Skyworks Solutions - SWKS Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SWKS shares.
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19 analysts have issued 12 month price objectives for Skyworks Solutions' shares. Their SWKS share price forecasts range from $90.00 to $155.00. On average, they predict the company's stock price to reach $116.82 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
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Skyworks Solutions' stock was trading at $91.13 on January 1st, 2023. Since then, SWKS shares have increased by 23.4% and is now trading at $112.48.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
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Skyworks Solutions will be holding an earnings conference call on Monday, February 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8692 with passcode "618252".

Skyworks Solutions, Inc. (NASDAQ:SWKS) announced its earnings results on Thursday, November, 4th. The semiconductor manufacturer reported $2.62 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.35. The semiconductor manufacturer had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.30 billion. Skyworks Solutions had a trailing twelve-month return on equity of 31.00% and a net margin of 23.25%. The business's revenue for the quarter was up 37.0% compared to the same quarter last year. During the same period last year, the firm earned $1.59 earnings per share.
Read the conference call transcript.

Skyworks Solutions declared a quarterly dividend on Thursday, November 3rd. Shareholders of record on Tuesday, November 22nd will be given a dividend of $0.62 per share on Tuesday, December 13th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Monday, November 21st.
Read our dividend analysis for SWKS.

Skyworks Solutions (NASDAQ:SWKS) pays an annual dividend of $2.48 per share and currently has a dividend yield of 2.20%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 31.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SWKS will have a dividend payout ratio of 26.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWKS.

Skyworks Solutions updated its first quarter 2023 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $2.59-$2.59 for the period, compared to the consensus earnings per share estimate of $3.14. The company issued revenue guidance of $1.30 billion-$1.35 billion, compared to the consensus revenue estimate of $1.50 billion.

160 employees have rated Skyworks Solutions Chief Executive Officer Liam K. Griffin on Glassdoor.com. Liam K. Griffin has an approval rating of 66% among the company's 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 shareholders include Edmp Inc. (2.14%), Congress Asset Management Co. MA (0.65%), Assenagon Asset Management S.A. (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), Bank of Montreal Can (0.28%) and Artemis Investment Management LLP (0.20%). Insiders that own company 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.
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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 $112.48.

Skyworks Solutions (NASDAQ:SWKS) has a market capitalization of $17.88 billion and generates $5.49 billion in revenue each year. The semiconductor manufacturer earns $1.28 billion in net income (profit) each year or $7.80 on an earnings per share basis.

The company employs 11,150 workers across the globe.

Skyworks Solutions' mailing address is 5260 CALIFORNIA AVENUE, IRVINE CA, 92617. The official website for the company 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.