TD Cowen Issues Positive Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price

Key Points

• TD Cowen raised its price target on Skyworks to $75 (from $65) with a "hold" rating—implying about a 15.7% upside—and several other analysts also boosted targets, leaving the consensus rating at "Hold" with an average price target near $74.83.
• Skyworks beat Q2 estimates (non‑GAAP EPS $1.15 vs. $1.04 and revenue ~$944M), issued Q3 guidance of EPS $1.03 and revenue $900–$950M, and reported a multi‑generational Android design win expected to generate $1B+ through 2030, but revenue was roughly flat YoY, management flagged rising inventory, and the shares traded down to about $64.85.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price objective raised by equities research analysts at TD Cowen from $65.00 to $75.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a "hold" rating on the semiconductor manufacturer's stock. TD Cowen's price objective indicates a potential upside of 15.65% from the stock's current price.

Several other analysts have also issued reports on SWKS. KeyCorp boosted their price target on shares of Skyworks Solutions from $75.00 to $85.00 and gave the company an "overweight" rating in a research report on Wednesday. Barclays raised shares of Skyworks Solutions from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $60.00 to $70.00 in a research report on Wednesday, April 22nd. Craig Hallum lowered their price target on shares of Skyworks Solutions from $85.00 to $75.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. Morgan Stanley boosted their price target on shares of Skyworks Solutions from $69.00 to $76.00 and gave the company an "equal weight" rating in a research report on Wednesday. Finally, Royal Bank Of Canada boosted their price target on shares of Skyworks Solutions from $65.00 to $72.00 and gave the company a "sector perform" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $74.83.

Skyworks Solutions Stock Performance

SWKS stock traded down $7.71 during mid-day trading on Wednesday, hitting $64.85. The company had a trading volume of 7,592,056 shares, compared to its average volume of 3,727,082. The firm has a market cap of $9.75 billion, a PE ratio of 24.94 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 has a 12 month low of $51.93 and a 12 month high of $90.90. The stock's fifty day moving average price is $57.60 and its two-hundred day moving average price is $62.57.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $901.76 million. During the same quarter in the previous year, the firm posted $1.24 earnings per share. The company's quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, analysts forecast that Skyworks Solutions will post 3.25 earnings per share for the current fiscal year.

Institutional Trading of Skyworks Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. increased its holdings in Skyworks Solutions by 488.6% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer's stock worth $26,000 after acquiring an additional 342 shares during the period. Sound Income Strategies LLC increased its holdings in Skyworks Solutions by 137.1% during the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 281 shares during the period. AdvisorNet Financial Inc increased its holdings in Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 257 shares during the period. Fideuram Asset Management Ireland dac bought a new stake in Skyworks Solutions during the 4th quarter worth approximately $29,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Skyworks Solutions during the 2nd quarter worth approximately $32,000. Institutional investors own 85.43% of the company's stock.

Skyworks Solutions News Summary

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

• Positive Sentiment: Q2 beat — Skyworks reported non‑GAAP EPS of $1.15 vs. $1.04 expected and revenue of ~$944M, topping estimates and beating guidance. SWKS' Q2 Earnings Beat Estimates, Revenues Up on Strong Broad Markets
• Positive Sentiment: Major Android OEM design win — Skyworks secured a multi‑generational Android design win expected to generate $1B+ through 2030, underpinning longer‑term revenue visibility. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Raised near‑term guidance — SWKS set Q3 FY26 EPS at $1.03 and revenue guide $900–$950M, above Street estimates, signaling confidence in premium smartphone RF demand. Skyworks Solutions forecasts higher revenue on strong chip demand
• Positive Sentiment: Analyst support — Multiple firms raised price targets (examples: Morgan Stanley, JPMorgan, KeyCorp), showing institutional confidence in the recovery path. Morgan Stanley lifts price target on Skyworks
• Neutral Sentiment: Dividend maintained — Board declared a $0.71 quarterly dividend (ex‑div May 26), supporting income investors but largely priced in.
• Neutral Sentiment: Full context available — The company held an earnings call/transcript with management discussing end‑market mix (Broad Markets strength) and outlook. Skyworks Q2 2026 Earnings Call Transcript
• Negative Sentiment: Shares plunged amid a broad semiconductor rally — SWKS underperformed peers and saw heavy selling, suggesting profit‑taking and rotation drove much of the drop. Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.
• Negative Sentiment: Underlying weakness flagged — revenue was roughly flat/down ~1% YoY and management noted inventory increases in the quarter, which may worry short‑term margin and working‑capital investors. Skyworks beats Q2 estimates but shares edge lower as revenue declines YoY
• Negative Sentiment: After‑hours weakness — SWKS dipped in after‑hours trading despite beats, indicating some investors were disappointed by margins, inventory or simply locking gains. Skyworks Solutions Stock Is Trending Overnight

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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