Skyworks Solutions (NASDAQ:SWKS) Given New $60.00 Price Target at Mizuho

Skyworks Solutions (NASDAQ:SWKS) had its target price decreased by analysts at Mizuho from $65.00 to $60.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the semiconductor manufacturer’s stock. Mizuho’s target price points to a potential upside of 1.76% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. Cfra set a $90.00 target price on shares of Skyworks Solutions in a report on Tuesday, October 28th. Susquehanna lowered their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday. Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Zacks Research upgraded Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. Finally, Loop Capital lowered their price target on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Friday, January 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $77.11.

Skyworks Solutions Trading Down 1.2%

Shares of Skyworks Solutions stock opened at $58.96 on Monday. Skyworks Solutions has a 1 year low of $47.93 and a 1 year high of $93.33. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. The business has a 50 day moving average price of $63.69 and a 200 day moving average price of $70.45. The company has a market capitalization of $8.84 billion, a P/E ratio of 19.21 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion during the quarter. During the same period last year, the firm earned $1.55 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Sell-side analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current fiscal year.

Insider Transactions at Skyworks Solutions

In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the sale, the executive vice president owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Robert John Terry sold 4,945 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the sale, the senior vice president owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by corporate insiders.

Institutional Trading of Skyworks Solutions

Several hedge funds have recently added to or reduced their stakes in SWKS. Rakuten Investment Management Inc. acquired a new position in Skyworks Solutions during the third quarter worth $12,155,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Skyworks Solutions by 26.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 671,970 shares of the semiconductor manufacturer’s stock valued at $51,728,000 after buying an additional 142,600 shares during the period. Exchange Traded Concepts LLC lifted its position in Skyworks Solutions by 33.1% during the 3rd quarter. Exchange Traded Concepts LLC now owns 71,943 shares of the semiconductor manufacturer’s stock valued at $5,538,000 after purchasing an additional 17,874 shares during the period. Thrivent Financial for Lutherans grew its holdings in Skyworks Solutions by 588.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 45,403 shares of the semiconductor manufacturer’s stock worth $3,383,000 after acquiring an additional 38,806 shares during the period. Finally, AE Wealth Management LLC acquired a new stake in shares of Skyworks Solutions during the second quarter worth $13,378,000. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.