Swedbank AB cuts stakes in
Skyworks Solutions, raising concerns about its performance and valuation. Some shareholders might be considering an exit due to underperformance and weak fundamentals. Despite this, others such as
Barclays PLC and
Twelve Points Wealth Management LLC have increased their holdings. Much speculation is centered around their Q1 and Q4 earnings reports, with
Q1 2025 due on
February 5. The reports are expected to reveal key financial updates which are crucial amidst the Market volatility.
Despite their troubles, Skyworks Solutions has been praised by
Jim Cramer for their honesty. A few sharp calls involved
AI-driven smartphone demand potentially boosting holiday sales due to Skyworks Solutions beating Q4 estimates. Some believe Skyworks has been deeply undervalued, despite disappointing recent performance and concerns about their capital allocation. Moreover,
Craig-Hallum reiterated a Buy rating irrespective of their price target reduction. With
Global Auto Certification under their belt, they look to expand their automotive tech reach. Conversely, their challenges with IT upgrade and high insider selling activity lurks potential risks.
Skyworks Solutions SWKS News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 22:46:00 GMT -
Rating -2
- Innovation 0
- Information 4
- Rumor -4
