SKYT vs. PL, HIMX, COMM, AAOI, NVTS, BELFA, JKS, PENG, NSSC, and SEDG
Should you be buying SkyWater Technology stock or one of its competitors? The main competitors of SkyWater Technology include Planet Labs PBC (PL), Himax Technologies (HIMX), CommScope (COMM), Applied Optoelectronics (AAOI), Navitas Semiconductor (NVTS), Bel Fuse (BELFA), JinkoSolar (JKS), Penguin Solutions (PENG), NAPCO Security Technologies (NSSC), and SolarEdge Technologies (SEDG). These companies are all part of the "electronic equipment" industry.
SkyWater Technology vs. Its Competitors
Planet Labs PBC (NYSE:PL) and SkyWater Technology (NASDAQ:SKYT) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, analyst recommendations, dividends and media sentiment.
SkyWater Technology has higher revenue and earnings than Planet Labs PBC. SkyWater Technology is trading at a lower price-to-earnings ratio than Planet Labs PBC, indicating that it is currently the more affordable of the two stocks.
Planet Labs PBC currently has a consensus price target of $6.71, indicating a potential downside of 1.63%. SkyWater Technology has a consensus price target of $11.67, indicating a potential upside of 7.97%. Given SkyWater Technology's stronger consensus rating and higher possible upside, analysts clearly believe SkyWater Technology is more favorable than Planet Labs PBC.
In the previous week, Planet Labs PBC had 13 more articles in the media than SkyWater Technology. MarketBeat recorded 19 mentions for Planet Labs PBC and 6 mentions for SkyWater Technology. SkyWater Technology's average media sentiment score of 0.17 beat Planet Labs PBC's score of 0.05 indicating that SkyWater Technology is being referred to more favorably in the news media.
SkyWater Technology has a net margin of -2.60% compared to Planet Labs PBC's net margin of -42.58%. SkyWater Technology's return on equity of -8.52% beat Planet Labs PBC's return on equity.
41.7% of Planet Labs PBC shares are owned by institutional investors. Comparatively, 70.0% of SkyWater Technology shares are owned by institutional investors. 18.9% of Planet Labs PBC shares are owned by company insiders. Comparatively, 37.8% of SkyWater Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Planet Labs PBC has a beta of 1.8, indicating that its share price is 80% more volatile than the S&P 500. Comparatively, SkyWater Technology has a beta of 3.4, indicating that its share price is 240% more volatile than the S&P 500.
Summary
SkyWater Technology beats Planet Labs PBC on 12 of the 16 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SKYT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
SkyWater Technology Competitors List
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This page (NASDAQ:SKYT) was last updated on 7/4/2025 by MarketBeat.com Staff
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