Citigroup Increases Skyworks Solutions (NASDAQ:SWKS) Price Target to $77.00

Skyworks Solutions (NASDAQ:SWKS) had its target price increased by equities researchers at Citigroup from $63.00 to $77.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the semiconductor manufacturer’s stock. Citigroup’s price objective suggests a potential upside of 18.39% from the stock’s previous close.

A number of other research firms have also recently commented on SWKS. Mizuho reaffirmed an “underperform” rating and issued a $46.00 target price (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Barclays raised shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Royal Bank Of Canada increased their price target on shares of Skyworks Solutions from $65.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Craig Hallum reduced their price target on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Morgan Stanley increased their price target on shares of Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $76.61.

Skyworks Solutions Trading Up 0.1%

NASDAQ SWKS opened at $65.04 on Wednesday. The firm’s 50-day moving average is $57.81 and its two-hundred day moving average is $62.43. Skyworks Solutions has a 12 month low of $51.93 and a 12 month high of $90.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.80. The stock has a market capitalization of $9.78 billion, a P/E ratio of 26.99 and a beta of 1.48.

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

Institutional Trading of Skyworks Solutions

Several hedge funds have recently made changes to their positions in SWKS. Quest 10 Wealth Builders Inc. lifted its position in shares of Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 342 shares in the last quarter. Sound Income Strategies LLC raised its holdings in Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Skyworks Solutions by 93.8% in the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 257 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Skyworks Solutions in the fourth quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Key Skyworks Solutions News

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

• Positive Sentiment: Q2 earnings & revenues topped Street expectations; Broad Markets now represent ~42% of sales, management announced an Android OEM design win that the company says could be >$1B through 2030, and the quarterly dividend was declared at $0.71. These factors support upside to growth and cash return assumptions. SWKS Q2 Earnings Beat
• Positive Sentiment: Heavy analyst optimism — numerous firms raised price targets (examples include Craig Hallum, KeyCorp, Citigroup, JPMorgan, Morgan Stanley, UBS, TD Cowen, BNP Paribas, Stifel, B. Riley and others), with several targets moved into the $70–$85 range. That raises the consensus upside and can support buying interest. Analyst Price Target Coverage
• Neutral Sentiment: Earnings?call commentary highlighted a strategic “growth pivot” (focus on Broad Markets and design?win traction), which is constructive long term but may take quarters to materialize into materially higher revenue and margins. Earnings Call Highlights
• Negative Sentiment: Despite the beat, SWKS traded lower in extended sessions and underperformed a strong semiconductor rally — headlines noted a sharp intraday selloff. That suggests some investors focused on metrics beyond the quarter (year?over?year revenue softness, EPS decline vs. last year, or tempered forward cues). Why Skyworks Was Down
• Negative Sentiment: Coverage and market commentary flagged a post?report drop in after?hours trading (and “sinks after Q2” writeups), indicating short?term profit?taking or disappointment from guidance/forward expectations despite the beat. Seeking Alpha: Skyworks Sinks

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.