Skyworks Solutions stock fell 1.96 percent as Qorvo date shifts

Published on 09/29/2026 at 08:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Skyworks Solutions stock was last at USD 87.59 on Nasdaq on September 28, 2026, 5.61 percent below its 52-week high. Skyworks extended the Qorvo note exchange deadline to October 2, 2026.

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Skyworks Solutions (US83088M1027) stock was last at USD 87.59 on Nasdaq on September 28, 2026 at 4:00 p.m. ET, down 1.96 percent from the prior close. The company extended the expiration and withdrawal deadline for its Qorvo note exchange to October 2, 2026, according to StockTitan on September 25, 2026.

Qorvo transaction reaches a key date

The exchange offer is tied to Skyworks' planned USD 22.0 billion combination with Qorvo. As of September 25, 2026, holders had tendered 91.68 percent of Qorvo's 2029 notes and 93.33 percent of its 2031 notes, according to StockTitan.

Management has outlined USD 500 million in expected cost synergies over 24 to 36 months. At a September 10, 2026 conference presentation, Skyworks described a combined revenue base of USD 8.0 billion to USD 8.1 billion and a targeted operating margin of 30 percent to 35 percent, as reported by Investing.com.

Quarterly beat meets weaker growth

For fiscal Q3 2026, Skyworks generated revenue of USD 934.8 million and adjusted EPS of USD 1.08. Zacks reported that revenue topped consensus of USD 925.91 million by 0.96 percent and adjusted EPS exceeded consensus of USD 1.03 by 4.85 percent. The comparison is less favorable year over year: revenue fell 3.1 percent and adjusted EPS declined 18.8 percent.

Skyworks guided fiscal Q4 2026 revenue to USD 1.01 billion to USD 1.06 billion and adjusted EPS to USD 1.27, according to Zacks. The figures leave the merger timeline and the consumer-chip recovery as the two main variables for the shares.

Stock stays below yearly high

Skyworks stock was 5.61 percent below its 52-week high of USD 92.80 on September 28, 2026. The USD 13.2 billion market capitalization and the analyst consensus Hold rating with a USD 74.00 average target frame the valuation debate; the price stood 18.36 percent above that target, according to MarketBeat.