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

Skyworks Solutions (NASDAQ:SWKSGet Free Report) had its price target dropped by equities researchers at Loop Capital from $75.00 to $65.00 in a report issued on Friday,MarketScreener reports. The brokerage presently has a “hold” rating on the semiconductor manufacturer’s stock. Loop Capital’s target price points to a potential upside of 0.87% from the company’s current price.

Several other equities research analysts also recently commented on the stock. BNP Paribas Exane upped their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Cfra set a $90.00 price target on shares of Skyworks Solutions in a research report on Tuesday, October 28th. Stifel Nicolaus set a $72.00 price objective on Skyworks Solutions in a research report on Wednesday, November 5th. Barclays upgraded shares of Skyworks Solutions from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $58.00 to $88.00 in a research note on Wednesday, October 29th. Finally, Cfra Research upgraded shares of Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Skyworks Solutions presently has a consensus rating of “Hold” and an average price target of $82.59.

Get Our Latest Research Report on Skyworks Solutions

Skyworks Solutions Price Performance

Shares of SWKS stock opened at $64.44 on Friday. The firm’s 50 day moving average price is $67.85 and its two-hundred day moving average price is $72.11. 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 52-week low of $47.93 and a 52-week high of $95.46. The stock has a market cap of $9.66 billion, a PE ratio of 20.95 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. As a group, analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.

Insider Activity at Skyworks Solutions

In other Skyworks Solutions news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were 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 directly owned 26,087 shares in the company, valued at $1,624,176.62. The trade was a 21.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Robert John Terry sold 4,945 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president directly owned 19,824 shares in the company, valued at approximately $1,234,638.72. This represents a 19.96% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Park Place Capital Corp lifted its stake in shares of Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in Skyworks Solutions in the second quarter valued at approximately $28,000. Financial Consulate Inc. bought a new position in Skyworks Solutions during the third quarter valued at $29,000. Clearstead Trust LLC raised its stake in Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Skyworks Solutions during the 2nd quarter valued at approximately $32,000. 85.43% of the stock is owned by institutional investors.

Skyworks Solutions Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Skyworks Solutions (NASDAQ:SWKS)

Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.