Skyworks Solutions (NASDAQ:SWKS) Given New $60.00 Price Target at BNP Paribas Exane

Skyworks Solutions (NASDAQ:SWKS) had its price objective dropped by research analysts at BNP Paribas Exane from $73.00 to $60.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has a “neutral” rating on the semiconductor manufacturer’s stock. BNP Paribas Exane’s price target suggests a potential downside of 0.71% from the stock’s current price.

Several other analysts have also recently issued reports on the stock. Mizuho dropped their price objective on shares of Skyworks Solutions from $73.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, January 9th. UBS Group dropped their price target on Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a research report on Tuesday. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $140.00 in a research report on Wednesday, October 29th. Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Stifel Nicolaus set a $72.00 price target on shares of Skyworks Solutions in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average target price of $77.39.

Skyworks Solutions Stock Up 3.2%

SWKS opened at $60.43 on Wednesday. The company has a market cap of $9.06 billion, a PE ratio of 19.45 and a beta of 1.30. Skyworks Solutions has a twelve month low of $47.93 and a twelve month high of $93.33. The company has a 50-day moving average price of $64.01 and a 200 day moving average price of $70.75. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion for the quarter. During the same period in the prior year, the firm earned $1.55 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Sell-side analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Skyworks Solutions

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

Hedge Funds Weigh In On Skyworks Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. United Services Automobile Association purchased a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $236,000. Focus Partners Wealth lifted its position in Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after acquiring an additional 4,702 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Skyworks Solutions by 113.1% in the second quarter. Farther Finance Advisors LLC now owns 3,161 shares of the semiconductor manufacturer’s stock valued at $236,000 after acquiring an additional 1,678 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Skyworks Solutions during the second quarter worth about $613,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Skyworks Solutions by 146.1% in the 2nd quarter. GAMMA Investing LLC now owns 9,712 shares of the semiconductor manufacturer’s stock valued at $724,000 after purchasing an additional 5,765 shares during the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

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.