Analysts Set Skyworks Solutions, Inc. (NASDAQ:SWKS) Price Target at $77.06

Skyworks Solutions, Inc. (NASDAQ:SWKS) has earned an average recommendation of “Hold” from the twenty-two analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $77.4706.

Several research firms have weighed in on SWKS. Mizuho reissued an “underperform” rating and set a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Citigroup boosted their price objective on shares of Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. B. Riley Financial upped their target price on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada raised their target price on Skyworks Solutions from $72.00 to $80.00 and gave the stock a “sector perform” rating in a research note on Tuesday, June 23rd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Skyworks Solutions in a research report on Wednesday, May 6th.

Institutional Investors Weigh In On Skyworks Solutions

Large investors have recently bought and sold shares of the company. Pzena Investment Management LLC raised its position in 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 buying an additional 3,481,658 shares during the last quarter. Norges Bank acquired a new stake in shares of Skyworks Solutions in the fourth quarter worth $121,304,000. FIL Ltd increased its stake in shares of Skyworks Solutions by 50.5% in the fourth quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after acquiring an additional 1,742,338 shares during the period. Capital Research Global Investors purchased a new position in shares of Skyworks Solutions during the fourth quarter worth $102,279,000. Finally, First Trust Advisors LP raised its holdings in shares of Skyworks Solutions by 51.7% during the first quarter. First Trust Advisors LP now owns 2,218,826 shares of the semiconductor manufacturer’s stock worth $118,818,000 after purchasing an additional 756,280 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Stock Up 2.5%

Skyworks Solutions stock opened at $59.95 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. The stock has a market capitalization of $9.02 billion, a price-to-earnings ratio of 24.88 and a beta of 1.50. Skyworks Solutions has a 1-year low of $51.93 and a 1-year high of $90.90. The business has a fifty day moving average price of $71.18 and a 200-day moving average price of $63.18.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. During the same period in the prior year, the company posted $1.24 EPS. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Equities research analysts forecast that Skyworks Solutions will post 3.61 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 117.84%.

Skyworks Solutions Company Profile

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.