Joseph Moore Maintains Hold on Skyworks as Solid Execution Offsets Margin Pressures and Limits Upside

In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on Skyworks Solutions, with a price target of $76.00.

Joseph Moore has given his Hold rating due to a combination of factors that balance solid execution with lingering constraints on upside. Skyworks is performing well in a challenging smartphone market, helped by resilient premium-tier demand at Apple and expectations for a typical second-half seasonal pattern rather than a deterioration in mobile demand.

At the same time, near-term margin pressure from higher input costs is limiting profit expansion, even as management pursues pricing actions, cost controls, and manufacturing optimization. While broad markets such as Wi‑Fi, automotive, and data center are growing steadily and a sizable Android design win plus the Qorvo transaction support the long-term story, these positives only justify modest upside to his price target, leading him to maintain an Equal-weight (Hold) stance.

Moore covers the Technology sector, focusing on stocks such as Nvidia, Micron, and ON Semiconductor. According to TipRanks, Moore has an average return of 23.2% and a 62.19% success rate on recommended stocks.

In another report released today, TD Cowen also assigned a Hold rating to the stock with a $75.00 price target.