Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $76.61 Average Target Price from Brokerages

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have earned a consensus rating of “Hold” from the twenty-three research firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, fifteen have given a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $76.6111.

Several brokerages have recently issued reports on SWKS. Citigroup raised their target price on Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. B. Riley Financial raised 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. JPMorgan Chase & Co. raised their target price on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Barclays raised Skyworks Solutions from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Finally, UBS Group raised their target price on Skyworks Solutions from $63.00 to $75.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th.

Institutional Investors Weigh In On Skyworks Solutions

Several large investors have recently made changes to their positions in SWKS. Pzena Investment Management LLC increased its holdings in Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after acquiring an additional 3,481,658 shares during the last quarter. Norges Bank purchased a new stake in Skyworks Solutions in the 4th quarter worth about $121,304,000. FIL Ltd increased its holdings in Skyworks Solutions by 50.5% in the 4th 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 last quarter. Capital Research Global Investors purchased a new stake in Skyworks Solutions in the 4th quarter worth about $102,279,000. Finally, Vanguard Group Inc. increased its holdings in Skyworks Solutions by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after acquiring an additional 958,768 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $73.97 on Wednesday. The company has a fifty day simple moving average of $67.63 and a 200 day simple moving average of $63.06. Skyworks Solutions has a 12-month low of $51.93 and a 12-month high of $90.90. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The company has a market cap of $11.13 billion, a P/E ratio of 30.69 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share 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 business had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. During the same period last year, the business earned $1.24 EPS. The business’s revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Sell-side analysts predict that Skyworks Solutions will post 3.61 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a dividend yield of 3.8%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 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.