Skyworks Solutions Inc

Skyworks Solutions Inc Stock Forecast & Price Prediction

Live Skyworks Solutions Inc Stock (SWKS) Price
$95.45

28

Ratings

  • Buy 22
  • Hold 5
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$95.45

P/E Ratio

20.01

Volume Traded Today

$1.2M

Dividend

$0.7

52 Week High/low

120.86/85.06

Skyworks Solutions Inc Market Cap

$15.47B

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SWKS Summary

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.

SWKS Analyst Ratings

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.

SWKS stock forecast by analyst

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

SWKS Company Information

What They Do: Develops and sells semiconductor products globally.

Business Model: Skyworks Solutions generates revenue by designing, manufacturing, and marketing a wide range of proprietary semiconductor products. These products are utilized across various industries including aerospace, automotive, and telecommunications, and are sold through direct sales, electronic component distributors, and independent sales representatives.

Other Information: Founded in 1962 and headquartered in Irvine, California, the company has a diverse product portfolio that caters to multiple markets such as medical, defense, and consumer electronics. Its global operations span major regions including the United States, Europe, and Asia-Pacific.
SWKS
Skyworks Solutions Inc (SWKS)

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

Skyworks Solutions Inc (SWKS) Financial Data

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

$3.36B

Revenue From 2021

$5.11B

52.25 %
From Previous Year

Revenue From 2022

$5.49B

7.37 %
From Previous Year

Revenue From 2023

$4.77B

-13.00 %
From Previous Year
  • Revenue TTM $4.37B
  • Operating Margin TTM 14.6%
  • Gross profit TTM $2.11B
  • Return on assets TTM 6.4%
  • Return on equity TTM 12.8%
  • Profit Margin 17.8%
  • Book Value Per Share 39.68%
  • Market capitalisation $15.47B
  • Revenue for 2021 $5.11B
  • Revenue for 2022 $5.49B
  • Revenue for 2023 $4.77B
  • EPS this year (TTM) $4.84

Skyworks Solutions Inc (SWKS) Latest News

News Image

Mon, 23 Sep 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Mon, 16 Sep 2024

Sentiment - NEGATIVE

Source - Benzinga

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.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 14 Aug 2024

Sentiment - NEGATIVE

Source - InvestorPlace

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.

News Image

Tue, 30 Jul 2024

Sentiment - NEGATIVE

Source - Reuters

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.

...

SWKS Frequently asked questions

The highest forecasted price for SWKS is $140 from at Benchmark.

The lowest forecasted price for SWKS is $83 from Atif Malik from Citigroup

The SWKS analyst ratings consensus are 22 buy ratings, 5 hold ratings, and 1 sell ratings.