Brokerages Set Skyworks Solutions, Inc. (NASDAQ:SWKS) PT at $76.61

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have earned an average rating of “Hold” from the twenty-three analysts that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $76.6111.

Several equities research analysts recently commented on SWKS shares. Craig Hallum upped their price target on shares of Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Zacks Research downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a report on Monday, February 16th. Stifel Nicolaus raised their price target on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on shares of Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Citigroup raised their target price on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th.

Institutional Trading of Skyworks Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quest 10 Wealth Builders Inc. lifted its holdings in shares of Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 342 shares during the period. Sound Income Strategies LLC lifted its holdings in Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 257 shares during the last quarter. Fideuram Asset Management Ireland dac bought a new position in Skyworks Solutions during the 4th quarter valued at about $29,000. Finally, CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions during the 2nd quarter valued at about $32,000. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Stock Performance

Shares of NASDAQ:SWKS opened at $73.97 on Wednesday. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 30.69 and a beta of 1.50. Skyworks Solutions has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38. The company has a 50 day moving average price of $67.63 and a 200 day moving average price of $63.06.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same period last year, the firm posted $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, research analysts anticipate that Skyworks Solutions will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a $0.71 dividend. This represents a $2.84 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

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.