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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
5 Dividend Kings Stocks to Load Up on Now
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
NASDAQ:SKYT

SkyWater Technology (SKYT) Stock Price, News & Analysis

$10.45
+0.28 (+2.75%)
(As of 03/27/2024 ET)
Today's Range
$10.05
$10.54
50-Day Range
$8.43
$12.19
52-Week Range
$4.73
$12.97
Volume
267,712 shs
Average Volume
619,600 shs
Market Capitalization
$494.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.67

SkyWater Technology MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.4% Upside
$14.67 Price Target
Short Interest
Healthy
13.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of SkyWater Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$4.98 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Computer And Technology Sector

230th out of 588 stocks

Semiconductors & Related Devices Industry

30th out of 87 stocks

SKYT stock logo

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, manufacturing, and packaging services in the United States. 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, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors. The company was incorporated in 2016 and is headquartered in Bloomington, Minnesota.

SKYT Stock Price History

SKYT Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
SKYT SkyWater Technology, Inc.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Q4 2023 Skywater Technology Inc Earnings Call
SkyWater Technology earnings: here's what Wall Street expects
SKYT Mar 2024 10.000 put
SKYT Mar 2024 12.500 call
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Today
3/27/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:SKYT
Fax
N/A
Employees
731
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.67
High Stock Price Target
$15.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+40.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-30,760,000.00
Pretax Margin
-8.93%

Debt

Sales & Book Value

Annual Sales
$286.68 million
Cash Flow
$0.36 per share
Book Value
$1.29 per share

Miscellaneous

Free Float
23,479,000
Market Cap
$494.08 million
Optionable
Optionable
Beta
4.35
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Key Executives

  • Mr. Thomas J. SondermanMr. Thomas J. Sonderman (Age 60)
    CEO & Director
    Comp: $504.42k
  • Mr. Steve  MankoMr. Steve Manko (Age 43)
    Chief Financial Officer
    Comp: $324.85k
  • Dr. Brad Ferguson Ph.D. (Age 53)
    Senior Vice President of Special Programs & Chief Government Affairs Officer
    Comp: $298.16k
  • Mr. John Sakamoto (Age 56)
    President & COO
  • Mr. Christopher Hilberg (Age 49)
    Chief Legal Officer, General Counsel & Secretary
  • Ms. Laura Lorenz
    Senior Vice President of Human Resources
  • Mr. Ross Miller
    Senior VP of Commercial and A&D Business
  • Mr. Paul Sura
    Executive Vice President of Technology & Manufacturing Operations
  • Mr. Sudhakar Adivikolanu Ph.D.
    Senior Vice President of Supply Chain & Information Technology

SKYT Stock Analysis - Frequently Asked Questions

Should I buy or sell SkyWater Technology stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SkyWater Technology in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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?

3 brokers have issued 1-year target prices for SkyWater Technology's stock. Their SKYT share price targets range from $14.00 to $15.00. On average, they predict the company's stock price to reach $14.67 in the next twelve months. This suggests a possible upside of 40.4% 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 2024?

SkyWater Technology's stock was trading at $9.62 on January 1st, 2024. Since then, SKYT shares have increased by 8.6% and is now trading at $10.45.
View the best growth stocks for 2024 here
.

When is SkyWater Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 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 Monday, February, 26th. The company reported ($0.05) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.12. The company had revenue of $79.15 million for the quarter, compared to analysts' expectations of $74.90 million. SkyWater Technology had a negative net margin of 10.73% and a negative trailing twelve-month return on equity of 30.58%.

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?

SkyWater Technology (SKYT) raised $75 million in an initial public offering (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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (2.43%), Vanguard Group Inc. (2.43%), Baillie Gifford & Co. (2.05%), TCG Advisory Services LLC (0.46%), Northern Trust Corp (0.34%) and Charles Schwab Investment Management Inc. (0.32%). Insiders that own company stock include Amanda Daniel, Bart L Zibrowski, Bradley Ferguson, Christopher Hilberg, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SKYT) was last updated on 3/28/2024 by MarketBeat.com Staff

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