Skyworks Solutions rated Buy with 40% upside after Qorvo merger promises $500M cost synergies.

Skyworks Solutions is rated a Buy with a price target of $123.11, implying about 40% upside from its current price. The merger with Qorvo is expected to solve scale and market exposure issues by expanding the customer base and generating at least $500 million in annual cost synergies. Additional benefits include improved manufacturing efficiency and a larger R&D platform. The main risk remains high dependence on Apple, which accounts for 55–60% of exposure post-merger. The deal is expected to close by October 5, 2026, with execution and synergy delivery as key factors to watch.

Skyworks Solutions currently has a market cap of $12.79 billion and offers a dividend yield of 4.13%, highlighting its appeal for income-focused investors. On Pluang, the stock trades at $85.03 with a 1-day gain of 2.25% as of October 3, 2026, 19:01 WIB. The platform shows strong buying interest with 88% of orders favoring purchases, reflecting positive sentiment possibly influenced by the merger news.