SkyWater Technology, Inc. (SKYT)

NASDAQ: SKYT · IEX Real-Time Price · USD
17.44
-0.44 (-2.46%)
At close: Aug 19, 2022 4:00 PM
17.53
+0.09 (0.52%)
After-hours: Aug 19, 2022 7:39 PM EDT
-2.46%
Market Cap 705.53M
Revenue (ttm) 162.85M
Net Income (ttm) -50.70M
Shares Out 40.45M
EPS (ttm) -1.69
PE Ratio n/a
Forward PE 222.22
Dividend n/a
Ex-Dividend Date n/a
Volume 292,647
Open 17.88
Previous Close 17.88
Day's Range 17.04 - 17.99
52-Week Range 4.43 - 36.80
Beta n/a
Analysts Buy
Price Target 18.36 (+5.3%)
Earnings Date Aug 15, 2022

About SKYT

SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. 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, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial... [Read more...]

Industry Semiconductors
IPO Date Apr 21, 2021
Employees 590
Stock Exchange NASDAQ
Ticker Symbol SKYT
Full Company Profile

Financial Performance

In 2021, SKYT's revenue was $162.85 million, an increase of 15.96% compared to the previous year's $140.44 million. Losses were -$50.70 million, 145.9% more than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SKYT stock is "Buy." The 12-month stock price forecast is 18.36, which is an increase of 5.28% from the latest price.

Price Target
$18.36
(5.28% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SkyWater Names Supplier Excellence Award Recipients

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its first supplier excellence awards by recognizing top performers se...

NanoDx and SkyWater Announce First Commercially Ready Nano Biosensor to Yield Protein Response

BOSTON & BLOOMINGTON, Minn.--(BUSINESS WIRE)--NanoDx, Inc., a developer of breakthrough point-of-care diagnostic solutions and SkyWater Technology (NASDAQ: SKYT), the trusted technology realization part...

Why SkyWater Stock Is Soaring Today

Investors were pleased with the company's latest financial results.

SkyWater Technology Announces Participation in Upcoming Investor Conferences

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

SkyWater Technology Reports Second Quarter 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the second quarter of 2022, ended July 3, 2022....

SkyWater Applauds President Biden's Signing of CHIPS Act to Stimulate U.S. Semiconductor Production

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, praises President Joe Biden's signing of the CHIPS and Science Act of 2022 into law i...

SkyWater Joins the American Semiconductor Innovation Coalition, Serves on Governance Team to Support Domestic Needs f...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its membership in the American Semiconductor Innovation Coalition (AS...

SkyWater President and CEO Thomas Sonderman Congratulates Florida Members of Congress

KISSIMMEE, Fla.--(BUSINESS WIRE)---- $SKYT #CHIPSAct--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today thanked Congress for passing the CHIPS and Science Act of 2022...

SkyWater President and CEO Thomas Sonderman Congratulates Minnesota Members of Congress

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $SKYT #CHIPSAct--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today thanked Congress for passing the CHIPS and Science Act of 2...

SkyWater President and CEO Thomas Sonderman Congratulates Indiana Members of Congress

WEST LAFAYETTE, Ind.--(BUSINESS WIRE)---- $SKYT #CHIPSAct--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today thanked Congress for passing the CHIPS and Science Act of...

Google and U.S. chip maker SkyWater expand open source chip design platform

U.S. chip manufacturer SkyWater Technology Inc and Alphabet Inc's Google Public Sector announced on Thursday they are expanding an open source platform to design chips that can be made in SkyWater's Min...

Other symbols: GOOGGOOGL

SkyWater Receives Funding from DOD, Partners with Google to Facilitate Open Source Design for its new 90 nm Technolog...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced it is receiving $15 million in funding from the Department of Defense...

SkyWater Technology to Announce Second Quarter 2022 Financial Results on August 15th

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report second quarter fiscal 2022 financial result...

SkyWater Plans to Build Advanced $1.8B Semiconductor Manufacturing Facility in Partnership with the State of Indiana ...

BLOOMINGTON, Minn. & WEST LAFAYETTE, Ind.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced its plans to build a $1.8 billion U.S. semicon...

U.S. Department of Defense Awards SkyWater a $27M Option to Facilitate American-Made Semiconductors Critical to Natio...

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the Department of Defense (DOD) is funding a $27 million Other Transa...

SkyWater Technology Announces Participation in 14th Annual CEO Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced management's participation in the 14th Annual CEO Summit investor con...

SkyWater Announces Availability of SRAM Memory Compiler for 90 nm Strategic Rad Hard by Process Offering

BLOOMINGTON, Minn. & SEATTLE--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced a new component of its RH90 IP ecosystem to enable 90 nm st...

The 3 Best Micro-Cap Stocks to Buy for June 2022

Although even the best micro-cap stocks to buy are risky, that they tend to not draw attention, which could be a positive factor right now. The post The 3 Best Micro-Cap Stocks to Buy for June 2022 appe...

Other symbols: AMSCDS

SkyWater Enters License Agreement with Xperi for Hybrid Bonding Technology

KISSIMMEE, Fla. & SAN JOSE, Calif.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, and Adeia, the newly launched brand for the IP licensing business of ...

Other symbols: XPER

SkyWater Announces Upcoming Investor Events

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

SkyWater CEO Thomas Sonderman Is Keynote Speaker at First U.S. International Semiconductor Executive Summit

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that Thomas Sonderman, the company's president and CEO, will be a key...

SkyWater Technology Reports First Quarter 2022 Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter of 2022, ended April 3, 2022....

SkyWater Technology to Webcast First Quarter Fiscal 2022 Financial Results

BLOOMINGTON, Minn.--(BUSINESS WIRE)---- $SKYT #madeintheusa--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that it intends to report first quarter fisca...

SkyWater Florida Achieves ISO 9001:2015 Quality Management System Certification

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced that its Florida facility has achieved ISO 9001: 2015 Quality Managem...

QuickLogic Announces First Rad-Hard eFPGA IP for SkyWater RH90 Process

SAN JOSE, Calif. and BLOOMINGTON, Minn.

Other symbols: QUIK