UBS Group Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $80.00

Skyworks Solutions (NASDAQ:SWKSFree Report) had its target price cut by UBS Group from $85.00 to $80.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

Several other analysts have also recently weighed in on SWKS. Stifel Nicolaus set a $72.00 price objective on shares of Skyworks Solutions in a research report on Wednesday. Morgan Stanley raised their price target on Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. The Goldman Sachs Group initiated coverage on Skyworks Solutions in a research note on Thursday, July 10th. They set a “sell” rating and a $70.00 price target for the company. Citigroup upgraded Skyworks Solutions from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $66.00 to $105.00 in a research report on Wednesday, October 29th. Finally, Loop Capital upped their price objective on shares of Skyworks Solutions from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $83.94.

View Our Latest Research Report on Skyworks Solutions

Skyworks Solutions Price Performance

NASDAQ:SWKS opened at $69.58 on Wednesday. Skyworks Solutions has a 52-week low of $47.93 and a 52-week high of $95.46. The stock has a fifty day moving average of $75.63 and a 200 day moving average of $72.92. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The firm has a market capitalization of $10.33 billion, a price-to-earnings ratio of 27.83 and a beta of 1.21.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. The firm had revenue of $1.10 billion during the quarter. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, research analysts expect that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be given a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.1%. Skyworks Solutions’s payout ratio is presently 88.75%.

Hedge Funds Weigh In On Skyworks Solutions

Several hedge funds have recently made changes to their positions in the business. Park Place Capital Corp lifted its position in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 141 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Skyworks Solutions during the second quarter valued at approximately $28,000. Financial Consulate Inc. purchased a new position in shares of Skyworks Solutions during the third quarter valued at approximately $29,000. Clearstead Trust LLC boosted its position in shares of Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 274 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Skyworks Solutions in the 2nd quarter worth approximately $32,000. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.