NASDAQ:SKYT SkyWater Technology (SKYT) Stock Forecast, Price & News $10.25 -0.07 (-0.68%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$10.03▼$10.4650-Day Range$8.68▼$11.3952-Week Range$5.74▼$20.95Volume177,645 shsAverage Volume294,592 shsMarket Capitalization$440.85 millionP/E RatioN/ADividend YieldN/APrice Target$19.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SkyWater Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside89.3% Upside$19.40 Price TargetShort InterestBearish7.60% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$13.95 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.54) to ($0.07) 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.2.01 out of 5 starsComputer And Technology Sector411th out of 621 stocksSemiconductors & Related Devices Industry61st out of 89 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.40, SkyWater Technology has a forecasted upside of 89.3% from its current price of $10.25.Amount of Analyst CoverageSkyWater Technology has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.60% 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 4.Change versus previous monthShort interest in SkyWater Technology has recently increased by 15.00%, 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 2.9 News and Social Media Coverage News SentimentSkyWater Technology has a news sentiment score of 1.19. 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 higher news sentiment than the 0.58 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 2 articles on an average week.Search Interest5 people have searched for SKYT on MarketBeat in the last 30 days. This is an increase of 400% 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 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $13,951,355.00 in 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 10.18% 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 ($0.54) to ($0.07) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWater Technology is -15.53, 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 -15.53, 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 7.65. 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 (NASDAQ:SKYT) StockSkyWater 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.Read More 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 SKYT Stock News HeadlinesMay 31, 2023 | finance.yahoo.comSKYT- A Cutting-Edge Semiconductor Play with Great Growth PotentialMay 24, 2023 | americanbankingnews.comSkyWater Technology, Inc. (NASDAQ:SKYT) Major Shareholder Sells $33,159.00 in StockMay 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 17, 2023 | finance.yahoo.comSkyWater Announces Participation in Upcoming Investor ConferencesMay 17, 2023 | americanbankingnews.comBradley Ferguson Sells 1,281 Shares of SkyWater Technology, Inc. (NASDAQ:SKYT) StockMay 17, 2023 | americanbankingnews.comThomas Sonderman Sells 12,523 Shares of SkyWater Technology, Inc. (NASDAQ:SKYT) StockMay 15, 2023 | msn.comSkyWater Technology: Why Raised Guidance Received A Lukewarm ResponseMay 15, 2023 | msn.comSkyWater Technology: Favorable Outlook Supports A Higher MultipleMay 31, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 13, 2023 | americanbankingnews.comHead to Head Comparison: Pixelworks (NASDAQ:PXLW) & SkyWater Technology (NASDAQ:SKYT)May 9, 2023 | seekingalpha.comSkyWater Technology Non-GAAP EPS of -$0.06 beats by $0.06, revenue of $66.1M beats by $5.3MMay 9, 2023 | finance.yahoo.comQ1 2023 Skywater Technology Inc Earnings CallMay 9, 2023 | finance.yahoo.comSkyWater Technology (SKYT) Q1 2023 Earnings Call TranscriptMay 8, 2023 | finance.yahoo.comSkyWater Technology Reports First Quarter 2023 ResultsMay 8, 2023 | markets.businessinsider.comAnalysts Are Bullish on These Industrial Goods Stocks: SkyWater Technology (SKYT), Ceco Environmental (CECO)May 6, 2023 | americanbankingnews.comSkyWater Technology (SKYT) Scheduled to Post Earnings on MondayMay 2, 2023 | finance.yahoo.comPsiQuantum Expands Development Engagement and Plan for Production Ramp of Quantum Computing Technology at SkyWater’s Minnesota FabApril 20, 2023 | finance.yahoo.comSkyWater President and CEO Thomas Sonderman to Deliver Keynote at 2023 Advanced Semiconductor Manufacturing Conference (ASMC)April 18, 2023 | finance.yahoo.comNot Many Are Piling Into SkyWater Technology, Inc. (NASDAQ:SKYT) Just YetApril 17, 2023 | finance.yahoo.comSkyWater Technology to Announce First Quarter Financial Results on May 8, 2023March 31, 2023 | americanbankingnews.comBart L. Zibrowski Sells 5,000 Shares of SkyWater Technology, Inc. (NASDAQ:SKYT) StockMarch 26, 2023 | americanbankingnews.comInsider Selling: SkyWater Technology, Inc. (NASDAQ:SKYT) Major Shareholder Sells $398,300.00 in StockMarch 22, 2023 | americanbankingnews.comThomas Sonderman Sells 3,395 Shares of SkyWater Technology, Inc. (NASDAQ:SKYT) StockMarch 22, 2023 | americanbankingnews.comSkyWater Technology, Inc. (NASDAQ:SKYT) Insider Sells $216,333.81 in StockMarch 21, 2023 | finance.yahoo.comSkyWater Establishes Cryogenic Lab, Utilizes FormFactor’s Leading Tool for RTS Noise Detection in Read-Out Integrated Circuit ApplicationsMarch 14, 2023 | finance.yahoo.comWhile individual investors own 20% of SkyWater Technology, Inc. (NASDAQ:SKYT), private equity firms are its largest shareholders with 47% ownershipMarch 8, 2023 | it.tmcnet.comWeebit Nano ReRAM IP now available in SkyWater Technology's S130 processSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 SKYT Company Calendar Last Earnings5/08/2023Today5/31/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get 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/AEmployees590Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.40 High Stock Price Forecast$25.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+91.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.66) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,590,000.00 Net Margins-11.80% Pretax Margin-10.26% Return on Equity-58.38% Return on Assets-9.43% Debt Debt-to-Equity Ratio0.61 Current Ratio0.88 Quick Ratio0.76 Sales & Book Value Annual Sales$212.94 million Price / Sales2.04 Cash FlowN/A Price / Cash FlowN/A Book Value$1.34 per share Price / Book7.55Miscellaneous Outstanding Shares43,010,000Free Float21,357,000Market Cap$435.26 million OptionableNot Optionable Beta4.53 Key ExecutivesMr. Thomas J. Sonderman (Age 58)Pres, CEO & Director Comp: $818.73kMr. Steve Manko (Age 41)Chief Financial Officer Comp: $614.21kMr. John L. SpicerExec. VP of OperationsDr. Steven Kosier Ph.D.Chief Technology OfficerMr. Jason StokesChief Legal Officer & Gen. CounselMr. Kevin JacksonSr. VP of Corp. Devel.Ms. Amanda R. DanielChief HR OfficerMr. John KentExec. VP of Technology Devel. & Design EnablementMr. Mark LiteckyChief Revenue OfficerDr. Brad Ferguson Ph.D.Chief Gov. Affairs Officer and Sr. VP & GM of SkyWater FloridaMore ExecutivesKey CompetitorsNVENASDAQ:NVECMagnachip SemiconductorNYSE:MXCanaanNASDAQ:CANArterisNASDAQ:AIPAtomeraNASDAQ:ATOMView All CompetitorsInsiders & InstitutionsDevelopments L.L.C. DdkSold 3,158 sharesTotal: $33,159.00 ($10.50/share)JPMorgan Chase & Co.Bought 99,216 shares on 5/18/2023Ownership: 0.240%Advisory Services Network LLCBought 46,407 shares on 5/17/2023Ownership: 0.107%Geode Capital Management LLCBought 18,725 shares on 5/16/2023Ownership: 0.470%State Street CorpSold 3,200 shares on 5/16/2023Ownership: 0.372%View All Insider TransactionsView All Institutional Transactions SKYT Stock - Frequently Asked Questions Should I buy or sell SkyWater Technology stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SkyWater Technology in the last twelve months. There are currently 4 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 forecast for 2023? 4 analysts have issued 1-year price targets for SkyWater Technology's stock. Their SKYT share price forecasts range from $14.00 to $25.00. On average, they predict the company's stock price to reach $19.40 in the next twelve months. This suggests a possible upside of 91.7% 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 at the beginning of the year. Since then, SKYT shares have increased by 42.3% and is now trading at $10.12. 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, August 21st 2023. View our SKYT earnings forecast. How were SkyWater Technology's earnings last quarter? SkyWater Technology, Inc. (NASDAQ:SKYT) released its quarterly earnings results on Monday, May, 8th. The company reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.08. The business earned $66.09 million during the quarter, compared to analysts' expectations of $60.80 million. SkyWater Technology had a negative trailing twelve-month return on equity of 58.38% and a negative net margin of 11.80%. What ETFs hold SkyWater Technology's stock? ETFs with the largest weight of SkyWater Technology (NASDAQ:SKYT) stock in their portfolio include ProShares Smart Materials ETF (TINT).ProShares Nanotechnology ETF (TINY). 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." 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 (1.90%), BlackRock Inc. (1.60%), Emerald Mutual Fund Advisers Trust (1.47%), Two Sigma Investments LP (0.61%), Geode Capital Management LLC (0.47%) and Essex Investment Management Co. LLC (0.42%). 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 $10.12. How much money does SkyWater Technology make? SkyWater Technology (NASDAQ:SKYT) has a market capitalization of $435.26 million and generates $212.94 million in revenue each year. The company earns $-39,590,000.00 in net income (profit) each year or ($0.66) 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 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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