Skyworks Solutions (NASDAQ:SWKS) Issues Quarterly Earnings Results

Skyworks Solutions (NASDAQ:SWKS) issued its earnings results on Tuesday. The semiconductor manufacturer reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14, FiscalAI reports. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $999.02 million. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 EPS. Skyworks Solutions updated its Q2 2026 guidance to 1.040-1.040 EPS.

Here are the key takeaways from Skyworks Solutions’ conference call:

• Qorvo combination described as “transformative” — management expects > $500 million of synergies, target gross margins of 50–55% through cycles, and pro forma net leverage of ~1x, with close targeted in early calendar 2027 subject to approvals.
• Skyworks beat Q1 guidance with $1.035 billion revenue, non‑GAAP EPS of $1.54, and strong cash generation (free cash flow of $339 million), while maintaining a solid balance sheet (~$1.6 billion cash vs $1.0 billion debt).
• Q2 guidance points to near‑term softness — revenue of $875–$925 million, mobile expected to fall ~20% sequentially (seasonal), and gross margin guided down to ~44.5–45.5%, implying short‑term pressure on top‑line and margins.
• Broad Markets is increasingly important and durable — eighth consecutive quarter of growth, double‑digit YoY, expected ~44% of sales in Q2, with tailwinds from Wi‑Fi 7, automotive connectivity, and data‑center timing/power design wins.

Skyworks Solutions Trading Up 2.6%

NASDAQ SWKS traded up $1.47 during mid-day trading on Wednesday, reaching $57.40. 2,332,056 shares of the stock were exchanged, compared to its average volume of 4,439,295. Skyworks Solutions has a 1-year low of $47.93 and a 1-year high of $90.90. The business’s fifty day simple moving average is $62.93 and its 200 day simple moving average is $69.61. The stock has a market capitalization of $8.61 billion, a PE ratio of 18.73 and a beta of 1.33. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33.

Skyworks Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th will be paid a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a $2.84 annualized dividend and a dividend yield of 4.9%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SWKS. Mizuho cut their price objective on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday, January 26th. Citigroup lowered their price target on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research note on Wednesday. Morgan Stanley reduced their price objective on shares of Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a research note on Monday. JPMorgan Chase & Co. decreased their price objective on shares of Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Loop Capital lowered their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Friday, January 2nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $70.70.

Insider Buying and Selling at Skyworks Solutions

In other news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the sale, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.28% of the company’s stock.

Institutional Trading of Skyworks Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SWKS. Lido Advisors LLC acquired a new stake in shares of Skyworks Solutions during the 3rd quarter worth $270,000. Brooklyn Investment Group boosted its holdings in Skyworks Solutions by 26.0% in the third quarter. Brooklyn Investment Group now owns 3,423 shares of the semiconductor manufacturer’s stock valued at $263,000 after acquiring an additional 706 shares during the last quarter. Vise Technologies Inc. grew its position in Skyworks Solutions by 30.2% during the third quarter. Vise Technologies Inc. now owns 3,504 shares of the semiconductor manufacturer’s stock valued at $270,000 after acquiring an additional 813 shares during the period. Rehmann Capital Advisory Group grew its position in Skyworks Solutions by 17.9% during the third quarter. Rehmann Capital Advisory Group now owns 3,415 shares of the semiconductor manufacturer’s stock valued at $263,000 after acquiring an additional 519 shares during the period. Finally, Parallel Advisors LLC increased its stake 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 during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

More Skyworks Solutions News

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

• Positive Sentiment: Q1 beat and upbeat guidance — Skyworks reported Q1 EPS of $1.54 (above consensus) and revenue of ~$1.04B; management guided Q2 EPS to $1.04 (vs. consensus ~0.82) and revenue to $875–$925M (above consensus). This stronger demand outlook (5G-driven chip demand cited) is the main positive catalyst. Reuters: Skyworks forecasts upbeat earnings
• Positive Sentiment: Dividend declared — Skyworks announced a quarterly dividend of $0.71 per share (annualized yield ~5.1%; ex‑dividend Feb 24). The yield and cash return signal shareholder-friendly capital allocation.
• Positive Sentiment: Some analysts remain constructive — KeyCorp kept an Overweight rating (PT lowered to $75) and Craig Hallum maintained a Buy rating (PT lowered to $75), leaving upside cases from selective analyst coverage. Benzinga: Analyst notes
• Neutral Sentiment: Reaffirmed holds — Stifel Nicolaus and Benchmark reiterated Hold ratings (Stifel set a $65 PT); these maintain neutrality in near‑term sentiment. Benzinga: Stifel / Benchmark coverage
• Negative Sentiment: Multiple price‑target cuts this morning — Several firms trimmed PTs (TD Cowen to $65, Citi to $63, JPMorgan to $65, Morgan Stanley to $68), reflecting more cautious medium‑term views despite the beat; these cuts increase near‑term downside risk and cap upside from the rally. MarketScreener: TD Cowen PT cut
• Negative Sentiment: Morgan Stanley and others trimmed expectations — Coverage notes suggest analysts are dialing back longer‑term estimates despite the quarter, which could lead to further target trims if visibility on end markets weakens. AmericanBankingNews: Morgan Stanley lowers expectations

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.