Skyworks Solutions (NASDAQ:SWKS) Issues Earnings Results

Skyworks Solutions (NASDAQ:SWKS) issued its quarterly earnings data on Tuesday. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11, FiscalAI reports. The firm had revenue of $943.70 million during the quarter, compared to analyst estimates of $901.76 million. Skyworks Solutions had a return on equity of 11.72% and a net margin of 9.73%.The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.24 EPS. Skyworks Solutions updated its Q3 2026 guidance to 1.030-1.030 EPS.

Here are the key takeaways from Skyworks Solutions’ conference call:

• Secured a multi‑generational design win with a leading Android OEM expected to generate over $1 billion through 2030, described as incremental, premium RF content that the company expects to grow year‑over‑year.
• Beat Q2 guidance with $944 million revenue (~$20M above the high end) and EPS of $1.15, reported nine consecutive quarters of broad‑markets growth, paid $107M in dividends, and finished the quarter with a strong balance sheet (~$1.4B cash, $1B debt).
• The proposed Qorvo combination is progressing through regulatory reviews (China SAMR in phase two) with an expected close in early 2027 but management is hopeful for late‑2026 and reiterates confidence in achieving synergies of $500M+.
• Near‑term margin pressure from higher input costs (expedites, gold) is driving selective price increases and cost controls; Q3 guidance shows flat gross margin (~44.5%–45.5%) and an EPS midpoint of $1.03 amid seasonal mobile declines.

Skyworks Solutions Stock Performance

Shares of NASDAQ SWKS traded up $3.71 during midday trading on Tuesday, reaching $72.56. The company’s stock had a trading volume of 6,777,723 shares, compared to its average volume of 3,139,714. Skyworks Solutions has a 12-month low of $51.93 and a 12-month high of $90.90. The firm has a 50 day moving average price of $57.60 and a 200-day moving average price of $62.57. The stock has a market capitalization of $10.91 billion, a P/E ratio of 27.91 and a beta of 1.48. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80.

Analyst Upgrades and Downgrades

SWKS has been the subject of a number of recent research reports. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, February 4th. Morgan Stanley decreased their price objective on Skyworks Solutions from $89.00 to $68.00 and set an “equal weight” rating for the company in a report on Monday, February 2nd. BNP Paribas Exane decreased their price objective on Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 21st. UBS Group decreased their price objective on Skyworks Solutions from $63.00 to $58.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Skyworks Solutions from $74.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $70.28.

More Skyworks Solutions News

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

• Positive Sentiment: Q2 results beat expectations — Non‑GAAP EPS $1.15 vs. consensus $1.04 and revenue $943.7M vs. ~$902M consensus; company exceeded the high end of its guidance. Read More.
• Positive Sentiment: Outlook raised above street — SWKS issued Q3 EPS guidance of $1.03 (vs. ~$0.86 consensus) and revenue guidance $900–950M (midpoint well above consensus), implying stronger sequential demand. Read More.
• Positive Sentiment: Large multi‑year design win — Announced a multi‑generational Android OEM design win expected to deliver $1B+ through 2030, supporting long‑term revenue visibility. Read More.
• Neutral Sentiment: Management commentary and call transcript available — The earnings call provides color on demand across smartphones, automotive and industrial end markets; investors can review the transcript for channel/inventory details. Read More.
• Negative Sentiment: Revenue roughly flat YoY and EPS down vs. prior year — Q2 revenue was essentially flat year‑over‑year (reported down ~1%) and non‑GAAP EPS fell from $1.24 last year to $1.15, highlighting that growth is still recovering. Read More.
• Negative Sentiment: Inventory levels increased — The company reported higher inventories, which could pressure near‑term margins or signal channel stocking rather than end‑demand in some segments. Read More.

Hedge Funds Weigh In On Skyworks Solutions

Hedge funds and other institutional investors have recently modified their holdings of the business. CYBER HORNET ETFs LLC purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $32,000. MUFG Securities EMEA plc purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth approximately $33,000. Brown Brothers Harriman & Co. boosted its stake in shares of Skyworks Solutions by 70.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 560 shares of the semiconductor manufacturer’s stock worth $43,000 after buying an additional 232 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Skyworks Solutions in the 4th quarter worth approximately $48,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Skyworks Solutions by 46.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,121 shares of the semiconductor manufacturer’s stock worth $84,000 after buying an additional 354 shares during the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

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.