Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $77.06 Average Target Price from Analysts

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has earned an average rating of “Hold” from the twenty-three research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $77.0556.

Several equities analysts recently commented on the stock. BNP Paribas Exane increased their price objective on shares of Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. Citigroup upped their price target on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. KeyCorp raised their price target on shares of Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. B. Riley Financial boosted their price objective on shares of Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Skyworks Solutions in a research report on Wednesday, May 6th.

View Our Latest Report on SWKS

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SWKS. Quest 10 Wealth Builders Inc. lifted its holdings in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 342 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions during the 2nd quarter worth about $32,000. MUFG Securities EMEA plc acquired a new position in shares of Skyworks Solutions during the 2nd quarter worth about $33,000. Fideuram Asset Management Ireland dac purchased a new position in Skyworks Solutions in the 4th quarter valued at about $29,000. Finally, Sound Income Strategies LLC boosted its holdings in Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 281 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Down 3.5%

NASDAQ:SWKS opened at $59.76 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. Skyworks Solutions has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a 50-day moving average of $71.28 and a 200 day moving average of $63.25. The firm has a market cap of $8.99 billion, a PE ratio of 24.80 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. Skyworks Solutions’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, research analysts anticipate that Skyworks Solutions will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s payout ratio is 117.84%.

About Skyworks Solutions

(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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