Citigroup Issues Positive Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price

Key Points

• Citigroup raised its price target on Skyworks from $63 to $77 while keeping a "neutral" rating, implying roughly a 20% upside from current levels.
• Skyworks beat Q2 estimates (EPS $1.15 vs. $1.04 consensus; revenue $943.7M vs. $901.8M) and issued stronger Q3 guidance plus a multi‑generational Android OEM design win expected to generate $1B+ through 2030, but management warned of higher inventory and revenue was roughly flat YoY, prompting after‑hours selling.
• Multiple brokerages raised targets (average analyst target ~$74.28) yet the consensus rating remains "Hold"; shares traded near $64.14 intraday and the board declared a quarterly dividend of $0.71 (~4.5% yield).

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its target price hoisted by equities research analysts at Citigroup from $63.00 to $77.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a "neutral" rating on the semiconductor manufacturer's stock. Citigroup's target price would indicate a potential upside of 20.05% from the stock's current price.

Several other equities research analysts have also recently weighed in on the company. Morgan Stanley upped their price target on Skyworks Solutions from $69.00 to $76.00 and gave the company an "equal weight" rating in a research report on Wednesday. Craig Hallum decreased their price target on Skyworks Solutions from $85.00 to $75.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. B. Riley Financial upped their price target on Skyworks Solutions from $60.00 to $68.00 and gave the company a "neutral" rating in a research report on Wednesday. Mizuho reiterated an "underperform" rating and set a $46.00 price target (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. Finally, JPMorgan Chase & Co. upped their price target on Skyworks Solutions from $65.00 to $70.00 in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $74.28.

Skyworks Solutions Price Performance

Shares of SWKS traded down $8.42 during midday trading on Wednesday, hitting $64.14. 6,815,860 shares of the company traded hands, compared to its average volume of 3,723,599. The stock has a 50-day moving average of $57.60 and a 200-day moving average of $62.57. Skyworks Solutions has a one year low of $51.93 and a one year high of $90.90. The firm has a market cap of $9.65 billion, a P/E ratio of 24.68 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The firm had revenue of $943.70 million for the quarter, compared to analysts' expectations of $901.76 million. During the same period in the prior year, the business posted $1.24 earnings per share. The company's revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, sell-side analysts predict that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Quest 10 Wealth Builders Inc. increased its position 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. Sound Income Strategies LLC boosted its stake in Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 281 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in Skyworks Solutions by 93.8% in the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 257 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions in the fourth quarter worth approximately $29,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions in the second quarter worth approximately $32,000. 85.43% of the stock is currently owned by institutional investors.

Key Stories Impacting Skyworks Solutions

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

• Positive Sentiment: Q2 results beat expectations and management secured a multi‑generational Android OEM design win expected to generate $1B+ through 2030 — the beat and the large design win are clear revenue catalysts and underpinned upbeat commentary on smartphone RF demand. GlobeNewswire: Press Release
• Positive Sentiment: Company issued stronger-than-expected Q3 fiscal guidance (EPS ~1.03 and revenue midpoint well above consensus), suggesting demand for RF chips is improving across premium smartphones. Yahoo Finance: Forecasts Higher Revenue
• Positive Sentiment: Multiple brokerages raised price targets (KeyCorp, Morgan Stanley, JPMorgan, BNP Paribas Exane, RBC, B. Riley), many to the $70–85 range — this increases analyst valuation support and signals institutional confidence. Benzinga / MarketScreener coverage
• Positive Sentiment: Board declared a quarterly dividend of $0.71 (4.5% yield on the stated basis) with an upcoming ex‑dividend date, which supports income‑oriented investors. Benzinga: Dividend Announcement
• Neutral Sentiment: Full earnings and analyst call transcripts are available for modelers and active traders who want detail on product mix, inventory and customer timing. Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Despite the beat, revenue was roughly flat year‑over‑year and management flagged higher inventory levels; shares moved lower in after‑hours trading following the print — these operational caveats likely prompted some profit‑taking and short‑term selling pressure. Yahoo Finance: Revenue Flat / Inventory Note

About Skyworks Solutions

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.