Skyworks Solutions (NASDAQ:SWKS) Shares Gap Down – Here’s Why

Skyworks Solutions, Inc. (NASDAQ:SWKS) shares gapped down prior to trading on Wednesday . The stock had previously closed at $60.05, but opened at $54.88. Skyworks Solutions shares last traded at $56.0740, with a volume of 4,107,455 shares.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Zacks Research raised shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 16th. Cfra set a $90.00 target price on Skyworks Solutions in a research report on Tuesday, October 28th. Morgan Stanley boosted their price objective on Skyworks Solutions from $65.00 to $89.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Mizuho reduced their target price on Skyworks Solutions from $65.00 to $60.00 and set a “neutral” rating for the company in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their price target on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Skyworks Solutions presently has a consensus rating of “Hold” and a consensus price target of $76.83.

Skyworks Solutions Stock Down 5.8%

The stock has a market cap of $8.48 billion, a P/E ratio of 18.43 and a beta of 1.30. The company has a quick ratio of 1.76, a current ratio of 2.33 and a debt-to-equity ratio of 0.09. The company has a 50-day simple moving average of $63.58 and a two-hundred day simple moving average of $70.21.

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

Insider Activity

In related news, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Reza Kasnavi sold 7,332 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Skyworks Solutions

A number of hedge funds and other institutional investors have recently modified their holdings of SWKS. Vanguard Group Inc. lifted its stake in Skyworks Solutions by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 20,714,728 shares of the semiconductor manufacturer’s stock worth $1,594,620,000 after purchasing an additional 958,768 shares in the last quarter. Pzena Investment Management LLC grew its position in Skyworks Solutions by 0.5% in the 3rd quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock valued at $944,711,000 after acquiring an additional 64,519 shares during the last quarter. Invesco Ltd. boosted its position in Skyworks Solutions by 4.0% in the 3rd quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock valued at $337,292,000 after buying an additional 168,663 shares during the period. Dimensional Fund Advisors LP grew its stake in Skyworks Solutions by 14.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock worth $241,829,000 after acquiring an additional 397,287 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Skyworks Solutions by 26.9% during the third quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock valued at $158,295,000 after acquiring an additional 436,373 shares in the last quarter. 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.