Mizuho Raises Skyworks Solutions (SWKS) Price Target to $61

Mizuho has reiterated its Underperform rating on Skyworks Solutions, Inc. (SWKS) as of October 9, 2026. The firm set a new price target of $61.0, raising it from the previous target of $52.0.

Skyworks shares are currently trading around $80.22, which is about 31.5% above Mizuho's price target. This rating places Mizuho in contrast to other analysts who have recently updated their views on the stock. For instance, BMO Capital initiated coverage with a Market Perform rating and a target of $70.0 on August 21, while RBC Capital maintained a Sector Perform rating with a target of $95.0 on October 1.

Other Institutional Activity in Skyworks Solutions

Several institutional investors have adjusted their positions in Skyworks. Blackrock Inc. reduced its stake by 1,165,760 shares, ending with 30,256,332 shares worth about $2.41 billion. Pzena Investment Management LLC also trimmed its holdings by 132,086 shares, now holding 15,975,963 shares valued at approximately $1.27 billion. Vanguard Portfolio Management LLC decreased its position by 1,879,722 shares, bringing its total to 13,797,690 shares worth about $1.10 billion. Meanwhile, State Street Corporation increased its holdings by 580,111 shares, ending with 12,516,551 shares valued at around $997.6 million.

Skyworks Solutions, Inc. Stock Down 9.6%

Skyworks Solutions shares are positioned above Mizuho's new price target of $61.0, trading recently at $80.22. This price is significantly above the 52-week low, suggesting a strong market performance despite the Underperform rating from Mizuho.

Recent Earnings

Skyworks Solutions reported trailing twelve-month revenue of approximately $4.01 billion, with a net margin of 7.2% and a return on equity of 5.1%. The company experienced a revenue decline of 3.1% year-over-year. It will announce its next earnings on November 3, 2026.

Insider Buying and Selling at Skyworks Solutions, Inc.

Insider transactions show that Robert John Terry, the General Counsel, sold 4,945 shares valued at about $307,982 on November 19, 2025. Chief Technology Officer Reza Kasnavi also sold 7,332 shares worth approximately $456,519 on the same date.

Analysts Set New Price Targets

On October 9, 2026, Mizuho maintained its Underperform rating on Skyworks Solutions with a price target of $61.0, up from $52.0. Earlier, on October 6, 2026, Citigroup held its Neutral rating with a target of $90.0, and B. Riley Securities upgraded its rating to Buy with a target of $107.0. The consensus among analysts suggests a cautious outlook for the stock.

About Skyworks Solutions

Skyworks Solutions, Inc. develops and manufactures analog and mixed-signal semiconductor products. The company is based in Irvine, California, and serves markets across the globe, including the U.S., Europe, and Asia. This context is important as it positions Skyworks within a competitive technology sector, which is currently facing various market pressures.

Bottom Line

Investors should keep an eye on Skyworks Solutions as it approaches its next earnings date on November 3, 2026. The stock's performance against analyst ratings and targets will be crucial in the coming weeks.