Skyworks SolutionsSWKS
SWKS
About: Skyworks Solutions Inc produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
Employees: 10,100
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% less funds holding
Funds holding: 862 [Q2] → 860 (-2) [Q3]
2% less first-time investments, than exits
New positions opened: 96 | Existing positions closed: 98
4.05% less ownership
Funds ownership: 93.36% [Q2] → 89.31% (-4.05%) [Q3]
12% less capital invested
Capital invested by funds: $16B [Q2] → $14B (-$1.96B) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 294 | Existing positions reduced: 337
15% less call options, than puts
Call options by funds: $289M | Put options by funds: $340M
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$72
18%
downside
Avg. target
$94
7%
upside
High target
$120
37%
upside
10 analyst ratings
3 positive
30%
5 neutral
50%
2 negative
20%
Citigroup Atif Malik 52% 1-year accuracy 23 / 44 met price target | 18%downside $72 | Sell Maintained | 13 Nov 2024 |
Piper Sandler Harsh Kumar 57% 1-year accuracy 21 / 37 met price target | 3%downside $85 | Neutral Maintained | 13 Nov 2024 |
Craig-Hallum Anthony Stoss 49% 1-year accuracy 17 / 35 met price target | 19%upside $105 | Buy Maintained | 13 Nov 2024 |
Barclays Tom O'Malley 52% 1-year accuracy 23 / 44 met price target | 9%downside $80 | Underweight Maintained | 13 Nov 2024 |
JP Morgan Peter Peng 60% 1-year accuracy 6 / 10 met price target | 14%upside $100 | Neutral Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 4 articles about SWKS published over the past 30 days
Positive
Benzinga
1 week ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Zacks Investment Research
2 weeks ago
Skyworks (SWKS) Up 7.5% Since Last Earnings Report: Can It Continue?
Skyworks (SWKS) reported earnings 30 days ago. What's next for the stock?
Positive
Benzinga
3 weeks ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Positive
Seeking Alpha
3 weeks ago
Of Three Apple Suppliers, Only Skyworks Solutions Hit Street Guidance
Skyworks Solutions reported strong financials, exceeding guidance with $1.015 billion in revenue, $1.55 EPS, and $393 million in free cash flow for the September quarter. The company has a robust presence in Android 5G and Wi-Fi 7 markets, with significant wins in automotive and clinical-grade hearing aids applications. Despite steady performance, Skyworks faces risks from unproven unit growth; however, it remains a buy with a price target above $100.
Neutral
Zacks Investment Research
1 month ago
SWKS Plunges 23% YTD: How Should Investors Play the Stock?
Skyworks faces stiff competition and inventory issues but strong portfolio and design wins in the 5G and automotive sectors might boost recovery.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Seeking Alpha
1 month ago
Skyworks Solutions Q4: I Can See Light At The End Of The Tunnel, But It's Still Far
Skyworks Solutions, Inc. reported mixed Q4 results with sequential revenue growth but year-over-year declines and disappointing guidance, impacting investor sentiment. Despite current struggles, I believe the upcoming smartphone refresh cycle, driven by AI and 5G, will significantly benefit Skyworks in 2025. The company's strong cash position and reduced debt mitigate insolvency risks, even with current profitability challenges.
Positive
Zacks Investment Research
1 month ago
Skyworks Beats Q4 Estimates: Will 1Q25 Outlook Drag Shares Down?
SWKS fourth-quarter results reflect strong mobile growth, offset by high inventory, uneven demand, and muted recovery in automotive and industrial markets.
Negative
Benzinga
1 month ago
Skyworks Solutions Faces Headwinds: Analysts Slash Price Forecasts Amid Weak Guidance And Inventory Challenges
Skyworks Solutions Inc SWKS shares are trading lower on Wednesday after the company reported fourth-quarter results and several analysts cut the price target.
Neutral
Seeking Alpha
1 month ago
Skyworks Solutions, Inc. (SWKS) Q4 2024 Earnings Call Transcript
Skyworks Solutions, Inc. (NASDAQ:SWKS ) Q4 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Raji Gill - Vice President of Investor Relations Liam Griffin - Chairman, Chief Executive Officer & President Kris Sennesael - Senior Vice President & Chief Financial Officer Conference Call Participants Peter Peng - JPMorgan Edward Snyder - Charter Equity Research Timothy Arcuri - UBS Krish Sankar - TD Cowen Michael Mani - Bank of America Securities Ruben Roy - Stifel Srini Pajjuri - Raymond James Vijay Rakesh - Mizuho Group Nicholas Doyle - Needham & Company Operator Good afternoon and welcome to Skyworks Solutions Fourth Quarter Fiscal Year 2024 Earnings Call. This call is being recorded.
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