Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) have received an average rating of “Hold” from the twenty-four research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $70.50.
SWKS has been the subject of several analyst reports. Craig Hallum reduced their price objective on Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Morgan Stanley decreased their price target on Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a report on Monday, February 2nd. Loop Capital dropped their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research note on Friday, January 2nd. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, February 4th. Finally, Barclays reduced their target price on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th.
Get Our Latest Analysis on Skyworks Solutions
Skyworks Solutions Stock Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. Skyworks Solutions’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. As a group, equities analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.
Skyworks Solutions Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th will be issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Skyworks Solutions’s payout ratio is currently 109.23%.
Institutional Trading of Skyworks Solutions
A number of institutional investors have recently modified their holdings of the business. Financial Consulate Inc. acquired a new stake in Skyworks Solutions in the third quarter valued at $29,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Skyworks Solutions in the second quarter valued at about $28,000. Clearstead Trust LLC boosted its holdings in Skyworks Solutions by 200.0% during the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 274 shares in the last quarter. Quest 10 Wealth Builders Inc. grew its position in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 342 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new position in Skyworks Solutions in the second quarter valued at about $32,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.
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.
Featured Stories
- Five stocks we like better than Skyworks Solutions
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
