SkyWater Technology Stock Price, News & Analysis (NASDAQ:SKYT) $7.53 +0.04 (+0.53%) (As of 08:48 AM ET) Add Compare Share Share Today's Range$7.53▼$7.5350-Day Range$4.90▼$7.5052-Week Range$4.73▼$15.99Volume804 shsAverage Volume295,763 shsMarket Capitalization$354.10 millionP/E RatioN/ADividend YieldN/APrice Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media SkyWater Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside46.9% Upside$11.00 Price TargetShort InterestBearish10.96% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.46) to ($0.17) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.73 out of 5 starsComputer And Technology Sector443rd out of 592 stocksSemiconductors & Related Devices Industry63rd out of 79 stocks 3.5 Analyst's Opinion Consensus RatingSkyWater Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, SkyWater Technology has a forecasted upside of 46.9% from its current price of $7.49.Amount of Analyst CoverageSkyWater Technology has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.96% of the float of SkyWater Technology has been sold short.Short Interest Ratio / Days to CoverSkyWater Technology has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in SkyWater Technology has recently increased by 17.27%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSkyWater Technology does not currently pay a dividend.Dividend GrowthSkyWater Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SKYT. Previous Next 1.1 News and Social Media Coverage News SentimentSkyWater Technology has a news sentiment score of -1.00. 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 0.40 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for SkyWater Technology this week, compared to 1 article on an average week.Search Interest5 people have searched for SKYT on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added SkyWater Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SkyWater Technology insiders have not sold or bought any company stock.Percentage Held by Insiders50.34% 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 InstitutionsOnly 19.50% of the stock of SkyWater Technology is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SkyWater Technology are expected to grow in the coming year, from ($0.46) to ($0.17) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWater Technology is -14.40, 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. SectorThe P/E ratio of SkyWater Technology is -14.40, 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 RatioSkyWater Technology has a P/B Ratio of 5.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SkyWater Technology Stock (NASDAQ:SKYT)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.Read More SKYT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYT Stock News HeadlinesDecember 6, 2023 | finance.yahoo.comGovernment-funded IBAS Program Enters Next Phase of Silicon Interposer Development at NeoCity in FloridaDecember 6, 2023 | americanbankingnews.comQuickLogic (NASDAQ:QUIK) vs. SkyWater Technology (NASDAQ:SKYT) Critical SurveyDecember 6, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 15, 2023 | finance.yahoo.comSkyWater Technology Announces Participation in 12th Annual NYC SummitNovember 11, 2023 | finance.yahoo.comSkyWater Technology, Inc. (NASDAQ:SKYT) Is Expected To Breakeven In The Near FutureNovember 9, 2023 | finance.yahoo.comSkyWater Technology, Inc. (NASDAQ:SKYT) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comQ3 2023 Skywater Technology Inc Earnings CallNovember 9, 2023 | finance.yahoo.comSkyWater Technology (SKYT) Q3 2023 Earnings Call TranscriptDecember 6, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 8, 2023 | finance.yahoo.comSkyWater Technology Inc (SKYT) Reports Record Revenue and Gross Margin Growth in Q3 2023November 8, 2023 | finance.yahoo.comSkyWater Technology Reports Third Quarter 2023 ResultsNovember 3, 2023 | tmcnet.comSkyWater Announces Availability of Cadence Open-Source PDK and Reference Design for SkyWater's 130 nm ProcessNovember 3, 2023 | finance.yahoo.comSkyWater Announces Availability of Cadence Open-Source PDK and Reference Design for SkyWater’s 130 nm ProcessOctober 18, 2023 | finance.yahoo.comSkyWater Technology to Announce Third Quarter Financial Results on November 8, 2023October 12, 2023 | finance.yahoo.com3 ‘Picks and Shovels’ Stocks to Play the AI BoomOctober 3, 2023 | msn.comSkyWater Technology: A Hold Until Uncertainty Over Short-Term Profitability Clears (Rating Downgrade)September 26, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Technology Stocks: SkyWater Technology (SKYT), Asure (ASUR)September 14, 2023 | finance.yahoo.comSkyWater Appoints John Sakamoto as President and Chief Operating OfficerSeptember 7, 2023 | finance.yahoo.comSkyWater Installs Atomic Layer Deposition System for Development and Production of Advanced TechnologiesSeptember 5, 2023 | finance.yahoo.comSkyWater Technology, Inc.'s (NASDAQ:SKYT) largest shareholders are private equity firms with 42% ownership, individual investors own 21%August 21, 2023 | finance.yahoo.comSkyWater Announces Appointment of Retired U.S. Army General Edward M. Daly to its Board of DirectorsAugust 16, 2023 | finance.yahoo.comSkyWater Technology to Participate in Jefferies Semiconductor, IT Hardware & Communications Technology SummitAugust 9, 2023 | finance.yahoo.comSkyWater Technology, Inc. (NASDAQ:SKYT) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | finance.yahoo.comA Look At The Fair Value Of SkyWater Technology, Inc. (NASDAQ:SKYT)August 8, 2023 | finance.yahoo.comSkyWater Technology Reports Second Quarter 2023 ResultsAugust 8, 2023 | finance.yahoo.comSkyWater Technology (SKYT) Q2 2023 Earnings Call TranscriptAugust 8, 2023 | finance.yahoo.comQ2 2023 Skywater Technology Inc Earnings CallSee More Headlines Receive SKYT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SkyWater Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/08/2023Today12/06/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/12/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:SKYT CUSIPN/A CIK1819974 Webwww.skywatertechnology.com Phone952-851-5200FaxN/AEmployees706Year FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$13.00 Low Stock Price Target$9.00 Potential Upside/Downside+46.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.52) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,590,000.00 Net Margins-8.61% Pretax Margin-6.73% Return on Equity-32.71% Return on Assets-6.62% Debt Debt-to-Equity Ratio0.56 Current Ratio0.97 Quick Ratio0.84 Sales & Book Value Annual Sales$272.62 million Price / Sales1.29 Cash FlowN/A Price / Cash FlowN/A Book Value$1.30 per share Price / Book5.76Miscellaneous Outstanding Shares47,025,000Free Float23,353,000Market Cap$352.22 million OptionableNot Optionable Beta4.24 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Thomas J. Sonderman (Age 59)CEO & Director Comp: $504.42kMr. Steve Manko (Age 42)Chief Financial Officer Comp: $324.85kDr. Brad Ferguson Ph.D. (Age 52)Senior Vice President of Special Programs & Chief Government Affairs Officer Comp: $298.16kMr. John Sakamoto (Age 55)President & COO Dr. Steven Kosier Ph.D. (Age 56)Chief Technology Officer Mr. Christopher Hilberg (Age 48)Chief Legal Officer, General Counsel & Secretary Ms. Amanda R. Daniel (Age 44)Chief People Officer Mr. Mark Litecky (Age 57)Chief Revenue Officer Mr. Ross MillerSenior VP of Commercial and A&D BusinessMr. Paul SuraExecutive Vice President of Technology & Manufacturing OperationsMore ExecutivesKey CompetitorsNVENASDAQ:NVECAdesto TechnologiesNASDAQ:IOTSVishay Precision GroupNYSE:VPGCanaanNASDAQ:CANMagnachip SemiconductorNYSE:MXView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 13,019 shares on 11/30/2023Ownership: 0.028%Walleye Trading LLCBought 13,000 shares on 11/21/2023Ownership: 0.000%Walleye Capital LLCBought 9,600 shares on 11/21/2023Ownership: 0.000%AQR Capital Management LLCSold 62,895 shares on 11/15/2023Ownership: 0.194%Sherbrooke Park Advisers LLCBought 11,958 shares on 11/14/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions SKYT Stock Analysis - Frequently Asked Questions Should I buy or sell SkyWater Technology stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWater Technology in the last year. There are currently 2 buy ratings 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 target for 2024? 2 Wall Street research analysts have issued 12-month target prices for SkyWater Technology's shares. Their SKYT share price targets range from $9.00 to $13.00. On average, they expect the company's share price to reach $11.00 in the next twelve months. This suggests a possible upside of 46.9% 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 2023? SkyWater Technology's stock was trading at $7.11 on January 1st, 2023. Since then, SKYT stock has increased by 5.3% and is now trading at $7.49. View the best growth stocks for 2023 here. Are investors shorting SkyWater Technology? SkyWater Technology saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,630,000 shares, an increase of 17.3% from the October 31st total of 1,390,000 shares. Based on an average daily trading volume, of 238,800 shares, the short-interest ratio is currently 6.8 days. Approximately 11.0% of the shares of the company are short sold. View SkyWater Technology's Short Interest. When is SkyWater Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 12th 2024. View our SKYT earnings forecast. How were SkyWater Technology's earnings last quarter? SkyWater Technology, Inc. (NASDAQ:SKYT) issued its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.17) by $0.08. The business earned $71.62 million during the quarter, compared to analysts' expectations of $67.25 million. SkyWater Technology had a negative trailing twelve-month return on equity of 32.71% and a negative net margin of 8.61%. 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. Who are SkyWater Technology's major shareholders? SkyWater Technology's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Emerald Advisers LLC (2.44%), Emerald Mutual Fund Advisers Trust (1.88%), Bank of New York Mellon Corp (0.37%), Northern Trust Corp (0.33%), Charles Schwab Investment Management Inc. (0.29%) and AQR Capital Management LLC (0.19%). Insiders that own company stock include Amanda Daniel, Bart L Zibrowski, Bradley Ferguson, Cmi Oxbow Partners, Llc, Developments LLC Ddk, Gregory B Graves, John Spicer, John T Kurtzweil, 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. 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