Skyworks Solutions (NASDAQ:SWKS – Get Free Report) had its target price reduced by investment analysts at UBS Group from $80.00 to $63.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor manufacturer’s stock. UBS Group’s price objective would suggest a potential upside of 9.19% from the stock’s previous close.
Several other analysts have also recently weighed in on SWKS. Cfra set a $90.00 price target on shares of Skyworks Solutions in a research report on Tuesday, October 28th. BNP Paribas Exane increased their target price on Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and raised their target price for the company from $66.00 to $105.00 in a report on Wednesday, October 29th. Finally, Barclays cut their price target on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $78.67.
Get Our Latest Research Report on SWKS
Skyworks Solutions Stock Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion during the quarter. During the same period last year, the business earned $1.55 earnings per share. The firm’s revenue for the quarter 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. On average, sell-side analysts forecast that Skyworks Solutions will post 3.7 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. United Services Automobile Association acquired a new position in shares of Skyworks Solutions in the 1st quarter valued at $236,000. Focus Partners Wealth lifted its stake in shares of Skyworks Solutions by 99.0% during the 1st quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after purchasing an additional 4,702 shares during the period. Wedmont Private Capital purchased a new stake in shares of Skyworks Solutions during the 2nd quarter valued at $204,000. UMB Bank n.a. lifted its holdings in shares of Skyworks Solutions by 11.5% during the 2nd quarter. UMB Bank n.a. now owns 2,260 shares of the semiconductor manufacturer’s stock valued at $168,000 after acquiring an additional 233 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Skyworks Solutions by 113.1% in the second quarter. Farther Finance Advisors LLC now owns 3,161 shares of the semiconductor manufacturer’s stock valued at $236,000 after purchasing an additional 1,678 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.
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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