SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · IEX Real-Time Price · USD
7.26
-0.38 (-4.97%)
At close: Jul 19, 2024, 4:00 PM
7.21
-0.05 (-0.69%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
SkyWater Technology Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SkyWater Technology stock have an average target of 13.25, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 82.51% from the current stock price of 7.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $12 | Strong Buy | Maintains | $16 → $12 | +65.29% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +65.29% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +106.61% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $9 → $14 | Buy | Maintains | $9 → $14 | +92.84% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $9 | Buy | Maintains | $18 → $9 | +23.97% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
341.25M
from 286.68M
Increased by 19.03%
Revenue Next Year
377.91M
from 341.25M
Increased by 10.74%
EPS This Year
-0.35
from -0.68
EPS Next Year
0.04
from -0.35
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 353.8M | 393.2M | 414.5M | 434.2M |
| Avg | 341.3M | 377.9M | 402.7M | 421.8M |
| Low | 327.0M | 357.7M | 386.9M | 405.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.4% | 15.2% | 9.7% | 7.8% |
| Avg | 19.0% | 10.7% | 6.5% | 4.7% |
| Low | 14.1% | 4.8% | 2.4% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.27 | 0.27 | 0.13 | 0.29 |
| Avg | -0.35 | 0.04 | 0.12 | 0.29 |
| Low | -0.40 | -0.18 | 0.12 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 180.7% | 140.2% |
| Avg | - | - | 172.7% | 133.3% |
| Low | - | - | 162.0% | 124.2% |
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.