Skyworks Solutions (NASDAQ:SWKS) Upgraded to Buy at Wall Street Zen

Skyworks Solutions (NASDAQ:SWKS) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research analysts also recently weighed in on the company. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $70.00 to $140.00 in a research note on Wednesday, October 29th. UBS Group lowered their price objective on shares of Skyworks Solutions from $85.00 to $80.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 5th. Cfra set a $90.00 price objective on shares of Skyworks Solutions in a research report on Tuesday, October 28th. BNP Paribas Exane raised their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Benchmark reiterated a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Skyworks Solutions currently has a consensus rating of “Hold” and a consensus target price of $83.18.

Skyworks Solutions Stock Up 0.3%

Shares of NASDAQ SWKS opened at $64.68 on Friday. The business has a 50-day moving average price of $69.74 and a 200 day moving average price of $72.61. The stock has a market cap of $9.62 billion, a PE ratio of 21.07 and a beta of 1.31. The company has a quick ratio of 1.76, a current ratio of 2.33 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 issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company had revenue of $1.10 billion during the quarter. During the same quarter in the prior year, the firm posted $1.55 EPS. Skyworks Solutions’s quarterly revenue was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts forecast that Skyworks Solutions will post 3.7 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Reza Kasnavi sold 7,332 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.26, for a total value of $456,490.32. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction 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. The trade was a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Skyworks Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of SWKS. Park Place Capital Corp boosted its holdings in shares of Skyworks Solutions by 62.1% in the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions in the 2nd quarter worth about $28,000. Financial Consulate Inc. purchased a new stake in shares of Skyworks Solutions during the 3rd quarter worth about $29,000. Clearstead Trust LLC grew its holdings in shares of Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 274 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new stake in Skyworks Solutions during the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors 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.