SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · IEX Real-Time Price · USD
8.62
-0.01 (-0.12%)
Apr 19, 2024, 1:29 PM EDT - Market open
SkyWater Technology Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SkyWater Technology stock have an average target of 14.5, with a low estimate of 14 and a high estimate of 15. The average target predicts an increase of 68.21% from the current stock price of 8.62.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 27, 2024.
Analyst Ratings
The average analyst rating for SKYT stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +74.01% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $9 → $14 | Buy | Maintains | $9 → $14 | +62.41% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $9 | Buy | Maintains | $18 → $9 | +4.41% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Maintains $25 → $13 | Strong Buy | Maintains | $25 → $13 | +50.81% | Nov 9, 2023 |
| Needham | Needham | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +190.02% | Mar 27, 2023 |
Financial Forecast
Revenue This Year
337.34M
from 286.68M
Increased by 17.67%
Revenue Next Year
380.90M
from 337.34M
Increased by 12.91%
EPS This Year
0.07
from -0.68
EPS Next Year
0.55
from 0.07
Increased by 665.84%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 350.5M | 405.5M |
| Avg | 337.3M | 380.9M |
| Low | 320.1M | 357.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 22.3% | 20.2% |
| Avg | 17.7% | 12.9% |
| Low | 11.6% | 6.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.14 | 0.80 |
| Avg | 0.07 | 0.55 |
| Low | 0.01 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 1,013.7% |
| Avg | - | 665.8% |
| Low | - | 452.5% |
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.