Skyworks Solutions Stock Forecast, Price & News

Skyworks Solutions' stock was trading at $89.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SWKS shares have increased by 51.6% and is now trading at $136.16.
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29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 8 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Skyworks Solutions or view MarketBeat's top 5 stock picks.

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Skyworks Solutions is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Skyworks Solutions.

Skyworks Solutions, Inc. (NASDAQ:SWKS) released its earnings results on Monday, November, 2nd. The semiconductor manufacturer reported $1.85 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.52 by $0.33. The semiconductor manufacturer had revenue of $956.60 million for the quarter, compared to analysts' expectations of $840.61 million. Skyworks Solutions had a net margin of 24.13% and a return on equity of 20.73%. The firm's revenue was up 15.7% compared to the same quarter last year. During the same period last year, the firm posted $1.52 earnings per share.
View Skyworks Solutions' earnings history.

Skyworks Solutions announced a quarterly dividend on Monday, November 2nd. Stockholders of record on Thursday, November 19th will be given a dividend of $0.50 per share on Thursday, December 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Wednesday, November 18th.
View Skyworks Solutions' dividend history.

Skyworks Solutions declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 5th 2019, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 15.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

Skyworks Solutions updated its first quarter earnings guidance on Monday, November, 2nd. The company provided earnings per share guidance of $2.06 for the period, compared to the Thomson Reuters consensus estimate of $1.80. The company issued revenue guidance of $1.04-1.07 billion, compared to the consensus revenue estimate of $931.45 million.

29 analysts have issued 1-year price targets for Skyworks Solutions' shares. Their forecasts range from $99.00 to $200.00. On average, they expect Skyworks Solutions' stock price to reach $148.85 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts' price targets for Skyworks Solutions.

Skyworks Solutions saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 2,550,000 shares, a drop of 19.8% from the October 15th total of 3,180,000 shares. Based on an average trading volume of 1,810,000 shares, the short-interest ratio is currently 1.4 days. Approximately 1.5% of the company's shares are short sold.
View Skyworks Solutions' Short Interest.

Some companies that are related to Skyworks Solutions include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE), Inphi (IPHI) and Lattice Semiconductor (LSCC).
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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), The Walt Disney (DIS), Broadcom (AVGO), Advanced Micro Devices (AMD), 760792 (TQNT) and Netflix (NFLX).

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

Skyworks Solutions' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.76%), State Street Corp (4.68%), Nuveen Asset Management LLC (1.93%), AQR Capital Management LLC (1.23%), Victory Capital Management Inc. (1.05%) and Allianz Asset Management GmbH (0.82%). Company insiders that own Skyworks Solutions stock include Carlos S Bori, David J Aldrich, Liam Griffin, P Mcglade David, Peter L Gammel, Robert John Terry and Timothy R Furey.
View institutional ownership trends for Skyworks Solutions.

SWKS stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Platinum Investment Management Ltd., AQR Capital Management LLC, Point72 Asset Management L.P., Victory Capital Management Inc., MUFG Securities EMEA plc, Robecosam AG, and Truist Financial Corp. Company insiders that have sold Skyworks Solutions company stock in the last year include Carlos S Bori, David J Aldrich, Liam Griffin, P Mcglade David, Robert John Terry, and Timothy R Furey.
View insider buying and selling activity for Skyworks Solutions.

SWKS stock was acquired by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, BlackRock Inc., Nuveen Asset Management LLC, Jupiter Asset Management Ltd., Haverford Trust Co., Skandinaviska Enskilda Banken AB publ, Assenagon Asset Management S.A., and Massachusetts Financial Services Co. MA.
View insider buying and selling activity for Skyworks Solutions.

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

One share of SWKS stock can currently be purchased for approximately $136.16.

Skyworks Solutions has a market capitalization of $22.61 billion and generates $3.38 billion in revenue each year. The semiconductor manufacturer earns $853.60 million in net income (profit) each year or $5.71 on an earnings per share basis. Skyworks Solutions employs 9,000 workers across the globe.

The official website for Skyworks Solutions is www.skyworksinc.com.

Skyworks Solutions' mailing address is 5260 CALIFORNIA AVENUE, IRVINE CA, 92617. The semiconductor manufacturer can be reached via phone at 949-231-3000 or via email at [email protected]