Skyworks Solutions (NASDAQ:SWKS) Given New $60.00 Price Target at Mizuho

Skyworks Solutions (NASDAQ:SWKS) had its target price reduced by Mizuho from $65.00 to $60.00 in a report published on Monday,Benzinga reports. They currently have a neutral rating on the semiconductor manufacturer’s stock.

A number of other analysts also recently weighed in on SWKS. Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Thursday. Cfra Research raised shares of Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a report on Tuesday, October 28th. BNP Paribas Exane dropped their target price on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, January 21st. Stifel Nicolaus set a $72.00 target price on shares of Skyworks Solutions in a research note on Wednesday, November 5th. Finally, Susquehanna decreased their price target on Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Skyworks Solutions has an average rating of “Hold” and a consensus target price of $76.83.

Skyworks Solutions Stock Performance

NASDAQ:SWKS opened at $59.76 on Monday. The firm has a 50-day moving average of $63.62 and a two-hundred day moving average of $70.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.33 and a quick ratio of 1.76. The stock has a market cap of $8.96 billion, a P/E ratio of 19.47 and a beta of 1.30. Skyworks Solutions has a 1-year low of $47.93 and a 1-year high of $93.33.

Skyworks Solutions (NASDAQ:SWKS) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. The business had revenue of $1.10 billion for the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 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.

Insider Activity

In other Skyworks Solutions news, 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 value of $456,490.32. Following 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total value of $307,974.60. Following the transaction, the senior vice president directly owned 19,824 shares of the company’s stock, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Skyworks Solutions

Large investors have recently added to or reduced their stakes in the stock. Park Place Capital Corp boosted its holdings in shares of Skyworks Solutions by 62.1% during the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 141 shares during the period. Financiere des Professionnels Fonds d investissement inc. lifted its position in Skyworks Solutions by 1.2% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 12,738 shares of the semiconductor manufacturer’s stock valued at $981,000 after purchasing an additional 145 shares during the last quarter. Wedmont Private Capital boosted its stake in Skyworks Solutions by 5.8% during the 3rd quarter. Wedmont Private Capital now owns 2,775 shares of the semiconductor manufacturer’s stock valued at $206,000 after purchasing an additional 151 shares during the period. Manske Wealth Management grew its position in Skyworks Solutions by 3.8% in the 3rd quarter. Manske Wealth Management now owns 4,318 shares of the semiconductor manufacturer’s stock worth $332,000 after purchasing an additional 160 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Skyworks Solutions by 5.3% in the third quarter. Parallel Advisors LLC now owns 3,233 shares of the semiconductor manufacturer’s stock valued at $249,000 after purchasing an additional 163 shares during the period. 85.43% of the stock is owned by institutional investors and hedge funds.

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.