{ "run": { "id": "cmnr157my06cap658ybcl4bdo", "region": "US", "assetId": "cmnr157lo06c6p658910adq0u", "ticker": "SWKS", "snapshotId": "cmnr157mj06c8p6582wy4kn2x", "promptTemplateId": "cmnqt07si0005lm3jzpxuu1ux", "createdAt": "2026-04-09T05:21:53.383Z", "promptTemplate": { "id": "cmnqt07si0005lm3jzpxuu1ux", "name": "Oficial 08.apr.2026", "version": 1 }, "snapshot": { "id": "cmnr157mj06c8p6582wy4kn2x", "assetId": "cmnr157lo06c6p658910adq0u", "asOf": "2026-04-08T20:00:00.000Z", "snapshot": { "asOf": "2026-04-08T20:00:00.000Z", "quote": { "asOf": "2026-04-08T20:00:00.000Z", "open": 56.26, "price": 56.54, "dayLow": 55.35, "volume": 3612460, "dayHigh": 56.64, "currency": "USD", "prevClose": 55.06, "week52Low": 47.93, "week52High": 90.9 }, "fundamentals": { "pe": 15.9789303079417, "beta": 1.44688695761614, "epsTTM": 6.17, "fcfTTM": 1683300000, "growth": { "epsYoy": -0.3970826580226904, "revenueYoy": 0.07295336787564767 }, "sector": "Semiconductors & Related Devices", "margins": { "net": 0.07649217693644968, "gross": 0.4125941665056983, "operating": 0.1002511106818621 }, "website": "https://www.skyworksinc.com/", "industry": "Semiconductors", "pegRatio": -0.746634541174655, "ebitdaTTM": 1663900000, "forwardPe": 19.1436893203883, "marketCap": 9800000000, "totalCash": 1550400000, "totalDebt": 996200000, "debtEquity": 0.212454995314581, "quickRatio": 1.511274131274131, "revenueTTM": 1035400000, "companyName": "SKYWORKS SOLUTIONS, INC.", "priceToBook": 2.58359708682, "currentRatio": 2.396138996138996, "dividendYield": 0.0257838789160539, "returnOnAssets": 0.01006621843185602, "returnOnEquity": 0.161572985680701, "analystOpinions": null, "businessSummary": "Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. The company's shares are listed on the Nasdaq Global Select Market under the ticker symbol SWKS and is a constituent of the S&P 500.", "enterpriseValue": 16288746000, "analystTargetLow": null, "analystTargetHigh": null, "analystTargetMean": null, "fullTimeEmployees": 10000, "sharesOutstanding": 150373612, "enterpriseToEbitda": 9.789498166957149, "analystTargetMedian": null, "enterpriseToRevenue": 15.73183890283948, "operatingCashflowTTM": 395500000, "analystRecommendationKey": null } }, "createdAt": "2026-04-09T05:21:53.371Z" }, "results": [ { "id": "cmnr157n106ccp658fzflkjah", "runId": "cmnr157my06cap658ybcl4bdo", "modelId": "anthropic", "status": "SUCCESS", "rawOutput": "{\"model\":\"ai-equity-research-v1\",\"as_of\":\"2026-04-08T20:00:00.000Z\",\"ticker\":\"SWKS\",\"currency\":\"USD\",\"current_price\":56.54,\"target_price_6m\":60.0,\"target_price_12m\":63.0,\"recommendation\":\"BUY\",\"confidence\":0.55,\"thesis_bullets\":[\"Valuation compressed near trough; PE ~16x with solid balance sheet\",\"RF content growth in 5G handsets supports modest revenue recovery\",\"40% YoY EPS decline already priced in at 38% off 52-week high\",\"Healthy FCF and dividend yield (~2.6%) provide downside support\",\"Margin recovery path exists but Apple concentration remains key risk\"],\"key_drivers\":[{\"driver\":\"5G RF content expansion in smartphones\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Apple revenue concentration risk (~50%+ of revenue)\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Cyclical semiconductor inventory correction\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"Automotive and IoT diversification progress\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Gross margin recovery toward mid-40s%\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Share repurchase program supporting EPS\",\"impact\":\"LOW\",\"direction\":\"POS\"},{\"driver\":\"Competitive pressure from Qualcomm integrated modems\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Macro/tariff headwinds on consumer electronics demand\",\"impact\":\"MED\",\"direction\":\"NEG\"}],\"risks\":[\"Apple modem insourcing could structurally reduce Skyworks content share\",\"Prolonged semiconductor cycle downturn compresses margins further\",\"Trade restrictions with China impact supply chain and demand\",\"Failure to diversify beyond mobile depresses long-term multiple\",\"Competitive RF solutions from Qualcomm and MediaTek erode pricing\"],\"assumptions\":{\"revenue_cagr_3y\":0.05,\"ebit_margin_target\":0.18,\"wacc\":0.105,\"terminal_multiple\":15.0},\"scenarios\":{\"bear\":{\"target_price\":44.0,\"prob\":0.2,\"notes\":\"Apple modem insourcing accelerates; margins stay depressed below 10% operating.\"},\"base\":{\"target_price\":63.0,\"prob\":0.55,\"notes\":\"Modest revenue recovery with margin normalization; PE re-rates to ~16-17x.\"},\"bull\":{\"target_price\":80.0,\"prob\":0.25,\"notes\":\"Strong 5G upgrade cycle plus IoT/auto diversification drives earnings inflection.\"}},\"method_notes\":\"Blended PE and EV/EBITDA approach. Used normalized EPS of ~$3.80-4.20 on 15-17x forward PE for base case. Snapshot data inconsistencies noted (revenueTTM vs EBITDA/FCF suggest quarterly vs annual mismatch); relied on PE and EPS as primary anchors. Sell-side targets noted but not used as inputs. Confidence moderate given cyclical uncertainty and Apple dependency. Not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "ai-equity-research-v1", "risks": [ "Apple modem insourcing could structurally reduce Skyworks content share", "Prolonged semiconductor cycle downturn compresses margins further", "Trade restrictions with China impact supply chain and demand", "Failure to diversify beyond mobile depresses long-term multiple", "Competitive RF solutions from Qualcomm and MediaTek erode pricing" ], "ticker": "SWKS", "currency": "USD", "scenarios": { "base": { "prob": 0.55, "notes": "Modest revenue recovery with margin normalization; PE re-rates to ~16-17x.", "target_price": 63 }, "bear": { "prob": 0.2, "notes": "Apple modem insourcing accelerates; margins stay depressed below 10% operating.", "target_price": 44 }, "bull": { "prob": 0.25, "notes": "Strong 5G upgrade cycle plus IoT/auto diversification drives earnings inflection.", "target_price": 80 } }, "confidence": 0.55, "assumptions": { "wacc": 0.105, "revenue_cagr_3y": 0.05, "terminal_multiple": 15, "ebit_margin_target": 0.18 }, "key_drivers": [ { "driver": "5G RF content expansion in smartphones", "impact": "HIGH", "direction": "POS" }, { "driver": "Apple revenue concentration risk (~50%+ of revenue)", "impact": "HIGH", "direction": "NEG" }, { "driver": "Cyclical semiconductor inventory correction", "impact": "HIGH", "direction": "NEG" }, { "driver": "Automotive and IoT diversification progress", "impact": "MED", "direction": "POS" }, { "driver": "Gross margin recovery toward mid-40s%", "impact": "MED", "direction": "POS" }, { "driver": "Share repurchase program supporting EPS", "impact": "LOW", "direction": "POS" }, { "driver": "Competitive pressure from Qualcomm integrated modems", "impact": "MED", "direction": "NEG" }, { "driver": "Macro/tariff headwinds on consumer electronics demand", "impact": "MED", "direction": "NEG" } ], "method_notes": "Blended PE and EV/EBITDA approach. Used normalized EPS of ~$3.80-4.20 on 15-17x forward PE for base case. Snapshot data inconsistencies noted (revenueTTM vs EBITDA/FCF suggest quarterly vs annual mismatch); relied on PE and EPS as primary anchors. Sell-side targets noted but not used as inputs. Confidence moderate given cyclical uncertainty and Apple dependency. Not investment advice.", "current_price": 56.54, "recommendation": "BUY", "thesis_bullets": [ "Valuation compressed near trough; PE ~16x with solid balance sheet", "RF content growth in 5G handsets supports modest revenue recovery", "40% YoY EPS decline already priced in at 38% off 52-week high", "Healthy FCF and dividend yield (~2.6%) provide downside support", "Margin recovery path exists but Apple concentration remains key risk" ], "target_price_6m": 60, "target_price_12m": 63 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "anthropic", "webSearch": { "enabled": false, "maxToolCalls": 2, "disabledReason": null }, "pauseTurns": 0, "stopReason": "end_turn" }, "sanityIssues": [] }, "latencyMs": 39918, "createdAt": "2026-04-09T05:21:53.383Z", "usage": { "inputTokens": 3585, "outputTokens": 1810, "costUsd": 0.063175 } }, { "id": "cmnr157n106cfp658rne2glrk", "runId": "cmnr157my06cap658ybcl4bdo", "modelId": "deepseek.reasoner", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"AI Equity Research Model V1\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"SWKS\",\n \"currency\": \"USD\",\n \"current_price\": 56.54,\n \"target_price_6m\": 60.0,\n \"target_price_12m\": 65.0,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.65,\n \"thesis_bullets\": [\n \"Moderate growth driven by 5G and IoT demand.\",\n \"Potential for operating margin improvement.\",\n \"Strong balance sheet with low debt levels.\",\n \"Exposure to cyclical semiconductor industry trends.\",\n \"Valuation appears reasonable versus peers.\"\n ],\n \"key_drivers\": [\n { \"driver\": \"5G adoption rates\", \"impact\": \"HIGH\", \"direction\": \"POS\" },\n { \"driver\": \"IoT market expansion\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Competitive intensity\", \"impact\": \"HIGH\", \"direction\": \"NEG\" },\n { \"driver\": \"Customer concentration risk\", \"impact\": \"MED\", \"direction\": \"NEG\" },\n { \"driver\": \"Gross margin stability\", \"impact\": \"MED\", \"direction\": \"POS\" },\n { \"driver\": \"Macroeconomic cycles\", \"impact\": \"HIGH\", \"direction\": \"NEG\" },\n { \"driver\": \"Innovation in RF technology\", \"impact\": \"MED\", \"direction\": \"POS\" }\n ],\n \"risks\": [\"Industry cyclicality\", \"Supply chain disruptions\", \"Regulatory changes\", \"Technology obsolescence\"],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.08,\n \"ebit_margin_target\": 0.12,\n \"wacc\": 0.09,\n \"terminal_multiple\": 10.0\n },\n \"scenarios\": {\n \"bear\": { \"target_price\": 50.0, \"prob\": 0.2, \"notes\": \"Slower growth and margin compression.\" },\n \"base\": { \"target_price\": 65.0, \"prob\": 0.6, \"notes\": \"Steady execution on growth and margins.\" },\n \"bull\": { \"target_price\": 80.0, \"prob\": 0.2, \"notes\": \"Accelerated adoption in new markets.\" }\n },\n \"method_notes\": \"DCF based on assumed growth and margins; BUY due to ~15% upside. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "AI Equity Research Model V1", "risks": [ "Industry cyclicality", "Supply chain disruptions", "Regulatory changes", "Technology obsolescence" ], "ticker": "SWKS", "currency": "USD", "scenarios": { "base": { "prob": 0.6, "notes": "Steady execution on growth and margins.", "target_price": 65 }, "bear": { "prob": 0.2, "notes": "Slower growth and margin compression.", "target_price": 50 }, "bull": { "prob": 0.2, "notes": "Accelerated adoption in new markets.", "target_price": 80 } }, "confidence": 0.65, "assumptions": { "wacc": 0.09, "revenue_cagr_3y": 0.08, "terminal_multiple": 10, "ebit_margin_target": 0.12 }, "key_drivers": [ { "driver": "5G adoption rates", "impact": "HIGH", "direction": "POS" }, { "driver": "IoT market expansion", "impact": "MED", "direction": "POS" }, { "driver": "Competitive intensity", "impact": "HIGH", "direction": "NEG" }, { "driver": "Customer concentration risk", "impact": "MED", "direction": "NEG" }, { "driver": "Gross margin stability", "impact": "MED", "direction": "POS" }, { "driver": "Macroeconomic cycles", "impact": "HIGH", "direction": "NEG" }, { "driver": "Innovation in RF technology", "impact": "MED", "direction": "POS" } ], "method_notes": "DCF based on assumed growth and margins; BUY due to ~15% upside. Not investment advice.", "current_price": 56.54, "recommendation": "BUY", "thesis_bullets": [ "Moderate growth driven by 5G and IoT demand.", "Potential for operating margin improvement.", "Strong balance sheet with low debt levels.", "Exposure to cyclical semiconductor industry trends.", "Valuation appears reasonable versus peers." ], "target_price_6m": 60, "target_price_12m": 65 }, "errorsJson": { "attempts": [], "providerMeta": { "endpoint": "https://api.deepseek.com/v1/chat/completions", "provider": "deepseek", "webSearch": { "enabled": false, "supported": false }, "responseFormat": "json_object" }, "sanityIssues": [] }, "latencyMs": 419, "createdAt": "2026-04-09T05:21:53.383Z", "usage": { "inputTokens": 2094, "outputTokens": 4069, "costUsd": 0.002295 } }, { "id": "cmnr157n106cdp658zofl7z25", "runId": "cmnr157my06cap658ybcl4bdo", "modelId": "gemini.3-pro", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"AI Model Recommendation\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"SWKS\",\n \"currency\": \"USD\",\n \"current_price\": 56.54,\n \"target_price_6m\": 56.00,\n \"target_price_12m\": 58.00,\n \"recommendation\": \"HOLD\",\n \"confidence\": 0.65,\n \"thesis_bullets\": [\n \"Heavy reliance on Apple creates significant customer concentration risk for future revenue.\",\n \"Smartphone market maturity limits top-line growth acceleration potential in the near term.\",\n \"EPS declined 39.7% YoY, reflecting margin compression and a weaker product mix.\",\n \"Strong FCF generation ($1.68B TTM) provides downside support and funds the dividend.\",\n \"Forward P/E of 19.1x appears stretched given near-term earnings headwinds and cyclicality.\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"Apple iPhone cycle demand\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Gross margin compression\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Broad markets and IoT growth\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"5G RF content per device\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"China smartphone market recovery\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"R&D intensity for next-gen RF\",\n \"impact\": \"LOW\",\n \"direction\": \"NEG\"\n }\n ],\n \"risks\": [\n \"Apple aggressively insourcing RF components or modem development.\",\n \"Prolonged downturn or stagnation in global smartphone shipments.\",\n \"Intensifying competition from Qualcomm and Broadcom in the premium tier.\",\n \"Geopolitical tensions affecting sales and supply chains in China.\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.04,\n \"ebit_margin_target\": 0.22,\n \"wacc\": 0.105,\n \"terminal_multiple\": 13.0\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 45.00,\n \"prob\": 0.3,\n \"notes\": \"Apple insources RF aggressively, causing severe margin and revenue contraction.\"\n },\n \"base\": {\n \"target_price\": 58.00,\n \"prob\": 0.5,\n \"notes\": \"Modest smartphone recovery and stable Apple share support a 14x normalized P/E.\"\n },\n \"bull\": {\n \"target_price\": 75.00,\n \"prob\": 0.2,\n \"notes\": \"Strong 5G upgrade cycle and rapid IoT expansion drive multiple expansion.\"\n }\n },\n \"method_notes\": \"Valuation based on a blended 10-year DCF and 14x forward P/E multiple. The HOLD recommendation reflects mixed evidence: strong FCF offsets high Apple concentration and a stretched 19.1x forward P/E. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "AI Model Recommendation", "risks": [ "Apple aggressively insourcing RF components or modem development.", "Prolonged downturn or stagnation in global smartphone shipments.", "Intensifying competition from Qualcomm and Broadcom in the premium tier.", "Geopolitical tensions affecting sales and supply chains in China." ], "ticker": "SWKS", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Modest smartphone recovery and stable Apple share support a 14x normalized P/E.", "target_price": 58 }, "bear": { "prob": 0.3, "notes": "Apple insources RF aggressively, causing severe margin and revenue contraction.", "target_price": 45 }, "bull": { "prob": 0.2, "notes": "Strong 5G upgrade cycle and rapid IoT expansion drive multiple expansion.", "target_price": 75 } }, "confidence": 0.65, "assumptions": { "wacc": 0.105, "revenue_cagr_3y": 0.04, "terminal_multiple": 13, "ebit_margin_target": 0.22 }, "key_drivers": [ { "driver": "Apple iPhone cycle demand", "impact": "HIGH", "direction": "POS" }, { "driver": "Gross margin compression", "impact": "HIGH", "direction": "NEG" }, { "driver": "Broad markets and IoT growth", "impact": "MED", "direction": "POS" }, { "driver": "5G RF content per device", "impact": "MED", "direction": "POS" }, { "driver": "China smartphone market recovery", "impact": "MED", "direction": "POS" }, { "driver": "R&D intensity for next-gen RF", "impact": "LOW", "direction": "NEG" } ], "method_notes": "Valuation based on a blended 10-year DCF and 14x forward P/E multiple. The HOLD recommendation reflects mixed evidence: strong FCF offsets high Apple concentration and a stretched 19.1x forward P/E. Not investment advice.", "current_price": 56.54, "recommendation": "HOLD", "thesis_bullets": [ "Heavy reliance on Apple creates significant customer concentration risk for future revenue.", "Smartphone market maturity limits top-line growth acceleration potential in the near term.", "EPS declined 39.7% YoY, reflecting margin compression and a weaker product mix.", "Strong FCF generation ($1.68B TTM) provides downside support and funds the dividend.", "Forward P/E of 19.1x appears stretched given near-term earnings headwinds and cyclicality." ], "target_price_6m": 56, "target_price_12m": 58 }, "errorsJson": { "attempts": [], "providerMeta": { "model": "gemini-3-pro-preview", "provider": "gemini", "webSearch": { "used": false, "allowed": false, "enabled": false, "requested": false, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 28710, "createdAt": "2026-04-09T05:21:53.383Z", "usage": { "inputTokens": 2450, "outputTokens": 838, "costUsd": 0.014956 } }, { "id": "cmnr157n106cbp65862t3hdzs", "runId": "cmnr157my06cap658ybcl4bdo", "modelId": "openai.gpt-5.4", "status": "SUCCESS", "rawOutput": "{\"model\":\"gpt-5\",\"as_of\":\"2026-04-08T20:00:00.000Z\",\"ticker\":\"SWKS\",\"currency\":\"USD\",\"current_price\":56.54,\"target_price_6m\":58.3,\"target_price_12m\":59.2,\"recommendation\":\"HOLD\",\"confidence\":0.62,\"thesis_bullets\":[\"Mobile RF demand is stabilizing, but handset exposure still limits rerating.\",\"Strong free cash flow and net cash provide downside support.\",\"Margins appear cyclically depressed, allowing some normalization upside.\",\"Customer concentration and Android weakness remain material structural risks.\",\"At ~16x trailing EPS, valuation looks roughly fair today.\"],\"key_drivers\":[{\"driver\":\"Smartphone RF content recovery\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Apple socket stability\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Gross margin normalization\",\"impact\":\"HIGH\",\"direction\":\"POS\"},{\"driver\":\"Automotive and IoT mix\",\"impact\":\"MED\",\"direction\":\"POS\"},{\"driver\":\"Customer concentration\",\"impact\":\"HIGH\",\"direction\":\"NEG\"},{\"driver\":\"China handset demand\",\"impact\":\"MED\",\"direction\":\"NEG\"},{\"driver\":\"Capital returns and dividend\",\"impact\":\"LOW\",\"direction\":\"POS\"},{\"driver\":\"Semiconductor cycle recovery\",\"impact\":\"MED\",\"direction\":\"POS\"}],\"risks\":[\"Apple insourcing or socket losses\",\"Prolonged Android and China weakness\",\"Pricing pressure compresses margins\",\"Export controls or geopolitical disruption\",\"Execution missteps in diversification\"],\"assumptions\":{\"revenue_cagr_3y\":0.05,\"ebit_margin_target\":0.18,\"wacc\":0.105,\"terminal_multiple\":11},\"scenarios\":{\"bear\":{\"target_price\":45,\"prob\":0.25,\"notes\":\"Handset demand stays soft and margin recovery stalls.\"},\"base\":{\"target_price\":59.2,\"prob\":0.5,\"notes\":\"Mobile demand stabilizes and margins recover modestly.\"},\"bull\":{\"target_price\":72,\"prob\":0.25,\"notes\":\"Content gains and broader cyclical recovery lift earnings.\"}},\"method_notes\":\"Blended normalized EV/EBITDA and FCF framework using snapshot quote fields unchanged. Snapshot fundamentals appear internally inconsistent on revenue/EV-revenue, so EBITDA, cash flow, balance sheet and earnings were weighted more heavily. No sell-side targets used; not investment advice.\"}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "gpt-5", "risks": [ "Apple insourcing or socket losses", "Prolonged Android and China weakness", "Pricing pressure compresses margins", "Export controls or geopolitical disruption", "Execution missteps in diversification" ], "ticker": "SWKS", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Mobile demand stabilizes and margins recover modestly.", "target_price": 59.2 }, "bear": { "prob": 0.25, "notes": "Handset demand stays soft and margin recovery stalls.", "target_price": 45 }, "bull": { "prob": 0.25, "notes": "Content gains and broader cyclical recovery lift earnings.", "target_price": 72 } }, "confidence": 0.62, "assumptions": { "wacc": 0.105, "revenue_cagr_3y": 0.05, "terminal_multiple": 11, "ebit_margin_target": 0.18 }, "key_drivers": [ { "driver": "Smartphone RF content recovery", "impact": "HIGH", "direction": "POS" }, { "driver": "Apple socket stability", "impact": "HIGH", "direction": "POS" }, { "driver": "Gross margin normalization", "impact": "HIGH", "direction": "POS" }, { "driver": "Automotive and IoT mix", "impact": "MED", "direction": "POS" }, { "driver": "Customer concentration", "impact": "HIGH", "direction": "NEG" }, { "driver": "China handset demand", "impact": "MED", "direction": "NEG" }, { "driver": "Capital returns and dividend", "impact": "LOW", "direction": "POS" }, { "driver": "Semiconductor cycle recovery", "impact": "MED", "direction": "POS" } ], "method_notes": "Blended normalized EV/EBITDA and FCF framework using snapshot quote fields unchanged. Snapshot fundamentals appear internally inconsistent on revenue/EV-revenue, so EBITDA, cash flow, balance sheet and earnings were weighted more heavily. No sell-side targets used; not investment advice.", "current_price": 56.54, "recommendation": "HOLD", "thesis_bullets": [ "Mobile RF demand is stabilizing, but handset exposure still limits rerating.", "Strong free cash flow and net cash provide downside support.", "Margins appear cyclically depressed, allowing some normalization upside.", "Customer concentration and Android weakness remain material structural risks.", "At ~16x trailing EPS, valuation looks roughly fair today." ], "target_price_6m": 58.3, "target_price_12m": 59.2 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "openai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "resp_0bbb05808d0833970069d75d8dc8f0819785ff1963b66d18c5", "reasoningEffort": "medium", "structuredOutputs": { "used": true, "requested": true, "disabledReason": null } }, "sanityIssues": [] }, "latencyMs": 27232, "createdAt": "2026-04-09T05:21:53.383Z", "usage": { "inputTokens": 2364, "outputTokens": 1428, "costUsd": 0.024129 } }, { "id": "cmnr157n106cep6588yrapb80", "runId": "cmnr157my06cap658ybcl4bdo", "modelId": "xai.grok-4.20-reasoning", "status": "SUCCESS", "rawOutput": "{\n \"model\": \"Blended DCF Model\",\n \"as_of\": \"2026-04-08T20:00:00.000Z\",\n \"ticker\": \"SWKS\",\n \"currency\": \"USD\",\n \"current_price\": 56.54,\n \"target_price_6m\": 60,\n \"target_price_12m\": 65,\n \"recommendation\": \"BUY\",\n \"confidence\": 0.6,\n \"thesis_bullets\": [\n \"Revenue growth recovering but EPS declined sharply YOY\",\n \"EV/EBITDA of 10x below historical semiconductor averages\",\n \"Robust free cash flow funds dividends and R&D\",\n \"Cyclical exposure to mobile and industrial end markets\",\n \"Longer-term tailwinds from 5G IoT and AI edge\"\n ],\n \"key_drivers\": [\n {\n \"driver\": \"5G and IoT demand growth\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Mobile handset market weakness\",\n \"impact\": \"HIGH\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"EBIT margin expansion potential\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Intense industry competition\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"New product design wins\",\n \"impact\": \"MED\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Macroeconomic slowdown risks\",\n \"impact\": \"MED\",\n \"direction\": \"NEG\"\n },\n {\n \"driver\": \"Strong balance sheet flexibility\",\n \"impact\": \"LOW\",\n \"direction\": \"POS\"\n },\n {\n \"driver\": \"Inventory cycle normalization\",\n \"impact\": \"HIGH\",\n \"direction\": \"POS\"\n }\n ],\n \"risks\": [\n \"Customer concentration with top smartphone OEMs\",\n \"Geopolitical tensions impacting global supply chains\",\n \"Rapid technological changes requiring heavy R&D\",\n \"Potential semiconductor industry downturn\",\n \"Foreign exchange volatility affecting revenues\"\n ],\n \"assumptions\": {\n \"revenue_cagr_3y\": 0.09,\n \"ebit_margin_target\": 0.18,\n \"wacc\": 0.105,\n \"terminal_multiple\": 14\n },\n \"scenarios\": {\n \"bear\": {\n \"target_price\": 48,\n \"prob\": 0.35,\n \"notes\": \"Prolonged handset weakness and margin erosion.\"\n },\n \"base\": {\n \"target_price\": 65,\n \"prob\": 0.5,\n \"notes\": \"Gradual demand recovery with stable margins.\"\n },\n \"bull\": {\n \"target_price\": 85,\n \"prob\": 0.15,\n \"notes\": \"Accelerated 5G/IoT adoption and share gains.\"\n }\n },\n \"method_notes\": \"DCF valuation using revenue CAGR, target EBIT margin, WACC and terminal EV multiple assumptions. BUY aligns with +15% base case upside amid mixed fundamentals. Not investment advice.\"\n}", "parsedJson": { "as_of": "2026-04-08T20:00:00.000Z", "model": "Blended DCF Model", "risks": [ "Customer concentration with top smartphone OEMs", "Geopolitical tensions impacting global supply chains", "Rapid technological changes requiring heavy R&D", "Potential semiconductor industry downturn", "Foreign exchange volatility affecting revenues" ], "ticker": "SWKS", "currency": "USD", "scenarios": { "base": { "prob": 0.5, "notes": "Gradual demand recovery with stable margins.", "target_price": 65 }, "bear": { "prob": 0.35, "notes": "Prolonged handset weakness and margin erosion.", "target_price": 48 }, "bull": { "prob": 0.15, "notes": "Accelerated 5G/IoT adoption and share gains.", "target_price": 85 } }, "confidence": 0.6, "assumptions": { "wacc": 0.105, "revenue_cagr_3y": 0.09, "terminal_multiple": 14, "ebit_margin_target": 0.18 }, "key_drivers": [ { "driver": "5G and IoT demand growth", "impact": "HIGH", "direction": "POS" }, { "driver": "Mobile handset market weakness", "impact": "HIGH", "direction": "NEG" }, { "driver": "EBIT margin expansion potential", "impact": "MED", "direction": "POS" }, { "driver": "Intense industry competition", "impact": "MED", "direction": "NEG" }, { "driver": "New product design wins", "impact": "MED", "direction": "POS" }, { "driver": "Macroeconomic slowdown risks", "impact": "MED", "direction": "NEG" }, { "driver": "Strong balance sheet flexibility", "impact": "LOW", "direction": "POS" }, { "driver": "Inventory cycle normalization", "impact": "HIGH", "direction": "POS" } ], "method_notes": "DCF valuation using revenue CAGR, target EBIT margin, WACC and terminal EV multiple assumptions. BUY aligns with +15% base case upside amid mixed fundamentals. Not investment advice.", "current_price": 56.54, "recommendation": "BUY", "thesis_bullets": [ "Revenue growth recovering but EPS declined sharply YOY", "EV/EBITDA of 10x below historical semiconductor averages", "Robust free cash flow funds dividends and R&D", "Cyclical exposure to mobile and industrial end markets", "Longer-term tailwinds from 5G IoT and AI edge" ], "target_price_6m": 60, "target_price_12m": 65 }, "errorsJson": { "attempts": [], "providerMeta": { "provider": "xai", "webSearch": { "used": false, "enabled": false, "sources": [], "maxToolCalls": 2 }, "responseId": "0f90c03a-601e-97c7-bc2c-5684b48bd7b6", "usedFallbackChatCompletions": false }, "sanityIssues": [] }, "latencyMs": 22609, "createdAt": "2026-04-09T05:21:53.383Z", "usage": { "inputTokens": 2702, "outputTokens": 4466, "costUsd": 0.075096 } } ] } }