SWKS
Skyworks Solutions, Inc.
September 15, 2026 · market open
- Rarity
- 1.84
- Peak move
- +13.80%
- Float cap
- $11.7B
Skyworks Solutions, Inc. develops, manufactures, and supplies analog and mixed-signal semiconductor products and solutions for wireless connectivity. Its portfolio supports cellular 5G, Wi-Fi, GPS, Bluetooth, and other protocols used in smartphones, automotive, broadband, connected home, industrial, medical, aerospace, and defense applications. The company sells worldwide to original equipment manufacturers, smartphone providers, and baseband reference design partners.
Where do you see this going?
no votes yetVoting closed at 4:00 PM ET.
What we found
13 events · 2 from SEC or newswire · 0 timed with the moveanalyst_ratingBNP Paribas analyst Karl Ackerman noted the ~$22 billion Skyworks-Qorvo merger still requires approval from the FTC, China's SAMR and South Korea's KFTC, with $500M annual cost synergies expected over 24-36 months and mobile business growth seen at low-to-mid single digits in 2026.
- Key event
acquisition_acquirerSkyworks CEO Phil Brace said the $22 billion Qorvo merger cleared HSR/FTC waiting periods and secured debt financing, is in its final stages with only two jurisdictions remaining, and should close within the calendar or fiscal year.
- Key event
buybackSkyworks' board authorized a new $2 billion share repurchase program expiring January 2029, replacing a prior authorization due to expire in February 2027, and said it will discontinue the quarterly dividend.
dividend_changeSkyworks said it will stop declaring quarterly dividends and redirect that capital to higher-return uses such as buybacks, after Q3 free cash flow fell to negative $16.7 million and non-GAAP gross margin compressed 220 basis points to 44.9%; the payout had carried a yield near 4.75%.
- Key event
earnings_releaseSkyworks reported fiscal Q3 revenue of $935 million and non-GAAP diluted EPS of $1.08, each above the midpoint of guidance; mobile was 57% of revenue, Broad Markets 43% and up 8% year over year, with Wi-Fi, data center and automotive together up 15%.
executive_remarkSkyworks CEO Phil Brace said at the Goldman Sachs Communacopia + Technology Conference that the $22B Qorvo merger is in its final stages, with HSR and FTC waiting periods expired and debt financing complete, expected to close within the calendar year or as early as the fiscal year, targeting $500M in cost synergies over 24-36 months.
executive_remarkAt the Goldman Sachs Communacopia + Technology Conference, CEO Phil Brace said Skyworks' data-center business is growing over 50% year over year, is supply constrained with book-to-bill above one, and touted a generation-long Android design win worth roughly $1B running through 2030.
debt_financingSkyworks completed and is preparing roughly $2 billion of acquisition debt financing for the Qorvo merger, with over 90% of Qorvo bondholders approving exchange offers and the exchange offer deadline extended to mid-September 2026.
investigative_reportShareholder-rights law firm Halper Sadeh LLC announced an investigation into potential breaches of fiduciary duty by Skyworks officers and directors related to the Qorvo transaction and harm to shareholders.
product_launchApple held its fall product launch, introducing its first foldable smartphone and a new flagship iPhone, raising expectations for higher radio-frequency component content per device among RF suppliers such as Skyworks.
analyst_ratingKeyBanc reaffirmed an Underweight rating on Apple ahead of its Sept 9 launch event, flagging that iPhone pricing would be the likely disappointment point, with RF suppliers Qualcomm, Skyworks and Qorvo the most directly affected supply-chain names.
analyst_ratingRBC Capital Markets cut its price target on Skyworks Solutions to $70 from $80 while maintaining a sector-perform rating, calling the pending Qorvo acquisition favorable and saying shares are likely to trade on core fundamentals until the deal closes.
analyst_ratingBofA Securities cut its price target on Skyworks to $65 from $70 while keeping an Underperform rating, citing execution risk on the Qorvo integration, and revised FY2026 pro-forma EPS +4% and FY2027 -4% after the company suspended its dividend for a $2 billion buyback.