SkyWater Technology (NASDAQ:SKYT) Issues 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.

SkyWater Technology Stock Down 3.1%

SKYT traded down $0.44 on Monday, reaching $13.65. The company's stock had a trading volume of 1,042,639 shares, compared to its average volume of 734,764. The stock has a 50 day moving average of $9.81 and a two-hundred day moving average of $8.81. The company has a quick ratio of 1.07, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $655.44 million, a price-to-earnings ratio of -40.54 and a beta of 3.38. SkyWater Technology has a fifty-two week low of $5.67 and a fifty-two week high of $19.00.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SKYT. TD Cowen cut their price target on SkyWater Technology from $15.00 to $12.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Wall Street Zen cut SkyWater Technology from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Needham & Company LLC upped their price target on SkyWater Technology from $11.00 to $15.00 and gave the stock a "buy" rating in a research note on Thursday.

Insiders Place Their Bets

In other news, Director Loren A. Unterseher sold 366,418 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $9.54, for a total value of $3,495,627.72. Following the completion of the transaction, the director owned 10,660,365 shares in the company, valued at $101,699,882.10. This trade represents a 3.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Thomas Sonderman sold 14,958 shares of the firm's stock in a transaction on Thursday, June 26th. The shares were sold at an average price of $10.04, for a total value of $150,178.32. Following the completion of the transaction, the chief executive officer owned 565,465 shares of the company's stock, valued at approximately $5,677,268.60. This represents a 2.58% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 729,982 shares of company stock valued at $6,933,545. Company insiders own 37.85% of the company's stock.

Institutional Trading of SkyWater Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new stake in SkyWater Technology in the 1st quarter worth about $173,000. Creative Planning boosted its stake in SkyWater Technology by 69.7% in the 2nd quarter. Creative Planning now owns 34,283 shares of the company's stock worth $337,000 after buying an additional 14,085 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in SkyWater Technology by 112.0% in the 1st quarter. AQR Capital Management LLC now owns 313,993 shares of the company's stock worth $2,226,000 after buying an additional 165,865 shares during the last quarter. Hedge funds and other institutional investors own 70.00% of the company's stock.

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.