Based on ratings from 28 stock analysts, the Skyworks Solutions Inc stock price is expected to increase by 21.35% in 12 months. This is calculated by using the average 12-month stock price forecast for Skyworks Solutions Inc. The lowest target is $83 and the highest is $140. Please note analyst price targets are not guaranteed and could be missed completely.
Skyworks Solutions Inc has a total of 28 Wall St Analyst ratings. There are 22 buy ratings, 5 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Skyworks Solutions Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of SWKS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Anthony Stoss Craig-Hallum | Buy | $140 | Maintains | Jul 31, 2024 |
Quinn Bolton Needham | Hold | Reiterates | Jul 31, 2024 | |
Peter Peng JP Morgan | Neutral | $120 | Maintains | Jul 31, 2024 |
Kevin Cassidy Rosenblatt | Buy | $130 | Maintains | Jul 31, 2024 |
Vivek Arya B of A Securities | Underperform | $110 | Maintains | Jul 31, 2024 |
Ruben Roy Stifel | Buy | $125 | Maintains | Jul 31, 2024 |
Harsh Kumar Piper Sandler | Neutral | $115 | Reiterates | Jul 31, 2024 |
Christopher Rolland Susquehanna | Neutral | $125 | Maintains | Jul 31, 2024 |
Matthew Ramsay TD Cowen | Hold | $110 | Maintains | Jul 31, 2024 |
Tristan Gerra Baird | Neutral | $108 | Maintains | Jul 31, 2024 |
Blayne Curtis Barclays | Equal-Weight | $115 | Maintains | Jul 30, 2024 |
Christopher Rolland Susquehanna | Neutral | $125 | Maintains | Jul 17, 2024 |
Craig Ellis B. Riley Securities | Buy | $130 | Upgrade | Jun 20, 2024 |
Chris Caso Wolfe Research | Peer Perform | Downgrade | May 9, 2024 | |
Atif Malik Citigroup | Sell | $83 | Maintains | May 2, 2024 |
Gary Mobley Wells Fargo | Equal-Weight | $100 | Maintains | May 1, 2024 |
Harsh Kumar Piper Sandler | Neutral | $95 | Maintains | May 1, 2024 |
Kevin Cassidy Rosenblatt | Buy | $120 | Maintains | May 1, 2024 |
Ruben Roy Stifel | Buy | $112 | Maintains | May 1, 2024 |
Quinn Bolton Needham | Hold | Reiterates | May 1, 2024 |
When did it IPO
1984
Staff Count
9,750
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Liam K. Griffin
Market Cap
$15.47B
In 2023, SWKS generated $4.77B in revenue, which was a decrease of -13.00% from the previous year. This can be seen as a signal that SWKS's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Skyworks Solutions has a market cap of $15 billion, increased its dividend for 11 years with a 13.2% growth rate, and has grown revenue from $2.3 billion in FY 2014 to $4.8 billion in FY 2023.
Why It Matters - Skyworks Solutions' consistent dividend growth, strong revenue increase, and substantial market cap highlight its financial stability and potential for continued investment returns.
Summary - The Nasdaq 100 rose approximately 0.5% on Friday, with investor attention on significant insider trades.
Why It Matters - The Nasdaq 100's rise suggests market confidence, while insider trades can indicate potential stock movements, signaling trends that may impact future performance.
Summary - 5G deployment boosts prospects for semiconductor firms like Skyworks (SWKS) and Qorvo (QRVO) amid tough macroeconomic conditions.
Why It Matters - Accelerated 5G deployment boosts growth potential for semiconductor companies like Skyworks and Qorvo, signaling investment opportunities despite economic challenges.
Summary - The 4-factor dividend growth portfolio declined 0.27% in August, underperforming the S&P 500 by 2.69%. It has a CAGR of 24.79% since inception, outperforming SCHD by 13.10%.
Why It Matters - The 4-factor dividend growth portfolio's recent underperformance raises concerns, but its strong CAGR suggests potential for long-term growth, outperforming SCHD significantly.
Summary - Berkshire Hathaway sold a significant amount of Apple stock, surprising investors, following a 13% reduction in its stake in the first quarter.
Why It Matters - Berkshire Hathaway's significant sale of Apple stock signals a shift in investor sentiment and could impact Apple's market perception and stock performance.
Summary - Skyworks Solutions' Q3 revenue declined due to weak demand for automotive chips, leading to a nearly 5% drop in shares during extended trading.
Why It Matters - Skyworks Solutions' revenue drop signals weakening demand in the automotive chip market, potentially affecting future earnings and investor sentiment, reflected in a 5% share decline.