SWKS Should I Buy
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SWKS is not a good buy right now. The stock remains in a clear downtrend (bearish moving-average stack and weakening MACD), hedge funds are aggressively selling, options positioning skews defensive (put-heavy volume), and multiple Wall Street firms have recently cut price targets while staying Neutral. With earnings on 2026-02-03 after hours and sentiment mixed-to-bearish into the event, the risk/reward favors staying on the sidelines rather than buying immediately.
Trend and momentum are bearish. MACD histogram is negative (-0.142) and expanding lower, signaling downside momentum is still building. RSI(6) is 30.34 (near oversold), which can produce short bounces, but it is not a reliable buy signal while trend is down. Moving averages are bearishly aligned (SMA_200 > SMA_20 > SMA_5), confirming a sustained downtrend. Key levels: near-term support S1 ~54.94 (then S2 ~53.10). Price (55.7) is hovering just above support—if it breaks, downside can accelerate. Resistance/pivot is ~57.91; a reclaim/hold above that would be the first technical improvement, with further resistance at ~60.88.
Intellectia Proprietary Trading Signals
Upcoming earnings on 2026-02-03 (after hours) can act as a catalyst if guidance surprises positively. Fiscal 2025/Q4 showed strong YoY growth in revenue (+7.34%), net income (+133.72%), and EPS (+154.05%). Dividend appeal is notable (news cites ~4.7% yield expectation), which can provide some downside support if results stabilize.
with multiple analysts flagging weaker handset/Android dynamics and guidance risk. Sector read-through is mixed: Qorvo’s sharp drop after weak guidance (news 2026-01-
can weigh on RF/front-end sentiment broadly. Hedge fund activity is a major negative: reported selling increased 3267% over the last quarter. Technically, price sits just above support (54.94); a breakdown could trigger another leg lower. Options volume is put-skewed (bearish positioning) into the event.
Latest reported quarter: 2025/Q4. Revenue rose to $1.1002B (+7.34% YoY). Net income increased to $141.4M (+133.72% YoY) and EPS rose to $0.94 (+154.05% YoY), indicating strong profitability rebound off a lower base. However, gross margin declined to 40.66% (-2.98% YoY), which is a key watch item—margin pressure can limit multiple expansion and makes forward guidance especially important this earnings cycle.
Recent Wall Street trend is consistently Neutral with clear price-target compression. In January 2026, several firms cut targets: UBS to $63 (from $80), Susquehanna to $65 (from $75), Mizuho to $60 (from $65 and earlier cuts), and B. Riley to $60 (from $70), all maintaining Neutral. Pros cited: iPhone-related content/tailwinds can support near-term results and valuation can look more reasonable after declines. Cons cited: weaker Android/handset outlook, catalyst path viewed as challenging, and guidance risk. Net: the Street is not positioning this as an immediate upside setup—more a “wait for clarity/better entry” stance.
Influential/political trading check: No recent congress trading data available; insiders are described as Neutral with no significant recent trend.
