Skyworks Solutions (NASDAQ:SWKS) Stock Rating Upgraded by Wall Street Zen

Key Points

• Skyworks Solutions has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, reflecting increasing confidence in the stock's potential.
• UBS Group and other analysts have adjusted their price targets for Skyworks Solutions, with UBS increasing it to $75.00, while the overall consensus price target is now $72.87.
• Skyworks Solutions reported $1.33 earnings per share for the last quarter, exceeding the consensus estimate by $0.09, and has seen a revenue increase of 6.6% year-over-year.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Sunday.

Several other analysts also recently issued reports on the company. UBS Group lifted their price target on Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Cfra Research raised Skyworks Solutions to a "moderate sell" rating in a research note on Wednesday, August 6th. Susquehanna lifted their price target on Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Mizuho lifted their price target on Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Finally, Needham & Company LLC reissued a "hold" rating on shares of Skyworks Solutions in a research note on Thursday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $72.87.

Skyworks Solutions Stock Performance

Shares of Skyworks Solutions stock opened at $74.94 on Friday. The company has a market capitalization of $11.12 billion, a PE ratio of 29.98, a PEG ratio of 1.68 and a beta of 1.13. Skyworks Solutions has a 12 month low of $47.93 and a 12 month high of $110.76. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. The stock's fifty day simple moving average is $73.59 and its 200 day simple moving average is $68.81.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The business had revenue of $965.00 million for the quarter, compared to the consensus estimate of $940.00 million. During the same quarter last year, the business posted $1.21 EPS. The firm's 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. On average, research analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.

Hedge Funds Weigh In On Skyworks Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of SWKS. Pzena Investment Management LLC grew its holdings in Skyworks Solutions by 57.3% during the second quarter. Pzena Investment Management LLC now owns 12,207,643 shares of the semiconductor manufacturer's stock worth $909,714,000 after purchasing an additional 4,444,747 shares during the period. Norges Bank bought a new position in Skyworks Solutions during the second quarter worth about $140,807,000. Invesco Ltd. grew its holdings in Skyworks Solutions by 31.0% during the first quarter. Invesco Ltd. now owns 4,141,659 shares of the semiconductor manufacturer's stock worth $267,675,000 after purchasing an additional 979,962 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in Skyworks Solutions during the second quarter worth about $67,841,000. Finally, Rafferty Asset Management LLC grew its holdings in Skyworks Solutions by 52.1% during the second quarter. Rafferty Asset Management LLC now owns 2,024,243 shares of the semiconductor manufacturer's stock worth $150,847,000 after purchasing an additional 693,379 shares during the period. Institutional investors own 85.43% of the company's stock.

About Skyworks Solutions

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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