SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · IEX Real-Time Price · USD
7.91
-0.34 (-4.12%)
At close: Jul 17, 2024, 4:00 PM
8.00
+0.08 (1.07%)
After-hours: Jul 17, 2024, 5:29 PM 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 67.51% from the current stock price of 7.91.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $13.25 $14 $15
Change +51.71% +67.51% +76.99% +89.63%
* 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111333
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222444

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 +51.71% May 9, 2024
Needham
Needham
Strong Buy
Maintains
$15$12
Strong Buy Maintains $15$12 +51.71% May 9, 2024
Needham
Needham
Strong Buy
Maintains
$13$15
Strong Buy Maintains $13$15 +89.63% Feb 27, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$9$14
Buy Maintains $9$14 +76.99% Feb 27, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$18$9
Buy Maintains $18$9 +13.78% Nov 9, 2023
More Analyst Ratings

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
Year 201920202021202220232024202520262027
Revenue
136.73M140.44M162.85M212.94M286.68M341.25M377.91M402.65M421.77M
Revenue Growth
-2.72%15.96%30.76%34.63%19.03%10.74%6.55%4.75%
EPS
-0.91-1.15-1.76-0.97-0.68-0.350.040.120.29
EPS Growth
-------172.73%133.33%
Forward PE
------176.2564.6227.70
No. Analysts -----7733
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 2024202520262027
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 2024202520262027
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.