Skyworks Solutions (NASDAQ:SWKS – Get Free Report) had its price objective dropped by stock analysts at UBS Group from $80.00 to $63.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the semiconductor manufacturer’s stock. UBS Group’s price objective points to a potential upside of 7.60% from the stock’s previous close.
A number of other brokerages have also commented on SWKS. KeyCorp set a $105.00 price target on Skyworks Solutions and gave the company an “overweight” rating in a report on Wednesday, October 29th. Cfra set a $90.00 target price on shares of Skyworks Solutions in a research note on Tuesday, October 28th. Piper Sandler upgraded shares of Skyworks Solutions from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $70.00 to $140.00 in a research report on Wednesday, October 29th. BNP Paribas Exane increased their price objective on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Finally, Zacks Research upgraded Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 16th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $78.67.
Get Our Latest Analysis on SWKS
Skyworks Solutions Price Performance
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last issued its quarterly earnings data 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. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The business had revenue of $1.10 billion during the quarter. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The business’s quarterly revenue was up 7.3% on a year-over-year basis. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts forecast that Skyworks Solutions will post 3.7 EPS for the current year.
Insider Activity at Skyworks Solutions
In other Skyworks Solutions news, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president directly owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. The trade was a 19.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the sale, the executive vice president directly owned 26,087 shares of the company’s stock, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.28% of the stock is owned by insiders.
Institutional Investors Weigh In On Skyworks Solutions
Large investors have recently made changes to their positions in the stock. Park Place Capital Corp raised its stake in 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 during the period. Financial Consulate Inc. acquired a new position in shares of Skyworks Solutions during the 3rd quarter worth approximately $29,000. Atlantic Union Bankshares Corp bought a new stake in Skyworks Solutions in the 2nd quarter valued at $28,000. Clearstead Trust LLC lifted its holdings in Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 274 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Skyworks Solutions during the second quarter worth $32,000. Institutional investors and hedge funds 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.
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