Skyworks Solutions (NASDAQ:SWKS) Price Target Raised to $70.00

Skyworks Solutions (NASDAQ:SWKS) had its price target lifted by JPMorgan Chase & Co. from $65.00 to $70.00 in a report issued on Wednesday, MarketBeat reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

Other research analysts have also issued research reports about the company. BNP Paribas Exane reduced their price target on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 21st. Morgan Stanley boosted their price objective on Skyworks Solutions from $69.00 to $76.00 and gave the stock an “equal weight” rating in a research note on Wednesday. UBS Group dropped their price objective on Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Argus raised Skyworks Solutions to a “hold” rating in a research note on Friday, February 6th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $65.00 price objective (down from $72.00) on shares of Skyworks Solutions in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Skyworks Solutions has an average rating of “Hold” and a consensus price target of $76.61.

Skyworks Solutions Trading Up 2.7%

Shares of SWKS stock opened at $66.78 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.38. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90. The stock has a fifty day moving average of $57.81 and a two-hundred day moving average of $62.43. The firm 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The company had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. During the same quarter in the previous year, the firm posted $1.24 EPS. The firm’s quarterly revenue was down 1.0% on a year-over-year basis. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. As a group, research analysts expect that Skyworks Solutions will post 3.25 EPS for the current year.

Skyworks Solutions Announces Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SWKS. Quest 10 Wealth Builders Inc. raised its position in Skyworks Solutions by 488.6% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 342 shares during the period. Sound Income Strategies LLC raised its position in Skyworks Solutions by 137.1% during the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 281 shares during the period. AdvisorNet Financial Inc raised its position in Skyworks Solutions by 93.8% during the first quarter. AdvisorNet Financial Inc now owns 531 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 257 shares during the period. Fideuram Asset Management Ireland dac acquired a new position in Skyworks Solutions during the fourth quarter valued at $29,000. Finally, CYBER HORNET ETFs LLC acquired a new position in Skyworks Solutions during the second quarter valued at $32,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Key Headlines 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

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.