Skyworks Solutions (SWKS)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
$74.02+3.52%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-09-04
Broken: Primary pillar broken — Non-GAAP EPS of $1.03 in June quarter: EPS $1.08 vs $1.03 target.
Skyworks keeps beating earnings estimates with EPS above $1.15 recently. Revenue guidance for the June quarter is steady near $925 million. The company maintains a stable dividend of $0.71 per share. The Qorvo acquisition may accelerate growth and market share.
Skyworks cut its EPS guidance for the June quarter to $1.03, signaling near-term weakness. The stock has sold off sharply, down 28% from its high. Revenue growth is expected to be slow at about 1.6% next year. Management remains volatile, raising execution risk.
The price is about 48% below our fair value near $119, reflecting cautious market views. Analysts expect only 1.6% revenue growth next year, which aligns with the recent guidance cut. Our fair value is well above the Street median, showing some optimism versus consensus.
Breaks if: failure to secure or loss of major Android OEM design win by 2030
Breaks if: dividend falls below $0.71 per share
EPS falls below $1.03 in 2026-Q2
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on growth in key segments like Broad Markets and Android OEM design wins. The current thesis state is intact, supported by recent strong financial performance and management priorities.
The market currently prices SWKS as justified, with a valuation that is cheap compared to peers. There is a slight expectations gap, indicating that while the stock is not overly expensive, the market is cautious about future performance.
Fundamentals are likely to remain strong, driven by robust earnings quality and ongoing management focus on growth initiatives. However, there is elevated risk due to potential volatility in management execution and recent trends in earnings surprises.
The thesis hinges on several key factors, including the outcome of the merger with Qorvo, the ability to secure design wins in the Android market, and broader tech sector performance influenced by major players like NVDA and TSM. Additionally, changes in Federal Reserve interest rates could significantly impact the stock's trajectory.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the thesis. However, concerns about the Qorvo merger execution could hinder growth objectives. Additionally, the revenue guidance for the June quarter may impact expectations.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: revenue falls below $900 million or above $950 million in 2026-Q2
Overall, the outlook for SWKS over the next 1 to 3 years appears stable, contingent on successful execution of management priorities and favorable market conditions. Not investment advice.