Skyworks Solutions (NASDAQ:SWKS – Get Free Report) had its price objective lowered by equities research analysts at Citigroup from $77.00 to $64.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor manufacturer’s stock. Citigroup’s price target would suggest a potential upside of 4.66% from the company’s current price.
A number of other research analysts have also recently issued reports on SWKS. B. Riley Financial lifted their price objective on shares of Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. KeyCorp cut Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. Mizuho reaffirmed an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a report on Monday, April 20th. TD Cowen lifted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Finally, BNP Paribas Exane boosted their price target on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $75.50.
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Skyworks Solutions Price Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company had revenue of $934.80 million during the quarter, compared to analysts’ expectations of $925.97 million. During the same period in the previous year, the company earned $1.33 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities analysts expect that Skyworks Solutions will post 3.62 EPS for the current fiscal year.
Institutional Trading of Skyworks Solutions
A number of hedge funds have recently made changes to their positions in SWKS. Quest 10 Wealth Builders Inc. boosted its stake in shares of Skyworks Solutions by 488.6% in the 4th 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 during the last quarter. Sound Income Strategies LLC raised its stake in Skyworks Solutions by 137.1% during the fourth 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. AdvisorNet Financial Inc raised its stake in Skyworks Solutions by 93.8% during the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 257 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions in the fourth quarter valued at $29,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions in the second quarter valued at $32,000. 85.43% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Skyworks Solutions
Here are the key news stories impacting Skyworks Solutions this week:
- Positive Sentiment: Skyworks reported fiscal Q3 revenue of $934.8 million and non-GAAP diluted EPS of $1.08, beating analyst expectations of approximately $926 million and $1.03, respectively. Automotive and data-center markets were cited as growth drivers. Skyworks fiscal third-quarter results
- Positive Sentiment: Fiscal Q4 EPS guidance of $1.27 is above the $1.23 consensus estimate, while revenue guidance of $1.0 billion to $1.1 billion is broadly in line with expectations, suggesting near-term earnings support. Skyworks Q3 earnings call highlights
- Positive Sentiment: The company authorized a new $2 billion share-repurchase program, which could support per-share results and signals confidence in its capital position. Skyworks also announced expected leadership appointments for the combined Skyworks-Qorvo business. Skyworks and Qorvo leadership announcement
- Neutral Sentiment: Regulatory approvals for the Qorvo transaction are progressing, but Skyworks expects to raise roughly $2 billion in acquisition debt financing. The deal could expand scale and product capabilities, though integration, financing and approval risks remain. Skyworks Qorvo combination update
- Negative Sentiment: Revenue fell 3.1% year over year and EPS declined from $1.33 in the prior-year quarter, highlighting continued pressure in parts of Skyworks’ wireless and communications markets.
- Negative Sentiment: Morgan Stanley maintained a Hold rating but cut its price target to $72, citing the dividend suspension and mixed end-market trends. The dividend suspension removes an important income component for shareholders and weighs on sentiment. Morgan Stanley Skyworks price-target update
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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