Skyworks Solutions (NASDAQ:SWKS) Price Target Lowered to $68.00 at Morgan Stanley

Skyworks Solutions (NASDAQ:SWKS) had its price objective cut by Morgan Stanley from $89.00 to $68.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have an equal weight rating on the semiconductor manufacturer’s stock.

A number of other research firms have also issued reports on SWKS. Loop Capital lowered their target price on Skyworks Solutions from $75.00 to $65.00 and set a “hold” rating for the company in a research note on Friday, January 2nd. JPMorgan Chase & Co. upped their price target on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Zacks Research upgraded shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. Susquehanna reduced their target price on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Finally, Barclays lowered their price target on shares of Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Skyworks Solutions currently has a consensus rating of “Hold” and a consensus target price of $75.67.

Skyworks Solutions Trading Up 1.9%

Shares of SWKS stock opened at $56.83 on Monday. 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 fifty-two week low of $47.93 and a fifty-two week high of $90.90. The firm’s 50 day moving average price is $63.08 and its two-hundred day moving average price is $69.73. The stock has a market cap of $8.52 billion, a price-to-earnings ratio of 18.51 and a beta of 1.33.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.23. The business 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 was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, analysts anticipate that Skyworks Solutions will post 3.7 EPS for the current year.

Insiders Place Their Bets

In other news, 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 transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the completion of the transaction, the executive vice president owned 26,087 shares of the company’s stock, valued at $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Skyworks Solutions by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer’s stock valued at $1,338,198,000 after acquiring an additional 389,168 shares in the last quarter. Pzena Investment Management LLC increased its stake in Skyworks Solutions by 0.5% during the third quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock valued at $944,711,000 after purchasing an additional 64,519 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Skyworks Solutions by 4.0% during the third quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock worth $337,292,000 after purchasing an additional 168,663 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Skyworks Solutions by 14.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock worth $241,829,000 after buying an additional 397,287 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Skyworks Solutions by 26.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,056,313 shares of the semiconductor manufacturer’s stock worth $158,295,000 after buying an additional 436,373 shares during the last quarter. 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.