SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · Real-Time Price · USD
8.61
+0.24 (2.81%)
Nov 21, 2024, 3:49 PM EST - Market open
SkyWater Technology Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SkyWater Technology stock have an average target of 12.75, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 48.17% from the current stock price of 8.61.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 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 | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +39.45% | Nov 11, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $9 → $12 | Buy | Maintains | $9 → $12 | +39.45% | Oct 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $14 → $9 | Buy | Maintains | $14 → $9 | +4.59% | Aug 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $12 | Strong Buy | Maintains | $16 → $12 | +39.45% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +39.45% | May 9, 2024 |
Financial Forecast
Revenue This Year
351.05M
from 286.68M
Increased by 22.45%
Revenue Next Year
349.64M
from 351.05M
Decreased by -0.40%
EPS This Year
-0.11
from -0.68
EPS Next Year
0.08
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 364.8M | 398.0M | 445.7M | |
| Avg | 351.1M | 349.6M | 396.0M | |
| Low | 334.0M | 318.8M | 343.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.2% | 13.4% | 27.5% | |
| Avg | 22.5% | -0.4% | 13.3% | |
| Low | 16.5% | -9.2% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.07 | 0.16 | 0.16 | |
| Avg | -0.11 | 0.08 | 0.07 | |
| Low | -0.13 | -0.04 | -0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 108.7% | |
| Avg | - | - | -5.4% | |
| Low | - | - | - |
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.