Skyworks Solutions - SWKS Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Skyworks Solutions stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SWKS, but not buy additional shares or sell existing shares.
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17 brokerages have issued 12-month price objectives for Skyworks Solutions' stock. Their SWKS stock forecasts range from $97.00 to $185.00. On average, they expect Skyworks Solutions' stock price to reach $142.45 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price.
View analysts' price targets for Skyworks Solutions or view top-rated stocks among Wall Street analysts.

Skyworks Solutions' stock was trading at $155.14 at the beginning of 2022. Since then, SWKS shares have decreased by 27.4% and is now trading at $112.66.
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Skyworks Solutions is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Skyworks Solutions.

Skyworks Solutions, Inc. (NASDAQ:SWKS) posted its quarterly earnings results on Thursday, August, 4th. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.39. The semiconductor manufacturer had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Skyworks Solutions had a net margin of 24.11% and a trailing twelve-month return on equity of 30.46%. Skyworks Solutions's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $1.96 EPS.
Read Skyworks Solutions' conference call transcript.

Skyworks Solutions announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Thursday, August 25th will be given a dividend of $0.62 per share on Thursday, September 15th. This represents a $2.48 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Wednesday, August 24th. This is a positive change from Skyworks Solutions's previous quarterly dividend of $0.56.
View Skyworks Solutions' dividend history.

Skyworks Solutions(NASDAQ:SWKS) pays an annual dividend of $2.24 per share and currently has a dividend yield of 1.99%. Skyworks Solutions has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Skyworks Solutions is 28.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Skyworks Solutions will have a dividend payout ratio of 21.07% next year. This indicates that Skyworks Solutions will be able to sustain or increase its dividend.
View Skyworks Solutions' dividend history.

Skyworks Solutions announced that its board has approved a stock repurchase program on Thursday, January 28th 2021, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Skyworks Solutions issued an update on its fourth quarter earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $2.90 for the period, compared to the consensus EPS estimate of $2.93. The company issued revenue guidance of $1.375-$1.425 billion, compared to the consensus revenue estimate of $1.42 billion.

160 employees have rated Skyworks Solutions CEO Liam K. Griffin on Glassdoor.com. Liam K. Griffin has an approval rating of 66% among Skyworks Solutions' employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Skyworks Solutions investors own include NVIDIA (NVDA), Alibaba Group (BABA), QUALCOMM (QCOM), Micron Technology (MU), Intel (INTC), Walt Disney (DIS), Broadcom (AVGO), Advanced Micro Devices (AMD), TriQuint Semiconductor (TQNT) and Netflix (NFLX).

Skyworks Solutions trades on the NASDAQ under the ticker symbol "SWKS."

Skyworks Solutions' stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (0.66%), Congress Asset Management Co. MA (0.56%), Victory Capital Management Inc. (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Nicholas Company Inc. (0.29%) and Mirae Asset Global Investments Co. Ltd. (0.29%). Company insiders that own Skyworks Solutions stock include Carlos S Bori, Carlos S Bori, David J Aldrich, Karilee A Durham, Karilee A Durham, Liam Griffin, P Mcglade David, Robert John Terry, Timothy R Furey and Timothy R Furey.
View institutional ownership trends for Skyworks Solutions.

Shares of SWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SWKS stock can currently be purchased for approximately $112.66.

Skyworks Solutions (NASDAQ:SWKS) has a market capitalization of $18.13 billion and generates $5.11 billion in revenue each year. The semiconductor manufacturer earns $1.50 billion in net income (profit) each year or $7.87 on an earnings per share basis.

Skyworks Solutions employs 11,000 workers across the globe.

Skyworks Solutions was founded in 2002.

Skyworks Solutions' mailing address is 5260 CALIFORNIA AVENUE, IRVINE CA, 92617. The official website for Skyworks Solutions is www.skyworksinc.com. The semiconductor manufacturer can be reached via phone at (949) 231-3000, via email at investor.relations@skyworksinc.com, or via fax at 302-655-5049.