SKYT icon

SkyWater Technology

7.70 USD
-0.54
6.55%
At close Mar 10, 4:00 PM EDT
After hours
7.46
-0.24
3.12%
1 day
-6.55%
5 days
-4.47%
1 month
-20.70%
3 months
-15.48%
6 months
-16.21%
Year to date
-42.84%
1 year
-30.51%
5 years
-56.60%
10 years
-56.60%
 

About: SkyWater Technology Inc is a U.S.-based, independent, pure-play technology foundry that offers semiconductor development and manufacturing services from its fabrication facilities. In its technology as a service model, it leverages a foundation of proprietary technology, engineering to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Technology Services for diverse microelectronics (integrated circuits) and related micro- and nanotechnology applications. It focuses on serving diversified, high-growth, end users in numerous vertical markets, including computation, aerospace and defense (A&D), automotive and transportation, bio-health, and industrial.

Employees: 731

0
Funds holding %
of 7,363 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

170% more call options, than puts

Call options by funds: $16.2M | Put options by funds: $6.02M

60% more capital invested

Capital invested by funds: $114M [Q3] → $184M (+$69.1M) [Q4]

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

14% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 37

12% more funds holding

Funds holding: 125 [Q3] → 140 (+15) [Q4]

1.37% more ownership

Funds ownership: 26.55% [Q3] → 27.91% (+1.37%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$12
56%
upside
Avg. target
$12
56%
upside
High target
$12
56%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Needham
Quinn Bolton
33% 1-year accuracy
47 / 143 met price target
56%upside
$12
Buy
Reiterated
27 Feb 2025

Financial journalist opinion

Based on 12 articles about SKYT published over the past 30 days

Positive
Zacks Investment Research
5 days ago
SkyWater Technology, Inc. (SKYT) Is a Trending Stock: Facts to Know Before Betting on It
SkyWater Technology (SKYT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SkyWater Technology, Inc. (SKYT) Is a Trending Stock: Facts to Know Before Betting on It
Positive
Zacks Investment Research
1 week ago
Is SkyWater Technology (SKYT) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Is SkyWater Technology (SKYT) a Buy as Wall Street Analysts Look Optimistic?
Neutral
Seeking Alpha
1 week ago
SkyWater Technology, Inc. (SKYT) Q4 2024 Earnings Call Transcript
SkyWater Technology, Inc. (NASDAQ:SKYT ) Q4 2024 Earnings Call February 26, 2025 8:30 AM ET Company Participants Claire McAdams - Investor Relations Thomas Sonderman - Chief Executive Officer Steve Manko - Chief Financial Officer Conference Call Participants Krish Sankar - TD Cowen Harsh Kumar - Piper Sandler Richard Shannon - Craig-Hallum Operator Good morning. My name is Aaron, and I will be your conference operator for today.
SkyWater Technology, Inc. (SKYT) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 week ago
SkyWater Technology, Inc. (SKYT) Beats Q4 Earnings and Revenue Estimates
SkyWater Technology, Inc. (SKYT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.02 per share a year ago.
SkyWater Technology, Inc. (SKYT) Beats Q4 Earnings and Revenue Estimates
Neutral
Business Wire
1 week ago
SkyWater to Acquire Infineon's Austin Fab and Establish Strategic Partnership to Expand U.S. Foundry Capacity for Foundational Chips
BLOOMINGTON, Minn. & MUNICH, Germany--(BUSINESS WIRE)--SkyWater Technology (Nasdaq: SKYT) has entered into an agreement with Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) for SkyWater to purchase Infineon's 200 mm fab in Austin, Texas (“Fab 25”) and a corresponding long-term supply agreement. SkyWater will operate the fab as a foundry, increasing available capacity in the U.S. for foundational chips on nodes from 130 nanometers down to 65 nanometers that are critical for many industrial, a.
SkyWater to Acquire Infineon's Austin Fab and Establish Strategic Partnership to Expand U.S. Foundry Capacity for Foundational Chips
Neutral
Business Wire
1 week ago
SkyWater Technology Reports Fourth Quarter and Full Fiscal Year 2024 Results
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the fourth quarter and full fiscal year 2024 ended December 29, 2024. Financial Highlights for Q4 2024: Revenue decreased (5)% year-over-year to $75.5 million. Gross margin increased to 25.6% on a GAAP basis, compared to 15.2% in Q4 2023, and increased to 26.6% on a non-GAAP basis, compared to 17.4% in Q4 2023. Net loss to shareholders.
SkyWater Technology Reports Fourth Quarter and Full Fiscal Year 2024 Results
Neutral
Zacks Investment Research
2 weeks ago
Why SkyWater Technology, Inc. (SKYT) Dipped More Than Broader Market Today
In the closing of the recent trading day, SkyWater Technology, Inc. (SKYT) stood at $10.39, denoting a -1.42% change from the preceding trading day.
Why SkyWater Technology, Inc. (SKYT) Dipped More Than Broader Market Today
Neutral
Business Wire
2 weeks ago
SkyWater Technology Announces Earlier Availability of Fourth Quarter Financial Results and Webcast
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced earlier availability of its fourth quarter and full year 2024 financial results. With several companies in the semiconductor industry reporting Wednesday afternoon, February 26th, the company has rescheduled its financial report and webcast to precede market open on that same day, and at the same webcast link provided earlier. SkyWater Technology Fiscal Fourth Qua.
SkyWater Technology Announces Earlier Availability of Fourth Quarter Financial Results and Webcast
Neutral
Zacks Investment Research
3 weeks ago
Brokers Suggest Investing in SkyWater Technology (SKYT): Read This Before Placing a Bet
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Brokers Suggest Investing in SkyWater Technology (SKYT): Read This Before Placing a Bet
Negative
Zacks Investment Research
3 weeks ago
SkyWater Technology, Inc. (SKYT) Suffers a Larger Drop Than the General Market: Key Insights
In the closing of the recent trading day, SkyWater Technology, Inc. (SKYT) stood at $9.27, denoting a -0.43% change from the preceding trading day.
SkyWater Technology, Inc. (SKYT) Suffers a Larger Drop Than the General Market: Key Insights
Charts implemented using Lightweight Charts™