Barclays analyst Tom O’Malley has revised his price target for Skyworks Solutions (SWKS, Financial), reducing it from $55 to $45. The change accompanies an ongoing Underweight rating on the company's stock.
This adjustment by Barclays reflects an updated assessment of the semiconductor and semiconductor capital equipment sectors, taking into consideration potential impacts from tariffs and the broader trade war as the company approaches its first quarter earnings report.
The price target cut also factors in reduced target multiples due to perceived risks involving China and consumer markets. Investors in Skyworks Solutions should be mindful of these ongoing geopolitical and market challenges as they could continue to influence stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Skyworks Solutions Inc (SWKS, Financial) is $70.46 with a high estimate of $103.00 and a low estimate of $55.00. The average target implies an upside of 24.09% from the current price of $56.78. More detailed estimate data can be found on the Skyworks Solutions Inc (SWKS) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Skyworks Solutions Inc's (SWKS, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Skyworks Solutions Inc (SWKS, Financial) in one year is $78.46, suggesting a upside of 38.18% from the current price of $56.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Skyworks Solutions Inc (SWKS) Summary page.
