A month has gone by since the last earnings report for Skyworks Solutions (SWKS). Shares have added about 5.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Skyworks due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended upward during the past month.
The consensus estimate has shifted 22.42% due to these changes.
VGM Scores
Currently, Skyworks has a subpar Growth Score of D, however its Momentum Score is doing a lot better with an A. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Skyworks has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Skyworks is part of the Zacks Semiconductors - Radio Frequency industry. Over the past month, Qorvo (QRVO), a stock from the same industry, has gained 8%. The company reported its results for the quarter ended March 2025 more than a month ago.
Qorvo reported revenues of $869.47 million in the last reported quarter, representing a year-over-year change of -7.6%. EPS of $1.42 for the same period compares with $1.39 a year ago.
For the current quarter, Qorvo is expected to post earnings of $0.62 per share, indicating a change of -28.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Qorvo. Also, the stock has a VGM Score of B.
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Qorvo, Inc. (QRVO) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
