NASDAQ:SKYT SkyWater Technology (SKYT) Stock Price, News & Analysis → Elon Musk Secret Crypto Plot Exposed (From Crypto 101 Media) (Ad) Free SKYT Stock Alerts $7.64 +0.99 (+14.89%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$7.00▼$7.8250-Day Range$6.65▼$12.1952-Week Range$4.73▼$12.97Volume1.32 million shsAverage Volume268,679 shsMarket Capitalization$361.68 millionP/E RatioN/ADividend YieldN/APrice Target$13.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get SkyWater Technology alerts: Email Address SkyWater Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside73.4% Upside$13.25 Price TargetShort InterestHealthy5.76% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.49Based on 16 Articles This WeekInsider TradingSelling Shares$4.60 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.05) to $0.60 Per ShareSee Full Details Hide Full Details 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.3.20 out of 5 starsComputer And Technology Sector278th out of 601 stocksSemiconductors & Related Devices Industry44th out of 88 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.Amount of Analyst CoverageSkyWater Technology has only been the subject of 4 research reports in the past 90 days.Read more about SkyWater Technology's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.76% 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 2.6, 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 16.67%, 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 1.4 News and Social Media Coverage News SentimentSkyWater Technology has a news sentiment score of -0.49. 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 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 16 news articles for SkyWater Technology this week, compared to 2 articles on an average week.Search Interest18 people have searched for SKYT on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added SkyWater Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days. Previous Next 4.2 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 $4,597,107.00 in company stock.Percentage Held by Insiders42.55% 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 Institutions70.00% of the stock of SkyWater Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about SkyWater Technology's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SkyWater Technology are expected to grow in the coming year, from ($0.05) to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SkyWater Technology is -11.40, 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 -11.40, 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 5.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about SkyWater Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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.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 HeadlinesMay 10, 2024 | finance.yahoo.comSkyWater Technology Inc (SKYT) Reports Mixed Q1 2024 Results, Misses Earnings ExpectationsMay 10, 2024 | finance.yahoo.comSkyWater Technology First Quarter 2024 Earnings: EPS Misses ExpectationsMay 10, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 9, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Technology Stocks: Silicon Motion (SIMO), Backblaze (BLZE)May 9, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: TaskUs (TASK), SkyWater Technology (SKYT) and Amtech Systems (ASYS)May 9, 2024 | fool.comSkyWater Technology (SKYT) Q1 2024 Earnings Call TranscriptMay 8, 2024 | investorplace.comSKYT Stock Earnings: SkyWater Technology Misses EPS, Misses Revenue for Q1 2024May 8, 2024 | finance.yahoo.comSkyWater Technology Reports First Quarter 2024 ResultsMay 10, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 7, 2024 | markets.businessinsider.comCraig-Hallum Reaffirms Their Buy Rating on SkyWater Technology (SKYT)May 6, 2024 | americanbankingnews.comSigma Designs (OTCMKTS:SIGM) versus SkyWater Technology (NASDAQ:SKYT) Head-To-Head SurveyMay 6, 2024 | americanbankingnews.comSkyWater Technology (NASDAQ:SKYT) and VIA optronics (NYSE:VIAO) Head-To-Head ReviewMay 1, 2024 | msn.comSkyWater Join Lumotive on Beamforming TechnologyMay 1, 2024 | finance.yahoo.comSkyWater and Lumotive Announce Qualification and Production Start for World’s First Commercially Available Optical Beamforming ChipMay 1, 2024 | businesswire.comSkyWater and Lumotive Announce Qualification and Production Start for World's First Commercially Available Optical Beamforming ChipMay 1, 2024 | americanbankingnews.comSkyWater Technology (SKYT) Scheduled to Post Quarterly Earnings on WednesdayApril 30, 2024 | investorplace.comSpeculative Standouts: 7 ‘Strong Buy' Stocks to Snag for Under $20April 23, 2024 | forbes.comSkyWater Technology Is Lowering Barriers To Advanced Chip PackagingApril 22, 2024 | finance.yahoo.comMarket Sentiment Around Loss-Making SkyWater Technology, Inc. (NASDAQ:SKYT)April 17, 2024 | businesswire.comSkyWater Technology to Announce First Quarter Financial Results on May 8th, 2024April 17, 2024 | investorplace.com3 Stocks Under $10 That Could Make You a Millionaire by 2030April 11, 2024 | investorplace.comWall Street Favorites: 3 Under-$20 Stocks With Strong Buy Ratings for April 2024April 9, 2024 | msn.comSkyWater Technology cancels option on land for $1.8B Indiana chip plantApril 8, 2024 | startribune.comSkyWater Technology cancels option on land for $1.8B Indiana semiconductor plantMarch 31, 2024 | investorplace.comThe Tech Disruptors? 7 Stocks That Demand Your Attention Now.March 29, 2024 | msn.comCapital adequacy ratio of banks inches up in Q4March 29, 2024 | msn.comUPDATE 5-Home Depot bulks up Pro-business with $18.25 bln deal for building products supplier SRSSee 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 Earnings2/26/2024Today5/10/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:SKYT CUSIPN/A CIK1819974 Webwww.skywatertechnology.com Phone952-851-5200FaxN/AEmployees731Year FoundedN/APrice Target and Rating Average Stock Price Target$13.25 High Stock Price Target$15.00 Low Stock Price Target$12.00 Potential Upside/Downside+73.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.67) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-30,760,000.00 Net Margins-10.73% Pretax Margin-8.93% Return on Equity-30.58% Return on Assets-6.30% Debt Debt-to-Equity Ratio0.59 Current Ratio1.02 Quick Ratio0.91 Sales & Book Value Annual Sales$286.68 million Price / Sales1.26 Cash Flow$0.26 per share Price / Cash Flow29.74 Book Value$1.29 per share Price / Book5.92Miscellaneous Outstanding Shares47,340,000Free Float27,196,000Market Cap$361.68 million OptionableOptionable Beta4.18 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Thomas J. Sonderman (Age 60)CEO & Director Comp: $1.19MMr. Ross MillerSenior VP of Commercial and A&D BusinessMr. Paul SuraExecutive Vice President of Technology & Manufacturing OperationsMr. Sudhakar Adivikolanu Ph.D.Senior Vice President of Supply Chain & Information TechnologyKey CompetitorsDSP GroupNASDAQ:DSPGApplied OptoelectronicsNASDAQ:AAOIAdesto TechnologiesNASDAQ:IOTSnLIGHTNASDAQ:LASRNVENASDAQ:NVECView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 11,650 shares on 5/10/2024Ownership: 2.390%Janney Montgomery Scott LLCBought 11,670 shares on 5/1/2024Ownership: 0.025%Whalen Wealth Management Inc.Bought 23,873 shares on 4/25/2024Ownership: 0.050%Arlington Capital Management Inc.Bought 10,515 shares on 4/24/2024Ownership: 0.022%Loren A UnterseherSold 368,709 sharesTotal: $4.48 M ($12.14/share)View All Insider TransactionsView All Institutional Transactions SKYT Stock Analysis - 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 year. 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 target for 2024? 4 equities research analysts have issued 12 month price targets for SkyWater Technology's shares. Their SKYT share price targets range from $12.00 to $15.00. On average, they expect the company's share price to reach $13.25 in the next twelve months. This suggests a possible upside of 73.4% 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 at the beginning of 2024. Since then, SKYT stock has decreased by 20.6% and is now trading at $7.64. 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, August 5th 2024. 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, February, 26th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.12. The company earned $79.15 million during the quarter, compared to the consensus estimate 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%. When did SkyWater Technology IPO? SkyWater Technology (SKYT) raised $75 million in an initial public offering 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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.39%), Whalen Wealth Management Inc. (0.05%), Janney Montgomery Scott LLC (0.02%) and Arlington Capital Management Inc. (0.02%). 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. 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