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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NASDAQ:SKYT

SkyWater Technology - SKYT Stock Forecast, Price & News

$9.79
-0.08 (-0.81%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$9.65
$9.97
50-Day Range
$6.45
$11.60
52-Week Range
$4.43
$20.95
Volume
73,884 shs
Average Volume
328,034 shs
Market Capitalization
$407.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.40

SkyWater Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
87.9% Upside
$18.40 Price Target
Short Interest
Healthy
15.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.10mentions of SkyWater Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$5.11 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.05) to ($0.48) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

261st out of 635 stocks

Semiconductors & Related Devices Industry

36th out of 95 stocks

SKYT stock logo

About SkyWater Technology (NASDAQ:SKYT) Stock

SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. 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, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.

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SKYT Stock News Headlines

Power Integrations Stock Can Power Your Portfolio (SKYT)
Power Integrations (NASDAQ: POWI) is a supplier of analog and mixed signal integrated circuits (IC) and high-performance electronic components for the power
SkyWater Technology: An Impressive Long-Term Growth Story
SkyWater Announces Offering of Shares of Common Stock
SkyWater Announces Pricing of Common Stock Offering
SkyWater Technology's Debt Overview
SkyWater Technology Reports Third Quarter 2022 Results
SkyWater Technology's Earnings: A Preview
SkyWater Technology, Inc. (SKYT)
See More Headlines
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SKYT Company Calendar

Last Earnings
11/07/2022
Today
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/28/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SKYT
Fax
N/A
Employees
590
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.40
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+87.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-50,700,000.00
Pretax Margin
-33.78%

Debt

Sales & Book Value

Annual Sales
$162.85 million
Book Value
$0.87 per share

Miscellaneous

Free Float
11,320,000
Market Cap
$407.46 million
Optionable
Not Optionable
Beta
4.68

Key Executives

  • Mr. Thomas J. SondermanMr. Thomas J. Sonderman (Age 58)
    Pres, CEO & Director
    Comp: $818.73k
  • Mr. Steve MankoMr. Steve Manko (Age 41)
    Chief Financial Officer
    Comp: $614.21k
  • Mr. John L. Spicer
    Exec. VP of Operations
  • Dr. Steven Kosier Ph.D.
    Chief Technology Officer
  • Heather Davis
    Investor Relations
  • Mr. Jason Stokes
    Chief Legal Officer & Gen. Counsel
  • Mr. Kevin Jackson
    Sr. VP of Corp. Devel.
  • Ms. Amanda R. Daniel
    Chief HR Officer
  • Mr. John Kent
    Exec. VP of Technology Devel. & Design Enablement
  • Mr. Mark Litecky
    Chief Revenue Officer













SKYT Stock - Frequently Asked Questions

Should I buy or sell SkyWater Technology stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SkyWater Technology in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SKYT shares.
View SKYT analyst ratings
or view top-rated stocks.

What is SkyWater Technology's stock price forecast for 2023?

5 Wall Street research analysts have issued 1-year target prices for SkyWater Technology's shares. Their SKYT share price forecasts range from $14.00 to $20.00. On average, they anticipate the company's stock price to reach $18.40 in the next twelve months. This suggests a possible upside of 87.9% from the stock's current price.
View analysts price targets for SKYT
or view top-rated stocks among Wall Street analysts.

How have SKYT shares performed in 2022?

SkyWater Technology's stock was trading at $16.22 at the start of the year. Since then, SKYT shares have decreased by 39.6% and is now trading at $9.79.
View the best growth stocks for 2022 here
.

When is SkyWater Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our SKYT earnings forecast
.

How were SkyWater Technology's earnings last quarter?

SkyWater Technology, Inc. (NASDAQ:SKYT) posted its quarterly earnings data on Monday, November, 7th. The company reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.32) by $0.15. The company had revenue of $52.33 million for the quarter, compared to analyst estimates of $52.35 million. SkyWater Technology had a negative net margin of 34.12% and a negative trailing twelve-month return on equity of 108.66%.

When did SkyWater Technology IPO?

(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 served as the underwriters for the IPO.

What is SkyWater Technology's stock symbol?

SkyWater Technology trades on the NASDAQ under the ticker symbol "SKYT."

Who are SkyWater Technology's major shareholders?

SkyWater Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include Emerald Advisers LLC (1.59%), BlackRock Inc. (1.45%), Emerald Mutual Fund Advisers Trust (1.28%), Vanguard Group Inc. (1.12%), Renaissance Technologies LLC (0.44%) and Two Sigma Investments LP (0.39%). Insiders that own company stock include Amanda Daniel, Bart L Zibrowski, Bradley Ferguson, Cmi Oxbow Partners, Llc, Developments LLC Ddk, John Spicer, Loren A Unterseher, Mark Litecky, Steve Kosier, Steve Manko and Thomas Sonderman.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SkyWater Technology's stock price today?

One share of SKYT stock can currently be purchased for approximately $9.79.

How much money does SkyWater Technology make?

SkyWater Technology (NASDAQ:SKYT) has a market capitalization of $407.45 million and generates $162.85 million in revenue each year. The company earns $-50,700,000.00 in net income (profit) each year or ($1.60) on an earnings per share basis.

How many employees does SkyWater Technology have?

The company employs 590 workers across the globe.

How can I contact SkyWater Technology?

SkyWater Technology's mailing address is 2401 EAST 86TH STREET, BLOOMINGTON MN, 55425. The official website for the company is www.skywatertechnology.com. The company can be reached via phone at 952-851-5200 or via email at investor@skywatertechnology.com.

This page (NASDAQ:SKYT) was last updated on 12/2/2022 by MarketBeat.com Staff