Morgan Stanley Lowers Skyworks Solutions (NASDAQ:SWKS) Price Target to $72.00

Skyworks Solutions (NASDAQ:SWKS) had its price target dropped by equities researchers at Morgan Stanley from $76.00 to $72.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the semiconductor manufacturer’s stock. Morgan Stanley’s price objective indicates a potential upside of 16.13% from the company’s previous close.

Several other equities analysts have also weighed in on SWKS. KeyCorp lowered Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 14th. UBS Group upped their target price on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday. B. Riley Financial increased their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Skyworks Solutions in a research note on Wednesday, May 6th. Finally, Mizuho lowered their target price on shares of Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating on the stock in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $74.22.

Skyworks Solutions Stock Down 4.1%

Shares of Skyworks Solutions stock traded down $2.68 during trading on Wednesday, hitting $62.00. 8,839,737 shares of the stock traded hands, compared to its average volume of 4,464,643. The stock has a market cap of $9.33 billion, a P/E ratio of 26.09 and a beta of 1.50. The company has a fifty day moving average price of $69.21 and a two-hundred day moving average price of $62.83. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.03 by $0.05. The company had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. Equities research analysts predict that Skyworks Solutions will post 3.62 EPS for the current fiscal year.

Hedge Funds Weigh In On Skyworks Solutions

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Skyworks Solutions by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock valued at $1,338,198,000 after buying an additional 389,168 shares in the last quarter. Pzena Investment Management LLC raised its position in Skyworks Solutions by 27.6% in the first quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after purchasing an additional 3,481,658 shares in the last quarter. State Street Corp lifted its stake in Skyworks Solutions by 1.0% during the fourth quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock worth $418,557,000 after purchasing an additional 64,187 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Skyworks Solutions by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock valued at $374,229,000 after purchasing an additional 137,506 shares in the last quarter. Finally, FIL Ltd grew its stake in shares of Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock valued at $329,111,000 after purchasing an additional 1,742,338 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions News Summary

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

• Positive Sentiment: Skyworks reported fiscal third-quarter adjusted EPS of $1.08 and revenue of $934.8 million, exceeding consensus estimates of $1.03 and approximately $926 million, respectively. Growth in broad markets—particularly automotive and AI data-center applications—helped offset weakness elsewhere. Skyworks fiscal third-quarter results
• Positive Sentiment: The company authorized a new $2 billion share-repurchase program and announced progress toward its planned combination with Qorvo, including an expected leadership team for the combined business. Regulatory approvals are progressing. Skyworks and Qorvo expected leadership team
• Neutral Sentiment: Fiscal fourth-quarter guidance calls for adjusted EPS of $1.27 and revenue between $1.0 billion and $1.1 billion. The EPS outlook is above consensus, although investors appear focused on expected sequential pressure and continued margin challenges.
• Neutral Sentiment: Analyst views remain mixed. UBS raised its price target to $70 while maintaining a Neutral rating; RBC cut its target to $70 with a Sector Perform rating; and Citi reduced its target to $64 while remaining Neutral. Morgan Stanley maintained Hold but lowered its target to $72, citing the dividend suspension and uneven end-market trends.
• Negative Sentiment: Revenue declined 3.1% from the prior year and adjusted EPS fell from $1.33, while management indicated weaker fourth-quarter earnings expectations in underlying commentary. The combination with Qorvo is also expected to require approximately $2 billion of acquisition debt financing, adding execution and leverage concerns. Analyst revisions following Skyworks earnings
• Negative Sentiment: Mizuho downgraded Skyworks to Underperform and lowered its price target from $55 to $52, signaling substantial downside from recent trading levels and reinforcing concerns about the company’s near-term growth and profitability.

About Skyworks Solutions

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.