SkyWater Technology, Inc. (SKYT)

NASDAQ: SKYT · IEX Real-Time Price · USD
8.68
+0.05 (0.58%)
Apr 19, 2024, 9:47 AM EDT - Market open
0.58%
Market Cap 406.76M
Revenue (ttm) 286.68M
Net Income (ttm) -30.76M
Shares Out 47.02M
EPS (ttm) -0.68
PE Ratio n/a
Forward PE 121.02
Dividend n/a
Ex-Dividend Date n/a
Volume 25,216
Open 8.50
Previous Close 8.63
Day's Range 8.50 - 8.68
52-Week Range 4.73 - 12.97
Beta 4.28
Analysts Strong Buy
Price Target 14.50 (+67.05%)
Earnings Date May 8, 2024

About SKYT

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of 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; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aeros... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Apr 21, 2021
Employees 731
Stock Exchange NASDAQ
Ticker Symbol SKYT
Full Company Profile

Financial Performance

In 2023, SKYT's revenue was $286.68 million, an increase of 34.63% compared to the previous year's $212.94 million. Losses were -$30.76 million, -22.32% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SKYT stock is "Strong Buy." The 12-month stock price forecast is $14.5, which is an increase of 67.05% from the latest price.

Price Target
$14.5
(67.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SkyWater Technology to Announce First Quarter Financial Results on May 8th, 2024

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

1 day ago - Business Wire

SkyWater Expands Board of Directors with Appointment of Dennis Goetz and Joseph Humke

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of two accomplished professionals to its board of d...

6 weeks ago - Business Wire

SkyWater Technology Reports Fourth Quarter and Full Fiscal Year 2023 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...

7 weeks ago - Business Wire

SkyWater Signs Production Agreement with Nautilus Biotechnology to Fabricate Novel Biomedical Devices

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it has signed a production agreement with Nautilus Biotechnology, I...

2 months ago - Business Wire

SkyWater Technology to Announce Fourth Quarter Financial Results on February 26, 2024

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report fourth quarter fiscal 2023 financial resu...

2 months ago - Business Wire

SkyWater Florida and Deca Technologies Announce $120M DOD Award to Expand Advanced Packaging Capabilities in Osceola County, Florida

KISSIMMEE, Fla.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, and Deca Technologies (Deca), a leading provider of advanced electronic interconnect t...

3 months ago - Business Wire

SkyWater Technology Announces Participation in 26th 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 26th Annual Need...

3 months ago - Business Wire

SkyWater Submits Application for U.S. CHIPS and Science Act Funding to Modernize Equipment and Enhance Production at its Minnesota Facility

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it has submitted a full application to the CHIPS Program Office of ...

3 months ago - Business Wire

SkyWater Technology Announces Participation in 12th Annual NYC Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 12th Annual NYC Summit, being hel...

5 months ago - Business Wire

SkyWater Technology Reports Third Quarter 2023 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the third quarter of 2023, ended Octobe...

5 months ago - Business Wire

SkyWater Announces Availability of Cadence Open-Source PDK and Reference Design for SkyWater's 130 nm Process

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, (Nasdaq: SKYT), the trusted technology realization partner today announced a new SkyWater open-source 130 nm process design kit (PDK) from Cad...

6 months ago - Business Wire

SkyWater Technology to Announce Third Quarter Financial Results on November 8, 2023

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report third quarter fiscal 2023 financial resul...

6 months ago - Business Wire

SkyWater Appoints John Sakamoto as President and Chief Operating Officer

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that John Sakamoto will be joining the company as president and chief ope...

7 months ago - Business Wire

SkyWater Installs Atomic Layer Deposition System for Development and Production of Advanced Technologies

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it will offer customers a new semiconductor processing tool for ato...

8 months ago - Business Wire

SkyWater Announces Appointment of Retired U.S. Army General Edward M. Daly to its Board of Directors

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of General (U.S. Army retired) Edward M. Daly to it...

8 months ago - Business Wire

SkyWater Technology to Participate in Jefferies Semiconductor, IT Hardware & Communications Technology Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its participation in the annual Jefferies semiconductor conference ...

8 months ago - Business Wire

SkyWater Technology Reports Second Quarter 2023 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2023, ended July 2, 202...

9 months ago - Business Wire

SkyWater Florida and BRIDG Announce Installation of Nordson's Leading C-SAM System to Enhance Metrology Capabilities at the Center for Neovation

OSCEOLA COUNTY, Fla.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner and BRIDG, a not-for-profit, public-private-partnership for the fabrication of mic...

9 months ago - Business Wire

Paul Sura to lead Technology and Manufacturing Operations at SkyWater

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced Paul Sura has joined the company as executive vice president to lea...

9 months ago - Business Wire

SkyWater Technology to Announce Second Quarter Financial Results on August 7, 2023

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report second quarter fiscal 2023 financial resu...

9 months ago - Business Wire

SkyWater CEO Thomas Sonderman to Deliver Keynote at SEMICON West

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its President and CEO, Thomas Sonderman will provide a keynote at S...

10 months ago - Business Wire

Weebit Nano's ReRAM IP now fully qualified in SkyWater Technology's S130 process

Achievement attests to quality, reliability and repeatability of Weebit's embedded IP for use in customer production chips Achievement attests to quality, reliability and repeatability of Weebit's emb...

10 months ago - GlobeNewsWire

SkyWater Foundation's First Annual College Scholarship Program Awards $100,000 in Support of U.S. Workforce Development

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced 10 recipients have been selected by Scholarship America to receive ...

10 months ago - Business Wire

Top 5 Tech Stocks You'll Regret Missing In Q2

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CRSRIVACMEISEDG
10 months ago - Benzinga

SkyWater Announces Participation in 15th Annual CEO Investor Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 15th Annual CEO Investor Summit, ...

11 months ago - Business Wire