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NASDAQ:SWKS 28 October 2025 - 26 January 2026

Skyworks Soars 18% on $22B Qorvo Merger – What’s Next for the Chipmaker?

Skyworks Soars 18% on $22B Qorvo Merger – What’s Next for the Chipmaker?

Skyworks shares jumped nearly 18% to around $89 on Oct. 28 after announcing a $22 billion cash-and-stock deal to acquire Qorvo. Qorvo holders will receive $32.50 and 0.96 Skyworks shares per Qorvo share. Skyworks recently reported Q3 revenue of $965 million and non-GAAP EPS of $1.33, both above forecasts. Wall Street remains cautious, with an average 12-month target of $70.90.
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