Skyworks Solutions (NASDAQ:SWKS) Given New $68.00 Price Target at B. Riley Financial

Key Points

• B. Riley raised its price target on Skyworks to $68 (from $60) while keeping a "neutral" rating, implying roughly a 7.3% upside from the current share price.
• Operational beat and upbeat guidance: Skyworks reported Q2 non‑GAAP EPS of $1.15 and revenue of $943.7M, set Q3 FY2026 guidance of $1.03 non‑GAAP EPS and $900–$950M revenue, and announced an Android OEM design win expected to generate over $1B through 2030.
• Despite the results and guidance, shares were trading lower (article cites a 12.7% decline) and analysts' consensus remains a Hold with an average price target of about $72.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price target lifted by investment analysts at B. Riley Financial from $60.00 to $68.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage currently has a "neutral" rating on the semiconductor manufacturer's stock. B. Riley Financial's price target indicates a potential upside of 7.31% from the stock's current price.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus reaffirmed a "hold" rating and set a $65.00 price objective (down from $72.00) on shares of Skyworks Solutions in a report on Wednesday, February 4th. TD Cowen cut their target price on Skyworks Solutions from $75.00 to $65.00 and set a "hold" rating for the company in a research report on Wednesday, February 4th. Barclays raised Skyworks Solutions from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $60.00 to $70.00 in a research note on Wednesday, April 22nd. BNP Paribas Exane dropped their price objective on Skyworks Solutions from $73.00 to $60.00 and set a "neutral" rating for the company in a research note on Wednesday, January 21st. Finally, Argus raised Skyworks Solutions to a "hold" rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Skyworks Solutions currently has an average rating of "Hold" and an average price target of $72.00.

Skyworks Solutions Trading Down 12.7%

Shares of Skyworks Solutions stock opened at $63.37 on Wednesday. Skyworks Solutions has a 52-week low of $51.93 and a 52-week high of $90.90. The firm has a market capitalization of $9.53 billion, a PE ratio of 24.35 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. The company's fifty day moving average price is $57.60 and its two-hundred day moving average price is $62.57.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its 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. The business had revenue of $943.70 million for 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 firm's revenue was down 1.0% on a year-over-year basis. 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. On average, analysts expect that Skyworks Solutions will post 3.25 EPS for the current year.

Hedge Funds Weigh In On Skyworks Solutions

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Skyworks Solutions by 1.9% during the fourth 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 last quarter. Pzena Investment Management LLC raised its holdings in shares of Skyworks Solutions by 27.6% in the first quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer's stock valued at $862,591,000 after buying an additional 3,481,658 shares during the last quarter. State Street Corp raised its holdings in shares of Skyworks Solutions by 1.0% in the fourth quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer's stock valued at $418,557,000 after buying an additional 64,187 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Skyworks Solutions by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer's stock worth $374,229,000 after buying an additional 137,506 shares in the last quarter. Finally, FIL Ltd grew its holdings in Skyworks Solutions by 50.5% during the 4th quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer's stock worth $329,111,000 after acquiring an additional 1,742,338 shares during the last quarter. Institutional investors own 85.43% of the company's stock.

Skyworks Solutions News Summary

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

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.

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