Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $73.00

Skyworks Solutions (NASDAQ:SWKS) had its price target boosted by BNP Paribas Exane from $71.00 to $73.00 in a report published on Wednesday,MarketScreener reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

Other research analysts have also issued research reports about the company. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, October 29th. KeyCorp set a $105.00 price objective on shares of Skyworks Solutions and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Mizuho raised their target price on shares of Skyworks Solutions from $60.00 to $65.00 and gave the stock an “underperform” rating in a research note on Wednesday. Arete Research raised shares of Skyworks Solutions to a “strong-buy” rating in a report on Thursday, August 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $83.94.

Skyworks Solutions Stock Performance

Shares of SWKS opened at $69.58 on Wednesday. The company’s 50 day simple moving average is $75.63 and its 200-day simple moving average is $72.92. Skyworks Solutions has a 12-month low of $47.93 and a 12-month high of $95.46. The firm has a market cap of $10.33 billion, a PE ratio of 27.83 and a beta of 1.21. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company had revenue of $1.10 billion for the quarter. During the same period in the previous year, the business posted $1.55 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, equities analysts predict that Skyworks Solutions will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 9th. Investors of record on Tuesday, November 18th will be given a $0.71 dividend. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 annualized dividend and a dividend yield of 4.1%. Skyworks Solutions’s payout ratio is currently 92.51%.

Institutional Trading of Skyworks Solutions

Several institutional investors and hedge funds have recently modified their holdings of SWKS. Principal Financial Group Inc. boosted its position in Skyworks Solutions by 9.1% during the first quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after acquiring an additional 16,965 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Skyworks Solutions in the 1st quarter valued at $1,511,000. Envestnet Asset Management Inc. grew its stake in shares of Skyworks Solutions by 91.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock valued at $30,690,000 after buying an additional 226,938 shares during the period. HB Wealth Management LLC acquired a new stake in shares of Skyworks Solutions during the 2nd quarter worth $442,000. Finally, Kingstone Capital Partners Texas LLC purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth $67,841,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

About Skyworks Solutions

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.