Skyworks Solutions (NASDAQ:SWKS) Lowered to "Underperform" Rating by Mizuho

Key Points

• Mizuho downgraded Skyworks Solutions from a "neutral" to an "underperform" rating with a price target of $60.00, suggesting a potential downside of 20.34% from its previous close.
• Despite the downgrade, other analysts have mixed ratings for Skyworks Solutions, with one recent upgrade to "buy" and a strong buy rating, while the average rating remains "reduce" with a target of $70.87.
• Skyworks Solutions reported earnings of $1.33 EPS for the last quarter, exceeding estimates, with revenue of $965.00 million, reflecting a 6.6% increase year-over-year.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) was downgraded by equities research analysts at Mizuho from a "neutral" rating to an "underperform" rating in a report released on Monday,Finviz reports. They presently have a $60.00 price target on the semiconductor manufacturer's stock. Mizuho's price target would suggest a potential downside of 20.34% from the company's previous close.

Other research analysts have also issued research reports about the stock. Wall Street Zen upgraded shares of Skyworks Solutions from a "hold" rating to a "buy" rating in a research note on Friday, October 3rd. Arete Research upgraded shares of Skyworks Solutions to a "strong-buy" rating in a research note on Thursday, August 14th. The Goldman Sachs Group began coverage on shares of Skyworks Solutions in a research note on Thursday, July 10th. They set a "sell" rating and a $70.00 price objective for the company. Citigroup boosted their price objective on shares of Skyworks Solutions from $63.00 to $66.00 and gave the stock a "sell" rating in a research note on Wednesday, August 6th. Finally, Loop Capital boosted their price objective on shares of Skyworks Solutions from $70.00 to $75.00 and gave the stock a "hold" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $70.87.

Skyworks Solutions Trading Up 1.1%

NASDAQ:SWKS opened at $75.32 on Monday. Skyworks Solutions has a one year low of $47.93 and a one year high of $99.27. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The firm has a market cap of $11.18 billion, a P/E ratio of 30.13 and a beta of 1.20. The firm has a 50-day simple moving average of $75.43 and a 200-day simple moving average of $70.95.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $965.00 million during the quarter, compared to analyst estimates of $940.00 million. During the same quarter in the previous year, the business posted $1.21 EPS. The company's quarterly revenue was up 6.6% compared to the same quarter last year. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. Equities analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Institutional Trading of Skyworks Solutions

Several large investors have recently made changes to their positions in SWKS. Park Place Capital Corp boosted its holdings in shares of Skyworks Solutions by 62.1% in the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Skyworks Solutions during the second quarter worth $28,000. Clearstead Trust LLC boosted its holdings in Skyworks Solutions by 200.0% during the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 274 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Skyworks Solutions during the second quarter worth $32,000. Finally, Parkside Financial Bank & Trust boosted its holdings in Skyworks Solutions by 98.6% during the second quarter. Parkside Financial Bank & Trust now owns 437 shares of the semiconductor manufacturer's stock worth $33,000 after buying an additional 217 shares in the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.

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