Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) has earned an average rating of “Hold” from the twenty-four research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $74.00.
Several brokerages have recently commented on SWKS. Stifel Nicolaus lowered their target price on shares of Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. B. Riley Financial boosted their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price target on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. TD Cowen lowered their price objective on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research note on Wednesday, July 29th. Finally, Loop Capital lifted their price objective on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th.
Read Our Latest Stock Report on SWKS
Skyworks Solutions Trading Down 2.3%
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.05. The business had revenue of $934.80 million during the quarter, compared to analysts’ expectations of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. As a group, sell-side analysts anticipate that Skyworks Solutions will post 3.64 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Quest 10 Wealth Builders Inc. grew its stake 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 worth $26,000 after buying an additional 342 shares in the last quarter. Caitlin John LLC acquired a new position in shares of Skyworks Solutions in the 2nd quarter valued at approximately $27,000. AdvisorNet Financial Inc lifted its holdings in shares of Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 257 shares during the period. J.Safra Asset Management Corp bought a new stake in shares of Skyworks Solutions during the 2nd quarter worth approximately $28,000. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of Skyworks Solutions during the 4th quarter worth approximately $29,000. Institutional investors own 85.43% of the company’s stock.
About Skyworks Solutions
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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