Skyworks Solutions has faced mixed fortunes in recent periods. They secured the
IATF 16949 Automotive Certification and have major earning reporting in the pipeline. However, their three-year shareholder returns and company earnings are down, and their stock has fallen by 9.6% in the past week, attributed to factors such as slowing auto chip demand, iPhone content loss concerns, and some disappointing quarterly results. Yet, they have shown signs of resilience, with their stock trading down and beating some EPS estimates but missing the mark on revenue in Q3 2024. Short sellers question if SWKS is the worst 5G stock to buy. Skyworks Solutions' shares were acquired by
Van ECK Associates Corp, among other institutional investors. Despite fluctuations, some analysts see the stock as a buying opportunity, while others slashed their price targets after Q2 results. Future growth is uncertain due to potential challenges, but they remain a player in the semiconductor sector.
Skyworks Solutions SWKS News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Fri, 08 Nov 2024 17:16:14 GMT -
Rating -5
- Innovation -3
- Information 6
- Rumor -2
