Analyst Consensus ?
ConsensusBuy58 ratings
Bullish3458.6%
Neutral2237.9%
Bearish23.5%
1 unmapped firm rating excluded from the percentages.
Skyworks Solutions, Inc. · SWKS · FY2026 Q2 · Calendar Q2 2026
Skyworks Beats Q2 Estimates, Secures $1B Android Design Win
Skyworks delivered a Q2 FY2026 beat with revenue of $943.7 million and EPS of $1.15, driven by strong mobile execution and 30% year-over-year broad-market growth. The standout development is a multigenerational Android OEM design win exceeding $1 billion through 2030, which materially expands revenue diversification beyond the company's largest customer. Despite the beat, the stock fell 10.5% in the session following the report before subsequently recovering over 23%. Management maintained a confident tone and reaffirmed its Q3 revenue outlook of $900-$950 million while advancing the pending Qorvo merger toward a late-2026 close with $500 million-plus in targeted synergies.
Reported After market closeNASDAQTechnology
$9.40B market cap
100quality score
Company context
Snapshot as of publicationSkyworks Solutions, Inc., together with its subsidiaries, develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific. The company offers amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, wireless ASoC, DC/DC converters, demodulators, detectors, digital power isolators, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, and optocouplers/optoisolators.…
Earnings scorecard
Reported versus consensus
Reported EPS
$1.15
Consensus $1
EPS surprise
+10.6%
Reported versus consensus
Reported revenue
$943.7M
Consensus $901.8M
Revenue surprise
+4.7%
Reported versus consensus
Earnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$62.28Current
$46Low
$126.19Average
$380High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Jul 31, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Jul 29, 2026 |
| TD Cowen | Hold | Hold | Maintain | Jul 29, 2026 |
| Stifel | Hold | Hold | Maintain | Jul 29, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Jul 29, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jul 29, 2026 |
| Mizuho | Underperform | Underperform | Maintain | Jul 29, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 29, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Jul 29, 2026 |
| Keybanc | Overweight | Downgrade | Jul 14, 2026 | |
| Barclays | Overweight | Equal Weight | Upgrade | Apr 22, 2026 |
| Benchmark | Hold | Hold | Maintain | Feb 4, 2026 |
| B. Riley Securities | Neutral | Neutral | Maintain | Jan 26, 2026 |
| Susquehanna | Neutral | Neutral | Maintain | Jan 22, 2026 |
| Piper Sandler | Overweight | Neutral | Upgrade | Oct 29, 2025 |
| Needham | Hold | Hold | Maintain | May 8, 2025 |
| Rosenblatt | Neutral | Buy | Downgrade | Feb 6, 2025 |
| Goldman Sachs | Neutral | Neutral | Maintain | Feb 6, 2025 |
| B of A Securities | Underperform | Underperform | Maintain | Feb 6, 2025 |
| Craig-Hallum | Buy | Buy | Maintain | Nov 13, 2024 |
| Baird | Neutral | Neutral | Maintain | Jul 31, 2024 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | May 9, 2024 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | May 1, 2024 |
| Summit Insights Group | Hold | Buy | Downgrade | Nov 3, 2023 |
| Exane BNP Paribas | Neutral | Outperform | Downgrade | Sep 20, 2023 |
| Argus Research | Buy | Buy | Maintain | May 10, 2023 |
| BMO Capital | Market Perform | Outperform | Downgrade | May 9, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Feb 7, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Feb 7, 2023 |
| Raymond James | Outperform | Outperform | Maintain | Nov 4, 2022 |
| Cascend | Buy | Buy | Maintain | Feb 12, 2021 |
| B. Riley FBR | Buy | Buy | Maintain | Jan 29, 2021 |
| Charter Equity | Market Outperform | Market Perform | Upgrade | May 5, 2020 |
| Canaccord Genuity | Buy | Buy | Maintain | Apr 14, 2020 |
| Loop Capital | Buy | Buy | Maintain | Jan 24, 2020 |
| Bank of America | Buy | Underperform | Upgrade | Dec 9, 2019 |
| B. Riley | Buy | Buy | Maintain | Nov 1, 2019 |
| PiperJaffray | Overweight | Overweight | Maintain | Jun 5, 2019 |
| Macquarie | Neutral | Outperform | Downgrade | Apr 17, 2019 |
| Oppenheimer | Market Perform | Outperform | Downgrade | Jan 7, 2019 |
| Nomura | Neutral | Buy | Downgrade | Jan 4, 2019 |
| Standpoint Research | Buy | Hold | Upgrade | Feb 27, 2018 |
| Instinet | Buy | Buy | Maintain | Sep 6, 2017 |
| Argus | Buy | Buy | Maintain | Jul 6, 2017 |
| Pacific Crest | Overweight | Sector Weight | Upgrade | Apr 4, 2017 |
| CLSA | Outperform | Underperform | Upgrade | Aug 9, 2016 |
| Chardan Capital | Buy | Buy | Maintain | Feb 1, 2016 |
| Drexel Hamilton | Buy | Buy | Maintain | Oct 20, 2015 |
| Topeka Capital | Buy | Buy | Maintain | Oct 6, 2015 |
| Topeka | Buy | Buy | Maintain | Oct 6, 2015 |
| MKM Partners | Buy | Buy | Maintain | Jul 24, 2015 |
| Stephens & Co. | Overweight | Equal Weight | Upgrade | Jul 13, 2015 |
| Brean Capital | Buy | Buy | Maintain | Apr 2, 2015 |
| JMP Securities | Market Outperform | Market Outperform | Maintain | Dec 15, 2014 |
| Sterne Agee | Buy | Buy | Maintain | Nov 10, 2014 |
| DA Davidson | Buy | Buy | Maintain | Nov 7, 2014 |
| Ascendiant Capital | Buy | Buy | Maintain | Nov 7, 2014 |
| Tigress Financial | Buy | Strong Buy | Downgrade | Jul 24, 2014 |
| Lazard | Buy | Buy | Maintain | Oct 5, 2012 |
| Deutsche Bank | Buy | Buy | Maintain | Jul 19, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $62.28. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Srini Pajjuri | $70 | $60.29 | +12.4% | Jul 29, 2026 |
| Morgan Stanley | Analyst unavailable | $72 | $60.3 | +15.6% | Jul 29, 2026 |
| Mizuho Securities | Analyst unavailable | $52 | $64.68 | -16.5% | Jul 29, 2026 |
| Stifel Nicolaus | Analyst unavailable | $70 | $64.68 | +12.4% | Jul 29, 2026 |
| UBS | Analyst unavailable | $70 | $64.68 | +12.4% | Jul 29, 2026 |
| Morgan Stanley | Analyst unavailable | $65 | $64.68 | +4.4% | Jul 29, 2026 |
| RBC Capital | Srini Pajjuri | $80 | $74.33 | +28.5% | Jun 23, 2026 |
| UBS | Timothy Arcuri | $75 | $63.58 | +20.4% | May 6, 2026 |
| Craig-Hallum | Anthony Stoss | $85 | $64.56 | +36.5% | May 6, 2026 |
| Morgan Stanley | Analyst unavailable | $76 | $62.12 | +22.0% | May 6, 2026 |
| RBC Capital | Srini Pajjuri | $72 | $72.56 | +15.6% | May 6, 2026 |
| Mizuho Securities | Analyst unavailable | $55 | $72.56 | -11.7% | May 6, 2026 |
| Stifel Nicolaus | Analyst unavailable | $75 | $72.56 | +20.4% | May 6, 2026 |
| KeyBanc | John Vinh | $85 | $72.56 | +36.5% | May 6, 2026 |
| Mizuho Securities | Vijay Rakesh | $46 | $58.99 | -26.1% | Apr 20, 2026 |
| Loop Capital Markets | Analyst unavailable | $75 | $57.98 | +20.4% | Feb 4, 2026 |
| Stifel Nicolaus | Analyst unavailable | $65 | $56.76 | +4.4% | Feb 4, 2026 |
| Loop Capital Markets | Analyst unavailable | $65 | $55.93 | +4.4% | Feb 4, 2026 |
| UBS | Timothy Arcuri | $58 | $55.93 | -6.9% | Feb 4, 2026 |
| Morgan Stanley | Analyst unavailable | $68 | $55.95 | +9.2% | Feb 2, 2026 |
| Mizuho Securities | Analyst unavailable | $60 | $58.96 | -3.7% | Jan 26, 2026 |
| Susquehanna | Analyst unavailable | $65 | $58.55 | +4.4% | Jan 22, 2026 |
| UBS | Analyst unavailable | $63 | $57.76 | +1.2% | Jan 20, 2026 |
| Barclays | Tom O'Malley | $60 | $59.86 | -3.7% | Jan 15, 2026 |
| RBC Capital | Srini Pajjuri | $65 | $59.86 | +4.4% | Jan 14, 2026 |
| Mizuho Securities | Analyst unavailable | $65 | $60.66 | +4.4% | Jan 9, 2026 |
| Stifel Nicolaus | Ruben Roy | $72 | $74.25 | +15.6% | Nov 5, 2025 |
| UBS | Analyst unavailable | $80 | $71.99 | +28.5% | Nov 5, 2025 |
| UBS | Analyst unavailable | $85 | $80.26 | +36.5% | Oct 29, 2025 |
| Morgan Stanley | Joseph Moore | $89 | $80.26 | +42.9% | Oct 29, 2025 |
| Piper Sandler | Analyst unavailable | $140 | $80.26 | +124.8% | Oct 29, 2025 |
| Barclays | Tom O'Malley | $88 | $80.26 | +41.3% | Oct 29, 2025 |
| KeyBanc | John Vinh | $105 | $80.26 | +68.6% | Oct 29, 2025 |
| CFRA | Angelo Zino | $90 | $82.32 | +44.5% | Oct 28, 2025 |
| Piper Sandler | Harsh Kumar | $85 | $102.03 | +36.5% | Nov 13, 2024 |
| Mizuho Securities | Vijay Rakesh | $105 | $102.03 | +68.6% | Nov 13, 2024 |
| Loop Capital Markets | Gary Mobley | $90 | $87.98 | +44.5% | Nov 11, 2024 |
| Barclays | Tom O'Malley | $87 | $97.8 | +39.7% | Oct 10, 2024 |
| Stifel Nicolaus | Ruben Roy | $125 | $117.69 | +100.7% | Jul 31, 2024 |
| Robert W. Baird | Tristan Gerra | $108 | $117.69 | +73.4% | Jul 31, 2024 |
| Piper Sandler | Harsh Kumar | $115 | $117.69 | +84.6% | Jul 31, 2024 |
| Barclays | Tom O'Malley | $115 | $117.41 | +84.6% | Jul 30, 2024 |
| B.Riley Financial | Craig Ellis | $130 | $106.93 | +108.7% | Jun 20, 2024 |
| Rosenblatt Securities | Kevin Cassidy | $120 | $92.4 | +92.7% | May 1, 2024 |
| Mizuho Securities | Vijay Rakesh | $115 | $92.08 | +84.6% | May 1, 2024 |
| Barclays | Tom O'Malley | $85 | $106.59 | +36.5% | May 1, 2024 |
| Loop Capital Markets | John Vinh | $130 | $98.54 | +108.7% | May 9, 2023 |
| Mizuho Securities | Vijay Rakesh | $100 | $105.24 | +60.6% | May 9, 2023 |
| Susquehanna | Christopher Rolland | $135 | $113.95 | +116.8% | Mar 16, 2023 |
| Citigroup | Analyst unavailable | $117 | $121.06 | +87.9% | Feb 8, 2023 |
| Needham | Rajvindra Gill | $140 | $122.34 | +124.8% | Feb 7, 2023 |
| Craig-Hallum | Analyst unavailable | $130 | $119.05 | +108.7% | Feb 7, 2023 |
| Wells Fargo | Analyst unavailable | $110 | $119.04 | +76.6% | Feb 7, 2023 |
| J.P. Morgan | Analyst unavailable | $120 | $118.01 | +92.7% | Feb 7, 2023 |
| Morgan Stanley | Analyst unavailable | $114 | $117.94 | +83.0% | Feb 7, 2023 |
| Cowen & Co. | Analyst unavailable | $135 | $109.28 | +116.8% | Feb 7, 2023 |
| Susquehanna | Analyst unavailable | $110 | $109.28 | +76.6% | Feb 7, 2023 |
| Credit Suisse | Analyst unavailable | $135 | $109.28 | +116.8% | Feb 7, 2023 |
| Piper Sandler | Analyst unavailable | $120 | $109.28 | +92.7% | Feb 7, 2023 |
| Credit Suisse | Analyst unavailable | $125 | $96.54 | +100.7% | Nov 16, 2022 |
| J.P. Morgan | Bill Peterson | $95 | $87.93 | +52.5% | Nov 4, 2022 |
| KeyBanc | John Vinh | $120 | $87.93 | +92.7% | Nov 4, 2022 |
| Piper Sandler | Harsh Kumar | $110 | $82.34 | +76.6% | Nov 3, 2022 |
| Goldman Sachs | Toshiya Hari | $97 | $105.14 | +55.7% | Jul 27, 2022 |
| Mizuho Securities | Vijay Rakesh | $150 | $91.12 | +140.8% | Jul 1, 2022 |
| Morgan Stanley | Analyst unavailable | $123 | $107.18 | +97.5% | May 4, 2022 |
| Wells Fargo | Analyst unavailable | $160 | $103.42 | +156.9% | May 4, 2022 |
| Rosenblatt Securities | Analyst unavailable | $190 | $119.47 | +205.1% | May 4, 2022 |
| Piper Sandler | Harsh Kumar | $145 | $119.47 | +132.8% | May 3, 2022 |
| Morgan Stanley | Analyst unavailable | $130 | $118.51 | +108.7% | May 2, 2022 |
| Morgan Stanley | Joseph Moore | $130 | $118.51 | +108.7% | May 2, 2022 |
| Barclays | Blayne Curtis | $140 | $117.65 | +124.8% | Apr 29, 2022 |
| Mizuho Securities | Vijay Rakesh | $175 | $115.1 | +181.0% | Apr 24, 2022 |
| KeyBanc | Weston Twigg | $225 | $127.54 | +261.3% | Mar 13, 2022 |
| Cowen & Co. | Karl Ackerman | $175 | $134.54 | +181.0% | Feb 4, 2022 |
| Morgan Stanley | Craig Hettenbach | $173 | $134.54 | +177.8% | Feb 4, 2022 |
| Benchmark Co. | Cody Acree | $190 | $134.54 | +205.1% | Feb 4, 2022 |
| BMO Capital | Ambrish Srivastava | $185 | $134.54 | +197.0% | Feb 4, 2022 |
| Rosenblatt Securities | Kevin Cassidy | $240 | $137.97 | +285.4% | Feb 3, 2022 |
| Robert W. Baird | Tristan Gerra | $140 | $137.97 | +124.8% | Feb 3, 2022 |
| Wells Fargo | Gary Mobley | $230 | $151.99 | +269.3% | Jan 13, 2022 |
| Needham | Rajvindra Gill | $255 | $162.82 | +309.4% | Nov 5, 2021 |
| Credit Suisse | John Pitzer | $380 | $182.55 | +510.1% | Jul 30, 2021 |
| Westpark Capital | Ruben Roy | $220 | $188.46 | +253.2% | Jul 15, 2021 |
| Piper Sandler | Weston Twigg | $225 | $188.44 | +261.3% | Jul 6, 2021 |
| Craig-Hallum | Anthony Stoss | $220 | $178.86 | +253.2% | Apr 30, 2021 |
Track every rating change on SWKS the moment it posts. Free to start.
Start freeMarket reaction
event-close to next-session close
Stock move
-10.5%
Event window
SPY move
+1.4%
Same window
Abnormal move
-11.9%
Stock minus SPY
Volume
3.1×
Versus trailing sessions
Subsequent drift
+23.0%
Up to 20 sessions
SWKSSPY benchmark
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Try FN2 freeTranscript intelligence
What changed
Revenue of $943.7 million exceeded the $901.8 million consensus estimate by 4.65%, and EPS of $1.15 beat the $1.04 estimate by 10.58%. Both metrics topped the high end of company guidance. Broad-market segments — Wi-Fi, data center, and automotive — grew 30% year-over-year. The company unveiled new BAW filters for 6G FR3 spectrum, RF front-ends above 7 GHz, and clock buffers for data center and PCIe Gen 7 applications. Management reaffirmed its Q3 revenue outlook of $900-$950 million. The stock declined 10.5% in the session following the report before subsequently recovering over 23%.
Guidance delta
Management maintained its guidance sentiment, reaffirming the Q3 revenue outlook of $900-$950 million, which implies a modest sequential decline from Q2 but stable margins. The prior quarter had guided Q2 revenue to $875-$925 million, which was exceeded. Capex outlook was not addressed this quarter.
Key takeaways
- Revenue of $943.7 million and EPS of $1.15 both beat consensus estimates and the high end of company guidance.
- A multigenerational Android OEM design win worth over $1 billion through 2030 significantly expands revenue diversification.
- Broad-market segments — Wi-Fi, data center, and automotive — delivered 30% year-over-year growth.
- The Qorvo merger is progressing through Phase II regulatory review in China, with an expected late-2026 close and $500 million-plus in targeted synergies.
- Q3 revenue outlook of $900-$950 million implies a modest sequential decline but stable margins and continued growth drivers.
Management priorities
- Complete the Qorvo merger and capture $500 million-plus in synergies with a late-2026 close.
- Advance BAW filter and RF front-end products for 6G and higher-frequency applications.
- Drive Wi-Fi 8 product development and early customer collaborations.
- Expand clock buffer offerings for data center and PCIe Gen 7 markets.
- Grow automotive connectivity programs with tier-1 suppliers.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-07-31T19:11:40.594107+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-07-31T19:11:40.591086+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.