SWKS Earnings

SWKS reported its earnings on 2026-05-05, showcasing a revenue of 943.70M against an estimate of 900.10M, resulting in a 4.84% surprise. The EPS was 1.15, surpassing the expected 1.04 by 10.58%. The stock experienced a -10.47% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following SWKS's earnings announcement on 2026-05-05, the stock price moved by -10.47% on the day of the release. Over the subsequent five days, it saw a 0% change. Historically, SWKS's stock price tends to shift by an average of -1.26% in the 10 days leading up to earnings and -2.25% in the 10 days following, providing insight into potential market.

For 2026/Q3, analysts estimate SWKS's annual revenue to reach 839.87M, while the EPS is projected at 0.87. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SWKS's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SWKS's stock price typically moves by -1.26% in the 10 days before its earnings and -2.25% in the 10 days after. For the upcoming 2026/Q3 earnings, analysts expect an EPS of 0.87 and revenue of 839.87M.

The earnings call reflects a negative sentiment due to a year-over-year decline in revenue, gross margin, operating income, and net income. The smartphone market's weaker demand and higher input costs are concerning. Additionally, the lack of discussion on strategic initiatives and operational updates, coupled with the acknowledgment of risks in forward-looking statements, further contributes to a negative outlook. The absence of positive catalysts or strategic plans in the call suggests a likely negative stock price movement.