TD Cowen Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $65.00

Key Points

• TD Cowen lowered Skyworks Solutions’ price target to $65 from $75 and maintained a Hold rating, implying only 2.74% upside from the prior close.
• Analyst sentiment remains mixed, but the overall consensus is Hold with an average price target of $75; 16 analysts rate the stock Hold, compared with five Buy/Strong Buy ratings and three Sell ratings.
• Skyworks exceeded quarterly earnings and revenue estimates, but revenue fell 3.1% year over year and EPS declined from the prior-year period. Shares dropped 2.2% to $63.27 amid concerns about uneven end-market demand, margin pressure and financing needs tied to the planned Qorvo combination.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price objective decreased by equities researchers at TD Cowen from $75.00 to $65.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a "hold" rating on the semiconductor manufacturer's stock. TD Cowen's price objective points to a potential upside of 2.74% from the stock's previous close.

A number of other research firms have also weighed in on SWKS. Benchmark reissued a "hold" rating on shares of Skyworks Solutions in a research report on Monday. William Blair restated a "buy" rating on shares of Skyworks Solutions in a research note on Wednesday. Morgan Stanley increased their price target on Skyworks Solutions from $69.00 to $76.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 6th. UBS Group upped their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, BNP Paribas Exane lifted their target price on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. One equities research 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 given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $75.00.

Skyworks Solutions Stock Down 2.2%

Shares of Skyworks Solutions stock traded down $1.41 during trading hours on Wednesday, reaching $63.27. The company's stock had a trading volume of 7,836,471 shares, compared to its average volume of 4,458,397. Skyworks Solutions has a one year low of $51.93 and a one year high of $90.90. The company has a market capitalization of $9.52 billion, a P/E ratio of 26.40 and a beta of 1.50. The stock's fifty day simple moving average is $69.21 and its two-hundred day simple moving average is $62.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.38.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, topping the consensus estimate of $1.03 by $0.05. The company had revenue of $934.80 million during the quarter, compared to the consensus estimate of $925.97 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The firm's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, research analysts forecast that Skyworks Solutions will post 3.62 earnings per share for the current year.

Hedge Funds Weigh In On Skyworks Solutions

A number of hedge funds have recently modified their holdings of the company. Parallel Advisors LLC boosted its holdings in shares of Skyworks Solutions by 5.3% during the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer's stock worth $249,000 after purchasing an additional 163 shares during the period. Beacon Pointe Advisors LLC increased its holdings in Skyworks Solutions by 4.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer's stock valued at $282,000 after purchasing an additional 200 shares during the period. AAFMAA Wealth Management & Trust LLC raised its position in Skyworks Solutions by 3.2% during the 2nd quarter. AAFMAA Wealth Management & Trust LLC now owns 6,899 shares of the semiconductor manufacturer's stock valued at $468,000 after purchasing an additional 212 shares during the last quarter. Asset Management One Co. Ltd. raised its position in Skyworks Solutions by 2.8% during the 4th quarter. Asset Management One Co. Ltd. now owns 7,881 shares of the semiconductor manufacturer's stock valued at $505,000 after purchasing an additional 213 shares during the last quarter. Finally, Unison Advisors LLC lifted its holdings in Skyworks Solutions by 1.2% in the 1st quarter. Unison Advisors LLC now owns 18,418 shares of the semiconductor manufacturer's stock worth $986,000 after buying an additional 219 shares during the period. Hedge funds and other institutional investors own 85.43% of the company's stock.

Key Skyworks Solutions News

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Skyworks reported fiscal third-quarter adjusted EPS of $1.08 and revenue of $934.8 million, exceeding consensus estimates of $1.03 and approximately $926 million, respectively. Growth in broad markets—particularly automotive and AI data-center applications—helped offset weakness elsewhere. Skyworks fiscal third-quarter results
• Positive Sentiment: The company authorized a new $2 billion share-repurchase program and announced progress toward its planned combination with Qorvo, including an expected leadership team for the combined business. Regulatory approvals are progressing. Skyworks and Qorvo expected leadership team
• Neutral Sentiment: Fiscal fourth-quarter guidance calls for adjusted EPS of $1.27 and revenue between $1.0 billion and $1.1 billion. The EPS outlook is above consensus, although investors appear focused on expected sequential pressure and continued margin challenges.
• Neutral Sentiment: Analyst views remain mixed. UBS raised its price target to $70 while maintaining a Neutral rating; RBC cut its target to $70 with a Sector Perform rating; and Citi reduced its target to $64 while remaining Neutral. Morgan Stanley maintained Hold but lowered its target to $72, citing the dividend suspension and uneven end-market trends.
• Negative Sentiment: Revenue declined 3.1% from the prior year and adjusted EPS fell from $1.33, while management indicated weaker fourth-quarter earnings expectations in underlying commentary. The combination with Qorvo is also expected to require approximately $2 billion of acquisition debt financing, adding execution and leverage concerns. Analyst revisions following Skyworks earnings
• Negative Sentiment: Mizuho downgraded Skyworks to Underperform and lowered its price target from $55 to $52, signaling substantial downside from recent trading levels and reinforcing concerns about the company’s near-term growth and profitability.

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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