Skyworks Solutions (NASDAQ:SWKS) Updates Q3 2026 Earnings Guidance

Skyworks Solutions (NASDAQ:SWKS) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.030-1.030 for the period, compared to the consensus estimate of 0.860. The company issued revenue guidance of $900.0 million-$950.0 million, compared to the consensus revenue estimate of $863.4 million.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SWKS. Weiss Ratings downgraded Skyworks Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their price objective on shares of Skyworks Solutions from $65.00 to $70.00 in a research report on Wednesday. Susquehanna cut their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Craig Hallum cut their price objective on shares of Skyworks Solutions from $85.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, TD Cowen cut their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a research report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $72.94.

Skyworks Solutions Stock Down 10.9%

Shares of NASDAQ:SWKS traded down $7.88 on Wednesday, reaching $64.68. The company had a trading volume of 5,167,008 shares, compared to its average volume of 3,707,613. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90. The stock has a 50-day moving average price of $57.60 and a 200 day moving average price of $62.57. The stock has a market capitalization of $9.73 billion, a P/E ratio of 24.89 and a beta of 1.48. The company has a quick ratio of 1.80, a current ratio of 2.40 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. During the same quarter in the previous year, the firm earned $1.24 earnings per share. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, equities analysts expect that Skyworks Solutions will post 3.25 EPS for the current year.

Skyworks Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be given a $0.71 dividend. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.4%. Skyworks Solutions’s payout ratio is currently 109.23%.

Key Skyworks Solutions News

Here are the key news stories impacting Skyworks Solutions this week:

• Positive Sentiment: Quarterly beat and stronger-than-expected guidance — Skyworks reported non‑GAAP EPS of $1.15 vs. $1.04 est. and issued Q3 EPS guidance of $1.03 (well above consensus) with revenue guidance $900–$950M, signaling demand strength. Press Release
• Positive Sentiment: Large multi‑generational Android OEM design win — management said it secured a design win expected to generate $1B+ through 2030, underpinning longer‑term revenue visibility. Blockonomi Article
• Positive Sentiment: Analyst upgrades/price target lifts — Multiple firms raised targets (KeyCorp to $85/overweight; BNP Paribas, JPMorgan, Morgan Stanley, B. Riley all lifted targets), providing institutional validation and upside thesis. Benzinga (KeyCorp) MarketScreener (BNP) MarketScreener (JPM) MarketScreener (MS)
• Positive Sentiment: Dividend declared — the company announced a $0.71 quarterly dividend (annualized yield ~4.5%), which supports income investors and reduces short‑term downside for some holders.
• Neutral Sentiment: Earnings call/transcript available — management commentary and the Q&A could shift sentiment further; transcripts are posted for investors digging into channel, OEM cadence and inventory commentary. Seeking Alpha Transcript
• Negative Sentiment: After‑hours selling and intra‑day weakness — despite beats, shares experienced selling pressure in extended trading and the stock is down today as traders trimmed positions. Benzinga After‑Hours
• Negative Sentiment: Revenue flat YoY and inventory build — revenue was roughly flat (down ~1% YoY) and reports note higher inventory levels, which could signal near‑term channel digestion and weigh on estimates. Yahoo Finance

Hedge Funds Weigh In On Skyworks Solutions

Large investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions during the 2nd quarter worth about $32,000. MUFG Securities EMEA plc acquired a new position in shares of Skyworks Solutions during the 2nd quarter worth about $33,000. Brown Brothers Harriman & Co. lifted its position in shares of Skyworks Solutions by 70.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 232 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of Skyworks Solutions during the 4th quarter worth about $48,000. Finally, Smartleaf Asset Management LLC lifted its position in shares of Skyworks Solutions by 46.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,121 shares of the semiconductor manufacturer’s stock worth $84,000 after purchasing an additional 354 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

About Skyworks Solutions

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.