Skyworks Solutions stock reflects USD 22 billion Qorvo merger

Skyworks Solutions stock traded at USD 90.61 on Nasdaq on September 23, 2026, at 3:03 p.m. ET, giving the company a market capitalization of USD 13,634,338,777. The price was 2.36 percent below its 52-week high of USD 92.80, keeping the planned Qorvo combination at the center of the investment case.

Qorvo deal targets USD 500 million

Skyworks and Qorvo are pursuing a transaction designed to create a USD 22 billion U.S.-based supplier of high-performance radio-frequency, analog and mixed-signal products. Skyworks said on September 1, 2026, that it extended the expiration date for exchange offers on Qorvo notes to September 11, 2026.

The transaction case rests on measurable operating targets. Simply Wall St reported on September 23, 2026, that the planned merger targets at least USD 500 million in cost synergies over 24 to 36 months, alongside long-term gross margins of 50 percent to 55 percent and operating margins of 30 percent to 35 percent.

Revenue beats while growth contracts

Skyworks generated USD 934.80 million in the quarter reported on July 28, 2026, versus analyst expectations of USD 925.97 million. Adjusted EPS reached USD 1.08, exceeding the USD 1.03 consensus by USD 0.05, while revenue declined 3.1 percent year over year, according to MarketBeat.

That combination creates a clear split in the numbers. Skyworks is beating near-term estimates, yet the 3.1 percent revenue decline and prior-year EPS of USD 1.33 show why merger execution and the promised synergies matter for the longer-term earnings profile.

Stock stays near yearly high

Skyworks Solutions stock stood at USD 90.61 on Nasdaq on September 23, 2026, with a 52-week range of USD 51.93 to USD 92.80. The 2.36 percent gap to the upper end of that range links the market valuation directly to expectations for the Qorvo transaction, rather than to a fresh acceleration in reported revenue.