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

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

Several brokerages have recently weighed in on SWKS. Stifel Nicolaus decreased their target price on Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Wednesday, July 29th. BMO Capital Markets initiated coverage on Skyworks Solutions in a research note on Friday, August 21st. They issued a “market perform” rating and a $70.00 target price for the company. William Blair reiterated a “buy” rating on shares of Skyworks Solutions in a report on Wednesday, July 29th. JPMorgan Chase & Co. reduced their price target on Skyworks Solutions from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 29th. Finally, Bank of America reissued an “underperform” rating and set a $65.00 price target on shares of Skyworks Solutions in a research report on Wednesday, July 29th.

Skyworks Solutions Price Performance

SWKS opened at $79.10 on Tuesday. Skyworks Solutions has a 52-week low of $51.93 and a 52-week high of $92.80. The company has a 50 day moving average of $77.28 and a two-hundred day moving average of $69.89. The company has a market cap of $11.90 billion, a P/E ratio of 40.98, a P/E/G ratio of 2.07 and a beta of 1.48. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.05. The business 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 for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, analysts expect that Skyworks Solutions will post 3.62 earnings per share for the current year.

Institutional Trading of Skyworks Solutions

A number of hedge funds have recently made changes to their positions in SWKS. BlackRock Inc. acquired a new position in shares of Skyworks Solutions during the second quarter worth $1,393,584,000. Pzena Investment Management LLC purchased a new stake in Skyworks Solutions during the 2nd quarter worth $1,082,972,000. Dimensional Fund Advisors LP lifted its holdings in Skyworks Solutions by 19.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,612,201 shares of the semiconductor manufacturer’s stock worth $246,978,000 after buying an additional 753,004 shares in the last quarter. Bank of America Corp DE acquired a new position in Skyworks Solutions in the 2nd quarter worth $180,898,000. Finally, Bank of New York Mellon Corp purchased a new position in Skyworks Solutions in the 2nd quarter valued at about $143,597,000. 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 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.