Upside case
Bull case
$140+92.6%
SWKS would need investors to value it at roughly 28x earnings — about 13x more generous than today's 15x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Skyworks Solutions, Inc. (SWKS) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
60
analysts
36 bullish · 2 bearish · 60 covering SWKS
Strong Buy
0
Buy
36
Hold
22
Sell
2
Strong Sell
0
Consensus Target
$72
-0.2% vs today
Scenario Range
$67 – $140
Model bear to bull value window
Coverage
60
Published analyst ratings
Valuation Context
14.5x
Forward P/E · Market cap $10.9B
SWKS price targets
Three scenarios for where SWKS stock could go
Current
~$72
Confidence
50 / 100
Updated
Jun 18, 2026
Where we are now
Current · $72
Bear
$67
Base
$106
Bull
$140
Market caseClosest to today
Base case
$106+46.2%
At 21x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$67-7.9%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push SWKS down roughly 8% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Skyworks Solutions, Inc.
SWKS · NASDAQTechnologySemiconductorsOctober year-end
Skyworks Solutions is a semiconductor company that designs and manufactures specialized analog chips for wireless connectivity. It generates revenue primarily from selling radio frequency (RF) components — including amplifiers, filters, and front-end modules — to smartphone makers (roughly 70% of sales) and other electronics manufacturers. The company's moat comes from its deep expertise in analog RF design and strong relationships with major smartphone OEMs like Apple.
Market Cap
$10.9B
Revenue TTM
$4.0B
Net Income TTM
$361M
Net Margin
8.9%
SWKS Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
92%Exceptional
12 quarters tracked
Revenue Beat Rate
75%Exceptional
vs consensus estimates
Avg EPS Surprise
+5.2%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$1.33/$1.24
Revenue
$965M/$1.0B
Q4 2025
EPS
$1.76/$1.52
Revenue
$1.1B/$1.0B
Q1 2026
EPS
$1.54/$1.40
Revenue
$1.0B/$1.0B
Q2 2026
EPS
$1.15/$1.04
Revenue
$944M/$902M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.33/$1.24 | +7.3% | $965M/$1.0B | -4.9% |
| Q4 2025 | $1.76/$1.52 | +15.8% | $1.1B/$1.0B | +5.6% |
| Q1 2026 | $1.54/$1.40 | +10.0% | $1.0B/$1.0B | +3.4% |
| Q2 2026 | $1.15/$1.04 | +10.6% | $944M/$902M | +4.7% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.1B
+0.2% YoY
FY2
$4.1B
+0.7% YoY
EPS Outlook
FY1
$3.86
+61.1% YoY
FY2
$4.41
+14.1% YoY
Trailing FCF (TTM)$697M
FCF Margin: 17.2%
Next Earnings
August 4, 2026
Expected EPS
$1.03
Expected Revenue
$926M
SWKS beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
SWKS Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $4.1B
Product Mix
Latest annual revenue by segment or product family
Segment breakdown not available for this company.
Geographic Mix
Latest annual revenue by reported region
UNITED STATES
77.2%
-1.4% YoY
Tap, hover, or focus a slice to inspect segment detail.
UNITED STATES is the largest reported region at 77.2%, down 1.4% YoY.
SWKS Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $247 — implies +241.3% from today's price.
Upside to Fair Value
241.3%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
SWKS
23.5x
vs
S&P 500
24.4x
In line with benchmark
vs Technology Trailing P/E
SWKS
23.5x
vs
Technology
29.0x
19% discount
vs SWKS 5Y Avg P/E
Today
23.5x
vs
5Y Average
19.4x
+21% premium
Forward PE
14.5x
S&P 500
18.8x
-23%
Technology
22.3x
-35%
5Y Avg
—
—
Trailing PE
23.5x
S&P 500
24.4x
-4%
Technology
29.0x
-19%
5Y Avg
19.4x
+21%
PEG Ratio
—
S&P 500
1.66x
—
Technology
1.51x
—
5Y Avg
—
—
EV/EBITDA
11.4x
S&P 500
15.2x
-25%
Technology
16.6x
-32%
5Y Avg
11.5x
-2%
Price/FCF
9.9x
S&P 500
20.7x
-52%
Technology
19.2x
-49%
5Y Avg
14.0x
-29%
Price/Sales
2.7x
S&P 500
3.1x
-14%
Technology
2.4x
+9%
5Y Avg
3.6x
-26%
Dividend Yield
3.85%
S&P 500
1.91%
+101%
Technology
1.11%
+248%
5Y Avg
2.57%
+50%
| Metric | SWKS | S&P 500 | Technology | 5Y Avg SWKS |
|---|---|---|---|---|
| Forward PE | 14.5x | 18.8x-23% | 22.3x-35% | — |
| Trailing PE | 23.5x | 24.4x | 29.0x-19% | 19.4x+21% |
| PEG Ratio | — | 1.66x | 1.51x | — |
| EV/EBITDA | 11.4x | 15.2x-25% | 16.6x-32% | 11.5x |
| Price/FCF | 9.9x | 20.7x-52% | 19.2x-49% | 14.0x-29% |
| Price/Sales | 2.7x | 3.1x-14% | 2.4x | 3.6x-26% |
| Dividend Yield | 3.85% | 1.91% | 1.11% | 2.57% |
SWKS trades above S&P 500 benchmarks on 0 of 5 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolSWKS Financial Health
Verdict
Strong
SWKS generates $697M in free cash flow at a 17.2% margin — returns 4.3% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$4.0B
Revenue Growth
TTM vs prior year
+2.3%
Gross Margin
Gross profit as a share of revenue
41.1%
Operating Margin
Operating income divided by revenue
9.4%
Net Margin
Net income divided by revenue
8.9%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$2.40
Free Cash Flow (TTM)
Cash generation after capex
$697M
FCF Margin
FCF as share of revenue — the primary cash quality signal
17.2%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
6.3%
ROA
Return on assets, trailing twelve months
4.6%
Cash & Equivalents
Liquid assets on the balance sheet
$1.2B
Net Debt
Total debt minus cash
$42M
Debt Serviceability
Net debt as a multiple of annual free cash flow
0.1× FCF
~0.1 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
6.3%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
4.3%
Dividend
3.8%
Buyback
0.4%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$44M
Dividend / Share
Annualized trailing dividend per share
$2.79
Payout Ratio
Share of earnings distributed as dividends
90.7%
Shares Outstanding
Declining as buybacks retire shares
150M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageSWKS Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Stock price decline
SWKS stock experienced a notable 5.5% drop on June 10, 2026, indicating potential investor concerns or negative sentiment.
Medium
Market sentiment
AI analysis of fundamental data assigns a 63% Hold Score, suggesting limited upside potential and balanced risk/reward.
Medium
Competitive pressure
As a semiconductor company, Skyworks faces intense competition in AI infrastructure and electric vehicle sectors, which could impact margins.
Lower
Operational focus
The company's broad focus on diverse markets (smartphones, smart cars, etc.) may dilute resource allocation and execution risks.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why SWKS Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Attractive valuation metrics
Skyworks has a trailing P/E of 17.78 and forward P/E of 12.44, indicating potential undervaluation relative to earnings growth.
Wireless connectivity demand
The company is well-positioned to benefit from growing global demand for ubiquitous, always-on wireless connectivity solutions.
Cutting-edge semiconductor technology
Skyworks continues to develop new and featured products, staying at the forefront of semiconductor innovation.
Strong analyst bullish thesis
Multiple sources reference a detailed bullish investment thesis on Substack highlighting the company's potential.
Comprehensive equity research coverage
Full research reports with valuation models and recommendations are available, supporting investment decisions.
AI-powered productivity tools
The company is developing AI solutions like presentation assistants that could create new revenue streams.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
SWKS Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$72.45
52W Range Position
53%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$51.92
+39.5% from the low
52-Week High
$90.90
-20.3% from the high
1 Month
+2.99%
3 Month
+35.22%
YTD
+12.5%
1 Year
+1.2%
3Y CAGR
-12.3%
5Y CAGR
-15.5%
10Y CAGR
+0.9%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
SWKS vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
14.5x
vs 35.4x median
-59% below peer median
Revenue Growth
+0.2%
vs +12.7% median
-98% below peer median
Net Margin
8.9%
vs 22.3% median
-60% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
SWK SWKS Skyworks Solutions, Inc. | $10.9B | 14.5x | +0.2% | 8.9% | Buy | -0.2% |
QRV QRVO Qorvo, Inc. | $9.1B | 15.1x | +2.2% | 9.2% | Hold | -9.7% |
AVG AVGO Broadcom Inc. | $1.96T | 35.5x | +19.9% | 42.2% | Buy | +21.1% |
ADI ADI Analog Devices, Inc. | $211.6B | 35.4x | +12.7% | 26.0% | Buy | +2.3% |
MPW MPWR Monolithic Power Systems, Inc. | $76.8B | 65.2x | +21.3% | 22.1% | Buy | +3.3% |
QCO QCOM QUALCOMM Incorporated | $238.3B | 21.1x | +4.6% | 22.3% | Hold | -15.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
SWKS Dividend and Capital Return
SWKS returns 4.3% total yield, led by a 3.85% dividend, raised 12 consecutive years.
Dividend At RiskFCF Adequate
Total Shareholder Yield
4.3%
Dividend + buyback return per year
Buyback Yield
0.4%
Dividend Yield
3.85%
Payout Ratio
90.7%
How SWKS Splits Its Return
Div 3.85%
Dividend 3.85%Buybacks 0.4%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$2.79
Growth Streak
Consecutive years of dividend increases
12Y
3Y Div CAGR
6.1%
5Y Div CAGR
8.4%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$44M
Estimated Shares Retired
612.8K
Approx. Share Reduction
0.4%
Shares Outstanding
Current diluted share count from the screening snapshot
150M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.42 | — | — | — |
| 2025 | $2.82 | +2.2% | 0.4% | 4.0% |
| 2024 | $2.76 | +6.2% | 0.7% | 3.5% |
| 2023 | $2.60 | +10.2% | 1.3% | 3.9% |
| 2022 | $2.36 | +11.3% | 7.0% | 9.7% |
FAQ
7 questionsSWKS Investor Questions
Common questions answered from live analyst data and company financials.
01Is Skyworks Solutions, Inc. (SWKS) stock a buy or sell in 2026?
Skyworks Solutions, Inc. (SWKS) is rated Buy by Wall Street analysts as of 2026. Of 60 analysts covering the stock, 36 rate it Buy or Strong Buy, 22 rate it Hold, and 2 rate it Sell or Strong Sell. The consensus 12-month price target is $72, implying -0.2% from the current price of $72. The bear case scenario is $67 and the bull case is $140.
02What is the SWKS stock price target for 2026?
The Wall Street consensus price target for SWKS is $72 based on 60 analyst estimates. The high-end target is $85 (+17.3% from today), and the low-end target is $55 (-24.1%). The base case model target is $106.
03Is Skyworks Solutions, Inc. (SWKS) stock overvalued in 2026?
SWKS trades at 14.5x times forward earnings. The stock's valuation is broadly in line with the broader market. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Skyworks Solutions, Inc. (SWKS) stock in 2026?
The primary risks for SWKS in 2026 are: (1) Stock price decline — SWKS stock experienced a notable 5. (2) Market sentiment — AI analysis of fundamental data assigns a 63% Hold Score, suggesting limited upside potential and balanced risk/reward. (3) Competitive pressure — As a semiconductor company, Skyworks faces intense competition in AI infrastructure and electric vehicle sectors, which could impact margins. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Skyworks Solutions, Inc.'s revenue and earnings forecast?
Analyst consensus estimates SWKS will report consensus revenue of $4.1B (+0.2% year-over-year) and EPS of $3.86 (+61.1% year-over-year) for the upcoming fiscal year. The following year, analysts project $4.1B in revenue.
06When does Skyworks Solutions, Inc. (SWKS) report its next earnings?
Skyworks Solutions, Inc. is expected to report its next earnings on approximately 2026-08-04. Consensus expects EPS of $1.03 and revenue of $926M. Over recent quarters, SWKS has beaten EPS estimates 92% of the time.
07How much free cash flow does Skyworks Solutions, Inc. generate?
Skyworks Solutions, Inc. (SWKS) generated $697M in free cash flow over the trailing twelve months — a free cash flow margin of 17.2%. SWKS returns capital to shareholders through dividends (3.8% yield) and share repurchases ($44M TTM).