SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · IEX Real-Time Price · USD
8.67
+0.56 (6.91%)
At close: May 17, 2024, 4:00 PM
8.56
-0.11 (-1.27%)
After-hours: May 17, 2024, 7:49 PM EDT
SkyWater Technology Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SkyWater Technology stock have an average target of 13.25, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 52.83% from the current stock price of 8.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SKYT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 3 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $12 | Strong Buy | Maintains | $16 → $12 | +38.41% | May 9, 2024 |
Needham | Needham | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +38.41% | May 9, 2024 |
Needham | Needham | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +73.01% | Feb 27, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $9 → $14 | Buy | Maintains | $9 → $14 | +61.48% | Feb 27, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $18 → $9 | Buy | Maintains | $18 → $9 | +3.81% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
337.34M
from 286.68M
Increased by 17.67%
Revenue Next Year
380.90M
from 337.34M
Increased by 12.91%
EPS This Year
0.07
from -0.68
EPS Next Year
0.55
from 0.07
Increased by 665.84%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 350.5M | 405.5M |
Avg | 337.3M | 380.9M |
Low | 320.1M | 357.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 22.3% | 20.2% |
Avg | 17.7% | 12.9% |
Low | 11.6% | 6.0% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.14 | 0.80 |
Avg | 0.07 | 0.55 |
Low | 0.01 | 0.40 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | 1,013.7% |
Avg | - | 665.8% |
Low | - | 452.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.