Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $82.59 Consensus Price Target from Analysts

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) has earned an average recommendation of “Hold” from the twenty-three analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eighteen have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $79.6111.

Several research analysts recently commented on the stock. Barclays decreased their target price on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday. Citigroup upgraded shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and increased their target price for the company from $66.00 to $105.00 in a research note on Wednesday, October 29th. Piper Sandler raised 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 report on Wednesday, October 29th. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th.

Read Our Latest Report on Skyworks Solutions

Insider Activity at Skyworks Solutions

In other news, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions 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 completion of the sale, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is owned by insiders.

Institutional Trading of Skyworks Solutions

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Park Place Capital Corp grew its holdings in shares of Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Skyworks Solutions during the 2nd quarter worth approximately $28,000. Financial Consulate Inc. bought a new position in shares of Skyworks Solutions during the 3rd quarter worth approximately $29,000. Clearstead Trust LLC raised its holdings in shares of Skyworks Solutions by 200.0% in the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 274 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Skyworks Solutions in the second quarter valued at approximately $32,000. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Price Performance

Shares of NASDAQ:SWKS traded down $0.69 during trading hours on Friday, hitting $57.77. 3,246,132 shares of the company’s stock traded hands, compared to its average volume of 2,964,766. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. The company’s fifty day simple moving average is $64.69 and its two-hundred day simple moving average is $71.15. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $95.46. The company has a market cap of $8.66 billion, a price-to-earnings ratio of 18.82 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 11.67% and a return on equity of 12.01%. The business had revenue of $1.10 billion during the quarter. During the same quarter last year, the company posted $1.55 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.9%. Skyworks Solutions’s dividend payout ratio (DPR) is presently 92.51%.

Skyworks Solutions Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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