Skyworks Solutions Inc. Continues to Ride the Connectivity Boom
Skyworks Solutions (NASDAQ: SWKS), a manufacturer of specialty semiconductor chips, reported its fiscal fourth-quarter results on Monday, Nov. 6. The company saw double-digit growth in revenue and profits, both of which easily surpassed management's guidance.
Let's dig into the details to get a better sense of what's driving these record results.
Image source: Getty Images.
Source: Fool.com
Skyworks Solutions Inc. Stock
€98.57
-0.800%
We see a rather positive sentiment for Skyworks Solutions Inc. with 16 Buy predictions and 1 Sell predictions.
With a target price of 114 € there is a slightly positive potential of 15.65% for Skyworks Solutions Inc. compared to the current price of 98.57 €.
