Skyworks Solutions stock gets a USD 95 price target
Published on 10/04/2026 at 19:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Skyworks Solutions stock (ISIN US83088M1027) closed at USD 85.03 on Nasdaq on October 2, 2026, up 2.25 percent from the prior close. The immediate catalyst is Royal Bank of Canada's new USD 95 price target, which followed the company's regulatory progress on its Qorvo combination.
RBC lifts target to USD 95
According to MarketBeat on October 1, 2026, Royal Bank of Canada raised its Skyworks target from USD 70 to USD 95 and retained a Sector Perform rating. The new target lies 11.72 percent above the October 2 reference price of USD 85.03.
The broader consensus remains more cautious. MarketBeat lists a Hold consensus from 24 analysts, with four Buy ratings, 18 Hold ratings and two Sell ratings, alongside an average target of USD 75.32. That average sits 11.42 percent below the October 2 price.
Qorvo close sets the next test
Skyworks Solutions said on September 30, 2026, that it had received all necessary regulatory clearances for the proposed combination with Qorvo. The companies expect to close the transaction on or about October 5, 2026, subject to satisfaction or waiver of customary closing conditions.
The financing structure adds a measurable execution point. Skyworks said the related exchange offers cover up to USD 850 million of new 4.375 percent senior notes due 2029 and up to USD 700 million of new 3.375 percent senior notes due 2031, while the exchanges remain conditioned on the merger closing.
Quarterly beat meets lower revenue
In fiscal third-quarter 2026, Skyworks delivered adjusted EPS of USD 1.08 against USD 1.03 consensus, a USD 0.05 beat, while revenue reached USD 934.8 million versus USD 925.97 million expected, according to MarketBeat. Revenue still declined 3.1 percent from the comparable quarter, leaving the merger's promised scale benefits as a central issue for the stock.
Stock remains below yearly high
Skyworks Solutions stock traded between USD 82.08 and USD 86.53 on October 2, 2026, with volume of 8,733,618 shares. Its 52-week range was USD 51.93 to USD 92.80, and the market capitalization stood at USD 12.8 billion on the same date.
Skyworks Solutions stock at a glance
- Company: Skyworks Solutions, Inc.
- ISIN: US83088M1027
- Ticker: SWKS
- Trading venue: Nasdaq Global Select Market
- Price (as of October 2, 2026): Closing price USD 85.03
- Market capitalization: USD 12.8 billion (as of October 2, 2026)
- 52-week range: USD 51.93-92.80 (as of October 2, 2026)
- Sector / Industry: Technology / Semiconductors
Upcoming dates for Skyworks Solutions stock
- October 5, 2026: Proposed Qorvo merger closing target, subject to customary conditions
