Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $70.50 Average Price Target from Analysts

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have been assigned a consensus recommendation of “Hold” from the twenty-four brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, eighteen have issued a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $70.50.

Several equities research analysts have recently weighed in on SWKS shares. Royal Bank Of Canada began coverage on shares of Skyworks Solutions in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 target price on the stock. KeyCorp cut their price target on shares of Skyworks Solutions from $105.00 to $75.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Weiss Ratings lowered shares of Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. 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, February 4th. Finally, Craig Hallum dropped their price objective on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, February 4th.

Skyworks Solutions Price Performance

Shares of Skyworks Solutions stock remained flat at $55.19 during midday trading on Friday. The company had a trading volume of 5,394,546 shares, compared to its average volume of 3,269,821. The firm has a 50 day simple moving average of $57.53 and a 200 day simple moving average of $65.14. 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 company has a market capitalization of $8.30 billion, a price-to-earnings ratio of 21.23 and a beta of 1.30. Skyworks Solutions has a 1-year low of $47.93 and a 1-year high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.14. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $999.02 million. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The business’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.60 earnings per share. Skyworks Solutions has set its Q2 2026 guidance at 1.040-1.040 EPS. Equities research analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 17th. Investors of record on Tuesday, February 24th were given a dividend of $0.71 per share. The ex-dividend date was Tuesday, February 24th. This represents a $2.84 dividend on an annualized basis and a yield of 5.1%. Skyworks Solutions’s dividend payout ratio is 109.23%.

Hedge Funds Weigh In On Skyworks Solutions

Institutional investors have recently bought and sold shares of the business. Quest 10 Wealth Builders Inc. grew its holdings 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 during the last quarter. Sound Income Strategies LLC raised its holdings in shares of 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 buying an additional 281 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of Skyworks Solutions in the third quarter valued at about $29,000. Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions during the 4th quarter worth about $29,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Skyworks Solutions during the 2nd quarter worth about $32,000. Institutional investors own 85.43% of the company’s stock.

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.