Skyworks Solutions (NASDAQ:SWKS) Price Target Lowered to $65.00 at Susquehanna

Skyworks Solutions (NASDAQ:SWKS) had its price objective cut by Susquehanna from $75.00 to $65.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the semiconductor manufacturer’s stock. Susquehanna’s target price suggests a potential upside of 11.02% from the stock’s previous close.

Several other brokerages have also commented on SWKS. Stifel Nicolaus set a $72.00 price objective on Skyworks Solutions in a report on Wednesday, November 5th. Citigroup raised shares of Skyworks Solutions from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $66.00 to $105.00 in a research note on Wednesday, October 29th. Morgan Stanley lifted their price objective on shares of Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Zacks Research upgraded shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 16th. Finally, Wall Street Zen downgraded Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $78.11.

Skyworks Solutions Trading Up 2.0%

Skyworks Solutions stock opened at $58.55 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.76 and a current ratio of 2.33. Skyworks Solutions has a fifty-two week low of $47.93 and a fifty-two week high of $94.61. The stock has a market cap of $8.78 billion, a P/E ratio of 19.07 and a beta of 1.30. The firm’s fifty day moving average price is $64.01 and its 200-day moving average price is $70.75.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.23. The company had revenue of $1.10 billion during the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.Skyworks Solutions’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts forecast that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Insider Activity

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president directly owned 26,087 shares of the company’s stock, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert John Terry sold 4,945 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Skyworks Solutions

Institutional investors have recently added to or reduced their stakes in the company. Park Place Capital Corp grew its position in shares of Skyworks Solutions by 62.1% in the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Skyworks Solutions during the second quarter valued at approximately $28,000. Sound Income Strategies LLC lifted its stake in Skyworks Solutions by 137.1% in the fourth quarter. Sound Income Strategies LLC now owns 486 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 281 shares during the period. Financial Consulate Inc. purchased a new stake in Skyworks Solutions in the third quarter worth $29,000. Finally, Clearstead Trust LLC boosted its holdings in Skyworks Solutions by 200.0% in the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company’s stock.

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.