Skyworks Solutions (NASDAQ:SWKS) Releases Q3 2026 Earnings Guidance

Skyworks Solutions (NASDAQ:SWKS) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.030-1.030 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of $900.0 million-$950.0 million, compared to the consensus revenue estimate of $863.4 million.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS traded up $3.71 during mid-day trading on Tuesday, reaching $72.56. 6,400,987 shares of the company traded hands, compared to its average volume of 3,660,177. The firm has a market cap of $10.91 billion, a PE ratio of 27.91 and a beta of 1.48. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. The stock has a fifty day simple moving average of $57.35 and a 200-day simple moving average of $62.58.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $999.02 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.60 earnings per share. Equities research analysts anticipate that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SWKS. B. Riley Financial reduced their target price on shares of Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Craig Hallum reduced their target price on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Argus upgraded shares of Skyworks Solutions to a “hold” rating in a report on Friday, February 6th. TD Cowen reduced their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Wednesday, February 4th. Finally, KeyCorp reduced their target price on shares of Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $70.28.

Hedge Funds Weigh In On Skyworks Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions in the 2nd quarter worth approximately $32,000. MUFG Securities EMEA plc acquired a new position in Skyworks Solutions in the 2nd quarter worth approximately $33,000. Brown Brothers Harriman & Co. boosted its stake in Skyworks Solutions by 70.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 232 shares during the period. Atlas Capital Advisors Inc. acquired a new position in Skyworks Solutions in the 4th quarter worth approximately $48,000. Finally, Smartleaf Asset Management LLC boosted its stake in Skyworks Solutions by 46.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,121 shares of the semiconductor manufacturer’s stock worth $84,000 after purchasing an additional 354 shares during the period. Institutional investors and hedge funds own 85.43% of the company’s stock.

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.