Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $70.70 Average Target Price from Brokerages

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) have received a consensus recommendation of “Hold” from the twenty-four analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $70.50.

SWKS has been the subject of a number of recent research reports. Mizuho lowered their price objective on shares of Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a report on Monday, January 26th. Barclays lowered their price target on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Stifel Nicolaus reaffirmed a “hold” rating and set a $65.00 price objective (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday. B. Riley Financial decreased their price objective on Skyworks Solutions from $70.00 to $60.00 and set a “neutral” rating on the stock in a report on Monday, January 26th. Finally, Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and increased their target price for the company from $70.00 to $140.00 in a report on Wednesday, October 29th.

Check Out Our Latest Analysis on Skyworks Solutions

Insider Buying and Selling at Skyworks Solutions

In related news, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. This represents a 19.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quest 10 Wealth Builders Inc. increased its position in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 342 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Skyworks Solutions during the 2nd quarter valued at about $28,000. Sound Income Strategies LLC increased its position in shares of Skyworks Solutions by 137.1% during the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 281 shares during the period. Financial Consulate Inc. bought a new position in Skyworks Solutions in the third quarter worth about $29,000. Finally, Clearstead Trust LLC raised its stake in Skyworks Solutions by 200.0% in the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 274 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

More Skyworks Solutions News

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

Skyworks Solutions Trading Up 1.9%

Shares of SWKS stock opened at $62.10 on Thursday. The business has a 50-day moving average price of $62.63 and a two-hundred day moving average price of $69.38. Skyworks Solutions has a 12-month low of $47.93 and a 12-month high of $90.90. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.17. The firm has a market cap of $9.31 billion, a P/E ratio of 23.88 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.60 EPS. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Tuesday, February 24th will be issued a $0.71 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $2.84 annualized dividend and a dividend yield of 4.6%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 109.23%.

Skyworks Solutions Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

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