Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $74.00 Consensus Price Target from Analysts

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have received an average rating of “Hold” from the twenty-four ratings firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $74.00.

Several research firms have recently issued reports on SWKS. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Monday, July 27th. BMO Capital Markets began coverage on shares of Skyworks Solutions in a research note on Friday, August 21st. They set a “market perform” rating and a $70.00 price objective for the company. Royal Bank Of Canada decreased their price objective on shares of Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 29th. KeyCorp lowered Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 14th. Finally, William Blair restated a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th.

Skyworks Solutions Trading Up 1.4%

Shares of Skyworks Solutions stock opened at $89.96 on Friday. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The firm has a market cap of $13.54 billion, a price-to-earnings ratio of 46.61, a PEG ratio of 2.44 and a beta of 1.52. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $92.30. The business has a 50-day moving average price of $70.17 and a 200-day moving average price of $66.52.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The business had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. During the same quarter in the previous year, the company posted $1.33 EPS. The company’s revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities research analysts anticipate that Skyworks Solutions will post 3.64 EPS for the current fiscal year.

Institutional Investors Weigh In On Skyworks Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of SWKS. Sequoia Financial Advisors LLC lifted its stake in Skyworks Solutions by 154.2% in the second quarter. Sequoia Financial Advisors LLC now owns 20,115 shares of the semiconductor manufacturer’s stock worth $1,364,000 after acquiring an additional 12,203 shares during the period. NewEdge Advisors LLC grew its stake in Skyworks Solutions by 1.9% during the 2nd quarter. NewEdge Advisors LLC now owns 7,914 shares of the semiconductor manufacturer’s stock worth $537,000 after buying an additional 145 shares during the last quarter. Allworth Financial LP increased its position in Skyworks Solutions by 22.1% during the 2nd quarter. Allworth Financial LP now owns 2,792 shares of the semiconductor manufacturer’s stock valued at $189,000 after buying an additional 505 shares in the last quarter. Arizona State Retirement System lifted its stake in Skyworks Solutions by 0.8% during the 2nd quarter. Arizona State Retirement System now owns 41,501 shares of the semiconductor manufacturer’s stock valued at $2,814,000 after acquiring an additional 319 shares during the period. Finally, Empirical Finance LLC lifted its stake in Skyworks Solutions by 3.2% during the 2nd quarter. Empirical Finance LLC now owns 5,794 shares of the semiconductor manufacturer’s stock valued at $393,000 after acquiring an additional 182 shares during the period. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that develops and manufactures analog and mixed-signal products used to connect people, devices and networks. Its portfolio includes radio-frequency (RF) and wireless connectivity components such as amplifiers, attenuators, filters, switches, modulators, front-end modules and integrated solutions.

The company’s products are designed for applications including smartphones and other mobile devices, automotive systems, broadband and wireless infrastructure, industrial equipment, medical devices, smart-home products and the Internet of Things.