Skyworks Solutions (NASDAQ:SWKS – Get Free Report) had its price objective dropped by analysts at TD Cowen from $75.00 to $65.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the semiconductor manufacturer’s stock. TD Cowen’s target price would indicate a potential upside of 2.74% from the company’s current price.
Other equities analysts also recently issued research reports about the company. UBS Group increased their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday. Morgan Stanley upped their target price on shares of Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research report on Monday. Citigroup dropped their price objective on shares of Skyworks Solutions from $77.00 to $64.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus upped their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $75.00.
Get Our Latest Research Report on SWKS
Skyworks Solutions Trading Down 2.2%
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. The company had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. Skyworks Solutions’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities analysts anticipate that Skyworks Solutions will post 3.62 earnings per share for the current fiscal year.
Institutional Trading of Skyworks Solutions
Institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its holdings in shares of Skyworks Solutions by 5.3% in the 3rd quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock worth $249,000 after purchasing an additional 163 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in shares of Skyworks Solutions by 4.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock valued at $282,000 after purchasing an additional 200 shares in the last quarter. AAFMAA Wealth Management & Trust LLC lifted its holdings in shares of Skyworks Solutions by 3.2% during the second quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer’s stock valued at $468,000 after purchasing an additional 212 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in shares of Skyworks Solutions by 2.8% during the fourth quarter. Asset Management One Co. Ltd. now owns 7,881 shares of the semiconductor manufacturer’s stock valued at $505,000 after buying an additional 213 shares during the last quarter. Finally, Unison Advisors LLC boosted its position in shares of Skyworks Solutions by 1.2% during the first quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer’s stock valued at $986,000 after buying an additional 219 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
Key Skyworks Solutions News
Here are the key news stories impacting Skyworks Solutions this week:
- Positive Sentiment: Skyworks reported fiscal third-quarter adjusted EPS of $1.08 and revenue of $934.8 million, exceeding consensus estimates of $1.03 and approximately $926 million, respectively. Growth in broad markets—particularly automotive and AI data-center applications—helped offset weakness elsewhere. Skyworks fiscal third-quarter results
- Positive Sentiment: The company authorized a new $2 billion share-repurchase program and announced progress toward its planned combination with Qorvo, including an expected leadership team for the combined business. Regulatory approvals are progressing. Skyworks and Qorvo expected leadership team
- Neutral Sentiment: Fiscal fourth-quarter guidance calls for adjusted EPS of $1.27 and revenue between $1.0 billion and $1.1 billion. The EPS outlook is above consensus, although investors appear focused on expected sequential pressure and continued margin challenges.
- Neutral Sentiment: Analyst views remain mixed. UBS raised its price target to $70 while maintaining a Neutral rating; RBC cut its target to $70 with a Sector Perform rating; and Citi reduced its target to $64 while remaining Neutral. Morgan Stanley maintained Hold but lowered its target to $72, citing the dividend suspension and uneven end-market trends.
- Negative Sentiment: Revenue declined 3.1% from the prior year and adjusted EPS fell from $1.33, while management indicated weaker fourth-quarter earnings expectations in underlying commentary. The combination with Qorvo is also expected to require approximately $2 billion of acquisition debt financing, adding execution and leverage concerns. Analyst revisions following Skyworks earnings
- Negative Sentiment: Mizuho downgraded Skyworks to Underperform and lowered its price target from $55 to $52, signaling substantial downside from recent trading levels and reinforcing concerns about the company’s near-term growth and profitability.
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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