SkyWater Technology, Inc. (SKYT)

NASDAQ: SKYT · Real-Time Price · USD
7.06
-0.46 (-6.12%)
At close: Mar 28, 2025, 4:00 PM
7.36
+0.30 (4.22%)
After-hours: Mar 28, 2025, 7:56 PM EDT
-6.12%
Market Cap 338.85M
Revenue (ttm) 342.27M
Net Income (ttm) -6.79M
Shares Out 48.00M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE 376.49
Dividend n/a
Ex-Dividend Date n/a
Volume 502,820
Open 7.50
Previous Close 7.52
Day's Range 6.98 - 7.68
52-Week Range 5.63 - 19.00
Beta 3.38
Analysts Strong Buy
Price Target 12.00 (+69.97%)
Earnings Date May 7, 2025

About SKYT

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that offers 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 for various microelectronics and related micro- and nanotechnology applications; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circui... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 21, 2021
Employees 702
Stock Exchange NASDAQ
Ticker Symbol SKYT
Full Company Profile

Financial Performance

In 2024, SkyWater Technology's revenue was $342.27 million, an increase of 19.39% compared to the previous year's $286.68 million. Losses were -$6.79 million, -77.91% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SKYT stock is "Strong Buy." The 12-month stock price forecast is $12.0, which is an increase of 69.97% from the latest price.

Price Target
$12.0
(69.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SkyWater's Commercially Fabricated Qubits Power D-Wave's Landmark Achievement in Quantum Supremacy

BLOOMINGTON, Minn. & PALO ALTO, Calif.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT, or “SkyWater”), a U.S.-based Trusted technology realization partner, and D-Wave Quantum, Inc. (NYSE: Q...

Other symbols: QBTS
16 days ago - Business Wire

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 Ma...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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 finan...

5 weeks ago - Business Wire

SkyWater Technology to Announce Fourth Quarter Financial Results on February 26, 2025

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology to Announce Fourth Quarter Financial Results on February 26, 2025.

6 weeks ago - Business Wire

SkyWater Technologies: This Semiconductor Player Remains A Great Buy Opportunity

SkyWater Technology is a strong Buy due to its unique TaaS model, government contracts, and customer-funded growth in secure, U.S.-made semiconductors. The company's high-mix, low-volume fabrication s...

2 months ago - Seeking Alpha

China Is Flooding the Market for Vital Semiconductors. Fight Back or Risk National Security.

DeepSeek's advancements should be a clarion call about the stakes of the AI arms race, SkyWater CEO Thomas Sonderman writes in a guest commentary.

2 months ago - Barrons

SkyWater Announces ThermaView℠ Solutions to Strengthen Domestic Support for High Performance Thermal Imaging

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted partner in technology realization, today announced the launch of ThermaView℠ Solutions, a complete suite of service...

2 months ago - Business Wire

SkyWater Technology to Present at the 27th Annual Needham Growth Conference

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that management is scheduled to participate in the 27th Annual Need...

2 months ago - Business Wire

SkyWater Announces Proposed CHIPS Funding to Enhance Domestic Semiconductor Production and Capabilities

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that it has signed a preliminary memorandum of terms (PMT) valued at up t...

4 months ago - Business Wire

SkyWater Technology Enhances Financial Flexibility with Amended Loan and Security Agreement

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the execution of an amendment to its Loan and Security Agreement wi...

4 months ago - Business Wire

Quantum-Si Expands Collaboration with SkyWater to Develop New Chip Production Process Critical for Groundbreaking New Proteomics Platform

BRANFORD, Conn. & BLOOMINGTON, Minn.--(BUSINESS WIRE)--Quantum-Si Incorporated (Nasdaq: QSI) (“Quantum-Si,” “QSI” or the “Company”), The Protein Sequencing Company™ and SkyWaterTechnology (NASDAQ: SKY...

Other symbols: QSI
4 months ago - Business Wire

SkyWater Announces Participation in 13th Annual NYC Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will be joining 17 other companies in collectively hosting ...

4 months ago - Business Wire

SkyWater Technology: Cautious As Performance Remains Inconsistent

SkyWater Technology, Inc. shows impressive topline growth, but growth remains inconsistent, and real profitability is still elusive. The company's valuation is modest, trading at just over 1 times sal...

4 months ago - Seeking Alpha

SkyWater Technology, Inc. (SKYT) Q3 2024 Earnings Call Transcript

SkyWater Technology, Inc. (NASDAQ:SKYT) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Tom Sonderman - President & CEO Steve Manko - CFO Claire McAdams - IR Confere...

4 months ago - Seeking Alpha

SkyWater Technology Reports Third Quarter 2024 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter 2024 ended September ...

5 months ago - Business Wire

SkyWater Technology to Announce Third Quarter Financial Results on November 7, 2024

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it will report its fiscal third quarter 2024 financial results...

6 months ago - Business Wire

SkyWater Names Bassel Haddad as Sr. Vice President and General Manager of Advanced Packaging

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Bassel Haddad as senior vice president and gener...

6 months ago - Business Wire

SkyWater Announces Participation in Upcoming Investor Conferences

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that company management is scheduled to participate in three invest...

8 months ago - Business Wire

SkyWater Technology: Impressive Top-Line Results

SkyWater Technology, Inc. shares surged in response to strong second quarter results, as the company has reached break-even levels. The company is on track to become profitable and expects to maintain...

8 months ago - Seeking Alpha

SkyWater Technology, Inc. (SKYT) Q2 2024 Earnings Call Transcript

SkyWater Technology, Inc. (NASDAQ:SKYT) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Claire McAdams - IR Thomas Sonderman - CEO Steve Manko - CFO Conference Call Pa...

8 months ago - Seeking Alpha

SkyWater Technology Reports Second Quarter 2024 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter 2024 ended June 30, ...

8 months ago - Business Wire

SkyWater Announces Enhanced Capabilities with Multibeam's First in Industry High Productivity Multicolumn E-Beam Lithography System

BLOOMINGTON, Minn. & SANTA CLARA, Calif.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT) announced today that it has received from Multibeam Corp., a first-of-a-kind Multicolumn E-Beam Lithograph...

8 months ago - Business Wire

Travel Confidently with Flygreen Amid Industry Challenges

MONTREAL--(BUSINESS WIRE)--As uncertainty and disruptions continue to impact Canadian travellers, Flygreen, a Montreal-based private aviation charter company, offers reliable and seamless performance....

Other symbols: EVGO
8 months ago - Business Wire