Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives $76.61 Consensus Target Price from Analysts

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) have been given an average recommendation of “Hold” by the twenty-three research firms that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $76.6111.

SWKS has been the subject of several research reports. B. Riley Financial boosted their price objective on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Citigroup raised their target price on Skyworks Solutions from $63.00 to $77.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Loop Capital boosted their price target on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus raised their price objective on Skyworks Solutions from $65.00 to $75.00 and gave the company a “hold” rating in a report on Wednesday, May 6th.

Skyworks Solutions Price Performance

NASDAQ SWKS traded up $0.42 on Wednesday, hitting $71.84. The company had a trading volume of 150,457 shares, compared to its average volume of 4,079,577. The company has a market capitalization of $10.80 billion, a PE ratio of 29.74 and a beta of 1.50. The company’s fifty day moving average price is $68.38 and its 200-day moving average price is $63.19. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.38 and a quick ratio of 1.70. Skyworks Solutions has a 12-month low of $51.93 and a 12-month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.11. The business had revenue of $943.70 million for the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 earnings per share. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, analysts predict that Skyworks Solutions will post 3.61 earnings per share for the current year.

Skyworks Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, May 26th were paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 117.84%.

Institutional Trading of Skyworks Solutions

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Skyworks Solutions by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock worth $1,338,198,000 after buying an additional 389,168 shares in the last quarter. Pzena Investment Management LLC boosted its stake in Skyworks Solutions by 27.6% during the first quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer’s stock worth $862,591,000 after buying an additional 3,481,658 shares during the last quarter. State Street Corp grew its holdings in Skyworks Solutions by 1.0% in the 4th quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer’s stock valued at $418,557,000 after buying an additional 64,187 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Skyworks Solutions by 2.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer’s stock worth $374,229,000 after acquiring an additional 137,506 shares during the last quarter. Finally, FIL Ltd increased its stake in shares of Skyworks Solutions by 50.5% in the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer’s stock worth $329,111,000 after acquiring an additional 1,742,338 shares during the last quarter. Hedge funds and other 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.