JPMorgan Chase & Co. Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $65.00

Skyworks Solutions (NASDAQ:SWKS) had its price target reduced by stock analysts at JPMorgan Chase & Co. from $70.00 to $65.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the semiconductor manufacturer’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 4.84% from the company’s previous close.

Several other analysts have also weighed in on SWKS. UBS Group boosted their price objective on Skyworks Solutions from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday. BNP Paribas Exane upped their price target on Skyworks Solutions from $60.00 to $70.00 in a research report on Wednesday, May 6th. TD Cowen dropped their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Wednesday. Benchmark restated a “hold” rating on shares of Skyworks Solutions in a research report on Monday. Finally, Morgan Stanley lowered their target price on Skyworks Solutions from $76.00 to $72.00 and set an “equal weight” rating for the company in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Skyworks Solutions presently has a consensus rating of “Hold” and an average target price of $74.22.

Skyworks Solutions Stock Down 4.1%

Shares of SWKS traded down $2.68 during trading on Wednesday, reaching $62.00. The company’s stock had a trading volume of 8,839,737 shares, compared to its average volume of 4,464,643. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 26.09 and a beta of 1.50. The company has a quick ratio of 1.70, a current ratio of 2.38 and a debt-to-equity ratio of 0.09. The company has a fifty day moving average of $69.21 and a two-hundred day moving average of $62.83. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90.

Skyworks Solutions (NASDAQ:SWKS) last issued its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. The business had revenue of $934.80 million during the quarter, compared to analyst estimates of $925.97 million. Skyworks Solutions had a net margin of 8.93% and a return on equity of 11.52%. The business’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.33 earnings per share. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, sell-side analysts predict that Skyworks Solutions will post 3.62 EPS for the current fiscal year.

Institutional Investors Weigh In On Skyworks Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 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. CYBER HORNET ETFs LLC acquired a new position in shares of Skyworks Solutions in the 2nd quarter valued at about $32,000. MUFG Securities EMEA plc purchased a new stake in shares of Skyworks Solutions in the second quarter worth approximately $33,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Skyworks Solutions during the fourth quarter worth approximately $29,000. Finally, Sound Income Strategies LLC boosted its holdings in shares of Skyworks Solutions by 137.1% during the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 281 shares during the period. Institutional investors own 85.43% of the company’s stock.

Skyworks Solutions News Roundup

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

• Positive Sentiment: Skyworks reported fiscal third-quarter adjusted EPS of $1.08 and revenue of $934.8 million, exceeding consensus estimates of $1.03 and approximately $926 million, respectively. Growth in broad markets—particularly automotive and AI data-center applications—helped offset weakness elsewhere. Skyworks fiscal third-quarter results
• Positive Sentiment: The company authorized a new $2 billion share-repurchase program and announced progress toward its planned combination with Qorvo, including an expected leadership team for the combined business. Regulatory approvals are progressing. Skyworks and Qorvo expected leadership team
• Neutral Sentiment: Fiscal fourth-quarter guidance calls for adjusted EPS of $1.27 and revenue between $1.0 billion and $1.1 billion. The EPS outlook is above consensus, although investors appear focused on expected sequential pressure and continued margin challenges.
• Neutral Sentiment: Analyst views remain mixed. UBS raised its price target to $70 while maintaining a Neutral rating; RBC cut its target to $70 with a Sector Perform rating; and Citi reduced its target to $64 while remaining Neutral. Morgan Stanley maintained Hold but lowered its target to $72, citing the dividend suspension and uneven end-market trends.
• Negative Sentiment: Revenue declined 3.1% from the prior year and adjusted EPS fell from $1.33, while management indicated weaker fourth-quarter earnings expectations in underlying commentary. The combination with Qorvo is also expected to require approximately $2 billion of acquisition debt financing, adding execution and leverage concerns. Analyst revisions following Skyworks earnings
• Negative Sentiment: Mizuho downgraded Skyworks to Underperform and lowered its price target from $55 to $52, signaling substantial downside from recent trading levels and reinforcing concerns about the company’s near-term growth and profitability.

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.