Starboard sees $SWKS still undervalued after the Qorvo merger, per Bloomberg. The activist case leans on at least $500M in annual cost savings within three years and 30% to 35% operating margins, with

What happened: Starboard Value sees substantial upside in Skyworks Solutions (NASDAQ: SWKS) after its merger with Qorvo, Bloomberg News reported, citing people familiar with the matter. Key numbers: At least $500 million in annual cost savings targeted within three years. Why it matters: Starboard reportedly believes the market has not fully accounted for the merger's potential financial benefits, and investors will likely watch progress on the savings target and margin goals as indicators of whether the deal delivers the value Starboard anticipates.

Starboard Value sees substantial upside in Skyworks Solutions (NASDAQ: SWKS) after its merger with Qorvo, Bloomberg News reported, citing people familiar with the matter.

Starboard reportedly believes the market has not fully accounted for the merger's potential financial benefits, and investors will likely watch progress on the savings target and margin goals as indicators of whether the deal delivers the value Starboard anticipates.