Skyworks Solutions (NASDAQ:SWKS) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Skyworks Solutions (NASDAQ:SWKS) had its price objective raised by equities research analysts at Morgan Stanley from $65.00 to $89.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The brokerage currently has an “equal weight” rating on the semiconductor manufacturer’s stock. Morgan Stanley’s target price suggests a potential upside of 12.43% from the stock’s previous close.

SWKS has been the topic of a number of other reports. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research note on Tuesday. Wall Street Zen upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Susquehanna increased their price target on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, July 22nd. Mizuho lowered shares of Skyworks Solutions from a “neutral” rating to an “underperform” rating and set a $60.00 price target on the stock. in a research report on Monday, October 20th. Finally, Arete Research upgraded Skyworks Solutions to a “strong-buy” rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Skyworks Solutions currently has an average rating of “Hold” and an average price target of $84.12.

Skyworks Solutions Stock Up 0.5%

SWKS stock opened at $79.16 on Wednesday. The company’s 50-day moving average price is $75.95 and its 200 day moving average price is $72.22. The company has a market cap of $11.75 billion, a P/E ratio of 31.66 and a beta of 1.20. The company has a current ratio of 2.39, a quick ratio of 1.80 and a debt-to-equity ratio of 0.09. Skyworks Solutions has a 52 week low of $47.93 and a 52 week high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $965.00 million for the quarter, compared to analysts’ expectations of $940.00 million. Skyworks Solutions had a return on equity of 11.77% and a net margin of 9.88%.The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.21 EPS. Skyworks Solutions has set its Q4 2025 guidance at 1.400-1.400 EPS. On average, research analysts expect that Skyworks Solutions will post 3.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Skyworks Solutions

Hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. boosted its stake in Skyworks Solutions by 9.1% in the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer’s stock worth $13,152,000 after buying an additional 16,965 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in Skyworks Solutions by 30.6% in the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer’s stock worth $255,000 after buying an additional 927 shares during the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Skyworks Solutions in the first quarter worth approximately $1,511,000. Envestnet Asset Management Inc. boosted its position in shares of Skyworks Solutions by 91.5% in the first quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer’s stock worth $30,690,000 after acquiring an additional 226,938 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new stake in shares of Skyworks Solutions in the second quarter worth approximately $442,000. Institutional investors and hedge funds own 85.43% of the company’s stock.

Skyworks Solutions Company Profile

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.