Skyworks Solutions (NASDAQ:SWKS) Reaches New 12-Month High – Here’s What Happened

Skyworks Solutions, Inc. (NASDAQ:SWKS)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $91.96 and last traded at $91.6090, with a volume of 3370456 shares trading hands. The stock had previously closed at $84.03.

Skyworks Solutions News Summary

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

• Positive Sentiment: Qorvo merger appears closer to completion: CEO Phil Brace said the combination is in its final stages and is expected to close by year-end 2026, boosting investor expectations that regulatory and other closing conditions will be satisfied. Skyworks and Qorvo both advanced as merger-arbitrage investors repriced the deal’s odds. Skyworks Solutions Stock Jumps Nearly 10% on Qorvo Merger Update
• Positive Sentiment: Options activity signals bullish positioning: Investors purchased 9,712 SWKS call options, 61% above typical volume of 6,018 contracts. While options activity is speculative, the increase suggests traders are positioning for additional upside or continued merger-related momentum.
• Positive Sentiment: Potential Apple product tailwind: Skyworks rallied alongside Apple after Apple unveiled its first foldable iPhone. Investors may be anticipating longer-term demand for Skyworks’ connectivity and radio-frequency components if the new device expands Apple’s premium smartphone lineup. Apple Advances as First Foldable iPhone Arrives
• Neutral Sentiment: High short interest increases volatility: Short interest reached 36.38% of the float, with 34.6 million shares sold short and approximately 5.8 days needed to cover. This could support a short squeeze if positive merger news continues, but it also highlights significant bearish positioning and downside risk. Skyworks Solutions Short Interest Rises
• Negative Sentiment: Fundamental and valuation concerns remain: Zacks reported that recent earnings-estimate revisions do not point to sustained strength. Skyworks’ latest reported revenue declined year over year, and its median analyst price target of $75 is below the current trading range, suggesting the stock may be pricing in substantial merger success.

Wall Street Analyst Weigh In

SWKS has been the subject of a number of recent research reports. Stifel Nicolaus lowered their target price on Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Mizuho reduced their price target on Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating on the stock in a research report on Wednesday, July 29th. Royal Bank Of Canada dropped their price objective on 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. BMO Capital Markets initiated coverage on shares of Skyworks Solutions in a report on Friday, August 21st. They issued a “market perform” rating and a $70.00 target price on the stock. Finally, Morgan Stanley lowered their price target on shares of Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating for the company in a report on Wednesday, July 29th. Four analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $74.00.

Skyworks Solutions Stock Performance

The business has a fifty day moving average of $65.69 and a 200-day moving average of $64.90. The company has a market cap of $13.57 billion, a PE ratio of 46.79, a P/E/G ratio of 2.10 and a beta of 1.52. The company has a current ratio of 3.10, a quick ratio of 1.94 and a debt-to-equity ratio of 0.09.

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

Institutional Trading of Skyworks Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC boosted its holdings 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 valued at $1,364,000 after acquiring an additional 12,203 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Skyworks Solutions by 1.9% in the 2nd quarter. NewEdge Advisors LLC now owns 7,914 shares of the semiconductor manufacturer’s stock worth $537,000 after purchasing an additional 145 shares in the last quarter. Allworth Financial LP lifted its position in shares of Skyworks Solutions by 22.1% in the 2nd quarter. Allworth Financial LP now owns 2,792 shares of the semiconductor manufacturer’s stock worth $189,000 after purchasing an additional 505 shares during the period. Arizona State Retirement System lifted its position in shares of Skyworks Solutions by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 41,501 shares of the semiconductor manufacturer’s stock worth $2,814,000 after purchasing an additional 319 shares during the period. Finally, Empirical Finance LLC boosted its stake in shares of 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 purchasing an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

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.