SWKS - Skyworks Solutions, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
131.22
-1.51 (-1.14%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close132.73
Open132.74
Bid131.16 x 1000
Ask131.07 x 800
Day's Range129.72 - 133.13
52 Week Range67.90 - 138.22
Volume1,081,713
Avg. Volume2,073,909
Market Cap21.892B
Beta (5Y Monthly)1.25
PE Ratio (TTM)28.46
EPS (TTM)4.61
Earnings DateJul 23, 2020
Forward Dividend & Yield1.76 (1.33%)
Ex-Dividend DateMay 20, 2020
1y Target Est122.79
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-7% Est. Return
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  • The 7 Best Semiconductor Stocks on the Market Now
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    The 7 Best Semiconductor Stocks on the Market Now

    Moore's Law says that the number of transistors on a silicon chip will double every two years. That premise of ever-expanding computing power has been the driving force behind the modern digital revolution. It has also meant that semiconductor stocks have been a force to be reckoned with. * The InvestorPlace Q&A: ProShares Pet Care ETF Is a Treat for Investors But not every company that has built its business around silicon is worth investing in. The road is littered with failures like 3dfx Interactive. To stay safe and reap big gains, these seven picks should be at the top of your list if you want a piece of the semiconductor action: * Advanced Micro Devices (NASDAQ:AMD) * Intel (NASDAQ:INTC) * Maxim Integrated Products (NASDAQ:MXIM) * Qorvo (NASDAQ:QRVO) * Skyworks Solutions (NASDAQ:SWKS) * Analog Devices (NASDAQ:ADI) * Broadcom (NASDAQ:AVGO)Some have been in business since the PC era began, while several of these companies are relative newcomers. What they all share in common is a focus on silicon chips, and stocks that are going to continue to be strong performers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Best Semiconductor Stocks: Advanced Micro Devices (AMD)Source: Sundry Photography / Shutterstock.com First up is a stellar performer among semiconductor stocks. Advanced Micro Devices was the best-performing stock in the S&P 500 in 2019, posting 148% growth. AMD stock is up 9% so far in 2020, despite the novel coronavirus pandemic.AMD has been all but written off twice. First, after the 2000 dot-com crash, and again in 2008, when PC shipments began to stall, and AMD's processors and graphics cards just weren't competitive. All of that has changed in recent years. Under the direction of CEO Lisa Su, AMD has been relentless in its development of new chip architecture. Its Ryzen processors have been taking market share from Intel in the PC space, including an aggressive push into laptops for 2020. The company's EPYC processors are winning marketshare in the lucrative data center market. Its Radeon graphics cards are giving market leader Nvidia (NASDAQ:NVDA) fits. And both the Xbox Series X and PlayStation 5 video game consoles will be powered by custom AMD chips when they launch later this year. Above all, as I wrote earlier this year, AMD maintains an ambitious vision for the future. Look for that vision to continue powering the company's success. Intel (INTC)Source: Kate Krav-Rude / Shutterstock.com Intel is the senior statesman among these semiconductor stocks. It has been focused on silicon chips since 1968. In fact Gordon Moore of Moore's Law fame is Intel's cofounder.One of Intel's key strengths is its resilience. Intel has faced challenges over the past five years that would hobble many other companies. Even as Intel's core PC market continues to shrink, AMD has been winning over consumers and manufacturers with its Ryzen processors. Intel has faced crippling chip shortages plus fallout from the Meltdown and Spectre chip vulnerabilities. It abandoned the smartphone processor market, and last year dropped its smartphone modem business, selling it to Apple (NASDAQ:AAPL). Adding to the gloomy news, it has been reported that Apple is on the verge of ditching Intel processors in its Mac PCs.So why the nod to Intel? Despite the many challenges, Intel remains a dominant force. Its new 10nm chips are beginning to hit the market, and production delays are expected to be resolved. Intel Xeon processors remain the chip of choice in the data center market, and that market is growing. Last year, Intel showed off its own Xe graphics cards, which will position it to take on AMD and Nvidia in that market. Intel is also dominant in the growing Internet of Things (IoT) sector -- a key component of smart home and self-driving car technologies.Perhaps the strongest argument is that despite the many challenges, INTC stock continues to perform. Over the past five years, it's up 105%. * 7 Oil Stocks That Are Struggling to Survive In addition, Intel is generous with its dividends. Its latest quarterly dividend was 33 cents per share, paid on June 1. Maxim Integrated Products (MXIM)Source: Casimiro PT / Shutterstock.com Maxim Integrated is another of those semiconductor stocks with a long history. This company dates back to the 1980s and specializes in integrated circuits (ICs). These are the embedded chips used in a huge variety of products, ranging from cars to heath trackers to automated factory equipment.Maxim Integrated is positioned to benefit from some of the most promising areas of technology growth, including wearables, 5G wireless, automotive IoT, solar cells, military, aerospace and smart building automation.MXIM stock has posted growth of 79% over the past five years. Although it's still under water for 2020, it has been recovering from the March market selloff. At its current price, MXIM stock is up nearly 40% from its March 16 close. Qorvo (QRVO)Source: Piotr Swat / Shutterstock.com Qorvo is a relative newcomer among the semiconductor stocks scene. Founded in 2015, Qorvo describes itself as providing: "the industry's broadest portfolio of critical enabling technologies with expertise in mobile devices, complex infrastructure and global aerospace and defense applications."The RF business encompasses 5G and Wi-Fi 6, the latest tech in a red-hot communication sector. In 2019, Qorvo announced it had shipped 100 million RF devices for use in 5G infrastructure. On the foundry side, Qorvo specializes in custom solutions for the U.S. Department of Defense. That's a market that is always growing, no matter what the economic situation. Power management includes battery management components and power loss protection. Qorvo is growing through acquisition as well. Its latest purchase took place earlier this year, when it completed the purchase of Decawave -- a company specializing in ultra-wideband (UWB) technology.QRVO stock was up an impressive 91% in 2019. It has been hit hard in 2020, but since bottoming out in March has re-gained nearly 66%. * The 9 Best Cryptocurrencies to Watch for the Rest of 2020 Expect that recovery to continue, based on the company's latest guidance: "While our June quarter guidance reflects the ongoing demand and supply effects of COVID-19, we are encouraged by continued growth in 5G handsets and infrastructure, and we remain confident in the long-term growth drivers of our business." Skyworks Solutions (SWKS)Source: madamF / Shutterstock.com Skyworks Solutions' primary product is radio frequency semiconductors used by smartphones to communicate with wireless networks. From 2002 through 2008, SWKS stock bounced around below the $10 level, but since 2009 it has been on a growth path. That's no surprise, given that Apple is Skyworks' largest customer, and the iPhone was the hottest-selling smartphone on the planet. That relationship can have its downside -- 2018 saw SWKS stock slide, a reaction blamed on lower iPhone demand.However, 5G adoption is expected to spur iPhone demand this fall. That prospect helped to once again light a fuse under SWKS, starting in October. Before the coronavirus pandemic spooked the markets and spoiled the party, Skyworks' stock had gained 70% since the start of October. Even after a March plummet, the prospect of 5G iPhones boosting revenue for the at least the next few years has helped SWKS to recover and more. Now at the $132 level, it's up nearly 9% so far in 2020. Analog Devices (ADI)Source: Shutterstock This Massachusetts-based semiconductor company specializes in analog, mixed-signal and digital signal (DSP) integrated circuits.Its ICs can be found in products that are on the leading edge of technology, sectors that are all expected to see massive growth in coming years. This includes electric cars, self-driving vehicles, 5G infrastructure, industrial automation and smart sensors (Industry 4.0) and digital health solutions. Analog Devices claims over 100,000 customers, worldwide. The widespread use of its products, combined with a big presence in new technology sectors has served the company and its investors well. In addition, ADI has been rewarding investors with dividends and share buybacks -- to the tune of $340 million last quarter. * 7 Great Biotech Stocks to Buy and Hold Now ADI stock is up 85% over the past five years, and has even managed to stay afloat in 2020. Broadcom (AVGO)Source: Sasima / Shutterstock.com Finally, another instantly recognizable semiconductor giant: Broadcom. The Singapore-based company is known for its presence in the data center and network infrastructure sectors. While other tech companies have taken a hit from the coronavirus pandemic, the move to working from home has boosted Broadcom's balance sheet. In its most recent quarter, earnings of $5.74 billion were up 4% year-over-year.Broadcom is not content to sit on its own semiconductor IP. Acquisitions are a key part of its strategy. It even took a shot at purchasing Qualcomm (NASAQ:QCOM) at the height of that company's fight with Apple. The proposed $117 billion deal would have been the biggest ever tech merger. However, in 2018, President Trump blocked it, citing security concerns.The company moved on quickly. In 2019, Broadcom snapped up enterprise security provider Symantec, for $10.7 billion. The move bolstered Broadcom's cloud offerings and helped to diversify from its reliance on hardware.AVGO stock is still down slightly for 2020, but it's well on the path of recovery. With 126% growth over the past five years and a proven track record of thinking big, Broadcom is a winner among semiconductor stocks.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post The 7 Best Semiconductor Stocks on the Market Now appeared first on InvestorPlace.

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  • The 5 Best 5G Stocks on the Market Today for Investors
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    Just a few months ago, 5G was the market catalyst on every investor's mind. But when the novel coronavirus started to grab the headlines, the promise of a revamped mobile network took a backseat. To be sure, coronavirus news appears to be leading the charge when it comes to movement on the stock market. That being said, however, choosing a few 5G stocks to buy during this downturn is a good way to hedge for the future. The beneficiaries in the 5G space come from many different areas. From network providers to chipmakers, there are a lot of sectors that look poised to profit from the introduction of 5G. * 7 Red-Hot Vaccine Stocks Racing to Develop a Coronavirus Cure With all of that in mind, here's a look at five companies that should ride the 5G wave this year:InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Skyworks Solutions (NASDAQ:SWKS) * AT&T (NYSE:T) * Nokia (NYSE:NOK) * Crown Castle (NYSE:CCI) * Apple (NASDAQ: AAPL)So, let's dive in. 5G Stocks to Buy: Skyworks Solutions (SWKS)Source: madamF / Shutterstock.com One of my favorite picks for 5G is Skyworks Solutions, a semiconductor firm headquartered in Irvine, California.The firm suffered some coronavirus-related pain when it released its fiscal second-quarter results. Like the rest of its peers, management had to downshift its expectations for the current quarter and was unable to offer long-term predictions.However, Skyworks Solutions does in fact have a bright long-term future. While tension between the U.S. and China does offer a potential roadblock, Skyworks' business with Huawei has been hurt by the trade war which could continue to weigh on the firm's future revenue. That said, if Skyworks is able to secure a deal with Samsung to supply the phone maker with 5G chips, it could help offset some of the Huawei pain. Additionally, Skyworks also has a solid relationship with Apple, which should continue to pay off as the firm rolls out new iPhone versions. Plus, Skyworks is carrying no long-term debt and has cultivated a sound cash pile. That's going to be essential for the firm to get through the coronavirus crisis during the current quarter, and makes SWKS stock a much safer investment than some of its heavily-leveraged peers. AT&T (T)Source: Lester Balajadia / Shutterstock.com Another beneficiary of the 5G revolutions is T stock. AT&T has an impressive future plan that could put the telecom giant at the top of the pack if management is able to execute. The firm's wireless business has been booming, even offering a revenue increase in the first quarter despite the pandemic. As far as future growth, the firm is banking on a huge 5G rollout this summer, at which time current customers are likely to buy new devices in order to access the faster speeds. Plus, AT&T is finally putting its strategic acquisitions to good use with a new streaming service -HBO Max -- that launched this past Wednesday.Moreover, the firm has said 5G is "transforming the future" -- likely a nod to the firm's extensive plans to create an ecosystem in which customers can bundle their streaming service together with their wireless network. The advertising potential from that kind of ecosystem is incredible. * 7 Low-Rated Stocks to Sell Before They Drag You Down So while AT&T offers a compelling buy-case, it's important to note that the firm is highly leveraged after the past few years of transforming itself. In turn, this is not the best-case scenario when you're marching into a stark economic downturn. However, if you're willing to take on that risk, T stock looks like one of the best 5G stocks to buy. Nokia (NOK)Source: RistoH / Shutterstock.com Nokia has had a rough year, as the firm muddled its way through the U.S.-China trade war and was then hit once again by the coronavirus pandemic. It's been a long time since investors were confident in the direction of NOK stock. But with the introduction of 5G on the horizon, Nokia looks like it could be a winning supplier.Nokia's first-quarter results were impressive, as the firm brokered 70 commercial 5G deals and installed 21 live networks. What's more, the firm didn't see demand wane at all in Q1 despite the challenges presented by coronavirus. Q2 is a different story, though, as CEO Rajeev Suri cautioned that the large-scale shutdowns would have an impact on the company's results. However, it's expected to make a solid recovery and finish the year strong.Moreover, Raymond James analyst Simon Leopold says Nokia offers the potential of better returns because of its depressed share price. Although, he admitted it's not quite as safe as competitors like LM Ericsson (NASDAQ:ERIC):"I do think that Ericsson has executed better and is ahead in technology and therefore is a better company for 5G. Nokia has made mistakes, and they've upset customers and they're behind. That said, I think an investor can make a bigger return investing in Nokia than in Ericsson…But we like both of these companies because of the 5G theme."That said, Leopold gives NOK stock a $5.50 price target -- suggesting a nearly 40% upside from where shares are trading today. Crown Castle (CCI)Source: Casimiro PT / Shutterstock.com Tower REITs that rent out the infrastructure and space that wireless firms need to roll out a new network are another way to capitalize on 5G stocks. And while there are a few players in the industry, Crown Castle has a compelling value proposition because of its position in the U.S. market.Oppenheimer's Timothy Horan named CCI stock as a good 5G pick, fining the firm an "outperform" rating with a $175 price target. Horan noted that CCI is uniquely positioned because of the firm's focus on small cells, which are able to support more data. * 3 Social Media Stocks to Trade Out of the Covid-19 Crisis He sees the market for small cells growing from 100,000 to 1 million in the US, a compelling reason to consider CCI stock:"We expect small cells will eventually cover half the U.S. population, or 160 million people. This would be more than 1 million small cells in the U.S., up from about 100,000 today and about 250,000 macro cell sites." Apple (AAPL)Source: View Apart / Shutterstock.com Buying Apple stock isn't exactly a pure-play on the 5G revolution, but it offers investors a way to play the trend without jumping in headfirst. Apple stands to make a lot of money in the coming years as people upgrade their devices in order to make them 5G compatible. That said, Apple's upcoming iPhone model is expected to see a surge in demand as early adopters switch out their phones.Additionally, Apple has created a recurring revenue model that allows people to pay a subscription fee in order to continuously upgrade their phones. This method is a good way to ensure there's always money coming through the door. And with that, the leap from 4G to 5G is going to be a compelling reason for more people to sign up for the program.However, if 5G isn't the boom investors are expecting it to be, Apple is a safe pick because of its solid business and iron-clad financials. The company has enough cash to get through almost anything, which should give investors some comfort during uncertain times. Therefore, it makes the cut among 5G stocks because the new network will offer a powerful incentive for users to upgrade their phones over the next few quarters.Laura Hoy has a Finance degree from Duquesne University and has been writing about financial markets for the past 8 years. Her work can be seen in a variety of publications including InvestorPlace, Benzinga, Yahoo Finance and CCN. As of this writing she did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * The Huge Story for 2020 & Beyond That You Aren't Hearing About * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * The 1 Stock All Retirees Must Own The post The 5 Best 5G Stocks on the Market Today for Investors appeared first on InvestorPlace.

  • Skyworks to Present at BofA Securities 2020 Global Technology Conference
    Business Wire

    Skyworks to Present at BofA Securities 2020 Global Technology Conference

    Skyworks to Present at BofA Securities 2020 Global Technology Conference

  • 3 Top 5G Semiconductor Stock Picks From BofA
    Benzinga

    3 Top 5G Semiconductor Stock Picks From BofA

    The rollout of 5G wireless networks around the world is one of the biggest potential stock market catalysts in the coming years -- especially for semiconductor stocks. Some companies will certainly benefit from the 5G network boom more than others.BofA Securities analyst Vivek Arya said this week that radio frequency chip makers will be some of the biggest 5G winners. Arya estimates that 5G devices will average between $15 and $16 in RF content per device, up from just $9 per 4G device.How To Play 5G With RF Names BofA is forecasting 14% compound annual revenue growth for the RF industry from 2020 through 2022 after the industry flatlined at around $12.5 billion annually over the past three years.About 650 million 5G phone shipments are expected in 2022, up from 170 million this year, the analyst said. Skyworks Solutions Inc (NASDAQ: SWKS), Qorvo Inc (NASDAQ: QRVO) and QUALCOMM, Inc. (NASDAQ: QCOM) are particularly well-positioned given their relationships with suppliers, he said. "Separately, SWKS benefits from strong positioning in IoT markets; QRVO strength in infrastructure, and AVGO strength in networking/compute/software." Initial 5G launches in China have been solid, Arya said. While bears argue that 5G devices lack "must-have" features, commercial momentum will drive mainstream adoption over time, the analyst said. Bank of America has Buy ratings on all three stocks mentioned, The firm has a $140 target for Skyworks, a $120 price target for Qorvo and a $100 target for Qualcomm.Benzinga's Take 5G phones will likely follow the same successful upgrade template that has worked repeatedly in the tech world for decades. 5G phones will initially be a novelty, but they will soon be the universal standard as 4G phones are slowly phased out over time.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Related Links:Here's How Long It Took Nvidia To Reach A 0B Market Cap Nvidia Analyst Says New, Ampere-Based Data Center GPU Makes Chipmaker 'Unassailable'Latest Ratings for SWKS DateFirmActionFromTo May 2020UBSMaintainsNeutral May 2020JP MorganMaintainsNeutral May 2020Wells FargoMaintainsOverweight View More Analyst Ratings for SWKS View the Latest Analyst RatingsSee more from Benzinga * Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios * Goldman Turns Bearish On Apple, Qualcomm, Projects 36% Drop In Q2 iPhone Sales * 10 Stocks To Buy With Low Debt And High Liquidity(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Thomson Reuters StreetEvents

    Edited Transcript of SWKS earnings conference call or presentation 4-May-20 8:30pm GMT

    Q2 2020 Skyworks Solutions Inc Earnings Call

  • Barrons.com

    5G Is Still Coming Despite Covid-19. These Are the Stocks Set to Benefit First.

    Investors should temper their expectations about the next wave of wireless service. Here are the stocks that are likely to benefit first.