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

Skyworks Solutions (NASDAQ:SWKS) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.030-1.030 for the period, compared to the consensus EPS 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 Trading Up 5.4%

Shares of SWKS stock traded up $3.71 during mid-day trading on Tuesday, reaching $72.56. 6,777,723 shares of the stock traded hands, compared to its average volume of 3,692,232. The stock’s fifty day simple moving average is $57.35 and its two-hundred day simple moving average is $62.58. Skyworks Solutions has a 1-year low of $51.93 and a 1-year high of $90.90. The company has a market cap of $10.91 billion, a price-to-earnings ratio of 27.91 and a beta of 1.48. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS 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 firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same period last year, the firm posted $1.60 earnings per share. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. On average, research analysts anticipate that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Analysts Set New Price Targets

SWKS has been the topic of a number of recent research reports. BNP Paribas Exane cut their price target on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 21st. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Stifel Nicolaus reissued a “hold” rating and set a $65.00 price target (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Finally, Argus raised 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 issued a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $70.28.

Key Headlines Impacting Skyworks Solutions

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

• Positive Sentiment: Beat Q2 estimates and announced a large multi?year design win — Skyworks reported Q2 revenue of $944M and non?GAAP EPS of $1.15, exceeding guidance and consensus; the company also secured a multi?generational Android OEM design win expected to generate $1B+ through 2030. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Quarterly beats on the numbers — Non?GAAP EPS of $1.15 beat by $0.11 and revenue of $943.7M topped expectations, signaling operational beat vs. consensus. Skyworks Solutions Non?GAAP EPS of $1.15 beats by $0.11, revenue of $944M beats by $42.21M
• Positive Sentiment: Raised/strong forward outlook — Skyworks forecast quarterly revenue above estimates and provided Q3 EPS and revenue guidance (EPS ~1.03; revenue midpoint above Street), citing strong RF chip demand for premium smartphones. That guidance drove upside investor reaction. Skyworks Solutions forecasts higher revenue on strong chip demand
• Neutral Sentiment: Inventory increase noted — Company commentary and reporting flagged higher inventory levels, which could pressure near?term working capital and margins but may also reflect buildup for anticipated customer demand. Skyworks Solutions (NASDAQ:SWKS) Reports Upbeat Q1 But Inventory Levels Increase
• Neutral Sentiment: Product/market expansion — Skyworks is broadening its portfolio (Si86Px digital isolators with integrated power) to address industrial, automotive and edge computing markets, supporting diversification beyond handset RF. Is Skyworks (SWKS) Using Integrated Isolators To Quietly Redefine Its Edge Computing Strategy?
• Negative Sentiment: Revenue down year?over?year — Despite the beats, revenue was flat-to-down YoY in the quarter, and some coverage highlighted the YoY decline; that mix/cadence concern is why some traders initially pushed the stock lower. Skyworks beats Q2 estimates but shares edge lower as revenue declines YoY
• Negative Sentiment: Market reaction nuance — Associated Press and other outlets noted the revenue decline and investor focus on inventories and cadence, creating mixed near?term sentiment despite the beat-and-guide. Skyworks: Fiscal Q2 Earnings Snapshot

Hedge Funds Weigh In On Skyworks Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the stock. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions in the second quarter worth approximately $32,000. MUFG Securities EMEA plc bought a new stake in Skyworks Solutions in the second quarter worth approximately $33,000. Brown Brothers Harriman & Co. increased its holdings in Skyworks Solutions by 70.7% in the third quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 232 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in Skyworks Solutions in the fourth quarter worth approximately $48,000. Finally, Smartleaf Asset Management LLC increased its holdings in Skyworks Solutions by 46.2% in the second 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 in the last quarter. 85.43% of the stock is owned by institutional investors and hedge funds.

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.