Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $70.00

Key Points

• BNP Paribas Exane raised its price target on Skyworks from $60 to $70, implying roughly a 10.5% upside from the prior close.
• Skyworks beat Q2 expectations with non‑GAAP EPS of $1.15 and revenue of $943.7M, set Q3 non‑GAAP EPS guidance of $1.03, and announced an Android OEM design win projected to generate over $1B through 2030.
• Despite the beat, the stock saw after‑hours selling amid concerns about rising inventories and weaker GAAP EPS ($0.24), and analysts maintain a consensus rating of "Hold" with an average target of $72.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price target upped by BNP Paribas Exane from $60.00 to $70.00 in a research note issued to investors on Wednesday,MarketScreener reports. BNP Paribas Exane's price objective indicates a potential upside of 10.47% from the company's previous close.

Several other analysts also recently commented on the company. UBS Group lowered their price objective on Skyworks Solutions from $63.00 to $58.00 and set a "neutral" rating for the company in a research note on Wednesday, February 4th. KeyCorp reduced their price objective on shares of Skyworks Solutions from $105.00 to $75.00 and set an "overweight" rating for the company in a research note on Wednesday, February 4th. B. Riley Financial increased their target price on Skyworks Solutions from $60.00 to $68.00 and gave the stock a "neutral" rating in a research report on Wednesday. Stifel Nicolaus reiterated a "hold" rating and issued a $65.00 price target (down from $72.00) on shares of Skyworks Solutions in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada initiated coverage on Skyworks Solutions in a report on Wednesday, January 14th. They set a "sector perform" rating and a $65.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $72.00.

Skyworks Solutions Stock Performance

Shares of SWKS stock opened at $63.37 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $57.60 and a two-hundred day simple moving average of $62.57. Skyworks Solutions has a 12 month low of $51.93 and a 12 month 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.

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. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The company had revenue of $943.70 million during the quarter, compared to the consensus estimate of $901.76 million. During the same period in the previous year, the firm posted $1.24 earnings per share. The firm's revenue for the quarter was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. Analysts forecast that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Institutional Investors Weigh In On Skyworks Solutions

Several large investors have recently added to or reduced their stakes in SWKS. Vanguard Group Inc. grew its position in 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 buying an additional 389,168 shares in the last quarter. Pzena Investment Management LLC raised its holdings in shares of 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 valued at $862,591,000 after acquiring an additional 3,481,658 shares in the last quarter. State Street Corp boosted its position in shares of Skyworks Solutions by 1.0% during the 4th quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer's stock valued at $418,557,000 after acquiring an additional 64,187 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Skyworks Solutions by 2.4% during 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 in the last quarter. Finally, FIL Ltd increased its position in shares of Skyworks Solutions by 50.5% in the fourth quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer's stock worth $329,111,000 after purchasing an additional 1,742,338 shares during the last quarter. Institutional investors own 85.43% of the company's stock.

Skyworks Solutions News Roundup

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

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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