With a market cap of $12.4 billion, Skyworks Solutions, Inc. (SWKS) is a semiconductor company that develops and manufactures analog and mixed-signal semiconductor products for industries such as automotive, aerospace, smartphones, medical devices, and wireless communications. It serves customers globally through direct sales, distributors, and independent representatives.
Shares of the Irvine, California-based company have outpaced the broader market over the past 52 weeks. SWKS stock has increased 19% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.2%. In addition, shares of the company have returned 30.6% on a YTD basis, compared to SPX's 10.3% gain.
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Looking closer, shares of the chipmaker have outperformed the State Street Technology Select Sector SPDR ETF's (XLK) 18.6% return over the past 52 weeks.
www.barchart.com Skyworks shares fell 2.9% following its Q4 2026 results on Nov. 3 as its weaker-than-expected Q1 2027 guidance highlighted persistent softness in its core smartphone business, despite Q4 2026 revenue of $1.05 billion slightly exceeding the analyst estimate. The company forecast Q1 revenue of $1.80 billion - $1.90 billion, below the consensus, and adjusted EPS of $1.25, well short of the estimate, while expecting smartphone revenue to decline by a low-teens percentage sequentially due to seasonal trends and weakness in the premium Android market.
For the fiscal year ending in September 2027, analysts expect SWKS' EPS to rise 2.2% year-over-year to $3.78. However, the company's earnings surprise history is strong. It beat the consensus estimates in each of the last four quarters.
Among the 25 analysts covering the stock, the consensus rating is a “Hold.” That’s based on three “Strong Buy” ratings, 19 “Holds,” one “Moderate Sell,” and two “Strong Sells.”
www.barchart.com This configuration is slightly more bullish than three months ago, with two analysts suggesting a "Strong Buy."
On Nov. 4, RBC Capital cut its Skyworks price target to $80 while maintaining a "Sector Perform" rating
As of writing, the stock is trading above the mean price target of $80.17. The Street-high price target of $107, implying a potential upside of 29.2% from the current price levels.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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