UBS Group Raises Skyworks Solutions (NASDAQ:SWKS) Price Target to $70.00

Skyworks Solutions (NASDAQ:SWKS) had its price target upped by investment analysts at UBS Group from $65.00 to $70.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor manufacturer’s stock. UBS Group’s target price indicates a potential upside of 11.20% from the stock’s previous close.

Several other research analysts have also recently issued reports on SWKS. Bank of America reiterated an “underperform” rating and set a $65.00 target price on shares of Skyworks Solutions in a report on Wednesday. TD Cowen upped their target price on Skyworks Solutions from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Craig Hallum increased their target price on shares of Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. Royal Bank Of Canada dropped their price objective on shares of Skyworks Solutions from $80.00 to $70.00 and set a “sector perform” rating for the company in a report on Wednesday. Finally, B. Riley Financial increased their price target on Skyworks Solutions from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $75.22.

Skyworks Solutions Trading Down 2.7%

SWKS traded down $1.73 during trading on Wednesday, reaching $62.95. The company had a trading volume of 6,541,922 shares, compared to its average volume of 4,426,142. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The business has a 50 day simple moving average of $69.21 and a 200-day simple moving average of $62.83. The stock has a market cap of $9.47 billion, a P/E ratio of 26.32 and a beta of 1.50. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The firm had revenue of $934.80 million during the quarter, compared to analyst estimates of $925.97 million. During the same quarter last year, the business earned $1.33 EPS. The business’s revenue was down 3.1% on a year-over-year basis. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, equities analysts anticipate that Skyworks Solutions will post 3.62 EPS for the current fiscal year.

Institutional Trading of Skyworks Solutions

A number of institutional investors have recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. raised its holdings in shares of Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 342 shares during the period. Sound Income Strategies LLC raised its stake in shares of Skyworks Solutions by 137.1% in the 4th quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 281 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Skyworks Solutions by 93.8% during the 1st quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 257 shares in the last quarter. Fideuram Asset Management Ireland dac purchased a new stake in Skyworks Solutions during the 4th quarter worth $29,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions in the 2nd quarter valued at $32,000. 85.43% of the stock is currently owned by hedge funds and other institutional investors.

Key Skyworks Solutions News

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

• Positive Sentiment: Skyworks reported fiscal third-quarter revenue of $934.8 million and non-GAAP earnings of $1.08 per share, exceeding analyst estimates of $925.97 million and $1.03, respectively. The company also guided to fourth-quarter EPS of $1.27, above the $1.23 consensus estimate. Skyworks fiscal third-quarter results
• Positive Sentiment: The company authorized a new $2 billion stock-repurchase program and said automotive and data-center markets are showing momentum, potentially supporting shareholder returns and future growth. Skyworks capital allocation and Qorvo update
• Positive Sentiment: Skyworks and Qorvo announced an expected leadership team for their combined company, while regulatory approvals for the transaction continue to progress. Skyworks and Qorvo leadership announcement
• Neutral Sentiment: Analyst Joseph Moore of Morgan Stanley maintained a Hold rating while lowering his price target to $72, citing dividend suspension and mixed end-market trends. Morgan Stanley Skyworks rating
• Negative Sentiment: Revenue fell 3.1% year over year to $934.8 million, while EPS declined from $1.33 to $1.08, highlighting continued pressure despite the earnings beat. Skyworks earnings analysis
• Negative Sentiment: Citigroup cut its price target from $77 to $64 and adopted a Neutral rating, while RBC reduced its target from $80 to $70 with a Sector Perform rating. These revisions signal limited near-term analyst conviction. Analyst price-target updates
• Negative Sentiment: A shareholder-law-firm solicitation concerning alleged insider fiduciary-duty breaches adds negative headline risk, although the notice does not establish wrongdoing. Skyworks shareholder notice

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.