Irvine, California-based Skyworks Solutions, Inc. (SWKS) designs, develops, manufactures, and markets proprietary semiconductor products in the United States and internationally. With a market cap of $10.8 billion, the company has designed its product portfolio around two markets: cellular handsets and analog semiconductors.

Companies worth $10 billion or more are typically referred to as "large-cap stocks." SWKS fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the semiconductor industry. Its diversified product portfolio spans across 5G, IoT, automotive, and industrial applications, reducing reliance on any single segment. Skyworks also maintains robust R&D capabilities, enabling it to deliver high-performance, energy-efficient solutions. Its fab-lite manufacturing model supports cost efficiency and scalability, while a strong balance sheet allows for continued investment in innovation and strategic acquisitions.

However, the company is currently trading 40.3% below its 52-week high of $120.86 met on Jul. 16. SWKS shares have grown 5.5% over the past three months, outperforming the broader Dow Jones Industrial Average’s ($DOWI) marginal rise during the same time frame.

SWKS shares have declined 18.7% year-to-date, underperforming the Dow Jones Industrial Average’s marginal pullback during the same period. Moreover, over the past 12 months, SWKS has also declined 31.8%, lagging behind the Dow’s 7.9% gain.

SWKS shares have been trading below their 200-day moving average since early September and above their 50-day moving average since late April.

Skyworks shares grew 1.3% on May 7 after releasing its Q2 earnings. The company reported revenue of $953.2 million, a 9% decline year-over-year, but slightly exceeded analyst expectations. The company posted non-GAAP earnings of $1.24 per share, surpassing the consensus estimates but down from $1.55 in the same quarter last year. Looking ahead, the company expects third-quarter revenue between $920 million and $960 million.

Its peer, NXP Semiconductors N.V. (NXPI), has grown marginally in 2025 and has declined 21% over the past year, outperforming the stock.

Among the 24 analysts covering the SWKS stock, the consensus rating is a “Hold.” The mean price target of $67.75 currently sits below SWKS’ current price levels.