B. Riley Lowers Skyworks Solutions (NASDAQ:SWKS) Price Target to $60.00

Skyworks Solutions (NASDAQ:SWKS) had its price target dropped by stock analysts at B. Riley from $70.00 to $60.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the semiconductor manufacturer’s stock. B. Riley’s price objective would indicate a potential downside of 0.08% from the company’s previous close.

A number of other equities research analysts have also issued reports on SWKS. Piper Sandler raised Skyworks Solutions from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $70.00 to $140.00 in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Thursday, January 22nd. Zacks Research raised shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. Cfra set a $90.00 price target on shares of Skyworks Solutions in a research note on Tuesday, October 28th. Finally, Loop Capital decreased their price objective on shares of Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a report on Friday, January 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $76.83.

Skyworks Solutions Trading Up 0.5%

Shares of SWKS opened at $60.05 on Monday. The company’s fifty day simple moving average is $63.58 and its 200-day simple moving average is $70.21. The company has a market cap of $9.00 billion, a P/E ratio of 19.56 and a beta of 1.30. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a twelve month low of $47.93 and a twelve month high of $90.90.

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

Insider Transactions 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 in the company, 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 document filed with the SEC, which can be accessed through the SEC website. Also, EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 26,087 shares in the company, valued at $1,624,176.62. This represents a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Skyworks Solutions

Institutional investors and hedge funds have recently bought and sold shares of the company. United Services Automobile Association purchased a new position in Skyworks Solutions during the 1st quarter worth $236,000. Focus Partners Wealth boosted its holdings in Skyworks Solutions by 99.0% in the first quarter. Focus Partners Wealth now owns 9,451 shares of the semiconductor manufacturer’s stock worth $611,000 after acquiring an additional 4,702 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Skyworks Solutions by 113.1% in the second quarter. Farther Finance Advisors LLC now owns 3,161 shares of the semiconductor manufacturer’s stock worth $236,000 after acquiring an additional 1,678 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of Skyworks Solutions during the second quarter worth about $613,000. Finally, Signaturefd LLC increased its holdings in shares of Skyworks Solutions by 127.4% during the second quarter. Signaturefd LLC now owns 4,488 shares of the semiconductor manufacturer’s stock valued at $334,000 after acquiring an additional 2,514 shares in the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.

Skyworks Solutions Company Profile

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.