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Skyworks Plunges 21% in 6 Months: Buy, Sell or Hold the Stock?
SWKSSkyworks(SWKS) ZACKS·2025-01-22 03:16

Skyworks (SWKS) shares have declined 20.9% in the trailing six months, underperforming the broader Zacks Computer and Technology sector’s return of 6.7%.SWKS's underperformance can be attributed to high inventory levels in traditional data center and wireless infrastructure segments, which have delayed recovery. Subdued global demand in the automotive and industrial markets, along with increased competition and excess inventory, further pressurized the company's top-line growth.Skyworks' significant relianc ...