Skyworks Solutions (SWKS) has had a turbulent period with numerous significant events affecting its market performance. The company reported mixed results for Q1 earnings, beating revenue forecasts and unveiling a $2B share buyback. However, SWKS' future was uncertain due to a weak mobile revenue outlook, possibly influenced by Appleβs plans to cut content demand for the new iPhone. With
Jim Cramer warning of potential problems relating to SWKS' reliance on
Apple, SWKS' shares slid. Despite these challenges, SWKSβ financial performance was still robust in Q1 2025. They provided an optimistic revenue guidance for the next quarter despite disappointing Q4 sales numbers. An investigation from
Bronstein, Gewirtz & Grossman, LLC and
Kirby McInerney LLP pushed the company further under the spotlight. Investor concerns intensified with the announcement of the CEO transition and intensified chip competition. Despite depressed prices,
DeepSeek AI highlighted SWKS among semiconductor stocks making an impressive comeback. Yet, this didn't prevent certain institutions like
Vontobel Holding Ltd. and
Apollon Wealth Management LLC from selling their SWKS shares. Throughout this period, SWKS was downgraded multiple times by various analysts including
Mizuho,
Argus,
B. Riley, and
The Goldman Sachs Group.
Skyworks Solutions SWKS News Analytics from Wed, 19 Jul 2017 16:49:36 GMT to Fri, 21 Feb 2025 21:30:00 GMT -
Rating -3
- Innovation -2
- Information 4
- Rumor 0
