Skyworks Solutions, Inc. (NASDAQ:SWKS) Receives Average Rating of "Hold" from Brokerages

Key Points

• Skyworks Solutions has a consensus “Hold” rating from 24 analysts: 18 holds, four buys, and two sells. The average 12-month price target is $74.00.
• Several analysts recently lowered their views, including TD Cowen cutting its target to $65, Mizuho reducing its target to $52 with an “underperform” rating, and Bank of America maintaining an “underperform” rating with a $65 target.
• Institutional investors own 85.43% of the company’s stock. Skyworks recently beat quarterly earnings and revenue estimates, but revenue declined 3.1% year over year and EPS fell from $1.33 to $1.08.

Skyworks Solutions, Inc. (NASDAQ:SWKS - Get Free Report) has earned a consensus recommendation of "Hold" from the twenty-four ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $74.00.

Several equities research analysts have recently issued reports on SWKS shares. TD Cowen lowered their price objective on Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating for the company in a research note on Wednesday, July 29th. Mizuho dropped their target price on Skyworks Solutions from $55.00 to $52.00 and set an "underperform" rating for the company in a report on Wednesday, July 29th. Bank of America reissued an "underperform" rating and set a $65.00 target price on shares of Skyworks Solutions in a research report on Wednesday, July 29th. Benchmark restated a "hold" rating on shares of Skyworks Solutions in a report on Monday, July 27th. Finally, KeyCorp downgraded Skyworks Solutions from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, July 14th.

Institutional Investors Weigh In On Skyworks Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in SWKS. Vanguard Group Inc. boosted its stake in shares of Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer's stock worth $1,338,198,000 after purchasing an additional 389,168 shares during the period. BlackRock Inc. purchased a new stake in Skyworks Solutions in the 2nd quarter worth about $1,393,584,000. Pzena Investment Management LLC raised its position in Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer's stock worth $862,591,000 after purchasing an additional 3,481,658 shares during the period. State Street Corp raised its position 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 worth $418,557,000 after purchasing an additional 64,187 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Skyworks Solutions by 2.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer's stock worth $374,229,000 after purchasing an additional 137,506 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company's stock.

Skyworks Solutions Stock Performance

Skyworks Solutions stock opened at $67.14 on Monday. The company's 50-day moving average price is $65.50 and its 200-day moving average price is $63.91. The company has a quick ratio of 1.94, a current ratio of 3.10 and a debt-to-equity ratio of 0.09. The company has a market cap of $10.10 billion, a PE ratio of 34.79 and a beta of 1.51. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating analysts' consensus estimates of $1.03 by $0.05. The firm had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 7.23% and a return on equity of 10.74%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 EPS. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, equities research analysts forecast that Skyworks Solutions will post 3.64 EPS for the current fiscal year.

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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