Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $95.00

Skyworks Solutions (NASDAQ:SWKS) had its target price increased by Morgan Stanley from $72.00 to $95.00 in a report published on Monday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the semiconductor manufacturer’s stock.

A number of other research firms also recently issued reports on SWKS. Susquehanna raised their price target on Skyworks Solutions from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Wednesday, October 28th. KeyCorp lowered shares of Skyworks Solutions from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 14th. TD Cowen cut their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Wednesday, July 29th. Finally, Citigroup upped their price target on shares of Skyworks Solutions from $64.00 to $90.00 and gave the company a “neutral” rating in a research report on Tuesday, October 6th. Five equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $76.78.

Skyworks Solutions Stock Performance

NASDAQ SWKS opened at $82.92 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.10 and a quick ratio of 1.94. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $92.80. The company has a market capitalization of $12.48 billion, a PE ratio of 72.74, a P/E/G ratio of 2.33 and a beta of 1.51. The company has a fifty day moving average of $81.55 and a two-hundred day moving average of $67.93.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.01. Skyworks Solutions had a return on equity of 9.68% and a net margin of 4.35%. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. As a group, analysts expect that Skyworks Solutions will post 3.52 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in Skyworks Solutions during the 2nd quarter worth approximately $1,393,584,000. Pzena Investment Management LLC acquired a new position in Skyworks Solutions during the second quarter worth $1,082,972,000. Dimensional Fund Advisors LP raised its position in Skyworks Solutions by 19.5% in the first quarter. Dimensional Fund Advisors LP now owns 4,612,201 shares of the semiconductor manufacturer’s stock worth $246,978,000 after acquiring an additional 753,004 shares in the last quarter. Bank of America Corp DE purchased a new position in Skyworks Solutions in the second quarter worth $180,898,000. Finally, Bank of New York Mellon Corp acquired a new stake in Skyworks Solutions in the second quarter valued at $143,597,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Trending Headlines about Skyworks Solutions

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

• Positive Sentiment: Skyworks reported fiscal Q4 non-GAAP EPS of $1.28 and revenue of about $1.05 billion, narrowly exceeding analyst estimates. The company also highlighted potential annual cost synergies of at least $500 million from the Qorvo combination. Article
• Positive Sentiment: Management is targeting 50%–55% gross margins within 24–36 months, while pointing to growth opportunities in AI data centers, premium smartphones, and other diversified markets. These are longer-term prospects rather than an immediate fix for the weak outlook. Article
• Negative Sentiment: Fiscal Q4 revenue and earnings declined year over year, and first-quarter sales guidance came in below expectations. Investors are weighing this near-term contraction against the time and costs required to integrate Qorvo. Article
• Negative Sentiment: Analysts flagged Android weakness and a sluggish smartphone market, which could delay the merger’s benefits. Citigroup, RBC, and Susquehanna lowered price targets, while Goldman Sachs initiated coverage with a sell rating. Article

Skyworks Solutions Company Profile

Skyworks Solutions, Inc (NASDAQ: SWKS) is a semiconductor company that designs and manufactures high-performance analog and mixed-signal products for wireless connectivity applications. Its portfolio includes radio-frequency front-end modules, amplifiers, filters, switches, antenna tuners, and other integrated solutions used to transmit, receive, and manage wireless signals.

The company serves a range of markets, including smartphones and other mobile devices, automotive systems, industrial equipment, home automation, medical devices, aerospace, and defense.