SkyWater Technology (SKYT) Stock Price, News & Analysis

Company Overview

SkyWater Technology (NASDAQ:SKYT) is a U.S.-based specialty semiconductor foundry that offers a range of advanced manufacturing services for complex integrated circuits. The company’s core capabilities include CMOS-based process technologies, mixed-signal and radio-frequency (RF) solutions, micro-electro-mechanical systems (MEMS), power management devices and advanced packaging. By focusing on flexible, low- to mid-volume production runs, SkyWater meets the needs of customers requiring bespoke or highly reliable semiconductor components.

SkyWater’s service portfolio encompasses wafer fabrication and advanced back-end processes on 200 mm and 300 mm wafers, with design support, wafer bumping, system-in-package integration and test services. These offerings enable device makers to develop products for applications spanning aerospace and defense, automotive, industrial Internet of Things, medical devices and telecommunications. The company maintains cleanroom facilities in Bloomington, Minnesota and West Lafayette, Indiana, and works alongside ecosystem partners to accelerate development cycles and time to market.

Rooted in more than six decades of semiconductor heritage, SkyWater traces its lineage to the 1952 founding of a Motorola semiconductor plant in Minnesota. After several ownership changes, the manufacturing operations were rebranded as SkyWater Technology in 2017 and subsequently became a publicly traded company in 2021. Throughout its evolution, the company has emphasized sovereign supply chain solutions and strategic partnerships to bolster domestic production of critical chips.

Under the leadership of CEO Thomas Sonderman and an executive team with deep industry experience, SkyWater continues to invest in research and development and expand its process capabilities. The company’s strategic focus on U.S.-based manufacturing and innovation positions it as a partner of choice for customers seeking reliable, secure and customizable semiconductor solutions.

Key Stats

• Today's Range: $10.32 to $10.70
• 50-Day Range: $7.24 to $10.95
• 52-Week Range: $5.63 to $19.00
• Volume: 391,581 shs
• Average Volume: 622,163 shs
• Market Capitalization: $500.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $11.67
• Consensus Rating: Buy

SkyWater Technology Stock Analysis - MarketRank™

SkyWater Technology scored higher than 30% of companies evaluated by MarketBeat, and ranked 485th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

SkyWater Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

SkyWater Technology has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for SkyWater Technology are expected to decrease in the coming year, from ($0.22) to ($0.29) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SkyWater Technology is -61.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SkyWater Technology is -61.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SkyWater Technology has a P/B Ratio of 7.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.09% of the float of SkyWater Technology has been sold short.

Short Interest Ratio / Days to Cover

SkyWater Technology has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in SkyWater Technology has recently increased by 2.87%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SkyWater Technology does not currently pay a dividend.

Dividend Growth

SkyWater Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.09% of the float of SkyWater Technology has been sold short.

Short Interest Ratio / Days to Cover

SkyWater Technology has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in SkyWater Technology has recently increased by 2.87%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.50

News Sentiment

SkyWater Technology has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for SkyWater Technology this week, compared to 3 articles on an average week.

Search Interest

Only 6 people have searched for SKYT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

13 people have added SkyWater Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 333% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, SkyWater Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,933,545.00 in company stock.

Percentage Held by Insiders

37.85% of the stock of SkyWater Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.00% of the stock of SkyWater Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SKYT Stock Analysis - Frequently Asked Questions

How have SKYT shares performed this year?

SkyWater Technology's stock was trading at $13.80 at the start of the year. Since then, SKYT stock has decreased by 24.5% and is now trading at $10.42.

How were SkyWater Technology's earnings last quarter?

SkyWater Technology, Inc. (NASDAQ:SKYT) released its earnings results on Wednesday, February, 26th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.10. The business earned $75.49 million during the quarter, compared to the consensus estimate of $74.25 million. SkyWater Technology had a negative net margin of 2.60% and a negative trailing twelve-month return on equity of 8.52%.
Read the conference call transcript.

When did SkyWater Technology IPO?

SkyWater Technology (SKYT) raised $75 million in an initial public offering (IPO) on Wednesday, April 21st 2021. The company issued 5,800,000 shares at a price of $12.00-$14.00 per share. Jefferies, Cowen and Piper Sandler acted as the underwriters for the IPO.

How do I buy shares of SkyWater Technology?

Shares of SKYT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of SkyWater Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SkyWater Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Alphabet (GOOG) and Netflix (NFLX).

Company Calendar

• Last Earnings: 2/26/2025
• Today: 7/09/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC COMP - SEMIC
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:SKYT
• CIK: 1819974
• Web: www.skywatertechnology.com
• Phone: 952-851-5200
• Fax: N/A
• Employees: 590
• Year Founded: N/A

Price Target and Rating

• Average Price Target for SkyWater Technology: $11.67
• High Price Target: $12.00
• Low Price Target: $11.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$6.79 million
• Net Margins: -2.60%
• Pretax Margin: -1.09%
• Return on Equity: -8.52%
• Return on Assets: -1.70%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 1.18
• Quick Ratio: 1.07

Sales & Book Value

• Annual Sales: $342.27 million
• Price / Sales: 1.46
• Cash Flow: $0.31 per share
• Price / Cash Flow: 33.74
• Book Value: $1.33 per share
• Price / Book: 7.83

Miscellaneous

• Outstanding Shares: 48,030,000
• Free Float: 29,854,000
• Market Cap: $500.47 million
• Optionable: Optionable
• Beta: 3.40