Skyworks Solutions (SWKS)
NASDAQ:SWKS
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Skyworks Solutions
(NASDAQ:SWKS)
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Rating:64Neutral
Price Target:
$57.00
▲(0.60% Upside)
Action:ReiteratedDate:02/12/26
The score is driven mainly by solid cash generation and a manageable balance sheet, offset by a clear deterioration in revenue/margins versus prior years. Technicals remain mixed with the stock below key longer-term moving averages, while valuation is supported by a strong dividend but constrained by a mid-20s P/E. The latest call was balanced: strong execution and Broad Markets momentum, but weaker near-term mobile guidance and concentration/supply/pricing risks.
Positive Factors
Cash Generation
Consistent TTM operating cash flow and sizable free cash flow provide durable internal funding for dividends, R&D, capital expenditures, and M&A. Cash conversion (~84% of net income) supports financial flexibility across semiconductor cycles and cushions near-term revenue volatility.
Negative Factors
Revenue & Margin Deterioration
Material decline in revenue and compression of margins versus prior years signals weaker end-market demand and pricing/mix headwinds. Lower ROE (~8% TTM) and falling profitability reduce earnings power and could pressure cash flow and reinvestment capacity if the trend persists across multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Consistent TTM operating cash flow and sizable free cash flow provide durable internal funding for dividends, R&D, capital expenditures, and M&A. Cash conversion (~84% of net income) supports financial flexibility across semiconductor cycles and cushions near-term revenue volatility.
Read all positive factors
Skyworks Solutions (SWKS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$8.52B
Dividend Yield4.37%
Average Volume (3M)3.09M
Price to Earnings (P/E)30.4
Beta (1Y)1.51
Revenue Growth-2.18%
EPS Growth-16.84%
CountryUS
Employees10,100
SectorTechnology
Sector Strength88
IndustrySemiconductors
Share Statistics
EPS (TTM)1.54
Shares Outstanding150,373,610
10 Day Avg. Volume3,278,348
30 Day Avg. Volume3,089,716
Financial Highlights & Ratios
PEG Ratio-1.47
Price to Book (P/B)2.07
Price to Sales (P/S)2.91
P/FCF Ratio10.77
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue1.90
Enterprise Value/Gross Profit4.62
Enterprise Value/Ebitda8.23
Forecast
1Y Price Target
$63.85Price Target Upside12.69% Upside
Rating ConsensusHold
Number of Analyst Covering16
EPS Forecast (FY)4.7
Revenue Forecast (FY)$3.76B
Skyworks Solutions Business Overview & Revenue Model
Company Description
Skyworks Solutions, Inc., together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products, including intellectual property in the United States, China, South Korea, Taiwan, Europe, the Middle East, A...
How the Company Makes Money
Skyworks makes money primarily by selling semiconductor products (RF and related analog/mixed-signal components) that are designed into customers’ devices and systems. Revenue is largely generated from (1) mobile business: supplying RF front-end m...
Skyworks Solutions Key Performance Indicators (KPIs)
Any
Revenue by Geography
Breaks down revenue across different regions, revealing where Skyworks Solutions is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Breaks down revenue across different regions, revealing where Skyworks Solutions is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Data provided by:
The Fly
The FlySkyworks Solutions Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:May 05, 2026
Earnings Call Sentiment Positive
The call conveyed solid near‑term operating performance (a revenue and EPS beat, strong free cash flow, robust Broad Markets growth, and encouraging design‑win activity) and reiterated a constructive long‑term strategic vision via the announced combination and synergy targets. Near‑term headwinds include pronounced seasonality in mobile (guidance implies ~20% sequential decline), a QoQ margin decline (~160 bps guided), customer concentration, supply constraints and potential pricing/mix risks, and regulatory uncertainty around the transaction. On balance the company demonstrated strong execution and cash generation while acknowledging typical seasonal and structural risks.Positive Updates
Beat Guidance & Strong Financial Results
Revenue of $1.035B (reported as $1.04B in prepared remarks), non-GAAP EPS of $1.54 (+$0.14 vs midpoint), gross profit $482M with 46.6% gross margin, operating income $252M (24.3% operating margin), net income $232M. Generated $396M operating cash flow and $339M free cash flow (33% FCF margin). Paid $106M in quarterly dividends and ended the quarter with ~$1.6B cash/investments vs $1.0B debt.
Negative Updates
Customer Concentration
Top customer accounted for ~67% of revenue; mobile comprised ~62% of sales — indicating high customer and end‑market concentration and corresponding revenue risk.
Read all updates
Q1-2026 Updates
Positive
Negative
Beat Guidance & Strong Financial Results
Revenue of $1.035B (reported as $1.04B in prepared remarks), non-GAAP EPS of $1.54 (+$0.14 vs midpoint), gross profit $482M with 46.6% gross margin, operating income $252M (24.3% operating margin), net income $232M. Generated $396M operating cash flow and $339M free cash flow (33% FCF margin). Paid $106M in quarterly dividends and ended the quarter with ~$1.6B cash/investments vs $1.0B debt.
Read all positive updates
Company Guidance
Skyworks guided March-quarter revenue of $875 million to $925 million (midpoint $900 million), with mobile expected to decline ~20% sequentially and broad markets flat sequentially (making up ~44% of sales and up high-single-digits year‑over‑year); gross margin is forecast at ~44.5%–45.5%, operating expenses $230 million–$240 million, other income about $4 million, an effective tax rate of 10% and ~151 million diluted shares outstanding, which at the midpoint implies diluted EPS of $1.40.Skyworks Solutions Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.05B | 4.09B | 4.18B | 4.77B | 5.49B | 5.11B |
| Gross Profit | 1.67B | 1.68B | 1.72B | 2.11B | 2.60B | 2.51B |
| EBITDA | 937.10M | 1.02B | 1.12B | 1.76B | 2.21B | 2.05B |
| Net Income | 394.30M | 477.10M | 596.00M | 982.80M | 1.28B | 1.50B |
Balance Sheet | ||||||
| Total Assets | 7.87B | 7.92B | 8.28B | 8.43B | 8.87B | 8.59B |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 1.37B | 1.56B | 734.40M | 586.30M | 1.02B |
| Total Debt | 1.19B | 1.20B | 1.20B | 1.51B | 2.41B | 2.41B |
| Total Liabilities | 2.11B | 2.16B | 1.95B | 2.34B | 3.40B | 3.29B |
| Stockholders Equity | 5.76B | 5.76B | 6.34B | 6.08B | 5.47B | 5.30B |
Cash Flow | ||||||
| Free Cash Flow | 1.09B | 1.11B | 1.67B | 1.62B | 914.90M | 1.12B |
| Operating Cash Flow | 1.32B | 1.30B | 1.82B | 1.86B | 1.42B | 1.77B |
| Investing Cash Flow | -102.50M | -234.00M | -355.90M | -224.40M | -378.90M | -3.13B |
| Financing Cash Flow | -1.27B | -1.27B | -819.00M | -1.48B | -1.36B | 1.68B |
Skyworks Solutions Technical Analysis
Neutral
56.66
Price Trends
57.58
Negative
61.35
Negative
66.90
Negative
Market Momentum
-0.87
Negative
51.72
Neutral
79.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SWKS, the sentiment is Neutral. The current price of 56.66 is above the 20-day moving average (MA) of 55.64, below the 50-day MA of 57.58, and below the 200-day MA of 66.90, indicating a neutral trend. The MACD of -0.87 indicates Negative momentum. The RSI at 51.72 is Neutral, neither overbought nor oversold. The STOCH value of 79.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SWKS.
Skyworks Solutions Risk Analysis
Skyworks Solutions disclosed 32 risk factors in its most recent earnings report. Skyworks Solutions reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Skyworks Solutions Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $12.98B | 3,496.18 | 0.44% | ― | -12.03% | -80.99% | |
66 Neutral | $17.59B | 54.25 | 6.12% | 0.47% | 0.59% | 25.65% | |
66 Neutral | $17.14B | 67.11 | 12.60% | ― | 32.58% | -173.04% | |
65 Neutral | $9.86B | 42.96 | 18.29% | ― | 31.05% | 30.35% | |
64 Neutral | $8.52B | 30.39 | 6.83% | 4.37% | -2.18% | -16.84% | |
64 Neutral | $7.47B | 12.18 | 9.71% | ― | -7.22% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
SWKS
Skyworks Solutions
53.65
-7.79
-12.68%
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RMBS
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QRVO
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8.18%
Skyworks Solutions Corporate Events
Business Operations and StrategyM&A TransactionsShareholder Meetings
Skyworks Shareholders Approve Stock Issuance for Qorvo Merger
Positive
Feb 11, 2026
At a special meeting of stockholders held on February 11, 2026, Skyworks Solutions’ shareholders approved the issuance of Skyworks common stock required to complete its planned merger transaction with Qorvo under the October 27, 2025 Agreeme...
Legal ProceedingsM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings
Skyworks Issues Supplemental Disclosures Amid Qorvo Merger Lawsuits
Negative
Jan 30, 2026
On October 27, 2025, Skyworks Solutions signed a merger agreement to acquire fellow RF and semiconductor manufacturer Qorvo through a two-step merger structure that will ultimately make Qorvo a wholly owned Skyworks subsidiary, and the companies a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.