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Skyworks Solutions Stockholders Approve Key Proposals

Story Highlights
  • Stockholders elected nine directors and ratified KPMG LLP as auditor.
  • Executive compensation and simple majority vote were approved, but Scope 3 emissions disclosure was rejected.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Skyworks Solutions ( (SWKS) ) has issued an announcement.

At the Annual Meeting, Skyworks Solutions‘ stockholders voted on five proposals. The stockholders elected nine directors to serve until the next annual meeting and ratified KPMG LLP as the independent auditor for the 2025 fiscal year. They approved executive compensation and a proposal for a simple majority vote but rejected a proposal for disclosing Scope 3 greenhouse gas emissions.

The most recent analyst rating on (SWKS) stock is a Sell with a $72.00 price target. To see the full list of analyst forecasts on Skyworks Solutions stock, see the SWKS Stock Forecast page.

Spark’s Take on SWKS Stock

According to Spark, TipRanks’ AI Analyst, SWKS is a Outperform.

Skyworks Solutions has a solid financial foundation but faces challenges in revenue growth and declining margins. The technical indicators suggest bearish momentum, though valuation remains reasonable with a solid dividend yield. The earnings call highlights growth in diversified sectors but also notes challenges with major customers. Addressing these issues could enhance stock performance.

To see Spark’s full report on SWKS stock, click here.

More about Skyworks Solutions

Average Trading Volume: 3,982,325

Technical Sentiment Signal: Sell

Current Market Cap: $10.85B

See more data about SWKS stock on TipRanks’ Stock Analysis page.

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