Skyworks Solutions, Inc. (NASDAQ:SWKS) Stock Has Average Target Price of $79.21 According to Brokerages

Skyworks Solutions, Inc. (NASDAQ:SWKS) has received an average recommendation of “Hold” from the twenty-four research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $79.21.

A number of equities analysts have issued reports on the company. Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research note on Monday, July 27th. UBS Group increased their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. dropped their target price on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Royal Bank Of Canada lifted their target price on Skyworks Solutions from $70.00 to $95.00 and gave the company a “sector perform” rating in a research report on Thursday, October 1st. Finally, Citigroup upped their price target on Skyworks Solutions from $64.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, October 6th.

Institutional Trading of Skyworks Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the company. AlphaStar Capital Management LLC bought a new position in Skyworks Solutions in the 3rd quarter worth about $442,000. Vontobel Holding Ltd. increased its position in shares of Skyworks Solutions by 24.1% during the third quarter. Vontobel Holding Ltd. now owns 8,969 shares of the semiconductor manufacturer’s stock valued at $767,000 after buying an additional 1,744 shares during the period. Howard Capital Management LLC increased its position in shares of Skyworks Solutions by 88.2% during the third quarter. Howard Capital Management LLC now owns 105,647 shares of the semiconductor manufacturer’s stock valued at $9,031,000 after buying an additional 49,511 shares during the period. V Square Quantitative Management LLC increased its position in shares of Skyworks Solutions by 7.9% during the third quarter. V Square Quantitative Management LLC now owns 4,693 shares of the semiconductor manufacturer’s stock valued at $401,000 after buying an additional 342 shares during the period. Finally, Fortitude Family Office LLC lifted its holdings in shares of Skyworks Solutions by 254.7% in the third quarter. Fortitude Family Office LLC now owns 337 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 242 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $79.70 on Tuesday. The firm has a market capitalization of $11.99 billion, a PE ratio of 41.30, a price-to-earnings-growth ratio of 2.14 and a beta of 1.48. The firm has a fifty day simple moving average of $77.46 and a two-hundred day simple moving average of $69.96. 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 has a 12 month low of $51.93 and a 12 month high of $92.80.

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 firm had revenue of $934.80 million for the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Analysts forecast that Skyworks Solutions will post 3.62 EPS for the current fiscal year.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc (NASDAQ:SWKS) is a semiconductor company that develops high-performance analog and mixed-signal products, with a focus on wireless connectivity and radio-frequency (RF) applications. Its solutions help manage, amplify, filter and switch signals in electronic devices and communications systems.

The company’s products include RF front-end modules, amplifiers, filters, switches, antenna tuners, integrated modules and other semiconductor components. These products are used in smartphones and other mobile devices, as well as automotive systems, broadband equipment, industrial applications, smart-home products, wireless infrastructure and the Internet of Things.

Headquartered in Irvine, California, Skyworks serves customers and markets worldwide.