Skyworks Solutions (NASDAQ:SWKS – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.
Other research analysts also recently issued research reports about the company. Mizuho upgraded Skyworks Solutions from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $65.00 to $73.00 in a report on Tuesday, November 11th. Cfra set a $90.00 price target on Skyworks Solutions in a research report on Tuesday, October 28th. Morgan Stanley upped their price target on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 29th. Citigroup raised Skyworks Solutions from a “sell” rating to a “neutral” rating and raised their price objective for the company from $66.00 to $105.00 in a research report on Wednesday, October 29th. Finally, UBS Group dropped their target price on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $82.59.
View Our Latest Stock Report on SWKS
Skyworks Solutions Stock Down 0.8%
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The company had revenue of $1.10 billion for the quarter. During the same quarter in the prior year, the firm earned $1.55 EPS. Skyworks Solutions’s quarterly revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current year.
Insider Transactions at Skyworks Solutions
In related news, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This represents a 21.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.28% of the company’s stock.
Institutional Trading of Skyworks Solutions
A number of institutional investors and hedge funds have recently modified their holdings of SWKS. Jones Financial Companies Lllp increased its holdings in Skyworks Solutions by 122.3% in the 1st quarter. Jones Financial Companies Lllp now owns 23,014 shares of the semiconductor manufacturer’s stock worth $1,487,000 after buying an additional 12,663 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Skyworks Solutions during the 1st quarter valued at about $236,000. Empowered Funds LLC boosted its holdings in shares of Skyworks Solutions by 2.1% during the 1st quarter. Empowered Funds LLC now owns 53,728 shares of the semiconductor manufacturer’s stock valued at $3,472,000 after acquiring an additional 1,119 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Skyworks Solutions by 2.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,202,049 shares of the semiconductor manufacturer’s stock worth $77,688,000 after acquiring an additional 24,304 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of Skyworks Solutions by 99.0% during the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after purchasing an additional 4,702 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.
Skyworks Solutions Company Profile
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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