Morgan Stanley Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $72.00

Skyworks Solutions (NASDAQ:SWKS) had its target price cut by Morgan Stanley from $76.00 to $72.00 in a report published on Wednesday,Benzinga reports. They currently have an equal weight rating on the semiconductor manufacturer’s stock.

A number of other equities analysts have also issued reports on the company. UBS Group increased their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday. Bank of America reaffirmed an “underperform” rating and set a $65.00 price objective on shares of Skyworks Solutions in a research note on Wednesday. TD Cowen decreased their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Wednesday. Loop Capital boosted their price target on shares of Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Finally, Barclays upgraded shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $60.00 to $70.00 in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and a consensus target price of $74.22.

Skyworks Solutions Trading Down 0.3%

Shares of SWKS stock opened at $62.28 on Wednesday. The firm’s 50 day moving average price is $68.32 and its two-hundred day moving average price is $62.85. The company has a quick ratio of 1.70, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The stock has a market cap of $9.37 billion, a price-to-earnings ratio of 32.27 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.05. The company had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.Skyworks Solutions’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, analysts anticipate that Skyworks Solutions will post 3.62 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 147.15%.

Institutional Trading of Skyworks Solutions

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after buying an additional 389,168 shares in the last quarter. Pzena Investment Management LLC increased its position in shares of Skyworks Solutions by 27.6% during the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after purchasing an additional 3,481,658 shares during the last quarter. State Street Corp increased its position 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 last quarter. Charles Schwab Investment Management Inc. raised its stake 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 in the last quarter. Finally, FIL Ltd boosted its holdings in shares of Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock valued at $329,111,000 after buying an additional 1,742,338 shares during the last quarter. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions News Roundup

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

• Positive Sentiment: UBS raised its Skyworks price target to $70, providing one of the few bullish analyst signals and suggesting meaningful upside from recent trading levels. UBS Group Increases Skyworks Solutions Price Target
• Neutral Sentiment: Analyst opinion remains mixed. Skyworks has an average “Hold” recommendation, indicating that brokerages generally see limited near-term catalysts and a relatively balanced risk-reward profile. Skyworks Given Average Hold Recommendation
• Neutral Sentiment: A valuation review concluded that SWKS is trading near estimated fair value, rather than at a clearly discounted level. That limits the appeal of the stock as a value opportunity unless operating fundamentals improve. Skyworks Trades Near Fair Value
• Neutral Sentiment: Broader technology-sector commentary described mixed views on Skyworks, reinforcing uncertainty around its growth outlook relative to other semiconductor and technology companies. Analysts Opinions Are Mixed on Technology Stocks
• Negative Sentiment: Citigroup cut its price target to $64 and TD Cowen lowered its target to $65. These targets leave relatively little upside and signal that analysts are becoming more cautious about the company’s earnings trajectory. Citigroup Lowers Skyworks Price Target TD Cowen Lowers Skyworks Price Target
• Negative Sentiment: JPMorgan, RBC, Stifel and Mizuho also lowered their expectations for Skyworks’ stock, creating a broad wave of negative analyst revisions likely weighing on investor sentiment. JPMorgan Lowers Skyworks Expectations RBC Lowers Skyworks Expectations Stifel Lowers Skyworks Expectations

About Skyworks Solutions

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.