TD Cowen Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $65.00

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

Other equities research analysts have also issued reports about the company. Craig Hallum boosted their target price on Skyworks Solutions from $75.00 to $85.00 in a research report on Wednesday, May 6th. BNP Paribas Exane increased their target price on Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday, May 6th. Royal Bank Of Canada reduced 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. JPMorgan Chase & Co. lifted their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, Mizuho lowered their target price on shares of Skyworks Solutions from $55.00 to $52.00 and set an “underperform” rating for the company in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $74.22.

Skyworks Solutions Trading Down 0.3%

Skyworks Solutions stock opened at $62.28 on Wednesday. Skyworks Solutions has a 52 week low of $51.93 and a 52 week high of $90.90. The stock has a 50-day moving average price of $68.32 and a 200 day moving average price of $62.85. The company has a current ratio of 3.10, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The stock has a market cap of $9.37 billion, a PE ratio of 32.27 and a beta of 1.50.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a return on equity of 10.74% and a net margin of 7.23%.The company had revenue of $934.80 million during the quarter, compared to analysts’ expectations of $925.97 million. During the same period in the prior year, the business posted $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. Equities research analysts predict that Skyworks Solutions will post 3.62 earnings per share for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, May 26th were given a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 26th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 147.15%.

Institutional Investors Weigh In On Skyworks Solutions

Several institutional investors have recently added to or reduced their stakes in the business. Jackson Creek Investment Advisors LLC bought a new stake in shares of Skyworks Solutions in the 4th quarter worth approximately $1,388,000. AlphaQuest LLC raised its position in shares of Skyworks Solutions by 662.4% in the 4th quarter. AlphaQuest LLC now owns 53,355 shares of the semiconductor manufacturer’s stock worth $3,383,000 after purchasing an additional 46,357 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Skyworks Solutions by 1,718.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,830 shares of the semiconductor manufacturer’s stock valued at $7,980,000 after buying an additional 118,909 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock valued at $1,338,198,000 after buying an additional 389,168 shares during the period. Finally, OFI Invest Asset Management purchased a new position in shares of Skyworks Solutions in the fourth quarter worth approximately $19,403,000. 85.43% of the stock is 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: UBS raised its Skyworks price target to $70, providing one of the few bullish analyst signals and suggesting meaningful upside from recent trading levels. UBS Group Increases Skyworks Solutions Price Target
• Neutral Sentiment: Analyst opinion remains mixed. Skyworks has an average “Hold” recommendation, indicating that brokerages generally see limited near-term catalysts and a relatively balanced risk-reward profile. Skyworks Given Average Hold Recommendation
• Neutral Sentiment: A valuation review concluded that SWKS is trading near estimated fair value, rather than at a clearly discounted level. That limits the appeal of the stock as a value opportunity unless operating fundamentals improve. Skyworks Trades Near Fair Value
• Neutral Sentiment: Broader technology-sector commentary described mixed views on Skyworks, reinforcing uncertainty around its growth outlook relative to other semiconductor and technology companies. Analysts Opinions Are Mixed on Technology Stocks
• Negative Sentiment: Citigroup cut its price target to $64 and TD Cowen lowered its target to $65. These targets leave relatively little upside and signal that analysts are becoming more cautious about the company’s earnings trajectory. Citigroup Lowers Skyworks Price Target TD Cowen Lowers Skyworks Price Target
• Negative Sentiment: JPMorgan, RBC, Stifel and Mizuho also lowered their expectations for Skyworks’ stock, creating a broad wave of negative analyst revisions likely weighing on investor sentiment. JPMorgan Lowers Skyworks Expectations RBC Lowers Skyworks Expectations Stifel Lowers Skyworks Expectations

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.