Skyworks Solutions (NASDAQ:SWKS) Issues Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Skyworks Solutions (NASDAQ:SWKS) announced its earnings results on Tuesday. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.11, FiscalAI reports. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.54%. The firm had revenue of $943.70 million for the quarter, compared to the consensus estimate of $901.76 million. During the same period in the prior year, the firm earned $1.24 EPS. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. Skyworks Solutions updated its Q3 2026 guidance to 1.030-1.030 EPS.

Here are the key takeaways from Skyworks Solutions’ conference call:

• Secured a multi?generational design win with a leading Android OEM expected to generate over $1 billion through 2030, described as incremental, premium RF content that the company expects to grow year?over?year.
• Beat Q2 guidance with $944 million revenue (~$20M above the high end) and EPS of $1.15, reported nine consecutive quarters of broad?markets growth, paid $107M in dividends, and finished the quarter with a strong balance sheet (~$1.4B cash, $1B debt).
• The proposed Qorvo combination is progressing through regulatory reviews (China SAMR in phase two) with an expected close in early 2027 but management is hopeful for late?2026 and reiterates confidence in achieving synergies of $500M+.
• Near?term margin pressure from higher input costs (expedites, gold) is driving selective price increases and cost controls; Q3 guidance shows flat gross margin (~44.5%–45.5%) and an EPS midpoint of $1.03 amid seasonal mobile declines.

Skyworks Solutions Stock Up 0.6%

Shares of NASDAQ:SWKS traded up $0.37 during trading hours on Thursday, reaching $65.33. The stock had a trading volume of 4,239,969 shares, compared to its average volume of 3,772,120. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90. The firm’s 50 day moving average is $57.70 and its 200-day moving average is $62.50. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 27.08 and a beta of 1.48.

Skyworks Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.3%. Skyworks Solutions’s dividend payout ratio is currently 117.84%.

Institutional Investors Weigh In On Skyworks Solutions

A number of large investors have recently modified their holdings of SWKS. CYBER HORNET ETFs LLC purchased a new stake in shares of Skyworks Solutions in the 2nd quarter valued at approximately $32,000. MUFG Securities EMEA plc purchased a new stake in shares of Skyworks Solutions in the 2nd quarter valued at approximately $33,000. Brown Brothers Harriman & Co. increased its position in shares of Skyworks Solutions by 70.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer’s stock valued at $43,000 after purchasing an additional 232 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of Skyworks Solutions in the 4th quarter valued at approximately $48,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Skyworks Solutions by 46.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,121 shares of the semiconductor manufacturer’s stock valued at $84,000 after purchasing an additional 354 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Key Skyworks Solutions News

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

• Positive Sentiment: Q2 results beat consensus: Skyworks reported stronger-than-expected EPS and revenue for Q2, beating estimates and highlighting growth in its Broad Markets segment. This is a core bullish catalyst supporting re-rating. Skyworks Solutions, Inc. Just Beat EPS By 6.2%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Major Android OEM design win: Management disclosed a multi?generational Android OEM design win expected to generate $1B+ through 2030 — a sizable multi-year revenue stream that materially improves long?term visibility. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Raised guidance and dividend maintained: Skyworks set Q3 EPS and revenue guidance above Street expectations and confirmed a $0.71 quarterly dividend, supporting both near-term revenue outlook and income-focused investor interest. Skyworks Solutions forecasts higher revenue on strong chip demand
• Positive Sentiment: Wall Street momentum — multiple price target increases: Numerous firms raised price targets and issued upbeat notes (examples: Craig Hallum to $85, Loop Capital to $70, Citigroup/KeyCorp/UBS and others raised targets), which underpins analyst-driven upside. Craig Hallum Adjusts Price Target to $85
• Neutral Sentiment: Earnings call & strategy pivot: Management emphasized a growth pivot toward Broad Markets and multi-generational design wins on the earnings call; useful context for long-term thesis but not an immediate price mover by itself. Earnings Call Highlights Growth Pivot
• Negative Sentiment: Sell?the?news volatility and intraday decline: Despite the beat, the stock experienced heavy selling (after?hours and intraday drops reported by several outlets), driven by concerns such as year?over?year revenue decline, rising inventories and broader sector rotation — this explains the short?term downward pressure. Skyworks sinks after Q2 results, new Android win; Qorvo follows; analysts remain upbeat
• Negative Sentiment: Relative underperformance vs. semiconductor rally: Media noted Skyworks lagging a broad semiconductor rally (large single?day decline reported), signaling momentum headwinds even with fundamental positives. Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.

Wall Street Analysts Forecast Growth

SWKS has been the topic of several recent research reports. Argus raised shares of Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Mizuho reaffirmed an “underperform” rating and set a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. B. Riley Financial upped their target price on shares of Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday. Susquehanna cut 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 note on Thursday, January 22nd. Finally, BNP Paribas Exane upped their target price on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Skyworks Solutions has a consensus rating of “Hold” and a consensus price target of $76.61.

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.