Skyworks Solutions stock gains as index exit and merger talk reshape sentiment
Article excerpt
Skyworks Solutions stock (ISIN US83088M1027) is trading close to its 52-week high after a sharp recent rally, with the shares up 6.7% on September 18, 2026 and posting a 35.4% gain over the past month while investors digest both an index removal and ongoing merger discussions with Qorvo. According to MarketBeat on September 18, 2026, Skyworks Solutions carries a consensus rating of Hold from 24 research firms, with 18 analysts recommending holding the shares, four rating them a buy and two assigning a sell recommendation. The same overview from MarketBeat reports an average 12-month price target of USD 74.00 for Skyworks Solutions, which is clearly below the roughly USD 91.00 level at which the stock recently opened, implying that the shares are trading well above the average analyst valuation. In its latest quarterly update cited by MarketBeat, Skyworks Solutions posted earnings per share of USD 1.08 and revenue of USD 934.8 million for the most recent quarter, beating earnings expectations but showing a 3.1 percent decline in revenue year over year. Per the price snapshot in the same consensus piece from MarketBeat, Skyworks Solutions shares opened at USD 91.32 on Nasdaq on a recent trading day and have traded between a 52-week low of USD 51.93 and a 52-week high of USD 92.30, placing the current level within about 1 percent of the yearly high. Data compiled by Trefis on...
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As Ad-hoc-news reports in a corporate news update referencing Traders Union, Skyworks Solutions has indicated that its planned merger with Qorvo is progressing toward completion in late September or early October 2026, subject to remaining regulatory approvals from China and Korea.
