Skyworks Solutions Inc (SWKS) Stock AnalysisSWKSSkyworks Solutions Inc

Skyworks Solutions, Inc. provides wireless networking services. The Company’s analog and mixed-signal semiconductors are connecting people, places, and things, spanning a number of new applications within the aerospace, automotive, broadband, cellular infrastructure, connected home, defense, entertainment and gaming, industrial, medical, smartphone, tablet, and wearable markets. It operates engineering, manufacturing, sales, and service facilities throughout Asia, Europe, and North America. The Company offers a range of products, such as Amplifiers, Attenuators, Diodes, Audio And Radio, Clocks And Timing, Front-End Modules, Isolation, Modems And DAAs, Optocouplers, Power Management, Power Over Ethernet, RF Passives, Television (TV) And Video, Switches, and Voice. Its engineering, marketing, operations, sales, and support facilities are located throughout Asia, Europe, and North America. It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

Skyworks Solutions Inc is currently not a strong buy due to its recent performance and analyst outlook. The current price is $76.35, which is significantly below the highest analyst target of $107 from B. Riley, indicating potential upside. However, the RSI is at a low 21.434, suggesting the stock is oversold, but this could also indicate continued weakness. The forward P/E ratio is 17.83, which is reasonable, but the recent 5-day change of -10.21% and hedge funds selling at a rate of 3267.43% raise concerns about short-term stability. Therefore, while there may be long-term potential, caution is advised in the near term.

28 analysts cover SWKS: 22 rate it Buy, 5 Hold and 1 Sell. The average price target is 82.21.