Skyworks Solutions (SWKS) Stock Forecast & Price Target

$116.18

+3.50 (+3.11%)

(As of 07/26/2024 ET)

Skyworks Solutions - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 18 Analyst Ratings

Based on 18 Wall Street analysts who have issued ratings for Skyworks Solutions in the last 12 months, the stock has a consensus rating of "Hold." Out of the 18 analysts, 1 has given a sell rating, 13 have given a hold rating, and 4 have given a buy rating for SWKS.

Consensus Price Target

$107.14
-7.78% Downside

High Forecast	$130.00
Average Forecast	$107.14
Low Forecast	$83.00

According to the 18 analysts' twelve-month price targets for Skyworks Solutions, the average price target is $107.14. The highest price target for SWKS is $130.00, while the lowest price target for SWKS is $83.00. The average price target represents a forecasted downside of -7.78% from the current price of $116.18.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)	16 Buy rating(s)
Hold	13 Hold rating(s)	14 Hold rating(s)	8 Hold rating(s)	9 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$107.14	$107.19	$115.10	$119.92
Forecasted Upside	-7.78% Downside	8.37% Upside	10.60% Upside	12.26% Upside

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SWKS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SWKS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Skyworks Solutions Stock vs. The Competition

Type	Skyworks Solutions	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.17	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-7.78% Downside	554.32% Upside	9.13% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/17/2024	Susquehanna 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$90.00 ➝ $125.00	+4.66%
6/20/2024	B. Riley 4 of 5 stars	C. Ellis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$96.00 ➝ $130.00	+22.11%
5/9/2024	Wolfe Research 3 of 5 stars		Downgrade	Outperform ➝ Peer Perform
5/2/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$85.00 ➝ $83.00	-7.47%
5/1/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$110.00 ➝ $100.00	+7.94%
5/1/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$110.00 ➝ $100.00	+10.56%
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5/1/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
5/1/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$120.00 ➝ $105.00	+16.59%
5/1/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$105.00 ➝ $95.00	+3.59%
5/1/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$125.00 ➝ $115.00	+25.40%
5/1/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$122.00 ➝ $112.00	+5.08%
5/1/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$130.00 ➝ $120.00	+12.58%
5/1/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
5/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$125.00 ➝ $90.00	-15.56%
4/8/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Sector Weight
11/3/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$112.00 ➝ $95.00	+5.37%
11/3/2023	Summit Insights Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
9/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$110.00	+12.45%
7/20/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$115.00	+0.44%
5/10/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$160.00 ➝ $140.00	+39.64%
5/9/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$130.00 ➝ $125.00	+18.78%
5/9/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$108.00 ➝ $100.00	-4.98%
5/9/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$110.00 ➝ $100.00	-4.98%
5/9/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$140.00 ➝ $100.00	-4.98%
3/2/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
2/7/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$120.00 ➝ $135.00	+23.54%
2/7/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$125.00 ➝ $135.00	+23.54%
11/30/2022	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
11/4/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$125.00 ➝ $120.00	+45.74%
9/13/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:13 PM ET.

SWKS Forecast - Frequently Asked Questions

What is Skyworks Solutions' forecast for 2024?: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Skyworks Solutions is $107.14, with a high forecast of $130.00 and a low forecast of $83.00.
Should I buy or sell Skyworks Solutions stock right now?: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyworks Solutions in the last twelve months. There is currently 1 sell rating, 13 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SWKS shares. 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.
Does Skyworks Solutions's stock price have much upside?: According to analysts, Skyworks Solutions's stock has a predicted upside of 9.19% based on their 12-month stock forecasts.
Has Skyworks Solutions been upgraded or downgraded by Wall Street analysts recently?: Over the previous 90 days, Skyworks Solutions's stock had 3 downgrades and 1 upgrade by analysts.
What analysts cover Skyworks Solutions?: Skyworks Solutions has been rated by research analysts at B. Riley, Benchmark, Citigroup, JPMorgan Chase & Co., Mizuho, Needham & Company LLC, Piper Sandler, Rosenblatt Securities, Stifel Nicolaus, Susquehanna, TD Cowen, UBS Group, Wells Fargo & Company, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Skyworks Solutions more than its competitors?: Analysts like Skyworks Solutions less than other "computer and technology" companies. The consensus rating for Skyworks Solutions is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how SWKS compares to other companies.