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Morgan Stanley lowers Skyworks Solutions (NASDAQ:SWKS) price target to $72.00. July 29, 2026 Key points. * Morgan Stanley lowered Skyworks Solutions' price target from $76 to $72 while maintaining an "equal weight" rating, implying approximately 16% upside from the stock's current price. * Skyworks shares fell 4.1% to $62 during Wednesday trading. Analyst sentiment remains broadly cautious, with an overall "Hold" rating and an average price target of $74.22. * The company exceeded quarterly expectations with adjusted EPS of $1.08 and revenue of $934.8 million, but revenue and earnings declined year over year. Skyworks issued fourth-quarter guidance of $1.27 adjusted EPS and $1.0 billion-$1.1 billion in revenue. * MarketBeat previews top five stocks to own in August. Skyworks Solutions (NASDAQ:SWKS - Get Free Report) had its price target dropped by analysts at Morgan Stanley from $76.00 to $72.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has an "equal weight" rating on the semiconductor manufacturer's stock. Morgan Stanley's price objective indicates a potential upside of 16.13% from the stock's current price. Several other brokerages also recently issued reports on SWKS. Loop Capital raised their price target on Skyworks Solutions from $60.00 to $70.00 in a report on Wednesday, May 6th. Craig Hallum increased their price objective on Skyworks Solutions from $75.00 to $85.00 in a report on Wednesday, May 6th. Mizuho decreased their price target on Skyworks Solutions from $55.00 to $52.00 and set an "underperform" rating for the company in a research note on Wednesday. B. Riley Financial lifted their price objective on shares of Skyworks Solutions from $60.00 to $68.00 and gave the company a "neutral" rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Skyworks Solutions from $65.00 to $70.00 and gave the stock a "neutral" rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $74.22. Skyworks Solutions stock down 4.1%. SWKS stock traded down $2.68 during mid-day trading on Wednesday, hitting $62.00. 8,839,737 shares of the company were exchanged, compared to its average volume of 4,464,643. The company has a current ratio of 2.38, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The firm has a fifty day simple moving average of $69.21 and a 200 day simple moving average of $62.83. Skyworks Solutions has a twelve month low of $51.93 and a twelve month high of $90.90. The company has a market capitalization of $9.33 billion, a PE ratio of 26.09 and a beta of 1.50. Discover more Dividend Screener Tool Communications & Media Studies MarketBeat Research Tools Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor manufacturer reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.05. Skyworks Solutions had a return on equity of 11.52% and a net margin of 8.93%.The business had revenue of $934.80 million for the quarter, compared to analyst estimates of $925.97 million. During the same period in the prior year, the company posted $1.33 EPS. The business's revenue was down 3.1% compared to the same quarter last year. Skyworks Solutions has set its Q4 2026 guidance at 1.270-1.270 EPS. On average, research analysts forecast that Skyworks Solutions will post 3.62 earnings per share for the current fiscal year. Institutional investors weigh in on Skyworks Solutions. Several hedge funds have recently made changes to their positions in SWKS. Vanguard Group Inc. boosted its position in shares of Skyworks Solutions by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 21,103,896 shares of the semiconductor manufacturer's stock worth $1,338,198,000 after buying an additional 389,168 shares during the period. Pzena Investment Management LLC increased its holdings in shares of Skyworks Solutions by 27.6% in the 1st quarter. Pzena Investment Management LLC now owns 16,108,138 shares of the semiconductor manufacturer's stock valued at $862,591,000 after purchasing an additional 3,481,658 shares during the period. State Street Corp lifted its position in shares of Skyworks Solutions by 1.0% in the fourth quarter. State Street Corp now owns 6,600,800 shares of the semiconductor manufacturer's stock worth $418,557,000 after purchasing an additional 64,187 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Skyworks Solutions by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,901,731 shares of the semiconductor manufacturer's stock worth $374,229,000 after purchasing an additional 137,506 shares during the period. Finally, FIL Ltd grew its position in Skyworks Solutions by 50.5% during the fourth quarter. FIL Ltd now owns 5,190,211 shares of the semiconductor manufacturer's stock valued at $329,111,000 after purchasing an additional 1,742,338 shares in the last quarter. Hedge funds and other institutional investors own 85.43% of the company's stock. Key stories impacting Skyworks Solutions. Here are the key news stories impacting Skyworks Solutions this week: * Positive Sentiment: Skyworks reported fiscal third-quarter adjusted EPS of $1.08 and revenue of $934.8 million, exceeding consensus estimates of $1.03 and approximately $926 million, respectively. Growth in broad markets - particularly automotive and AI data-center applications - helped offset weakness elsewhere. Skyworks fiscal third-quarter results * Positive Sentiment: The company authorized a new $2 billion share-repurchase program and announced progress toward its planned combination with Qorvo, including an expected leadership team for the combined business. Regulatory approvals are progressing. Skyworks and Qorvo expected leadership team * Neutral Sentiment: Fiscal fourth-quarter guidance calls for adjusted EPS of $1.27 and revenue between $1.0 billion and $1.1 billion. The EPS outlook is above consensus, although investors appear focused on expected sequential pressure and continued margin challenges. * Neutral Sentiment: Analyst views remain mixed. UBS raised its price target to $70 while maintaining a Neutral rating; RBC cut its target to $70 with a Sector Perform rating; and Citi reduced its target to $64 while remaining Neutral. Morgan Stanley maintained Hold but lowered its target to $72, citing the dividend suspension and uneven end-market trends. * Negative Sentiment: Revenue declined 3.1% from the prior year and adjusted EPS fell from $1.33, while management indicated weaker fourth-quarter earnings expectations in underlying commentary. The combination with Qorvo is also expected to require approximately $2 billion of acquisition debt financing, adding execution and leverage concerns. Analyst revisions following Skyworks earnings * Negative Sentiment: Mizuho downgraded Skyworks to Underperform and lowered its price target from $55 to $52, signaling substantial downside from recent trading levels and reinforcing concerns about the company's near-term growth and profitability. 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Skyworks Solutions, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skyworks Solutions wasn't on the list. While Skyworks Solutions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. The space race is growing fast, and you don't have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Skyworks Solutions Q3 earnings call highlights. July 28, 2026 Key points. * Skyworks exceeded its Q3 outlook, reporting $935 million in revenue and non-GAAP EPS of $1.08. Mobile contributed 57% of sales, while broad markets revenue rose 8% year over year to approximately $403 million. * The proposed Qorvo combination is progressing, with China's regulatory review entering its final phase and closing potentially occurring in calendar 2026. Skyworks expects at least $500 million in synergies and plans to raise approximately $2 billion in debt financing. * Skyworks will discontinue its quarterly dividend and prioritize share repurchases, debt reduction and acquisitions through a new $2 billion buyback authorization. For Q4, it forecasts revenue of $1.01 billion to $1.06 billion and midpoint non-GAAP EPS of $1.27. * Five stocks we like better than Skyworks Solutions. Skyworks Solutions NASDAQ: SWKS reported fiscal third-quarter revenue and non-GAAP earnings above the midpoint of its guidance, while outlining progress toward its proposed combination with Qorvo and a revised capital allocation strategy for the combined company. For the June quarter, Skyworks generated revenue of $935 million and non-GAAP diluted earnings per share of $1.08, which Chief Executive Officer and President Phil Brace said was $0.05 above the midpoint of the company's outlook. Revenue from mobile represented 57% of sales, while broad markets accounted for 43%. Chief Financial Officer and Senior Vice President Philip Carter said Skyworks' largest customer represented approximately 57% of total revenue during the quarter. Mobile results were supported by healthy sell-through at that customer and new product ramps at Skyworks' largest Android customer, he said. Qorvo transaction advances. Brace said regulatory reviews of Skyworks' planned Qorvo combination were continuing to progress. In China, the review has advanced to phase three with the State Administration for Market Regulation, or SAMR, which Brace described during the question-and-answer session as the final stage of that process. The company is working with regulators in the remaining jurisdictions and is now optimistic that the transaction can close within calendar 2026. Skyworks is preparing for a closing as early as its current fiscal year, although Brace noted that the deal remains subject to regulatory approvals and customary closing conditions. In preparation for a potentially earlier closing, Skyworks anticipates raising approximately $2 billion in debt financing in the near term, subject to market and other conditions. Carter said the company ended the June quarter with approximately $814 million in cash and investments and $497 million in debt, after retiring $500 million of notes that matured during the period. Skyworks also announced the expected leadership team for the combined company. Carter is expected to serve as chief financial officer, while Qorvo President and CEO Bob Bruggeworth is expected to join the combined company's board of directors. Brace said the company's integration planning remains on track and that management continues to expect at least $500 million in synergies. Dividend discontinued as buyback program expands. The board approved a new capital allocation framework for the combined company that emphasizes stock repurchases, debt reduction and strategic acquisitions. As part of the change, Skyworks will no longer declare a quarterly dividend. Discover more Premium Stock Reports Stock Market News Space Stocks Report The company replaced a repurchase authorization that had been scheduled to expire in February 2027 with a new $2 billion share repurchase program expiring in January 2029. Brace said the new approach is intended to provide greater flexibility and direct capital toward what management considers higher-return uses. "We determined that we would allocate that capital towards both share repurchases, de-levering the balance sheet, and strategic opportunistic M&A," Brace said in response to an analyst question about ending the dividend. He added that the company is focused first on closing and integrating the Qorvo transaction. Over the longer term, management expects diversification-oriented acquisitions to remain part of its strategy, while maintaining discipline around returns and potential accretion. Broad markets growth offset by consumer softness. Broad markets revenue was approximately $403 million, up 8% from a year earlier. Skyworks said its Wi-Fi, data center and automotive businesses represented nearly two-thirds of broad markets revenue and collectively grew 15% year over year. Brace said demand in those growth areas is running ahead of the company's available supply. AI data center was the company's fastest-growing business and was tracking ahead of the more than 50% annual growth rate discussed in the prior quarter, despite supply constraints. The company cited demand for high-speed connectivity, precision timing and advanced power-delivery products as data centers move toward higher data rates and higher-density architectures. Wi-Fi 7 adoption continued, while the company said it is collaborating with customers on Wi-Fi 8. In automotive, Skyworks cited demand tied to connected vehicles and infotainment systems, as well as engagements with global automakers and tier-one suppliers on multiyear vehicle platforms. However, Brace said strength in the growth engines was partly offset by softness in more consumer-exposed areas of the broad markets business, including consumer IoT-related devices. September-quarter outlook. For the fiscal fourth quarter, Skyworks forecast revenue of $1.01 billion to $1.06 billion. At the midpoint of $1.035 billion, the company expects non-GAAP diluted earnings per share of $1.27, based on an estimated 152 million diluted shares. * Mobile revenue is expected to increase sequentially in the high-teens percentage range, supported by seasonal product launches at Skyworks' largest customer. * Broad markets revenue is expected to grow approximately 5% year over year and represent about 39% of total sales. * Gross margin is expected to be between 44% and 45%, reflecting a seasonal shift toward mobile and continued input-cost pressure. * Operating expenses are expected to range from $235 million to $245 million. During the June quarter, gross margin was approximately 45%, while operating income was $182 million, or a 19.4% operating margin. Carter said rising input costs remained a headwind and are expected to persist into the September quarter. The company is pursuing cost reductions and selective price increases, primarily in broad markets, where products can have longer lifecycles and more pricing flexibility. Brace said mobile demand signals remain stable, channel inventories are lean, and the company's guidance reflects its current view of customer demand and inventory conditions. Looking further ahead, he said Skyworks sees increasing RF complexity from higher uplink demands, expanded receive paths, satellite connectivity and other changes that could support higher RF content in devices over time. About Skyworks Solutions (NASDAQ:SWKS). 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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Skyworks Solutions, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skyworks Solutions wasn't on the list. While Skyworks Solutions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.

Skyworks Solutions introduces new synchronizers. Features include IEEE 1588 Precision Time Protocol support July 23, 2026 Chipmaker Skyworks Solutions has introduced the SKY6911x/2x family of NetSync network synchronizers for AI data center and other time-sensitive, high-speed communications infrastructure (Nasdaq: SWKS). The synchronization features include IEEE 1588 Precision Time Protocol support, ITU-T compliant Synchronous Ethernet wander filtering, and the ability to lock to GNSS receiver clock outputs, the Irvine-based company said in a statement today. Shares in Skyworks fell 4.5% to $60.33 apiece for a market cap of $9.1 billion. Want more from the best local business newspaper in the country? Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox! One-Year for Only $99 * Weekly in-depth coverage in print and digital formats * Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts * The annual Book of Lists: Orange County's top companies across every industry Tech reporter at Orange County Business Journal