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BABA   86.53 (-0.24%)
AMD   103.27 (+0.44%)
T   14.67 (-2.33%)
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GE   108.79 (-1.59%)
DIS   81.67 (+0.76%)
AMC   8.15 (+2.00%)
PFE   33.94 (+2.32%)
PYPL   58.56 (+0.17%)
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NASDAQ:SKYT

SkyWater Technology (SKYT) Stock Forecast, Price & News

$5.97
-0.05 (-0.83%)
(As of 05:20 PM ET)
Compare
Today's Range
$5.83
▼
$6.17
50-Day Range
$5.32
▼
$10.72
52-Week Range
$5.30
▼
$15.99
Volume
359,906 shs
Average Volume
316,147 shs
Market Capitalization
$276.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.50
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

SkyWater Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
227.2% Upside
$19.50 Price Target
Short Interest
Healthy
7.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.76mentions of SkyWater Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$1.33 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.60) to ($0.14) Per Share

Overall MarketRank™

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

2.32 out of 5 stars

Computer And Technology Sector

269th out of 611 stocks

Semiconductors & Related Devices Industry

42nd out of 91 stocks

See Top Rated MarketRank™ Stocks Here

SKYT stock logo

About SkyWater Technology (NASDAQ:SKYT) Stock

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of 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, micro-electromechanical 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.

SKYT Price History

SKYT Stock News Headlines

September 26, 2023 | markets.businessinsider.com
Analysts Are Bullish on Top Technology Stocks: SkyWater Technology (SKYT), Asure (ASUR)
September 26, 2023 | americanbankingnews.com
SkyWater Technology (NASDAQ:SKYT) Trading 2.7% Higher
October 2, 2023 | Legacy Research (Ad)
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video)
“Hi, I’m Teeka Tiwari...I’m about to get in this Tesla and drive up to a facility just a few miles from here to show you what could be the secret behind Elon Musk’s new AI project… What happens next will shock you…”
September 14, 2023 | finance.yahoo.com
SkyWater Appoints John Sakamoto as President and Chief Operating Officer
September 7, 2023 | finance.yahoo.com
SkyWater Installs Atomic Layer Deposition System for Development and Production of Advanced Technologies
September 5, 2023 | finance.yahoo.com
SkyWater Technology, Inc.'s (NASDAQ:SKYT) largest shareholders are private equity firms with 42% ownership, individual investors own 21%
August 21, 2023 | finance.yahoo.com
SkyWater Announces Appointment of Retired U.S. Army General Edward M. Daly to its Board of Directors
August 16, 2023 | finance.yahoo.com
SkyWater Technology to Participate in Jefferies Semiconductor, IT Hardware & Communications Technology Summit
October 2, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
August 9, 2023 | finance.yahoo.com
SkyWater Technology, Inc. (NASDAQ:SKYT) Q2 2023 Earnings Call Transcript
August 9, 2023 | finance.yahoo.com
A Look At The Fair Value Of SkyWater Technology, Inc. (NASDAQ:SKYT)
August 8, 2023 | finance.yahoo.com
SkyWater Technology Reports Second Quarter 2023 Results
August 8, 2023 | finance.yahoo.com
SkyWater Technology (SKYT) Q2 2023 Earnings Call Transcript
August 8, 2023 | finance.yahoo.com
Q2 2023 Skywater Technology Inc Earnings Call
August 6, 2023 | markets.businessinsider.com
What Wall Street expects from SkyWater Technology's earnings
August 3, 2023 | benzinga.com
10% Owner of SkyWater Technology Sold $622K In Stock
July 28, 2023 | finance.yahoo.com
SkyWater Florida and BRIDG Announce Installation of Nordson’s Leading C-SAM System to Enhance Metrology Capabilities at the Center for Neovation
July 27, 2023 | seekingalpha.com
SkyWater Technology: Expecting A Q2 Results Beat
July 18, 2023 | finance.yahoo.com
Paul Sura to lead Technology and Manufacturing Operations at SkyWater
July 11, 2023 | finance.yahoo.com
Investing in SkyWater Technology (NASDAQ:SKYT) a year ago would have delivered you a 19% gain
July 6, 2023 | finance.yahoo.com
SkyWater CEO Thomas Sonderman to Deliver Keynote at SEMICON West
July 1, 2023 | finance.yahoo.com
SKYT - SkyWater Technology, Inc.
June 28, 2023 | finance.yahoo.com
Weebit Nano’s ReRAM IP now fully qualified in SkyWater Technology’s S130 process
June 27, 2023 | finance.yahoo.com
SkyWater Foundation’s First Annual College Scholarship Program Awards $100,000 in Support of U.S. Workforce Development
June 13, 2023 | benzinga.com
SkyWater Announces Participation in 15th Annual CEO Investor Summit
May 31, 2023 | finance.yahoo.com
SKYT- A Cutting-Edge Semiconductor Play with Great Growth Potential
May 17, 2023 | finance.yahoo.com
SkyWater Announces Participation in Upcoming Investor Conferences
See More Headlines
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SKYT Company Calendar

Last Earnings
8/07/2023
Today
10/02/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Semiconductors & related devices
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:SKYT
CUSIP
N/A
CIK
1819974
Web
www.skywatertechnology.com
Phone
952-851-5200
Fax
N/A
Employees
706
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.50
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+225.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.53)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-39,590,000.00
Net Margins
-9.02%
Pretax Margin
-7.13%
Return on Equity
-42.92%
Return on Assets
-7.73%

Debt

Debt-to-Equity Ratio
0.55
Current Ratio
0.91
Quick Ratio
0.79

Sales & Book Value

Annual Sales
$212.94 million
Price / Sales
1.30
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.30 per share
Price / Book
4.62

Miscellaneous

Outstanding Shares
46,280,000
Free Float
22,985,000
Market Cap
$277.68 million
Optionable
Not Optionable
Beta
4.16
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Key Executives

  • Mr. Thomas J. SondermanMr. Thomas J. Sonderman (Age 59)
    Pres, CEO & Director
    Comp: $504.42k
  • Mr. Steve MankoMr. Steve Manko (Age 42)
    Chief Financial Officer
    Comp: $324.85k
  • Dr. Brad Ferguson Ph.D. (Age 52)
    Sr. VP of Special Programs & Chief Gov. Affairs Officer
    Comp: $298.16k
  • Dr. Steven Kosier Ph.D. (Age 56)
    Chief Technology Officer
  • Mr. Christopher Hilberg (Age 48)
    Chief Legal Officer, Gen. Counsel & Sec.
  • Ms. Amanda R. Daniel (Age 44)
    Chief People Officer
  • Mr. Mark Litecky (Age 57)
    Chief Revenue Officer
  • Mr. Ross Miller
    Sr. VP of Commercial and A&D Bus.
  • Mr. Paul Sura
    Exec. VP of Technology & Manufacturing Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SKYT Stock - Frequently Asked Questions

Should I buy or sell SkyWater Technology stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWater Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities 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?

1 Wall Street analysts have issued twelve-month target prices for SkyWater Technology's shares. Their SKYT share price forecasts range from $14.00 to $25.00. On average, they expect the company's share price to reach $19.50 in the next year. This suggests a possible upside of 225.0% 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 2023?

SkyWater Technology's stock was trading at $7.11 on January 1st, 2023. Since then, SKYT shares have decreased by 15.6% and is now trading at $6.00.
View the best growth stocks for 2023 here.

When is SkyWater Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our SKYT earnings forecast.

How were SkyWater Technology's earnings last quarter?

SkyWater Technology, Inc. (NASDAQ:SKYT) announced its quarterly earnings data on Monday, August, 7th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.05. The company had revenue of $69.81 million for the quarter, compared to the consensus estimate of $64.30 million. SkyWater Technology had a negative trailing twelve-month return on equity of 42.92% and a negative net margin of 9.02%.

What ETFs hold SkyWater Technology's stock?

ETFs with the largest weight of SkyWater Technology (NASDAQ:SKYT) stock in their portfolio include ProShares Nanotechnology ETF (TINY).ProShares Smart Materials ETF (TINT).

When did SkyWater Technology IPO?

(SKYT) raised $75 million in an 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."

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 $6.00.

How much money does SkyWater Technology make?

SkyWater Technology (NASDAQ:SKYT) has a market capitalization of $277.68 million and generates $212.94 million in revenue each year. The company earns $-39,590,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis.

How many employees does SkyWater Technology have?

The company employs 706 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 10/2/2023 by MarketBeat.com Staff

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