What's Going On With Skyworks Solutions Stock Thursday?

Skyworks Solutions, Inc. SWKS stock is trading lower on Thursday after the company reported 2025 fiscal-year first-quarter earnings and issued second-quarter guidance below estimates.

What To Know: Skyworks reported adjusted earnings per share of $1.60, beating analysts estimate of $1.57. In addition, the company reported sales of $1.068 billion, beating analysts estimate of $1.066 billion.

Furthermore, Skyworks reported $377 million in operating cash flow, representing a 35% margin, and $338 million in free cash flow at a 32% margin.

“Skyworks started the new fiscal year with solid results, growing revenue 4% sequentially and surpassing the midpoint of our guidance,” said Liam K. Griffin, CEO and president of Skyworks. “We have observed consistent improvement in demand indicators within Broad Markets, while we have successfully supported multiple new product launches in Mobile.”

The company issued guidance for the 2025 fiscal-year second-quarter. It anticipates adjusted earnings per share of $1.20, versus analysts estimate of $1.22, and revenue between $935 million and $965 million, versus analysts estimate of $949.04 million.

Analyst Changes: Following the earnings report, multiple analysts issued price target adjustments.

• Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating on Skyworks and lowered the price target from $87 to $72.
• Piper Sandler analyst Harsh Kumar maintained a Neutral rating on Skyworks and lowered the price target from $85 to $70.
• Rosenblatt analyst Kevin Cassidy downgraded Skyworks from a Buy rating to a Neutral rating and lowered the price target from $120 to $80.

Related Link: Top Wall Street Forecasters Revamp Amazon Price Expectations Ahead Of Q4 Earnings

SWKS Price Action: At the time of publication, Skyworks stock is trading 24.1% lower at $66.06, according to data from Benzinga Pro.

Image: This illustration was generated using artificial intelligence via Midjourney.