Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $70.00

Skyworks Solutions (NASDAQ:SWKS) had its target price hoisted by BNP Paribas Exane from $60.00 to $70.00 in a report issued on Wednesday morning,MarketScreener reports.

Several other equities research analysts have also recently commented on the company. Mizuho reissued an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Argus raised Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Stifel Nicolaus reissued a “hold” rating and issued a $65.00 target price (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Royal Bank Of Canada initiated coverage on Skyworks Solutions in a research note on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 target price for the company. Finally, Susquehanna lowered their target price on Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $76.61.

Skyworks Solutions Trading Up 2.7%

SWKS stock opened at $66.78 on Wednesday. The business has a fifty day moving average price of $57.81 and a 200 day moving average price of $62.43. The stock has a market capitalization of $10.04 billion, a price-to-earnings ratio of 27.71 and a beta of 1.48. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating the consensus estimate of $1.04 by $0.11. The company had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period last year, the firm earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts expect that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.3%. Skyworks Solutions’s payout ratio is 117.84%.

Institutional Investors Weigh In On Skyworks Solutions

A number of institutional investors have recently made changes to their positions in the stock. Manske Wealth Management grew its stake in shares of Skyworks Solutions by 3.8% during the third quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 160 shares during the period. Parallel Advisors LLC lifted its holdings in Skyworks Solutions by 5.3% during the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock worth $249,000 after acquiring an additional 163 shares in the last quarter. Unison Advisors LLC lifted its holdings in Skyworks Solutions by 0.9% during the third quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock worth $1,388,000 after acquiring an additional 164 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Skyworks Solutions by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock worth $1,807,000 after acquiring an additional 166 shares in the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in Skyworks Solutions by 4.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 200 shares in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

Skyworks Solutions News Summary

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Several brokers raised their price targets on Skyworks Solutions, including Loop Capital, Craig Hallum, UBS, TD Cowen, KeyCorp, JPMorgan, Citi, BNP Paribas Exane, and others, with new targets mostly in the $70 to $85 range. Article Link
• Positive Sentiment: Skyworks recently beat second-quarter EPS estimates, which reinforced the view that earnings momentum may be improving and helped support bullish analyst forecasts. Article Link
• Neutral Sentiment: Analysts remain cautious overall despite the higher targets, with some firms still carrying neutral or hold ratings, signaling that upside expectations are not universally strong. Article Link
• Negative Sentiment: A shareholder litigation firm announced an investigation into possible fiduciary-duty breaches by Skyworks officers and directors, which could create legal overhang and weigh on sentiment. Article Link

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.