Skyworks Solutions Inc. (NASDAQ:SWKS) has experienced mixed developments lately. Brokerages gave Skyworks an average 'Hold' rating and witnessed Q3 earnings that measured up to expectations, albeit with uninspiring Q3 sales numbers. Skyworks managed to achieve its Street guidance, out of three Apple suppliers, and posted impressive numbers during Q4 2024, including record 40 percent free cash flow margin. However, analysts have cut their price forecasts due to weak guidance and inventory challenges, nevertheless, the ratings remain affirmative attributing to prospects from AI-driven smartphone demand. Skyworks also faces potential risks to business continuity and performance due to IT upgrade challenges. Investor sentiments seem divided - while players like Sora Investors and Weiss Asset Management have had significant buys, others like Holocene Advisors have sold their shares. Although Skyworks' recent price movement received criticism due to weak fundamentals, optimism surrounds potential gains driven by new certifications and AI-driven growth in smartphone demand. Despite potential headwinds, Skyworks holds potential for dedicated and insightful investors.
Skyworks Solutions SWKS News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 07:50:00 GMT -
Rating -3
- Innovation 3
- Information 5
- Rumor -1
