SkyWater Technology, Inc. (SKYT)
NASDAQ: SKYT · Real-Time Price · USD
9.98
+0.26 (2.67%)
At close: Oct 22, 2024, 4:00 PM
10.02
+0.04 (0.40%)
After-hours: Oct 22, 2024, 5:46 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 12, with a low estimate of 9.00 and a high estimate of 15. The average target predicts an increase of 20.24% from the current stock price of 9.98.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $14 → $9 | Buy | Maintains | $14 → $9 | -9.82% | Aug 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $16 → $12 | Strong Buy | Maintains | $16 → $12 | +20.24% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $15 → $12 | Strong Buy | Maintains | $15 → $12 | +20.24% | May 9, 2024 |
| Needham | Needham | Strong Buy Maintains $13 → $15 | Strong Buy | Maintains | $13 → $15 | +50.30% | Feb 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $9 → $14 | Buy | Maintains | $9 → $14 | +40.28% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
354.52M
from 286.68M
Increased by 23.66%
Revenue Next Year
380.77M
from 354.52M
Increased by 7.40%
EPS This Year
-0.12
from -0.68
EPS Next Year
0.08
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 367.0M | 402.8M | 426.7M | |
| Avg | 354.5M | 380.8M | 385.8M | |
| Low | 338.7M | 341.7M | 343.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 28.0% | 13.6% | 12.1% | |
| Avg | 23.7% | 7.4% | 1.3% | |
| Low | 18.2% | -3.6% | -9.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.11 | 0.16 | 0.29 | |
| Avg | -0.12 | 0.08 | 0.22 | |
| Low | -0.13 | -0.04 | 0.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 283.9% | |
| Avg | - | - | 187.8% | |
| Low | - | - | 94.8% |
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.