Zacks Research Downgrades Skyworks Solutions (NASDAQ:SWKS) to Hold

Skyworks Solutions (NASDAQ:SWKS) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research firms have also commented on SWKS. JPMorgan Chase & Co. reduced their price objective on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Royal Bank Of Canada started coverage on Skyworks Solutions in a report on Wednesday, January 14th. They set a “sector perform” rating and a $65.00 price target on the stock. UBS Group decreased their price objective on shares of Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Mizuho cut their price target on shares of Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Finally, Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and upped their target price for the company from $70.00 to $140.00 in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $70.50.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $62.16 on Monday. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09. The stock’s fifty day moving average is $61.74 and its two-hundred day moving average is $68.93. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $90.90. The company has a market capitalization of $9.35 billion, a PE ratio of 23.91 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current year.

Institutional Investors Weigh In On Skyworks Solutions

Several large investors have recently bought and sold shares of the company. Balyasny Asset Management L.P. acquired a new stake in Skyworks Solutions during the 4th quarter valued at $1,357,000. Boothbay Fund Management LLC lifted its stake in shares of Skyworks Solutions by 58.5% during the 4th quarter. Boothbay Fund Management LLC now owns 4,649 shares of the semiconductor manufacturer’s stock worth $295,000 after buying an additional 1,715 shares during the last quarter. Armistice Capital LLC bought a new stake in shares of Skyworks Solutions during the 4th quarter worth about $298,000. Freestone Grove Partners LP acquired a new position in Skyworks Solutions in the 4th quarter valued at about $1,695,000. Finally, Guggenheim Capital LLC grew its stake in Skyworks Solutions by 5.5% in the 4th quarter. Guggenheim Capital LLC now owns 128,855 shares of the semiconductor manufacturer’s stock valued at $8,171,000 after buying an additional 6,685 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.