Brokerages Set Skyworks Solutions, Inc. (NASDAQ:SWKS) PT at $69.72

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) have received a consensus recommendation of “Hold” from the twenty-four ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $70.2778.

A number of analysts recently issued reports on SWKS shares. B. Riley Financial decreased their target price on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Craig Hallum decreased their target price on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Royal Bank Of Canada started coverage on Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 target price for the company. Wall Street Zen cut Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Argus raised Skyworks Solutions to a “hold” rating in a research report on Friday, February 6th.

Get Our Latest Research Report on Skyworks Solutions

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after purchasing an additional 389,168 shares during the last quarter. Pzena Investment Management LLC grew its position in Skyworks Solutions by 2.9% during the 4th quarter. Pzena Investment Management LLC now owns 12,626,480 shares of the semiconductor manufacturer’s stock worth $800,645,000 after purchasing an additional 354,318 shares during the last quarter. State Street Corp grew its position in Skyworks Solutions by 1.0% during the 4th quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock worth $418,557,000 after purchasing an additional 64,187 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Skyworks Solutions by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock worth $374,229,000 after purchasing an additional 137,506 shares during the last quarter. Finally, FIL Ltd grew its position in Skyworks Solutions by 50.5% during the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after purchasing an additional 1,742,338 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $61.55 on Tuesday. The stock’s 50-day moving average is $57.11 and its two-hundred day moving average is $63.07. The firm has a market cap of $9.26 billion, a price-to-earnings ratio of 23.67 and a beta of 1.30. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.14. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Analysts predict that Skyworks Solutions will post 3.25 earnings per share for the current year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, February 24th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 109.23%.

Skyworks Solutions Company Profile

(Get Free Report)

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.

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Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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