Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $72.00

Skyworks Solutions (NASDAQ:SWKS) had its price objective lifted by Royal Bank Of Canada from $65.00 to $72.00 in a report released on Wednesday morning,Benzinga reports. They currently have a sector perform rating on the semiconductor manufacturer’s stock.

A number of other research analysts have also recently commented on SWKS. JPMorgan Chase & Co. boosted their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings cut Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Barclays upgraded Skyworks Solutions from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $60.00 to $70.00 in a research note on Wednesday, April 22nd. Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Finally, Argus upgraded Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Price Performance

Shares of Skyworks Solutions stock opened at $66.78 on Wednesday. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90. The stock has a market capitalization of $10.04 billion, a P/E ratio of 27.71 and a beta of 1.48. The company has a current ratio of 2.38, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The business’s fifty day moving average price is $57.81 and its 200 day moving average price is $62.43.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The firm had revenue of $943.70 million for the quarter, compared to analysts’ expectations of $901.76 million. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The firm’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, research analysts anticipate that Skyworks Solutions will post 3.25 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th will be issued 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 4.3%. Skyworks Solutions’s dividend payout ratio is 117.84%.

Institutional Investors Weigh In On Skyworks Solutions

A number of hedge funds have recently made changes to their positions in SWKS. Cassaday & Co Wealth Management LLC acquired a new stake in Skyworks Solutions in the first quarter worth approximately $107,000. Johnson Financial Group Inc. lifted its position in Skyworks Solutions by 2,805.6% in the first quarter. Johnson Financial Group Inc. now owns 2,615 shares of the semiconductor manufacturer’s stock worth $140,000 after purchasing an additional 2,525 shares during the period. Meeder Asset Management Inc. lifted its position in Skyworks Solutions by 139.5% in the first quarter. Meeder Asset Management Inc. now owns 44,231 shares of the semiconductor manufacturer’s stock worth $2,369,000 after purchasing an additional 25,762 shares during the period. Dimensional Fund Advisors LP lifted its position in Skyworks Solutions by 19.5% in the first quarter. Dimensional Fund Advisors LP now owns 4,612,201 shares of the semiconductor manufacturer’s stock worth $246,978,000 after purchasing an additional 753,004 shares during the period. Finally, Parallel Advisors LLC lifted its position in Skyworks Solutions by 34.1% in the first quarter. Parallel Advisors LLC now owns 4,175 shares of the semiconductor manufacturer’s stock worth $224,000 after purchasing an additional 1,061 shares during the period. Institutional investors 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: Several brokers raised their price targets on Skyworks Solutions, including Loop Capital, Craig Hallum, UBS, TD Cowen, KeyCorp, JPMorgan, Citi, BNP Paribas Exane, and others, with new targets mostly in the $70 to $85 range. Article Link
• Positive Sentiment: Skyworks recently beat second-quarter EPS estimates, which reinforced the view that earnings momentum may be improving and helped support bullish analyst forecasts. Article Link
• Neutral Sentiment: Analysts remain cautious overall despite the higher targets, with some firms still carrying neutral or hold ratings, signaling that upside expectations are not universally strong. Article Link
• Negative Sentiment: A shareholder litigation firm announced an investigation into possible fiduciary-duty breaches by Skyworks officers and directors, which could create legal overhang and weigh on sentiment. Article Link

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.