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
€99.38
0.240%
With 15 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 114 € shows a slightly positive potential of 14.71% compared to the current price of 99.38 € for Skyworks Solutions Inc..
