless MCU connectivity solutions using the ARM Cortex-M0+/M3/M4 and M33 cores. Its portfolio addresses a variety of target markets, including smart home, commercial (building automation and retail) and industrial (energy, factory automation, cities).