JPMorgan Chase & Co. Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $65.00

Skyworks Solutions (NASDAQ:SWKS) had its price target decreased by JPMorgan Chase & Co. from $70.00 to $65.00 in a research report released on Wednesday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the semiconductor manufacturer’s stock.

Several other brokerages also recently commented on SWKS. Stifel Nicolaus cut their price target on shares of Skyworks Solutions from $75.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday. Craig Hallum boosted their price objective on Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. UBS Group upped their price target on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Wednesday. Royal Bank Of Canada reduced their price target on shares of Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Mizuho decreased their price objective on shares of Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating for the company in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $74.22.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $62.28 on Wednesday. The stock has a market cap of $9.37 billion, a price-to-earnings ratio of 32.27 and a beta of 1.50. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $90.90. The business has a 50-day simple moving average of $68.32 and a two-hundred day simple moving average of $62.85. The company has a quick ratio of 1.70, a current ratio of 3.10 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The firm had revenue of $934.80 million during the quarter, compared to analyst estimates of $925.97 million. During the same quarter last year, the business posted $1.33 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, analysts expect that Skyworks Solutions will post 3.62 EPS for the current year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th were issued a $0.71 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.6%. Skyworks Solutions’s dividend payout ratio (DPR) is currently 147.15%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Quest 10 Wealth Builders Inc. raised its stake in shares of Skyworks Solutions by 488.6% in 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. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions in the second quarter valued at approximately $32,000. MUFG Securities EMEA plc purchased a new stake in Skyworks Solutions in the second quarter valued at approximately $33,000. Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions in the 4th quarter worth approximately $29,000. Finally, Sound Income Strategies LLC increased its holdings in Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 281 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.

Key Skyworks Solutions News

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

• Positive Sentiment: UBS raised its Skyworks price target to $70, providing one of the few bullish analyst signals and suggesting meaningful upside from recent trading levels. UBS Group Increases Skyworks Solutions Price Target
• Neutral Sentiment: Analyst opinion remains mixed. Skyworks has an average “Hold” recommendation, indicating that brokerages generally see limited near-term catalysts and a relatively balanced risk-reward profile. Skyworks Given Average Hold Recommendation
• Neutral Sentiment: A valuation review concluded that SWKS is trading near estimated fair value, rather than at a clearly discounted level. That limits the appeal of the stock as a value opportunity unless operating fundamentals improve. Skyworks Trades Near Fair Value
• Neutral Sentiment: Broader technology-sector commentary described mixed views on Skyworks, reinforcing uncertainty around its growth outlook relative to other semiconductor and technology companies. Analysts Opinions Are Mixed on Technology Stocks
• Negative Sentiment: Citigroup cut its price target to $64 and TD Cowen lowered its target to $65. These targets leave relatively little upside and signal that analysts are becoming more cautious about the company’s earnings trajectory. Citigroup Lowers Skyworks Price Target TD Cowen Lowers Skyworks Price Target
• Negative Sentiment: JPMorgan, RBC, Stifel and Mizuho also lowered their expectations for Skyworks’ stock, creating a broad wave of negative analyst revisions likely weighing on investor sentiment. JPMorgan Lowers Skyworks Expectations RBC Lowers Skyworks Expectations Stifel Lowers Skyworks Expectations

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.