Is Wall Street Bullish or Bearish on Skyworks Solutions Stock?

With a market cap of $14.2 billion, Skyworks Solutions, Inc. (SWKS) specializes in high-performance analog and mixed-signal semiconductors that enable wireless connectivity. The Irvine, California-based company’s products serve a range of applications, including automotive, industrial, medical, and smartphone markets, and are distributed globally.

Shares of the wireless chips maker have significantly underperformed the broader market over the past 52 weeks. SWKS has dipped 2.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 35.9%. In 2024, shares of SWKS are down 21.7%, compared to SPX’s 25.8% increase on a YTD basis.