Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $70.50 Consensus Price Target from Analysts

Skyworks Solutions, Inc. (NASDAQ:SWKS) has received a consensus rating of “Hold” from the twenty-four ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eighteen have given a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $70.50.

A number of research analysts have weighed in on SWKS shares. Morgan Stanley decreased their price objective on Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada began coverage on shares of Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 target price for the company. UBS Group decreased their price target on shares of Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Wall Street Zen lowered shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, Argus raised shares of Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th.

Skyworks Solutions Price Performance

Shares of Skyworks Solutions stock opened at $53.65 on Friday. The business has a 50 day simple moving average of $57.91 and a two-hundred day simple moving average of $65.60. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $90.90. The stock has a market capitalization of $8.07 billion, a P/E ratio of 20.63 and a beta of 1.30. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

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

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Tuesday, February 24th. Skyworks Solutions’s payout ratio is currently 109.23%.

Institutional Investors Weigh In On Skyworks Solutions

A number of large investors have recently made changes to their positions in SWKS. Vanguard Group Inc. increased its stake in Skyworks Solutions by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after acquiring an additional 389,168 shares during the last quarter. Pzena Investment Management LLC lifted its stake in shares of Skyworks Solutions by 2.9% in the 4th quarter. Pzena Investment Management LLC now owns 12,626,480 shares of the semiconductor manufacturer’s stock valued at $800,645,000 after purchasing an additional 354,318 shares during the last quarter. State Street Corp grew its holdings in shares of Skyworks Solutions by 1.0% during the 4th quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock worth $418,557,000 after purchasing an additional 64,187 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Skyworks Solutions by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock worth $374,229,000 after purchasing an additional 137,506 shares during the period. Finally, FIL Ltd increased its position in shares of Skyworks Solutions by 50.5% during the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after purchasing an additional 1,742,338 shares during the last quarter. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

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.