Earnings whisper numbers indicate possible upside surprises, keeping "Skyworks stock price" resilient at $112 despite analyst downgrades in some rival chipmakers. Microchip Technology had the weakest performance against analyst estimates and slowest revenue growth in the group. The stock is up 1.1% since the results and currently trades at $94.83. The non-GAAP financial measures presented in the table above should not be considered in isolation and are not an alternative for the respective GAAP financial measure that is most directly comparable to each such non-GAAP financial measure. Investors are cautioned against placing undue reliance on these non-GAAP financial measures and are urged to review and consider carefully the adjustments made by management to the most directly comparable GAAP financial measures to arrive at these non-GAAP financial measures. Non-GAAP financial measures may have limited value as analytical tools because they may exclude certain expenses that some investors consider important in evaluating our operating performance or ongoing business performance. Further, non-GAAP financial measures may have limited value for purposes of drawing comparisons between companies as a result of different companies potentially calculating similarly titled non-GAAP financial measures in different ways because non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Updated analyst targets place "Skyworks stock price" in a $118–$122 range over the next quarter, assuming continued 5G infrastructure spending momentum.
