Skyworks Solutions (SWKS) has seen numerous developments that include a
concerning capital return, recent
underperformance against competitors, and a
Q2 2024 earnings call that beat estimates even as revenue fell year-over-year. Notably,
Jump Financial LLC sold 1485 shares with analyst consensus recommending a 'Hold' status. However, there have been fluctuations as the stock has dipped, and then made
gains, though underperformed market-wise. Amidst these fluctuations, analysts forecast a
potential bullish run and note a
32% undervaluation. Recent actions from CEOs and institutional investors seem positive with stock purchases. Despite some losses, there was a
lowering of the stock rating by Wolfe Research. Questions arise on the company's financial health, with the stock's recent performance considered a possible reflection. Yet,
Earnings in Q1 and Q2 FY24 beat estimates, offering some optimism. There are also projections that the company's acquisitions could be key to its long-term growth despite some concerns over softer guidance.
Skyworks Solutions SWKS News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Fri, 24 May 2024 16:40:04 GMT -
Rating 1
- Innovation -3
- Information 4
- Rumor -2
