Skyworks Solutions, Inc. (SWKS)

In the past six months, Skyworks' stock has been influenced by several events. Skyworks reported Q1 Fiscal 2025 results with revenue of $1.068 billion, surpassing guidance, and observed improvement in demand indicators within Broad Markets. Q1 CY2024 results showed a revenue decrease of 9.3% year-on-year, missing analysts' estimates, and a weak revenue guidance raised concerns. Skyworks delivered strong Q3 Fiscal 2025 earnings, exceeding guidance, with mobile revenue above seasonal trends and Broad Markets growth. The company increased its quarterly dividend to $0.71. Shares fell after a weak forecast from Texas Instruments. Skyworks expanded its Wi-Fi 7 portfolio. Analyst downgrades occurred due to weaker handset and auto demand. Preliminary Q4 Fiscal 2025 results exceeded expectations, and Skyworks announced a merger with Qorvo, Inc. valued at approximately $22 billion, expected to close in early 2027.

Skyworks Solutions experiences demand seasonality, particularly in its mobile segment. While Q3 fiscal 2025 saw above-seasonal mobile revenue, mid-single-digit sequential growth is anticipated for Q4 fiscal 2025. Historically, the mobile segment can experience mid-to-high teens sequential declines in certain quarters. Skyworks has observed consistent improvement in demand indicators within Broad Markets, with sequential and year-over-year growth for six consecutive quarters, and expects continued strength in bookings, backlog, and channel sell-through for Broad Markets.

Skyworks Solutions, Inc. (SWKS) is an American semiconductor company based in Irvine, California, specializing in analog and mixed-signal semiconductor products and solutions for wireless connectivity. Skyworks' product portfolio includes amplifiers, switches, radio co-processors, RF switches, power management chips, antennas, digital radios, and clock and timing devices, serving industries such as aerospace, automotive, broadband, and smartphones. Skyworks supplies RF chips for iPhones and its products are used by companies like Amazon, Apple Inc., and Samsung.

Skyworks Solutions has a global presence with facilities in Asia, Europe, and North America. The company distributes its products through a direct sales force, electronic component distributors, and independent sales representatives. Major markets served include the United States, China, South Korea, Europe, the Middle East, Africa, and the Asia-Pacific region.

Skyworks Solutions has focused on corporate responsibility initiatives, aiming to reduce Scope 1 and 2 CO2e emissions by 30% by 2030 for its factory operations. In 2022, the company achieved a 16% year-over-year rate reduction. Skyworks implements ISO 14001 certified environmental management systems. In 2023, improvements were reported in water use efficiency, hazardous waste generation rates, and emissions rate reductions. Stockholder engagement showed support for the company's sustainability journey.

As of Q2 2025, 335 institutional investors increased their positions in SWKS stock, while 402 decreased their positions. PZENA INVESTMENT MANAGEMENT LLC added 4,444,747 shares, and WELLINGTON MANAGEMENT GROUP LLP removed 2,700,497 shares. BLACKROCK, INC. also reduced its holdings by 2,590,309 shares. Upon the merger with Qorvo, Skyworks shareholders are expected to hold approximately 63% of the combined company.