SKYT icon

SkyWater Technology

7.09 USD
+0.03
0.42%
At close Apr 30, 4:00 PM EDT
After hours
7.00
-0.09
1.27%
1 day
0.42%
5 days
1.58%
1 month
0.00%
3 months
-29.10%
6 months
-32.48%
Year to date
-47.36%
1 year
-30.90%
5 years
-60.03%
10 years
-60.03%
 

About: SkyWater Technology Inc is a U.S.-based, independent, pure-play technology foundry that offers semiconductor development and manufacturing services from its fabrication facilities. In its technology as a service model, it leverages a foundation of proprietary technology, engineering to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Technology Services for diverse microelectronics (integrated circuits) and related micro- and nanotechnology applications. It focuses on serving diversified, high-growth, end users in numerous vertical markets, including computation, aerospace and defense (A&D), automotive and transportation, bio-health, and industrial.

Employees: 702

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

170% more call options, than puts

Call options by funds: $16.2M | Put options by funds: $6.02M

61% more capital invested

Capital invested by funds: $114M [Q3] → $184M (+$69.2M) [Q4]

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

19% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 36

12% more funds holding

Funds holding: 125 [Q3] → 140 (+15) [Q4]

1.39% more ownership

Funds ownership: 26.52% [Q3] → 27.91% (+1.39%) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$12
69%
upside
Avg. target
$12
69%
upside
High target
$12
69%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Needham
Quinn Bolton
21% 1-year accuracy
31 / 146 met price target
69%upside
$12
Buy
Reiterated
27 Feb 2025

Financial journalist opinion

Based on 11 articles about SKYT published over the past 30 days

Positive
Zacks Investment Research
4 hours ago
SkyWater Technology, Inc. (SKYT) Surpasses Market Returns: Some Facts Worth Knowing
SkyWater Technology, Inc. (SKYT) concluded the recent trading session at $7.09, signifying a +0.42% move from its prior day's close.
SkyWater Technology, Inc. (SKYT) Surpasses Market Returns: Some Facts Worth Knowing
Negative
Zacks Investment Research
1 day ago
Brokers Suggest Investing in SkyWater Technology (SKYT): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Brokers Suggest Investing in SkyWater Technology (SKYT): Read This Before Placing a Bet
Neutral
Seeking Alpha
3 days ago
Undercovered Dozen: 3D Systems, Seritage, Topicus, Timken +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, offering investment opportunities and fostering community discussion on their potential. Abeona Therapeutics is seen as a Buy due to promising FDA approvals for pz-cel and UX111, potentially transforming the company with its first commercial products by 2025. Plains GP Holdings offers stable cash flows and high dividends in the volatile energy market, making it a strong buy from Louis Gerard.
Undercovered Dozen: 3D Systems, Seritage, Topicus, Timken +
Positive
Seeking Alpha
1 week ago
Skywater Technology: Benefiting From Strategic Reshoring
SkyWater Technology's strategic US-based mature-node chip manufacturing aligns with government priorities, bolstering growth through Fab 25 acquisition, tripling wafer capacity by 2026. Unique TaaS model and strategic scarcity position SkyWater as a key player in defense and industrial sectors, enhancing revenue stability and customer relationships. Growth driven by Fab 25, advanced packaging lines, and strong demand from CHIPS Act and DoD, projecting 62% return by 2028 with 7% revenue CAGR.
Skywater Technology: Benefiting From Strategic Reshoring
Positive
Zacks Investment Research
1 week ago
SkyWater Technology, Inc. (SKYT) Is a Trending Stock: Facts to Know Before Betting on It
SkyWater Technology (SKYT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SkyWater Technology, Inc. (SKYT) Is a Trending Stock: Facts to Know Before Betting on It
Neutral
Business Wire
2 weeks ago
SkyWater Appoints Dr. Percy Gilbert as Senior Vice President of Engineering
BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Dr. Percy V. Gilbert as senior vice president of engineering. Gilbert will report directly to President and COO John Sakamoto and will be responsible for leading and expanding SkyWater's engineering organization, which is integral to the company's ongoing strategic growth in Advanced Technology Services (ATS), platform solutions and Wafer Servic.
SkyWater Appoints Dr. Percy Gilbert as Senior Vice President of Engineering
Positive
Zacks Investment Research
2 weeks ago
SkyWater Technology, Inc. (SKYT) Surpasses Market Returns: Some Facts Worth Knowing
In the latest trading session, SkyWater Technology, Inc. (SKYT) closed at $6.84, marking a +1.03% move from the previous day.
SkyWater Technology, Inc. (SKYT) Surpasses Market Returns: Some Facts Worth Knowing
Positive
Zacks Investment Research
3 weeks ago
Why the Market Dipped But SkyWater Technology, Inc. (SKYT) Gained Today
In the latest trading session, SkyWater Technology, Inc. (SKYT) closed at $6.21, marking a +1.8% move from the previous day.
Why the Market Dipped But SkyWater Technology, Inc. (SKYT) Gained Today
Neutral
Zacks Investment Research
3 weeks ago
SKYT Stock Plunges 38% in a Year: Should You Buy the Dip or Wait?
SkyWater Technology takes strategic steps to build long-term growth in its Wafer Services, presenting a compelling entry point for investors in 2025.
SKYT Stock Plunges 38% in a Year: Should You Buy the Dip or Wait?
Positive
Zacks Investment Research
4 weeks ago
Investors Heavily Search SkyWater Technology, Inc. (SKYT): Here is What You Need to Know
Zacks.com users have recently been watching SkyWater Technology (SKYT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors Heavily Search SkyWater Technology, Inc. (SKYT): Here is What You Need to Know
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