SkyWater Technology (SKYT) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• SkyWater Technology is expected to report a Q2 2025 loss of ($0.17) per share with revenues projected at $57.46 million on August 6th, after market close.
• CEO Thomas Sonderman recently sold 14,958 shares of the company's stock, while institutional investors, including AQR Capital Management, have increased their stake in the company significantly.
• Analysts have downgraded their target prices for SkyWater Technology from $15.00 to $12.00 and from $12.00 to $11.00, maintaining a "buy" rating.

SkyWater Technology (NASDAQ:SKYT - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.17) per share and revenue of $57.46 million for the quarter.

SkyWater Technology Price Performance

Shares of NASDAQ:SKYT traded down $0.17 during midday trading on Friday, hitting $8.78. The company had a trading volume of 844,827 shares, compared to its average volume of 588,290. SkyWater Technology has a twelve month low of $5.63 and a twelve month high of $19.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 1.07. The stock has a market cap of $421.70 million, a price-to-earnings ratio of -51.64 and a beta of 3.39. The business's 50-day simple moving average is $9.64 and its 200-day simple moving average is $8.86.

Insider Activity at SkyWater Technology

In related news, CEO Thomas Sonderman sold 14,958 shares of the stock in a transaction that occurred on Thursday, June 26th. The stock was 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 directly owned 565,465 shares in the company, valued at approximately $5,677,268.60. This represents a 2.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Loren A. Unterseher sold 366,418 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $101,699,882.10. The trade was a 3.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 729,982 shares of company stock valued at $6,933,545 over the last quarter. 37.85% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SkyWater Technology stock. AQR Capital Management LLC raised its position in shares of SkyWater Technology, Inc. (NASDAQ:SKYT - Free Report) by 112.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 313,993 shares of the company's stock after buying an additional 165,865 shares during the period. AQR Capital Management LLC owned about 0.65% of SkyWater Technology worth $2,226,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 70.00% of the company's stock.

Wall Street Analysts Forecast Growth

SKYT has been the subject of several recent research reports. 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 report on Thursday, May 8th. Needham & Company LLC lowered their price objective on SkyWater Technology from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Thursday, May 8th.

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.