TD Cowen Issues Positive Forecast for Skyworks Solutions (NASDAQ:SWKS) Stock Price
by Scott Moore · The Cerbat GemSkyworks Solutions (NASDAQ:SWKS – Get Free Report) had its target price increased by investment analysts at TD Cowen from $65.00 to $75.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “hold” rating on the semiconductor manufacturer’s stock. TD Cowen’s price target would indicate a potential upside of 15.65% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. KeyCorp upped their price objective on shares of Skyworks Solutions from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday. Mizuho reaffirmed an “underperform” rating and issued a $46.00 price objective (down from $60.00) on shares of Skyworks Solutions in a research note on Monday, April 20th. Benchmark reaffirmed a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, February 4th. Susquehanna cut their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. Finally, BNP Paribas Exane upped their price objective on shares of Skyworks Solutions from $60.00 to $70.00 in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $74.83.
View Our Latest Stock Report on SWKS
Skyworks Solutions Price Performance
SWKS stock traded down $7.71 during midday trading on Wednesday, reaching $64.85. The company had a trading volume of 7,592,056 shares, compared to its average volume of 3,727,082. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.40 and a quick ratio of 1.80. Skyworks Solutions has a 1 year low of $51.93 and a 1 year high of $90.90. The company has a market capitalization of $9.75 billion, a P/E ratio of 24.94 and a beta of 1.48. The firm has a 50-day moving average price of $57.60 and a 200-day moving average price of $62.57.
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.11. Skyworks Solutions had a net margin of 9.73% and a return on equity of 11.72%. The business had revenue of $943.70 million during the quarter, compared to analysts’ expectations of $901.76 million. During the same quarter in the previous year, the company earned $1.24 EPS. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. Skyworks Solutions has set its Q3 2026 guidance at 1.030-1.030 EPS. On average, research analysts anticipate that Skyworks Solutions will post 3.25 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Skyworks Solutions
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SWKS. United Services Automobile Association bought a new stake in Skyworks Solutions during the 1st quarter valued at $236,000. Focus Partners Wealth raised its holdings in Skyworks Solutions by 99.0% during the 1st quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock valued at $611,000 after buying an additional 4,702 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Skyworks Solutions by 137.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,298 shares of the semiconductor manufacturer’s stock valued at $171,000 after buying an additional 1,330 shares during the last quarter. Gamco Investors INC. ET AL bought a new stake in Skyworks Solutions during the 2nd quarter valued at $259,000. Finally, Gabelli Funds LLC bought a new stake in Skyworks Solutions during the 2nd quarter valued at $1,004,000. 85.43% of the stock is currently owned by institutional investors.
More Skyworks Solutions News
Here are the key news stories impacting Skyworks Solutions this week:
- Positive Sentiment: Q2 beat — Skyworks reported non‑GAAP EPS of $1.15 vs. $1.04 expected and revenue of ~$944M, topping estimates and beating guidance. SWKS’ Q2 Earnings Beat Estimates, Revenues Up on Strong Broad Markets
- Positive Sentiment: Major Android OEM design win — Skyworks secured a multi‑generational Android design win expected to generate $1B+ through 2030, underpinning longer‑term revenue visibility. Skyworks Delivers Strong Second Quarter Fiscal Year 2026 Results
- Positive Sentiment: Raised near‑term guidance — SWKS set Q3 FY26 EPS at $1.03 and revenue guide $900–$950M, above Street estimates, signaling confidence in premium smartphone RF demand. Skyworks Solutions forecasts higher revenue on strong chip demand
- Positive Sentiment: Analyst support — Multiple firms raised price targets (examples: Morgan Stanley, JPMorgan, KeyCorp), showing institutional confidence in the recovery path. Morgan Stanley lifts price target on Skyworks
- Neutral Sentiment: Dividend maintained — Board declared a $0.71 quarterly dividend (ex‑div May 26), supporting income investors but largely priced in.
- Neutral Sentiment: Full context available — The company held an earnings call/transcript with management discussing end‑market mix (Broad Markets strength) and outlook. Skyworks Q2 2026 Earnings Call Transcript
- Negative Sentiment: Shares plunged amid a broad semiconductor rally — SWKS underperformed peers and saw heavy selling, suggesting profit‑taking and rotation drove much of the drop. Semi Stocks Are Flying. Why Skyworks Solutions Is Getting Crushed.
- Negative Sentiment: Underlying weakness flagged — revenue was roughly flat/down ~1% YoY and management noted inventory increases in the quarter, which may worry short‑term margin and working‑capital investors. Skyworks beats Q2 estimates but shares edge lower as revenue declines YoY
- Negative Sentiment: After‑hours weakness — SWKS dipped in after‑hours trading despite beats, indicating some investors were disappointed by margins, inventory or simply locking gains. Skyworks Solutions Stock Is Trending Overnight
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.