SWKS

Amid the sharp correction in AI stocks, investors question what to do next.

Skyworks (SWKS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

A quarter that beat on both lines wasn't enough to shield Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) from a steep selloff, because a soft profit outlook and a shrinking handset business drew more attention than the results.

HTO, SWKS, OMCL, CR and EXPD have been added to the Zacks Rank #1 (Strong Buy) List on November 5, 2026.

A rally that carried Skyworks Solutions (NASDAQ:SWKS | SWKS Price Prediction) well ahead of its smartphone chip peers this year is facing its first real test since the company closed its Qorvo combination. Skyworks shares recently changed hands at $81.

SWKS beats fiscal Q4 earnings and revenue estimates despite yearly declines, as data center growth, premium smartphone demand and the Qorvo deal shape its outlook.

Block (XYZ) leaning more into AI is having a positive impact on earnings, as Diane King Hall points to the metric giving the company an edge in Wednesday's early trading action. A slide in comp.

Skyworks Solutions, Inc. faces a sharp post-earnings selloff after weak combined guidance post-Qorvo merger, yet the market reaction may be overly pessimistic. SWKS's Android smartphone exposure is bottoming and set to shrink below 10% of the smartphone business, limiting further downside from this segment. Apple-related business is outperforming expectations, and Diversified Growth Markets, now nearly 40% of revenue, are growing double digits but remain supply-constrained.

Skyworks Solutions NASDAQ: SWKS reported fourth-quarter fiscal 2026 results as a standalone company and outlined its first outlook as a combined business following the October 5 closing of its acquisition of Qorvo.

Creates a Full-Stack RF Front-End Platform for Next-Generation Smartphones Expands Reach Across Four Secular Growth Markets – Physical AI, Defense, Infrastructure, and Automotive Broadens Technology Portfolio with RF GaN, Low-Voltage Power and Wired Broadband Targets $500 Million or More of Annual Cost Synergies Skyworks Standalone Revenue of $1.046 Billion, GAAP Diluted EPS of $0.15 and Non-GAAP Diluted EPS of $1.28 IRVINE, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc. (Nasdaq: SWKS), a global leader in high-performance RF, precision timing, power management and mixed-signal solutions, today reported fourth fiscal quarter and fiscal year 2026 results for the period ended Oct. 2, 2026.