Skyworks Solutions Trading Volume Surges 67.94% to $347 Million Ranking 279th in Daily Volume

On June 10, 2025, Skyworks Solutions (SWKS) saw a significant increase in trading volume, reaching $347 million, a 67.94% rise from the previous day. This surge placed Skyworks at the 279th position in terms of trading volume for the day. The stock has been on an upward trajectory, rising 2.43% and marking its third consecutive day of gains, with a total increase of 5.88% over the past three days.

Citi analysts have added Skyworks Solutions to their 90-day upside catalyst watch, anticipating better-than-expected results for the June and September quarters. This optimistic outlook is driven by the anticipation of increased demand for Apple products due to tariffs, which has led to a pull-forward in Apple's supply chain. Data from Asia suggests that the Apple supply chain could see improved performance, with expectations of 80-95 million units or stable year-over-year growth for the iPhone 17 build. Historically, Apple supply chain stocks have outperformed AAPL stock from the Worldwide Developers Conference (WWDC) through the iPhone launch event in September. Given these factors, Citi sees upside risk to June and September quarter results for Skyworks, with earnings serving as the primary catalyst within the next 90 days. Apple accounts for a significant portion of Skyworks' total sales, contributing approximately 66% to the company's last reported quarter total sales. Despite the short-term positive outlook, Citi maintains its long-term concerns around increasing RF semis competition and concentration risk for these suppliers. However, the immediate prospect of tariff-driven demand acceleration positions Skyworks for potential upside in the near term.