SkyWater Technology, Inc. (SKYT)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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...

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.

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...

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.

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...

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...

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...

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...

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...

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 ...

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...

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...

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 ...

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...

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...

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...

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...

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...

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, ...

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...

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....