SkyWater TechnologySKYT
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
278% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 9
64% more call options, than puts
Call options by funds: $3.13M | Put options by funds: $1.9M
33% more capital invested
Capital invested by funds: $86.2M [Q2] → $114M (+$28.2M) [Q3]
21% more funds holding
Funds holding: 103 [Q2] → 125 (+22) [Q3]
2.75% more ownership
Funds ownership: 23.79% [Q2] → 26.55% (+2.75%) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Quinn Bolton 51% 1-year accuracy 67 / 131 met price target | 4%upside $12 | Buy Reiterated | 11 Nov 2024 |
Piper Sandler Harsh Kumar 53% 1-year accuracy 19 / 36 met price target | 4%upside $12 | Overweight Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 10 articles about SKYT published over the past 30 days
