Analysts Set Skyworks Solutions, Inc. (NASDAQ:SWKS) Target Price at $70.50

Skyworks Solutions, Inc. (NASDAQ:SWKS) has been given a consensus rating of “Hold” by the twenty-four research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $70.50.

A number of research firms have issued reports on SWKS. Citigroup cut their price objective on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Zacks Research lowered shares of Skyworks Solutions from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 16th. Craig Hallum cut their price target on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. KeyCorp reduced their price objective on shares of Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, Susquehanna dropped their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $53.55 on Friday. The firm has a market capitalization of $8.05 billion, a P/E ratio of 20.60 and a beta of 1.30. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $90.90. The stock has a 50 day moving average price of $57.73 and a two-hundred day moving average price of $65.30. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter last year, the company earned $1.60 earnings per share. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Equities analysts forecast that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Tuesday, February 24th were given a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $2.84 annualized dividend and a yield of 5.3%. Skyworks Solutions’s payout ratio is currently 109.23%.

Institutional Investors Weigh In On Skyworks Solutions

Several large investors have recently made changes to their positions in SWKS. AE Wealth Management LLC boosted its stake in Skyworks Solutions by 7.8% in the third quarter. AE Wealth Management LLC now owns 193,525 shares of the semiconductor manufacturer’s stock valued at $14,898,000 after acquiring an additional 14,007 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in Skyworks Solutions in the third quarter valued at approximately $12,155,000. JPMorgan Chase & Co. lifted its stake in Skyworks Solutions by 2.6% in the third quarter. JPMorgan Chase & Co. now owns 1,163,728 shares of the semiconductor manufacturer’s stock valued at $89,584,000 after purchasing an additional 29,444 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in Skyworks Solutions by 102.6% during the third quarter. Y Intercept Hong Kong Ltd now owns 79,771 shares of the semiconductor manufacturer’s stock valued at $6,141,000 after purchasing an additional 40,390 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Skyworks Solutions by 26.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock worth $51,728,000 after buying an additional 142,600 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

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.