Skyworks Solutions - SWKS Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last year. There are currently 1 sell rating, 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SWKS shares.
View SWKS analyst ratings or view top-rated stocks.

21 analysts have issued 1-year price objectives for Skyworks Solutions' stock. Their SWKS share price forecasts range from $90.00 to $155.00. On average, they anticipate the company's share price to reach $115.45 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for SWKS or view top-rated stocks among Wall Street analysts.

Skyworks Solutions' stock was trading at $155.14 at the beginning of the year. Since then, SWKS stock has decreased by 38.8% and is now trading at $94.97.
View the best growth stocks for 2022 here.

Skyworks Solutions saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 4,060,000 shares, an increase of 21.9% from the October 31st total of 3,330,000 shares. Based on an average daily volume of 2,020,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.6% of the company's stock are short sold.
View Skyworks Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our SWKS earnings forecast.

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

Skyworks Solutions declared a quarterly dividend on Thursday, November 3rd. Investors of record on Tuesday, November 22nd will be paid 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 2.61%. The ex-dividend date of this dividend 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 2.59%. 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 25.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SWKS.

Skyworks Solutions declared that its board has authorized a share buyback program on Thursday, January 28th 2021, which permits the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Skyworks Solutions updated its first quarter 2023 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $2.59-$2.59 for the period, compared to the consensus 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 investors include Vanguard Group Inc. (11.24%), BlackRock Inc. (8.38%), State Street Corp (4.61%), Lazard Asset Management LLC (1.78%), Victory Capital Management Inc. (1.48%) and Bank of New York Mellon Corp (1.17%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of SWKS stock can currently be purchased for approximately $94.97.

Skyworks Solutions (NASDAQ:SWKS) has a market capitalization of $15.21 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.