Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $75.00

Skyworks Solutions (NASDAQ:SWKS) had its price target boosted by TD Cowen from $65.00 to $75.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a hold rating on the semiconductor manufacturer’s stock.

SWKS has been the subject of several other research reports. Wall Street Zen lowered shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. BNP Paribas Exane upped their target price on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday. JPMorgan Chase & Co. upped their target price on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday. Barclays upgraded shares of Skyworks Solutions from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $60.00 to $70.00 in a research note on Wednesday, April 22nd. Finally, Morgan Stanley upped their target price on shares of Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fifteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Skyworks Solutions has a consensus rating of “Hold” and an average target price of $76.61.

Skyworks Solutions Stock Up 2.7%

Skyworks Solutions stock opened at $66.78 on Wednesday. The company has a quick ratio of 1.80, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a 12-month low of $51.93 and a 12-month high of $90.90. The firm’s fifty day moving average is $57.81 and its 200 day moving average is $62.43. The company has a market capitalization of $10.04 billion, a PE ratio of 27.71 and a beta of 1.48.

Skyworks Solutions (NASDAQ:SWKS) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The business had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. Skyworks Solutions’s quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.24 EPS. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, sell-side analysts predict that Skyworks Solutions will post 3.25 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, May 26th will be issued a dividend of $0.71 per share. The ex-dividend date of this dividend is Tuesday, May 26th. This represents a $2.84 annualized dividend and a yield of 4.3%. Skyworks Solutions’s dividend payout ratio is 117.84%.

Institutional Investors Weigh In On Skyworks Solutions

Institutional investors have recently added to or reduced their stakes in the business. Manske Wealth Management lifted its stake in Skyworks Solutions by 3.8% in the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 160 shares in the last quarter. Parallel Advisors LLC raised its stake in Skyworks Solutions by 5.3% in the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after purchasing an additional 163 shares in the last quarter. Unison Advisors LLC grew its position in Skyworks Solutions by 0.9% during the third quarter. Unison Advisors LLC now owns 18,031 shares of the semiconductor manufacturer’s stock valued at $1,388,000 after acquiring an additional 164 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Skyworks Solutions by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 24,308 shares of the semiconductor manufacturer’s stock valued at $1,807,000 after acquiring an additional 166 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its position in Skyworks Solutions by 4.7% during the fourth quarter. Beacon Pointe Advisors LLC now owns 4,445 shares of the semiconductor manufacturer’s stock valued at $282,000 after acquiring an additional 200 shares during the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Skyworks Solutions

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

• Positive Sentiment: Several brokers raised their price targets on Skyworks Solutions, including Loop Capital, Craig Hallum, UBS, TD Cowen, KeyCorp, JPMorgan, Citi, BNP Paribas Exane, and others, with new targets mostly in the $70 to $85 range. Article Link
• Positive Sentiment: Skyworks recently beat second-quarter EPS estimates, which reinforced the view that earnings momentum may be improving and helped support bullish analyst forecasts. Article Link
• Neutral Sentiment: Analysts remain cautious overall despite the higher targets, with some firms still carrying neutral or hold ratings, signaling that upside expectations are not universally strong. Article Link
• Negative Sentiment: A shareholder litigation firm announced an investigation into possible fiduciary-duty breaches by Skyworks officers and directors, which could create legal overhang and weigh on sentiment. Article Link

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.