Demystifying Skyworks Solutions: Insights From 9 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Skyworks Solutions (NASDAQ:SWKS) has been the subject of 9 analyst reviews over the past three months, showing a mix of bullish and bearish sentiments. The average 12-month price target among analysts is $102.22, down 10.86% from the previous target, with individual targets ranging from $83.00 to $120.00. Recent actions by analysts include downgrades in ratings and price targets by firms such as Citigroup, Wells Fargo, and UBS, reflecting adjustments to market conditions and company performance. Despite a negative revenue trend and challenges in market capitalization, Skyworks Solutions maintains a strong net margin and a sound debt management profile.
May 09, 2024 | 1:00 pm
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Skyworks Solutions has experienced a mix of analyst ratings, with a notable decrease in the average price target to $102.22, reflecting a bearish sentiment. Despite this, the company's strong net margin and effective debt management may cushion negative impacts.
The decrease in the average price target and the mix of analyst ratings indicate a bearish outlook for SWKS in the short term. However, the company's financial health, as indicated by its net margin and debt management, may mitigate some of the negative impacts on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100