JPMorgan Chase & Co. Increases Skyworks Solutions (NASDAQ:SWKS) Price Target to $70.00

Key Points

• JPMorgan Chase raised its price target on Skyworks to $70 (from $65), implying roughly a 10.5% upside from the prior close.
• Skyworks beat Q2 estimates with non‑GAAP EPS of $1.15 and $943.7M revenue, issued upbeat Q3 guidance of $1.03 non‑GAAP EPS, secured an Android OEM design win projected to generate $1B+ through 2030, and declared a $0.71 quarterly dividend.
• Market reaction and analyst sentiment remain mixed: shares fell in after‑hours trading despite the beat, and the consensus analyst rating is Hold with an average price target of about $72.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price target increased by equities research analysts at JPMorgan Chase & Co. from $65.00 to $70.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 10.47% from the stock's previous close.

SWKS has been the topic of several other reports. Wall Street Zen cut Skyworks Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, January 10th. Zacks Research cut Skyworks Solutions from a "strong-buy" rating to a "hold" rating in a report on Monday, February 16th. Weiss Ratings downgraded Skyworks Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, February 6th. Susquehanna cut their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a "neutral" rating for the company in a report on Thursday, January 22nd. Finally, KeyCorp reduced their price target on shares of Skyworks Solutions from $105.00 to $75.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $72.00.

Skyworks Solutions Stock Down 12.7%

Shares of Skyworks Solutions stock opened at $63.37 on Wednesday. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 24.35 and a beta of 1.48. The company has a 50-day moving average of $57.60 and a 200 day moving average of $62.57. 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 earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The company's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, sell-side analysts anticipate that Skyworks Solutions will post 3.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Skyworks Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in SWKS. Quest 10 Wealth Builders Inc. lifted its position 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 valued at $26,000 after buying an additional 342 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 281 shares in the last quarter. AdvisorNet Financial Inc lifted its position in Skyworks Solutions by 93.8% during the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 257 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions during the fourth quarter valued at approximately $29,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions in the second quarter valued at approximately $32,000. Hedge funds and other institutional investors own 85.43% of the company's stock.

Key Skyworks Solutions News

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

• Positive Sentiment: Beat analyst expectations — Skyworks reported non‑GAAP EPS of $1.15 and revenue of $943.7M, above consensus, showing operational beat vs. Street forecasts. Skyworks Solutions (SWKS) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Upside guidance — management set Q3 FY2026 non‑GAAP EPS guidance of $1.03 (well above consensus ~$0.86) and revenue guidance ($900M–$950M) that tops analyst expectations, supporting forward‑looking revenue momentum. Skyworks Solutions forecasts higher revenue on strong chip demand
• Positive Sentiment: Large multi‑generational design win — company secured an Android OEM design win projected to generate $1B+ revenue through 2030, which is material long‑term upside to revenue mix. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Dividend increase/confirmation — Skyworks declared a quarterly dividend of $0.71 (annualized yield ~3.9%; ex‑div May 26), which supports income investors and can buoy the share price.
• Neutral Sentiment: Earnings call and transcripts available — management commentary is now public (transcripts on Seeking Alpha/Fool); investors will parse the call for color on end‑market demand and inventory cadence. Skyworks Solutions, Inc. (SWKS) Q2 2026 Earnings Call Transcript
• Negative Sentiment: After‑hours selling despite beats — shares fell in after‑hours trade even though results beat, indicating some investors are focusing on weaker GAAP metrics, inventory, or near‑term risks. Skyworks Solutions (SKWS) Stock Is Trending Overnight: Here's Why
• Negative Sentiment: Rising inventories and weak GAAP profit — reports note inventory build and GAAP diluted EPS of $0.24 (below non‑GAAP), and revenue was flat YoY (down ~1%), which raises concern about near‑term demand normalization and margin pressure. Skyworks Solutions NASDAQ: SWKS Reports Upbeat Q1 But Inventory Levels Increase

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.

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