Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) was the target of unusually large options trading on Friday. Stock investors acquired 9,712 call options on the company. This is an increase of approximately 61% compared to the average daily volume of 6,018 call options.
Institutional Investors Weigh In On Skyworks Solutions
A number of hedge funds have recently made changes to their positions in SWKS. Parkside Financial Bank & Trust lifted its position in shares of Skyworks Solutions by 108.4% during the second quarter. Parkside Financial Bank & Trust now owns 396 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 206 shares during the last quarter. Caitlin John LLC purchased a new stake in Skyworks Solutions during the 2nd quarter valued at about $27,000. J.Safra Asset Management Corp acquired a new position in Skyworks Solutions in the 2nd quarter worth approximately $28,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Skyworks Solutions in the second quarter worth $32,000. Finally, MUFG Securities EMEA plc acquired a new stake in Skyworks Solutions during the 2nd quarter worth about $33,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
SWKS has been the topic of a number of research reports. Citigroup dropped their price target on Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. KeyCorp lowered shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 14th. JPMorgan Chase & Co. cut their target price on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. TD Cowen cut their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised Skyworks Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $74.00.
Skyworks Solutions News Summary
Here are the key news stories impacting Skyworks Solutions this week:
- Positive Sentiment: CEO Phil Brace said the Qorvo merger is in its final stages and is expected to close by the end of 2026. Investors appear to be assigning a higher probability to regulatory approval and completion, prompting merger-arbitrage buying. Skyworks Rockets 9.8% on Looming Qorvo Merger Nod
- Positive Sentiment: The stock’s momentum has attracted heavier-than-usual trading, including call-option purchases that were approximately 61% above typical daily volume. This may reflect bullish positioning and could amplify gains if short sellers cover. Skyworks Stock Poised to Be S&P 500’s Best Stock This Week
- Positive Sentiment: Skyworks also benefited from strength in Apple after the launch of its first foldable iPhone. Because Apple is a major customer, investors may be anticipating stronger content or demand for Skyworks’ connectivity components, although the direct financial impact has not been quantified. Apple Advances as First Foldable iPhone Arrives
- Neutral Sentiment: Skyworks recently exceeded quarterly earnings and revenue expectations, but revenue declined year over year. Its valuation has expanded substantially as the stock rallied, increasing the importance of merger execution and future earnings growth.
- Negative Sentiment: Technical commentary warns that the rapid advance may be near a short-term peak. Zacks also noted that current earnings-estimate revisions do not clearly support further gains, creating a risk of profit-taking if merger optimism fades. Strength Seen in Skyworks
- Negative Sentiment: Short interest reached 36.38% of the float as of August 31, according to the reported data. While this supports the possibility of a short squeeze, it also signals substantial bearish positioning and could add volatility if the merger encounters delays or regulatory hurdles. Skyworks Short Interest Rises
Skyworks Solutions Stock Performance
SWKS stock opened at $88.35 on Friday. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $92.30. The business’s fifty day simple moving average is $66.20 and its two-hundred day simple moving average is $65.06. The firm has a market cap of $13.29 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 2.31 and a beta of 1.52. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.05. The company 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 firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Analysts predict that Skyworks Solutions will post 3.64 earnings per share for the current year.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that develops and manufactures analog and mixed-signal products used to connect people, devices and networks. Its portfolio includes radio-frequency (RF) and wireless connectivity components such as amplifiers, attenuators, filters, switches, modulators, front-end modules and integrated solutions.
The company’s products are designed for applications including smartphones and other mobile devices, automotive systems, broadband and wireless infrastructure, industrial equipment, medical devices, smart-home products and the Internet of Things.
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