Breaking Down Skyworks Solutions: 9 Analysts Share Their Views

Gain insights into the latest analyst ratings for Skyworks Solutions SWKS within the past quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 4 2 0 1
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 4 1 0 0
3M Ago 0 0 1 0 1

Within the last quarter, 9 analysts provided 12-month price targets for Skyworks Solutions. The average target is $109.11, with a high estimate of $130.00 and a low estimate of $87.00.

Get a quick summary of 9 analysts' ratings for Skyworks Solutions over the last 3 months. More bullish views suggest a positive outlook, while more bearish views imply a negative sentiment.

price target chart

A 11.47% drop is evident in the current average compared to the previous average price target of $123.25.

Exploring Analyst Ratings: An In-Depth Overview

Discover the analyses of financial experts and analysts, gaining insights into their recent evaluations for Skyworks Solutions. Our Ratings Table below provides a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Grasping the perspectives of these experts on the company can unveil valuable insights into potential market trends and investor sentiment.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Vijay Rakesh Mizuho Raises Buy $125.00 $108.00
Kevin Cassidy Rosenblatt Lowers Buy $130.00 $150.00
Harsh Kumar Piper Sandler Lowers Overweight $90.00 $125.00
Christopher Rolland Susquehanna Lowers Positive $110.00 $115.00
Joseph Moore Morgan Stanley Lowers Equal-Weight $95.00 $112.00
John Vinh Keybanc Lowers Overweight $120.00 $130.00
Christopher Rolland Susquehanna Lowers Positive $115.00 $130.00
Atif Malik Citigroup Lowers Sell $87.00 $116.00
Karl Ackerman Exane BNP Paribas Announces Neutral $110.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Skyworks Solutions. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Skyworks Solutions compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Skyworks Solutions's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Skyworks Solutions analyst ratings.

Get to Know Skyworks Solutions Better

Skyworks Solutions 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.

Skyworks Solutions: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Negative Revenue Trend: Examining Skyworks Solutions's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -13.37% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Skyworks Solutions's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 20.09%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Skyworks Solutions's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 4.09%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Skyworks Solutions's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 2.9%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.25, Skyworks Solutions adopts a prudent financial strategy, indicating a balanced approach to debt management.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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