Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $75.00

Skyworks Solutions (NASDAQ:SWKS) had its price objective boosted by Stifel Nicolaus from $65.00 to $75.00 in a research note published on Wednesday,Benzinga reports. They currently have a hold rating on the semiconductor manufacturer’s stock.

Several other research firms have also weighed in on SWKS. Royal Bank Of Canada boosted their price objective on shares of Skyworks Solutions from $65.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Wall Street Zen lowered shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Citigroup lowered their price objective on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. KeyCorp boosted their price objective on shares of Skyworks Solutions from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $76.61.

Skyworks Solutions Trading Up 2.7%

SWKS opened at $66.78 on Wednesday. The stock has a market capitalization of $10.04 billion, a P/E ratio of 27.71 and a beta of 1.48. Skyworks Solutions has a 12 month low of $51.93 and a 12 month high of $90.90. The firm’s fifty day simple moving average is $57.81 and its 200 day simple moving average is $62.43. The company has a current ratio of 2.38, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. During the same period in the previous year, the firm posted $1.24 EPS. The firm’s 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. As a group, research analysts anticipate that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be issued a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a yield of 4.3%. Skyworks Solutions’s payout ratio is currently 117.84%.

Institutional Trading of Skyworks Solutions

Institutional investors and hedge funds have recently made changes to their positions in the company. Quest 10 Wealth Builders Inc. lifted its holdings in shares of Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 342 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 281 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 257 shares during the period. Fideuram Asset Management Ireland dac bought a new stake in shares of Skyworks Solutions during the 4th quarter worth approximately $29,000. Finally, CYBER HORNET ETFs LLC bought a new stake in shares of Skyworks Solutions during the 2nd quarter worth approximately $32,000. Institutional investors own 85.43% of the company’s stock.

Key Stories Impacting Skyworks Solutions

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Several brokers raised their price targets on Skyworks Solutions, including Loop Capital, Craig Hallum, UBS, TD Cowen, KeyCorp, JPMorgan, Citi, BNP Paribas Exane, and others, with new targets mostly in the $70 to $85 range. Article Link
• Positive Sentiment: Skyworks recently beat second-quarter EPS estimates, which reinforced the view that earnings momentum may be improving and helped support bullish analyst forecasts. Article Link
• Neutral Sentiment: Analysts remain cautious overall despite the higher targets, with some firms still carrying neutral or hold ratings, signaling that upside expectations are not universally strong. Article Link
• Negative Sentiment: A shareholder litigation firm announced an investigation into possible fiduciary-duty breaches by Skyworks officers and directors, which could create legal overhang and weigh on sentiment. Article Link

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.