Skyworks Solutions crashes after offering up weak guidance following Qorvo deal (SWKS:NASDAQ)

Skyworks Solutions (SWKS) reported Q4 adjusted earnings of $1.28 per share, beating estimates, but revenue fell 4.8% to $1.046B. The company's Q1 forecast, including Qorvo, was below expectations, raising concerns about smartphone market weakness and integration challenges. Analysts lowered price targets and maintained neutral ratings.

Skyworks Solutions (SWKS) reported a weaker-than-expected forecast for Q1, including results from its recent Qorvo acquisition, citing smartphone market weakness and integration challenges. Analysts expressed concerns, and shares fell 7% on Wednesday.

Skyworks Solutions (SWKS) fell 10% to $76.90 today, a day after reporting Q4 results. Earnings beat estimates at $1.28 per share on $1.05bn revenue, but guidance was weak. Shares are down 15.9% from 52-week high, up 23.8% YTD. Analysts' price targets range from $90 to $107.

Skyworks Solutions (SWKS) shares fell 7.9% after reporting Q3 revenue of $1.05B and EPS of $1.28, with Q4 guidance below estimates due to Android market softness and merger integration. The company guided Q4 revenue of $1.85B and EPS of $1.25, citing a 7% sequential decline. Shares later recovered to $81.47, down 4.6%.

Skyworks (SWKS) reported Q4 2026 revenue of $1.05B, exceeding guidance, with EPS of $1.28. Smartphone demand was strong, while broad markets grew 9% YoY. Input costs remain a challenge, but the company is taking mitigation steps. Pro forma combined revenue with Qorvo was $1.98B. The company expects cost synergies and growth in diversified markets like AI, defense, and automotive.

Mizuho reduced its price target for Skyworks Solutions (NASDAQ:SWKS) to $58 from $61, citing smartphone market challenges. The company reported September quarter revenue of $1.05 billion and EPS of $1.28, in line with estimates. Skyworks guided December quarter revenue to $1.85 billion, below consensus, and expects smartphone revenue to decline. Gross margin is guided up to 47%. The stock has a 37% YTD return and a 3.3% dividend yield. Other analysts have mixed views on the stock.