Mizuho Cuts Skyworks Solutions (NASDAQ:SWKS) Price Target to $60.00

Skyworks Solutions (NASDAQ:SWKSFree Report) had its price target lowered by Mizuho from $65.00 to $60.00 in a report issued on Monday,Benzinga reports. Mizuho currently has a neutral rating on the semiconductor manufacturer’s stock.

Other analysts also recently issued research reports about the stock. BNP Paribas Exane decreased their price objective on shares of Skyworks Solutions from $73.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, January 21st. UBS Group reduced their target price on shares of Skyworks Solutions from $80.00 to $63.00 and set a “neutral” rating for the company in a research report on Tuesday, January 20th. Susquehanna lowered their price target on shares of Skyworks Solutions from $75.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, January 22nd. Barclays dropped their price objective on Skyworks Solutions from $88.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. raised their target price on Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Two 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $76.83.

Read Our Latest Research Report on SWKS

Skyworks Solutions Stock Down 7.9%

SWKS stock opened at $55.28 on Monday. The stock’s fifty day simple moving average is $63.43 and its two-hundred day simple moving average is $70.11. 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 1-year low of $47.93 and a 1-year high of $90.90. The stock has a market cap of $8.29 billion, a P/E ratio of 18.01 and a beta of 1.30.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.23. The firm had revenue of $1.10 billion during the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts expect that Skyworks Solutions will post 3.7 EPS for the current year.

Insider Activity at Skyworks Solutions

In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The shares were 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 directly owned 26,087 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $62.28, for a total transaction of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. The trade was a 19.96% decrease in their position. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SWKS. Park Place Capital Corp grew its holdings in Skyworks Solutions by 62.1% during the 2nd quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 141 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of Skyworks Solutions in the third quarter valued at approximately $29,000. Atlantic Union Bankshares Corp bought a new position in shares of Skyworks Solutions in the second quarter valued at approximately $28,000. Clearstead Trust LLC grew its stake in Skyworks Solutions by 200.0% during the second quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Skyworks Solutions during the 2nd quarter worth approximately $32,000. Institutional investors own 85.43% of the company’s stock.

About Skyworks Solutions

(Get Free Report)

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.

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