NASDAQ:SKYT SkyWater Technology (SKYT) Stock Forecast, Price & News $5.97 -0.05 (-0.83%) (As of 05:20 PM ET) Add Compare Share Share Today's Range$5.83▼$6.1750-Day Range$5.32▼$10.7252-Week Range$5.30▼$15.99Volume359,906 shsAverage Volume316,147 shsMarket Capitalization$276.29 millionP/E RatioN/ADividend YieldN/APrice Target$19.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media SkyWater Technology MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside227.2% Upside$19.50 Price TargetShort InterestHealthy7.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.76Based on 3 Articles This WeekInsider TradingSelling Shares$1.33 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.60) to ($0.14) 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.2.32 out of 5 starsComputer And Technology Sector269th out of 611 stocksSemiconductors & Related Devices Industry42nd out of 91 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 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.50, SkyWater Technology has a forecasted upside of 227.2% from its current price of $5.96.Amount of Analyst CoverageSkyWater Technology has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.97% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SkyWater Technology has recently decreased by 8.59%, indicating that investor sentiment is improving 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 2.6 News and Social Media Coverage News SentimentSkyWater Technology has a news sentiment score of 0.76. 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 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for SkyWater Technology this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for SKYT on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added SkyWater Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% 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 $1,330,034.00 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 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 ($0.60) to ($0.14) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWater Technology is -11.25, 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 -11.25, 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 4.58. 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, 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYT Stock News HeadlinesSeptember 26, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top Technology Stocks: SkyWater Technology (SKYT), Asure (ASUR)September 26, 2023 | americanbankingnews.comSkyWater 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.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 SummitOctober 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.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 CallAugust 6, 2023 | markets.businessinsider.comWhat Wall Street expects from SkyWater Technology's earningsAugust 3, 2023 | benzinga.com10% Owner of SkyWater Technology Sold $622K In StockJuly 28, 2023 | finance.yahoo.comSkyWater Florida and BRIDG Announce Installation of Nordson’s Leading C-SAM System to Enhance Metrology Capabilities at the Center for NeovationJuly 27, 2023 | seekingalpha.comSkyWater Technology: Expecting A Q2 Results BeatJuly 18, 2023 | finance.yahoo.comPaul Sura to lead Technology and Manufacturing Operations at SkyWaterJuly 11, 2023 | finance.yahoo.comInvesting in SkyWater Technology (NASDAQ:SKYT) a year ago would have delivered you a 19% gainJuly 6, 2023 | finance.yahoo.comSkyWater CEO Thomas Sonderman to Deliver Keynote at SEMICON WestJuly 1, 2023 | finance.yahoo.comSKYT - SkyWater Technology, Inc.June 28, 2023 | finance.yahoo.comWeebit Nano’s ReRAM IP now fully qualified in SkyWater Technology’s S130 processJune 27, 2023 | finance.yahoo.comSkyWater Foundation’s First Annual College Scholarship Program Awards $100,000 in Support of U.S. Workforce DevelopmentJune 13, 2023 | benzinga.comSkyWater Announces Participation in 15th Annual CEO Investor SummitMay 31, 2023 | finance.yahoo.comSKYT- A Cutting-Edge Semiconductor Play with Great Growth PotentialMay 17, 2023 | finance.yahoo.comSkyWater Announces Participation in Upcoming Investor ConferencesSee 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 SKYT Company Calendar Last Earnings8/07/2023Today10/02/2023Next Earnings (Estimated)11/06/2023Fiscal 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/AEmployees706Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-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 Ratio0.55 Current Ratio0.91 Quick Ratio0.79 Sales & Book Value Annual Sales$212.94 million Price / Sales1.30 Cash FlowN/A Price / Cash FlowN/A Book Value$1.30 per share Price / Book4.62Miscellaneous Outstanding Shares46,280,000Free Float22,985,000Market Cap$277.68 million OptionableNot Optionable Beta4.16 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Thomas J. Sonderman (Age 59)Pres, CEO & Director Comp: $504.42kMr. Steve Manko (Age 42)Chief Financial Officer Comp: $324.85kDr. Brad Ferguson Ph.D. (Age 52)Sr. VP of Special Programs & Chief Gov. Affairs Officer Comp: $298.16kDr. 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 MillerSr. VP of Commercial and A&D Bus.Mr. Paul SuraExec. VP of Technology & Manufacturing OperationsMore ExecutivesKey CompetitorsValens SemiconductorNYSE:VLNCanaanNASDAQ:CANMagnachip SemiconductorNYSE:MXApplied OptoelectronicsNASDAQ:AAOISequans CommunicationsNYSE:SQNSView All CompetitorsInsiders & InstitutionsBarclays PLCSold 2,413 shares on 9/21/2023Ownership: 0.008%Wolverine Trading LLCSold 2,400 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Bought 20,008 shares on 8/21/2023Ownership: 0.055%Legato Capital Management LLCBought 42,239 shares on 8/18/2023Ownership: 0.221%Wells Fargo & Company MNSold 2,167 shares on 8/15/2023Ownership: 0.017%View All Insider TransactionsView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SkyWater Technology, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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