Skyworks Solutions (SWKS) deals with an 18% weekly decline followed by multiple class action lawsuits notices. An intrinsic value analysis suggests it to be potentially 53% above its current share price. Amid the inflation fears, it's considered as one of the oversold stocks to grab in 2025. Despite facing difficult times, the company has come up with optimistic revenue guidance for the coming quarter and showcased a strong financial performance in the Q1 2025 earnings call. However, it failed to meet the EPS expectations. Notably, Jim Cramer has applauded the companyβs management for their candidness about its issues. Its Q1 fiscal 2025 results reported mixed earnings and a $2B share buyback announcement but its overly dependence on Apple has been pointed out as a hurdle. The appointment of industry veteran Philip Brace as part of the leadership is expected to usher in a new growth chapter. The uncertainty continues as numerous law firms announce securities fraud investigation into the company. Additionally, Skyworks also reported a content loss with Apple causing a notable sinking in stock value.
Skyworks Solutions SWKS News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 05 Apr 2025 22:09:00 GMT -
Rating -6
- Innovation 0
- Information 1
- Rumor -8
