From: JakeStraw | 7/6/2017 10:41:37 AM | | | | Skyworks Solutions, Inc. is now covered by analysts at Argus. They set a "buy" rating and a $120.00 price target on the stock |
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From: JakeStraw | 7/21/2017 10:59:40 AM | | | | Skyworks Solutions, Inc. had its price target raised by analysts at Mizuho from $115.00 to $120.00. They now have a "buy" rating on the stock.
Skyworks Solutions, Inc. had its price target raised by analysts at Craig Hallum from $120.00 to $125.00. They now have a "buy" rating on the stock. |
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From: Rob Phil | 11/6/2017 4:52:43 PM | | | | $SWKS reported a 14% rise in its 4Q17 profit
$SWKS reported a 14% rise in its 4Q17 profit, driven by the global demand for connectivity across Mobile and Internet of Things ecosystems. Net income rose to $281.3MM, or $1.51 per share, from $246.8MM, or $1.31 per share during 4Q16. Adj. EPS was up 24% to $1.82. Revenue jumped 18% YoY to $984.6MM. |
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From: JakeStraw | 11/7/2017 11:48:31 AM | | | | Skyworks Solutions, Inc. had its price target raised by analysts at Needham & Company LLC from $110.00 to $120.00. |
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From: JakeStraw | 4/24/2018 9:45:45 AM | | | | Mizuho Securities lowers its rating to neutral from buy for Skyworks Solutions shares, predicting the chip maker will face pricing pressure later this year. cnbc.com |
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From: JakeStraw | 5/18/2018 12:05:11 PM | | | | Skyworks Solutions was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating. |
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From: JakeStraw | 8/6/2018 8:20:14 AM | | | | Skyworks Solutions, Inc., an innovator of high performance analog semiconductors connecting people, places and things, today announced it signed a definitive agreement to purchase Avnera Corporation, a leading developer of Analog System on Chips (ASoCs). Acquisition of Avnera, a private fabless semiconductor supplier, augments Skyworks’ leadership in wireless connectivity by adding ultra-low power analog circuits to enable smart interfaces via acoustic signal processing, sensors and integrated software. Upon consummation of the transaction, Skyworks will expand its addressable market by over $5 billion. Target applications include AI speakers/microphones, virtual assistants, intelligent gaming controllers and vehicle in-dash systems as well as wired/wireless headsets.
“Voice is increasingly becoming the primary interface for artificial intelligence and Internet of Things applications. Skyworks’ acquisition of Avnera will enable us to capitalize on the rapid proliferation of audio functionality and its convergence with our advanced connectivity solutions,” said Liam K. Griffin, president and chief executive officer of Skyworks. “With Skyworks’ global sales channels, strong customer relationships and operational scale, we plan to leverage Avnera’s innovative product portfolio and systems expertise to increase our footprint in automotive, industrial, home automation, enterprise and high-end consumer markets. In short, this transaction perfectly complements Skyworks’ product roadmap and will be highly synergistic across a broader customer set.” markets.siliconinvestor.com |
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From: JakeStraw | 9/25/2018 8:55:38 AM | | | | Skyworks Solutions, Inc., an innovator of high performance analog semiconductors connecting people, places and things, today announced that new solutions from its leadership Sky5™ platform have been validated to enable the fast-approaching rollout of 5G. Skyworks has launched several products that deliver world-class performance in 5G New Radio (NR) Bands n77, n78 and n79 – frequencies that mobile operators plan to utilize to deploy next generation cellular services. These devices represent the latest additions to Skyworks’ expanding portfolio of connectivity solutions specifically designed to operate across all 5G NR spectrums worldwide. businesswire.com |
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