Royal Bank Of Canada Issues Positive Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price

Key Points

• Royal Bank of Canada raised its price target on Skyworks from $65 to $72 while keeping a "sector perform" rating, implying about an 11% upside from the current price.
• Skyworks beat Q2 estimates with $1.15 EPS vs. $1.04 expected and $943.7M revenue, issued stronger-than-expected Q3 EPS guidance of $1.03, and announced a design win expected to generate over $1B through 2030.
• Despite the positive results, shares fell (trading near $64.84) amid after-hours selling and investor concerns over roughly flat YoY revenue, rising inventories, and a consensus analyst rating of Hold with a ~$72.94 average price target.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its target price lifted by analysts at Royal Bank Of Canada from $65.00 to $72.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a "sector perform" rating on the semiconductor manufacturer's stock. Royal Bank Of Canada's price objective indicates a potential upside of 11.04% from the stock's current price.

A number of other equities analysts also recently issued reports on SWKS. Susquehanna lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a "neutral" rating on the stock in a research report on Thursday, January 22nd. Mizuho reiterated an "underperform" rating and set a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research report on Monday, April 20th. TD Cowen reduced their price objective on Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating on the stock in a research report on Wednesday, February 4th. UBS Group reduced their price objective on Skyworks Solutions from $63.00 to $58.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. lifted their price objective 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 assigned a Sell rating to the company's stock. According to MarketBeat.com, Skyworks Solutions currently has an average rating of "Hold" and a consensus price target of $72.94.

Skyworks Solutions Stock Performance

Skyworks Solutions stock traded down $7.72 during midday trading on Wednesday, hitting $64.84. 4,491,147 shares of the company were exchanged, compared to its average volume of 3,700,131. The firm has a market capitalization of $9.75 billion, a PE ratio of 24.75 and a beta of 1.48. Skyworks Solutions has a fifty-two week low of $51.93 and a fifty-two week high of $90.90. The business has a fifty day simple moving average of $57.60 and a two-hundred day simple moving average of $62.57. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.40.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. lifted its holdings in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer's stock worth $26,000 after buying an additional 342 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in 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 buying an additional 281 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 257 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions during the 4th quarter worth about $29,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the 2nd quarter worth about $32,000. 85.43% of the stock is owned by institutional investors and hedge funds.

More Skyworks Solutions News

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

• Positive Sentiment: Quarterly beat and stronger-than-expected guidance — Skyworks reported non‑GAAP EPS of $1.15 vs. $1.04 est. and issued Q3 EPS guidance of $1.03 (well above consensus) with revenue guidance $900–$950M, signaling demand strength. Press Release
• Positive Sentiment: Large multi‑generational Android OEM design win — management said it secured a design win expected to generate $1B+ through 2030, underpinning longer‑term revenue visibility. Blockonomi Article
• Positive Sentiment: Analyst upgrades/price target lifts — Multiple firms raised targets (KeyCorp to $85/overweight; BNP Paribas, JPMorgan, Morgan Stanley, B. Riley all lifted targets), providing institutional validation and upside thesis. Benzinga (KeyCorp) MarketScreener (BNP) MarketScreener (JPM) MarketScreener (MS)
• Positive Sentiment: Dividend declared — the company announced a $0.71 quarterly dividend (annualized yield ~4.5%), which supports income investors and reduces short‑term downside for some holders.
• Neutral Sentiment: Earnings call/transcript available — management commentary and the Q&A could shift sentiment further; transcripts are posted for investors digging into channel, OEM cadence and inventory commentary. Seeking Alpha Transcript
• Negative Sentiment: After‑hours selling and intra‑day weakness — despite beats, shares experienced selling pressure in extended trading and the stock is down today as traders trimmed positions. Benzinga After‑Hours
• Negative Sentiment: Revenue flat YoY and inventory build — revenue was roughly flat (down ~1% YoY) and reports note higher inventory levels, which could signal near‑term channel digestion and weigh on estimates. Yahoo Finance

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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