Skyworks Solutions (SWKS) shares have declined 32.8% in a year, underperforming the Zacks Computer & Technology sector. The company faces challenges due to a difficult macroeconomic environment, inventory digestion, and tariff uncertainties. However, an expanding portfolio is a positive sign for future growth. At CES 2026, Skyworks introduced the industry’s first highly integrated Wi-SUN/LoRaWAN RF front-end modules, catering to smart home and smart city applications, offering improved performance and simplified connectivity. Skyworks’ automotive-grade solutions, including V2X Front-end Modules and Notch Filters, are designed for next-gen GNSS receiver applications.
Skyworks is experiencing robust demand in Mobile and Broad Markets, driven by customer demand and new AI-driven Android products in Mobile Markets, and growth in edge IoT, automotive, and infrastructure sectors in Broad Markets. The company offers a wide range of radio and analog solutions, holds around 5000 worldwide patents, and specializes in passive devices and advanced integration technologies.
The Zacks Consensus Estimate for Skyworks’ first-quarter fiscal 2026 net sales is $998.1 million, with a year-over-year decrease of 6.6%. The consensus mark for first-quarter earnings is $1.41 per share, showing a year-over-year decrease of 11.9%. For fiscal 2026, the net sales estimate is $3.63 billion, with a year-over-year decrease of 11.2%, and earnings estimate of $4.46 per share, showing a year-over-year decrease of 24.8%. Skyworks currently holds a Zacks Rank #3 (Hold), while top-ranked stocks in the sector include Micron Technology (MU), Ciena (CIEN), and NVIDIA (NVDA).
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Read more at Nasdaq: Can an Expanding Portfolio Help Skyworks’ Shares Recover in 2026?