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Skyworks price target lowered to $75 from $85 at Craig-Hallum
Yahoo Finance· 2026-02-05 14:01
Core Viewpoint - Craig-Hallum has lowered the price target for Skyworks (SWKS) to $75 from $85 while maintaining a Buy rating, indicating confidence in the company's performance despite the target adjustment [1] Group 1: Company Performance - Skyworks has demonstrated strong execution with increased smartphone unit volumes and a favorable mix shift towards higher content, leading to improved results [1] - The company exceeded quarterly expectations and provided guidance above market consensus, particularly in its Broad Markets segment, which continues to experience demand across all end markets [1] Group 2: Future Outlook - Management anticipates that blended mobile content for 2026 will remain flat year-over-year, as they defend key mobile sockets and regain some architectural changes [1] - However, it was noted that mix dynamics could potentially offset overall content growth, suggesting a cautious outlook on future performance [1]