Tag Archives: swks

Skyworks Gets Price Target Hikes On Strong Guidance

Skyworks Solutions (SWKS) stock was up 8% in morning trading in the stock market today, at a more than 13-year high, a day after the maker of ICs and other parts for the Apple (AAPL) iPhone and other smartphones posted fiscal Q2 results that beat views. Skyworks also issued fiscal third-quarter guidance that beat forecasts, sparking at least six price target hikes by investment banks. The Woburn, Mass.-based company said it earned 62 cents a share

Skyworks Stock Price Target Hiked On China 4G

China’s buildout of 4G wireless data service will give analog chip maker Skyworks Solutions (SWKS) an opportunity to ramp up already large sales in that country, says Canaccord Genuity, which hiked its price target on Skyworks stock on Monday. Shares in Woburn, Mass.-based Skyworks were up nearly 1% in afternoon trading on a tough day in the stock market today. Skyworks stock is up more than 25% in 2014, and the company ranks No. 33 in Monday’s

Skyworks Earnings, Guidance Spark Price-Target Hikes

Chipmaker Skyworks Solutions (SWKS) got a passel of price-target increases Friday morning after it beat analysts’ Q1 estimates and raised guidance. Shares gapped up nearly 8% on the stock market today, near 31. Late Thursday, Skyworks said revenue for its fiscal Q1 ended Dec. 27 rose 11% from the year-earlier quarter to $505 million, beating analysts’ consensus by $5 million. Profit excluding one-time items climbed 22% to 67 cents a share, beating