New York, January 25, 2026, 20:48 EST — The market has closed.
- Shares of Skyworks slipped 1.2%, ending Friday at $58.96.
- On Sunday, Mizuho’s Vijay Rakesh maintained a Hold rating with a $60 price target.
- Attention shifts to Skyworks’ results on Feb. 3 and developments surrounding its upcoming Qorvo merger.
Shares of Skyworks Solutions fell 1.2% to close at $58.96 on Friday, keeping the Apple supplier near the lower edge of its recent trading range as it heads into Monday’s session.
Friday’s sell-off came with heavier volume—around 5.0 million shares traded—but Skyworks still outpaced some chip rivals as Broadcom, Qualcomm, and Analog Devices dipped further. The stock sits roughly 37% below its 52-week peak, a gap that’s capped any rallies even when the broader market holds steady.
Over the weekend, Mizuho Securities analyst Vijay Rakesh stuck with a Hold rating on Skyworks, setting a $60 price target—just about where the stock closed on Friday.
A “price target” reflects a broker’s projection of a stock’s potential trading level down the line. A “Hold” rating signals neutrality—neither a strong buy nor a decisive sell recommendation.
Skyworks is set to report its fiscal first-quarter earnings after the market closes on Feb. 3, with a conference call scheduled for 4:30 p.m. EST.
Investors are keeping an eye on Skyworks’ move to acquire rival Qorvo in a cash-and-stock deal, aiming to form a bigger radio-frequency chip supplier for smartphones and other gadgets.
Qorvo plans to release its fiscal 2026 third-quarter earnings on Jan. 27, followed by a webcast that same day. The report could influence views on demand across key segments of the smartphone supply chain.
Skyworks faces a significant risk from its heavy reliance on Apple, with chip “content” shifts causing notable volatility. Fitch predicts Skyworks’ shipments to Apple will drop 20%-25% through fiscal 2026 due to a loss in iPhone-related content share. Fitch Ratings
Timing remains uncertain. The Qorvo deal still needs regulatory approvals and the typical closing hurdles. Any hold-ups might leave investors zeroed in on Skyworks’ standalone prospects.
Traders will watch closely to see if Friday’s surge in volume was just a blip or signals a shift in positioning. Coming up next, Qorvo is set to release results on Jan. 27, followed by Skyworks reporting earnings on Feb. 3.
