Skyworks Solutions Inc displays a mixed review of performance and future prospects. Despite a decrease by 6.1% after the last earnings report , Van ECK Associates Corp expanded their shares and improvement in the relative price strength of the stock has been noted. A consensus of 'hold' is recommended by several analysts nonetheless. Meanwhile, the stock has shown to be performing lower than expected currently. Yet, Q2 of FY24 showed earnings surpassing estimates, suggesting potential for rebound. However, its stocks appear undervalued by 32%, signaling potential investment opportunity. Further, dated Earnings in Q1 and Q2 were reported to align with expectations even though the stock witnessed a drop. On the contrary, there have been concerns about Skyworks' ability to allocate capital and questions about the influence of its financials on its stock performance have surfaced. Despite being a high-quality tech stock with robust dividend growth, it has faced subsequent losses in recent weeks, with a lackluster VS outlook and concerns of iPhone content loss dampening its overall market appeal.
Skyworks Solutions SWKS News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sat, 31 Aug 2024 13:08:38 GMT -
Rating 1
- Innovation 5
- Information -4
- Rumor -5
