Morgan Stanley Issues Positive Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price

Skyworks Solutions (NASDAQ:SWKS) had its price objective increased by Morgan Stanley from $65.00 to $89.00 in a research report report published on Wednesday,MarketScreener reports. The brokerage currently has an equal weight rating on the semiconductor manufacturer’s stock.

Several other equities research analysts also recently commented on SWKS. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $70.00 to $140.00 in a report on Wednesday. Wall Street Zen raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Barclays upgraded shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and upped their price objective for the stock from $58.00 to $88.00 in a report on Wednesday. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a report on Tuesday. Finally, UBS Group raised shares of Skyworks Solutions to a “positive” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $84.12.

Skyworks Solutions Price Performance

Shares of NASDAQ SWKS opened at $78.74 on Wednesday. The firm’s 50-day moving average price is $75.86 and its 200-day moving average price is $72.17. Skyworks Solutions has a 1-year low of $47.93 and a 1-year high of $95.46. The firm has a market capitalization of $11.69 billion, a P/E ratio of 31.50 and a beta of 1.20. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company had revenue of $965.00 million during the quarter, compared to the consensus estimate of $940.00 million. During the same period last year, the business posted $1.21 EPS. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities research analysts anticipate that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 3.6%. Skyworks Solutions’s dividend payout ratio is currently 113.60%.

Institutional Investors Weigh In On Skyworks Solutions

Institutional investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of Skyworks Solutions by 9.1% in the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after buying an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC raised its position in Skyworks Solutions by 30.6% in the first quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock worth $255,000 after acquiring an additional 927 shares during the period. Teacher Retirement System of Texas purchased a new position in Skyworks Solutions in the first quarter valued at about $1,511,000. Envestnet Asset Management Inc. grew its position in shares of Skyworks Solutions by 91.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock valued at $30,690,000 after acquiring an additional 226,938 shares during the period. Finally, HB Wealth Management LLC bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at approximately $442,000. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.