Piper Sandler analyst Harsh Kumar maintained a Hold rating on Skyworks Solutions (SWKS – Research Report) today and set a price target of $70.00. The company’s shares closed yesterday at $66.88.
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According to TipRanks, Kumar is a top 100 analyst with an average return of 25.7% and a 63.36% success rate. Kumar covers the Technology sector, focusing on stocks such as Nvidia, Semtech, and IMPINJ.
In addition to Piper Sandler, Skyworks Solutions also received a Hold from Needham’s Nick Doyle in a report issued today. However, on the same day, Barclays maintained a Sell rating on Skyworks Solutions (NASDAQ: SWKS).
Based on Skyworks Solutions’ latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $1.07 billion and a net profit of $162 million. In comparison, last year the company earned a revenue of $1.2 billion and had a net profit of $231.3 million
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SWKS in relation to earlier this year. Most recently, in February 2025, Philip Brace, the CEO & President of SWKS bought 10,000.00 shares for a total of $661,300.00.
Read More on SWKS:
- SCHD ETF News, 5/8/2025
- Cautious Hold on Skyworks Solutions Amid Strong Performance and Uncertainties
- Skyworks price target raised to $52 from $45 at Barclays
- Hold Recommendation for Skyworks Solutions Amid Mixed Market Signals and Strategic Challenges
- Skyworks Solutions Reports Strong Q2 2025 Results