Skyworks Solutions stock (US83088M1027): Legal & General cuts stake as Wall Street sticks with Hold consensus

Skyworks Solutions, a U.S.-based semiconductor designer listed on the Nasdaq under the ticker SWKS, drew investor attention on 06/01/2026 after a recent filing showed Legal & General Group Plc reduced its position in the stock, even as Wall Street research houses maintain a broadly neutral stance with a Hold consensus and an average 12?month price target close to the current U.S. trading level, according to MarketBeat data as of late May 2026.

The Legal & General transaction, highlighted in a 06/01/2026 note citing SEC disclosures, reported the sale of 77,460 Skyworks shares, signaling a portfolio adjustment by the large institutional investor rather than a confirmed strategic shift at the company itself, based on the filing summary.

At the close on 05/29/2026, Skyworks Solutions shares traded at USD 77.85 on the Nasdaq Stock Market, with a modest move in extended trading to USD 78.06 the same evening, underscoring how the stock price in the United States remained near levels embedded in current analyst models, according to MarketBeat as of 05/29/2026.

The stock traded at 77.85 USD on 05/29/2026 on Nasdaq, according to MarketBeat as of 05/29/2026, placing the company squarely in focus for U.S. equity investors who monitor both price levels and institutional ownership patterns.

For investors in Germany, Skyworks Solutions is also available on trading venues such as Tradegate, where the stock typically quotes in euros parallel to the U.S. Nasdaq listing, providing an additional access point for European retail investors who follow U.S. semiconductor names.

As of: 01.06.2026

By the editorial team - specialized in equity coverage.

Skyworks Solutions: core business model

Skyworks Solutions focuses on designing and supplying analog and mixed-signal semiconductors that enable wireless connectivity in smartphones, communications infrastructure, automotive applications, and a variety of connected devices, with sales driven largely by demand for radio-frequency front-end solutions from major handset makers and other electronics manufacturers.

What banks and research houses say about Skyworks Solutions

According to MarketBeat data summarizing 23 Wall Street equity research analysts as of 05/29/2026, Skyworks Solutions carries a consensus rating of Hold, with an average 12?month price target of USD 76.61, a high estimate of USD 140.00, and a low estimate of USD 46.00, implying a forecast downside of about 1.59 percent from the 05/29/2026 close.

These figures suggest that, in aggregate, U.S. and global research houses currently expect Skyworks Solutions to trade broadly around its recent U.S. price levels rather than pricing in a major rerating, even as individual analyst targets span a wide range between bearish and bullish views, according to MarketBeat as of 05/29/2026.

Conclusion

The latest indication that Legal & General Group Plc has sold 77,460 Skyworks Solutions shares, as noted on 06/01/2026, adds a fresh data point on institutional positioning but does not alter the companys strategic trajectory in the U.S. semiconductor market.

Against this backdrop, the Hold consensus and an average target of USD 76.61 from 23 analysts as of 05/29/2026 underscore expectations for relatively rangebound trading around current Nasdaq levels while investors watch upcoming catalysts such as future earnings dates and macro trends in smartphone and connectivity demand.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.