In recent updates, highly scrutinized **Skyworks Solutions, Inc.** (NASDAQ:SWKS) has tried to navigate in a tough economic landscape with an undervaluation of 32%. The stock position has been lowered at **Regal Wealth Group** but raised by **Prudential PLC** and **CIBC Private Wealth Group**. **Goldman Sachs** is still unsure if it is a good hardware stock to buy. Q2 2024 earnings surpassed estimates followed by **Q1 2024** earnings meeting expectations which caused the stock to drop. **Gotham Asset Management** and **CIBC World Markets Corp** have made hefty investments in SWKS. Smart money has bet big in SWKS options. Ratings from analysts received consensus recommendation of 'Hold'. Despite this, SWKS outpaced stock market gains indicating potential for a bull run. There are warnings to be wary of SWKS and returns on capital despite beating analyst forecasts in recent earnings. SWKS's value is in question as its financials play a role in driving stock prices. Shareholders have made considerable moves recently, including the CEO picking up more stock and others selling their shares. SWKS is rumored to soon fully financial walk, raising the question if the market volatility will persist.
Skyworks Solutions SWKS News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 16 Jun 2024 15:47:07 GMT -
Rating -5
- Innovation -3
- Information 2
- Rumor -2
