Skyworks Solutions (NASDAQ:SWKS) Issues Q3 2026 Earnings Guidance

Key Points

• Q3 guidance topped expectations: Skyworks issued EPS guidance of $1.03 and revenue guidance of $900–$950 million, both above consensus estimates of $0.86 EPS and $863.4 million revenue.
• Analyst sentiment remains mixed: Several firms have cut price targets and ratings recently, and MarketBeat shows a consensus rating of “Hold” with a $70.28 target.
• Stock and recent results: Shares rose to $72.56 on the update, and Skyworks recently beat prior-quarter estimates with $1.54 EPS and $1.04 billion revenue.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.030-1.030 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $900.0 million-$950.0 million, compared to the consensus revenue estimate of $863.4 million.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SWKS. Zacks Research lowered shares of Skyworks Solutions from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 16th. Weiss Ratings lowered shares of Skyworks Solutions from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, February 6th. Susquehanna dropped their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a "neutral" rating on the stock in a research note on Thursday, January 22nd. Craig Hallum dropped their price objective on shares of Skyworks Solutions from $85.00 to $75.00 and set a "buy" rating on the stock in a research note on Wednesday, February 4th. Finally, UBS Group dropped their price target on shares of Skyworks Solutions from $63.00 to $58.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Skyworks Solutions currently has a consensus rating of "Hold" and a consensus target price of $70.28.

Skyworks Solutions Stock Performance

Shares of NASDAQ:SWKS traded up $3.71 during trading hours on Tuesday, hitting $72.56. The stock had a trading volume of 6,400,987 shares, compared to its average volume of 3,660,177. The stock's fifty day simple moving average is $57.35 and its 200 day simple moving average is $62.58. Skyworks Solutions has a 1-year low of $51.93 and a 1-year high of $90.90. The firm has a market capitalization of $10.91 billion, a price-to-earnings ratio of 27.91 and a beta of 1.48. 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 announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.40 by $0.14. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $999.02 million. During the same quarter last year, the business earned $1.60 earnings per share. Skyworks Solutions's revenue was down 3.1% compared to the same quarter last year. Sell-side analysts anticipate that Skyworks Solutions will post 3.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions during the second quarter valued at approximately $32,000. MUFG Securities EMEA plc acquired a new position in shares of Skyworks Solutions during the second quarter valued at approximately $33,000. Brown Brothers Harriman & Co. increased its stake in shares of Skyworks Solutions by 70.7% during the third quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer's stock valued at $43,000 after acquiring an additional 232 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of Skyworks Solutions during the fourth quarter valued at approximately $48,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Skyworks Solutions by 46.2% during the second quarter. Smartleaf Asset Management LLC now owns 1,121 shares of the semiconductor manufacturer's stock valued at $84,000 after acquiring an additional 354 shares during the period. Institutional investors and hedge funds own 85.43% of the company's stock.

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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