
Skyworks Solutions (SWKS) Stock Forecast & Price Target
Skyworks Solutions (SWKS) Analyst Ratings
Bulls say
Skyworks Solutions demonstrates a promising financial outlook, bolstered by its strong partnerships with major customers, particularly Apple, which accounted for 63% of its June quarter revenue. The company is projected to achieve revenue growth in the mid-to-high single digits, with a gross margin target of 50%-55% and operating profit reaching 30%-35%, improvements from previous averages. Additionally, the anticipated cost savings from fab consolidation and increased utilization are expected to enhance cash flows, further supporting the firm's financial strength and growth trajectory.
Bears say
Skyworks Solutions faces a challenging outlook primarily due to anticipated pricing declines in average selling prices (ASP) and the company's forecast of experiencing its fifth consecutive year of earnings decline. Analysts project a conservative revenue figure of approximately $7.1 billion with an EPS of about $4.42, reflecting an overall decline in market performance and a low starting point from the RF industry. Concerns about regulatory approval for recent mergers and market share struggles, particularly with major client Apple, add to the negative sentiment surrounding the firm's stock.
This aggregate rating is based on analysts' research of Skyworks Solutions and is not a guaranteed prediction by Public.com or investment advice.
Skyworks Solutions (SWKS) Analyst Forecast & Price Prediction
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