SkyWater Technology (NASDAQ:SKYT) Releases Q3 2025 Earnings Guidance

Key Points

• SkyWater Technology has issued Q3 2025 earnings guidance, predicting an EPS range of -0.200 to -0.140, significantly below the consensus estimate of 0.028, while revenue is anticipated to be between $130.0 million and $141.0 million, above the consensus estimate of $82.0 million.
• Recent analyst ratings include a downgrade from TD Cowen, reducing the target price from $15.00 to $12.00, while Needham & Company increased their target from $11.00 to $15.00, maintaining a "buy" rating.
• Insider sales were notable, with CEO Thomas Sonderman selling 14,958 shares and Director Loren A. Unterseher selling 67,345 shares, indicating a decrease in management ownership amidst ongoing institutional interest, as they own 70% of the company.

SkyWater Technology (NASDAQ:SKYT - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of -0.200--0.140 for the period, compared to the consensus EPS estimate of 0.028. The company issued revenue guidance of $130.0 million-$141.0 million, compared to the consensus revenue estimate of $82.0 million.

Analyst Ratings Changes

A number of research analysts recently commented on the company. TD Cowen decreased their price target on SkyWater Technology from $15.00 to $12.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Needham & Company LLC raised their price objective on SkyWater Technology from $11.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday.

SkyWater Technology Price Performance

NASDAQ:SKYT traded up $1.23 during trading hours on Friday, hitting $14.08. The company's stock had a trading volume of 3,542,240 shares, compared to its average volume of 920,021. The stock has a fifty day simple moving average of $9.81 and a 200-day simple moving average of $8.85. The company has a market capitalization of $676.26 million, a P/E ratio of -41.41 and a beta of 3.38. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.07. SkyWater Technology has a twelve month low of $5.67 and a twelve month high of $19.00.

Insider Transactions at SkyWater Technology

In other news, Director Loren A. Unterseher sold 67,345 shares of SkyWater Technology stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $9.44, for a total transaction of $635,736.80. Following the sale, the director directly owned 10,446,708 shares of the company's stock, valued at approximately $98,616,923.52. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Thomas Sonderman sold 14,958 shares of SkyWater Technology stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $10.04, for a total value of $150,178.32. Following the sale, the chief executive officer directly owned 565,465 shares in the company, valued at $5,677,268.60. The trade was a 2.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 729,982 shares of company stock worth $6,933,545 over the last three months. Insiders own 37.85% of the company's stock.

Hedge Funds Weigh In On SkyWater Technology

Hedge funds have recently made changes to their positions in the stock. Strs Ohio bought a new position in shares of SkyWater Technology during the first quarter worth about $173,000. Creative Planning raised its position in shares of SkyWater Technology by 69.7% during the second quarter. Creative Planning now owns 34,283 shares of the company's stock worth $337,000 after acquiring an additional 14,085 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of SkyWater Technology by 112.0% during the first quarter. AQR Capital Management LLC now owns 313,993 shares of the company's stock worth $2,226,000 after acquiring an additional 165,865 shares during the last quarter. 70.00% of the stock is currently owned by institutional investors.

SkyWater Technology Company Profile

SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.