| From: mlc178 | 9/26/2019 1:12:00 PM | | | | | | QRVO, SWKS slide as analyst sees Huawei losses
Sep. 26, 2019 10:38 AM ET|About: Qorvo, Inc. (QRVO)|By: Brandy Betz, SA News Editor
Susquehanna analyst Christopher Rolland writes that Huawei has found alternatives to most U.S. RF suppliers, citing a visit to China and discussions with Huawei.
Rolland says volumes are unlikely to return to pre-ban levels even if the ban is lifted. The purchasing levels could return to only 50% of the prior levels.
Susquehanna cuts Qorvo ( QRVO -1.2%) from $74 to $70 and Skyworks ( SWKS -0.8%) from $78 to $74.
----------------------------------------------------------------------------------------------------------
Of course Huawei would find alternatives. There are plenty of Japanese and European alternatives to these two US companies. |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: mlc178 | 10/10/2019 12:44:22 PM | | | | | | Qorvo, Skyworks jump as Cowen upgrades on 2020 iPhone ramp
Oct. 10, 2019 10:29 AM ET|About: Qorvo, Inc. (QRVO)|By: Jason Aycock, SA News Editor
• Cowen has upgraded key Apple suppliers Qorvo ( QRVO +4.2%) and Skyworks ( SWKS +5%) to Outperform on potential strength from a 5G iPhone.
• Sentiment is low for this year's iPhone crop, analyst Karl Ackerman writes, ahead of anticipated 5G-enabled phones in the second half of 2020, which should provide a "strong C2020 ramp in handset revenues."
• He's raised his price target on Skyworks to $95 from $80, implying 12% upside, and raised the Qorvo target to $90 from $75, implying 18% upside.
• Qorvo derives 32% of revenue from Apple, Bloomberg notes, while Skyworks derives 30% of revenue from key Apple supplier Foxconn. |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: mlc178 | 10/15/2019 2:07:56 PM | | | | | | thesteet.com: Skyworks, Qorvo Shares Climb as Cowen Chips in Upgrade to Outperform
By Rob Lenihan
Updated Oct 10, 2019 9:42 AM EDT
Shares of Skyworks Solutions (SWKS - Get Report) and Qorvo (QRVO - Get Report) were both climbing Thursday after an analyst at Cowen upgraded the semiconductor companies to outperform from market perform.
Skyworks Solutions rose 3.6% to $83.64 while Qorvo climbed 3% to $75.50.
Analyst Karl Ackerman also increased his price target on Qorvo to $90 from $75, saying in a note that the stock's risk-reward is skewed to the upside with $7.50 to $8 a share of earnings possible in 2021.
Although Qorvo's content is lower this iPhone (AAPL - Get Report) cycle, Ackerman sees unit upside ahead of higher radio-frequency content in a 5G-enabled phone in 2020.
He also said that while the U.S.-China trade war is not likely to end soon, a resolution over the next few quarters may add $500 million of revenue and $1 of earnings per share to 2020 estimates for the company.
Ackerman increased his target for Skyworks to $95 from $80. The company's content continues to ramp during the current iPhone cycle, he said, and, again, higher radio-frequency content in a 5G-enabled phone presents unit upside potential in 2020.
In addition, Chinese tech company Huawei is 90% discounted into 2020 estimates, which could drive $350 million in sales and 60 cents in EPS upside if the U.S. and China resolve their trade issues.
Ackerman also said WiFi 6m is "finally here," enabling Skyworks to dominate in smart-home applications. |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: mlc178 | 10/31/2019 9:40:52 PM | | | | | | Qorvo released its results today for the 2nd quarter of 2020, ended Sept 28, 2019.
As estimated by analysts.
Revenue: $754 million.
EPS $1.30 per sh.
Actual non-GAAP results
Revenue: $806.7 million
EPS $1.52 per sh.
Guidance for the upcoming quarter
Revenue: 840 to 860 million
Midpoint of EPS: 1.67 (blows away the estimate of 1.35)
This company is on fire! The stock went up $7.64 in after hours (+9.45%). |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: JakeStraw | 1/14/2020 2:48:55 PM | | | | | | SKYWORKS ACCELERATES ADOPTION OF 5G MASSIVE IOT APPLICATIONS
investors.skyworksinc.com
Cellular-based Solution Certified by Global Carriers Including KDDI, NTT Docomo, SoftBank and Verizon
IoT manufacturers are quickly embracing cellular connectivity given its ability to deliver a secure, real-time device-to-cloud connection needed for remote monitoring, control, or management. This low-power, wide area network (LPWAN) capability is ideal for widely adopted consumer products such as smartwatches, wearables and asset trackers, as well as industrial and infrastructure applications such as gas, water and electric metering, machine monitoring, factory automation, supply chain and logistics oversight.
“With the emergence of 5G, IoT devices utilizing Skyworks’ carrier-certified solutions will go to market faster and be more cost-effective than implementing discrete architectures,” said John O’Neill, vice president of marketing for Skyworks. “Skyworks has established itself as a leader in developing breakthrough 5G platforms for mobile and has now combined this expertise with market leading modem technology to provide extremely power-efficient and unmatched integration for IoT innovations globally.” |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: JakeStraw | 1/14/2020 2:50:53 PM | | | | | | SKYWORKS ENABLES TOP SMART HOME SECURITY SYSTEMS
investors.skyworksinc.com
Solutions Offer Enhanced IoT Connectivity for Expanding Connected Home Market
Skyworks’ wireless engines deliver extended range as well as maximum power and efficiency in a compact form-factor, enabling breakthrough features such as live HD video feeds, remote siren activation and two-way communication from a mobile device. In addition, Skyworks’ technology facilitates cloud connectivity for data and video storage features in these emerging IoT applications.
The rapid proliferation of home security systems is providing end users with the ability to monitor their residence remotely - adding to the growing list of conveniences and safety measures available in today’s connected home. According to an October 2019 Strategy Analytics report, global surveillance home camera sales will surge to more than 111 million units by 2023, up from approximately 54 million units in 2019, representing a 20 percent compounded annual growth rate. They also predict that the growth in consumer spending on video doorbells will be the highest of any camera category over this period.
“Skyworks is uniquely delivering advanced architectures for short and long range connectivity throughout smart homes, empowering a multitude of IoT products,” said Carlos Bori, senior vice president of sales and marketing for Skyworks. “From security cameras and sensors to doorbells, locks, appliances and lighting, our solutions are driving convenience, safety features, and efficiency. We are delighted to partner with market leaders in bringing next generation technologies to life.” |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: JakeStraw | 1/14/2020 2:52:29 PM | | | | | | SKYWORKS DELIVERS PREMIUM AUDIO IN LEADING SOUND BARS
investors.skyworksinc.com
Provides Turnkey Solutions for Top Global Brands
Sound bars are speakers that help create an immersive, theater-like experience. By occupying minimal space and eliminating the need for multiple speakers and external wiring, consumers are able to enjoy versatile, quality sound in their home. Skyworks’ sixth generation cognitive wireless devices are the industry’s leading fixed low-latency audio solutions that deliver uncompressed, superior quality. Further, Skyworks’ proprietary platforms provide extreme interference resistance and co-existence for standards like Wi-Fi® and Bluetooth®.
“Skyworks is pleased to offer unique ASoCs that deliver vital digital signal processing and wireless capabilities for high quality sound bars in today’s smart home,” said Manpreet Khaira, vice president and general manager of AI Solutions for Skyworks. “With a multitude of emerging applications requiring premium audio and AI functionality, we provide manufacturers with highly-integrated devices that set new performance standards and expedite time-to-market.” |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| From: JakeStraw | 1/24/2020 2:31:40 PM | | | | | | SKYWORKS EXCEEDS Q1 FY20 EXPECTATIONS
Delivers Revenue of $896 Million, Up 8% Sequentially
Posts GAAP Diluted EPS of $1.50; Non-GAAP Diluted EPS of $1.68
Generates $398 Million in Cash Flow from Operations
Guides to Better-than-Seasonal Revenue Trends in Q2 FY20
investors.skyworksinc.com
First Fiscal Quarter Business Highlights
Ramped Sky5® portfolio across Oppo, Vivo and Xiaomi 5G mobile platforms
Powered rapidly emerging 5G massive IoT applications with cellular-based solutions certified by KDDI, NTT Docomo, SoftBank and Verizon
Advanced automotive content with SkyOne®, Wi-Fi 6 and V2X portfolio
Extended market leadership position in high-speed 802.11ax access points with advanced 2.4 and 5 GHz FEMs
Introduced Bluetooth® Low Energy modules for Proctor & Gamble’s infant monitoring system
Leveraged Zigbee®, Thread and Bluetooth® Low Energy architectures for extended-range smart gas meter applications
Commenced volume production of Wi-Fi 6 connectivity engines for ZTE and Belkin/Linksys
Supported GoPro’s next-generation wearable, waterproof action camera with GPS technology
Shipped LoRa devices powering premium home security platforms
Expanded infrastructure footprint with 5G massive-MIMO and small cell base station design wins |
| | SWKS - Skyworks Solutions, Inc (was AHAA) | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |
