Skyworks Solutions Inc (NASDAQ:SWKS) an innovator of high performance analog semiconductors connecting people, places and things, today announced that TP-LINK’s newest router OnHub is being enabled by semiconductor content fromSkyworks. The product leverages more than 20 Skyworks solutions to power multiple radios and 13 fully integrated antennas across various standards including Bluetooth® 4.0, ZigBee®/Thread, 2 and 5 GHz applications for 802.11ac/b/g/n and Google’s Weave. In addition to delivering high data rates for audio and video streaming, web browsing and other wireless networking, the OnHub platform offers consumers a sleek, powerful and intelligent means for smart devices in the connected home – such as thermostats, smoke alarms, home security and lighting systems – to communicate regardless of the wireless standard. The router’s unique RF design also enables it to intelligently monitor networks, detecting data congestion before automatically re-routing it in order to optimize bandwidth performance.

“Skyworks is proud to be powering one of the most innovative networking devices on the market,” said John O’Neill, vice president of broad markets for Skyworks. “The combination of ease of use, attractive design and connectivity across multiple air interfaces make this a truly breakthrough offering for consumers and further demonstrates Skyworks’ ability to make complex RF design challenges seem simple. By leveraging our broad product portfolio and systems expertise, we are empowering the wireless networking revolution across the Internet of Things.”

According to a May 2015 Cisco Visual Networking Index Forecast, fixed networking devices such as routers will handle approximately 82 percent of all consumer Internet traffic by 2019, with total Internet traffic growing by a compounded annual growth rate of 33 percent from 2015 to 2019. Connected home devices will grow at a compound annual rate of 67 percent over the next five years and reach 1.8 billion units shipped by 2019, according to Business Intelligence estimates. Connected home devices encompass all smart appliances (washers, dryers, and refrigerators), safety and security systems (internet-connected sensors, monitors, cameras, and alarm systems) and energy equipment such as smart thermostats and smart lighting. (Original Source)

Shares of Skyworks Solutions closed yesterday at $77.83. SWKS has a 1-year high of $112.88 and a 1-year low of $50.45. The stock’s 50-day moving average is $84.60 and its 200-day moving average is $94.62.

On the ratings front, Skyworks has been the subject of a number of recent research reports. In a report issued on October 7, Brean Murray Carret analyst Mike Burton maintained a Buy rating on SWKS, with a price target of $100, which represents a potential upside of 28.5% from where the stock is currently trading. Separately, on October 6, Standard & Poor’s’ Angelo Zino reiterated a Hold rating on the stock .

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Mike Burton and Angelo Zino have a total average return of 10.2% and -22.7% respectively. Burton has a success rate of 51.6% and is ranked #436 out of 3793 analysts, while Zino has a success rate of 30.4% and is ranked #3728.

Overall, one research analyst has assigned a Hold rating and 9 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $120.33 which is 54.6% above where the stock closed yesterday.

Skyworks Solutions Inc, together with its consolidated subsidiaries is an innovator of high reliability analog and mixed signal semiconductors.