11:10 AM EDT, 10/28/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We up our 12-month target to $90 from $61 on a P/E of 16.4x our CY 2027 EPS view of $5.50. We raise our FY 25 (Sep.) EPS to $5.93 from $5.56, FY 26 to $4.64 from $4.22, and FY 27 to $5.22 from $4.97. SWKS plans to acquire QRVO in a cash-and-stock deal (QRVO investors receive $32.50 in cash and 0.96 of SWKS share for each QRVO share), seen closing in CY 2027. The deal should be immediately accretive (+$500M in cost synergies within 24-36 months), with pro forma revenue of $7.7B ($5.1B in Mobile and $2.6B in diversified Broad Markets) and adj. EBITDA of $2.1B. Starboard (8% shareholder of QRVO), supports the deal. We think the proposed combination has been a long time coming and offers scale benefits, is complementary, and will improve overall dynamics across the RF space. We do have concerns about the transaction receiving all the necessary regulatory approvals (e.g., China). SWKS also offers preliminary Sep-Q revenue of $1.10B and non-GAAP EPS of $1.76, above expectations of $1.0B and $1.41, respectively.