SkyWater Technology, Inc. (NASDAQ:SKYT) Receives Consensus Recommendation of “Hold” from Analysts

Shares of SkyWater Technology, Inc. (NASDAQ:SKYT) have earned an average rating of “Hold” from the seven analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $32.00.

A number of research analysts recently weighed in on SKYT shares. Piper Sandler lowered SkyWater Technology from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $17.00 to $35.00 in a report on Monday. Craig Hallum downgraded shares of SkyWater Technology from a “buy” rating to a “hold” rating and set a $35.00 price objective on the stock. in a report on Tuesday. Needham & Company LLC cut shares of SkyWater Technology from a “buy” rating to a “hold” rating in a research note on Monday. TD Cowen lowered shares of SkyWater Technology from a “buy” rating to a “hold” rating and upped their price target for the company from $24.00 to $35.00 in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of SkyWater Technology in a report on Monday, December 29th.

Insider Transactions at SkyWater Technology

In related news, CFO Steve Manko sold 50,000 shares of SkyWater Technology stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $17.40, for a total transaction of $870,000.00. Following the completion of the sale, the chief financial officer directly owned 277,122 shares of the company’s stock, valued at approximately $4,821,922.80. This trade represents a 15.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Loren A. Unterseher sold 100,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $14.54, for a total value of $1,454,000.00. Following the completion of the transaction, the director directly owned 4,487,394 shares in the company, valued at approximately $65,246,708.76. This represents a 2.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 384,279 shares of company stock worth $5,759,943. Company insiders own 37.85% of the company’s stock.

Institutional Trading of SkyWater Technology

Several hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC boosted its holdings in SkyWater Technology by 112.0% in the 1st quarter. AQR Capital Management LLC now owns 313,993 shares of the company’s stock valued at $2,226,000 after purchasing an additional 165,865 shares during the period. Strs Ohio bought a new stake in shares of SkyWater Technology in the first quarter valued at approximately $173,000. Y Intercept Hong Kong Ltd acquired a new stake in SkyWater Technology during the second quarter worth approximately $243,000. GWN Securities Inc. bought a new position in SkyWater Technology during the 2nd quarter worth $148,000. Finally, Emerald Advisers LLC raised its holdings in SkyWater Technology by 36.2% in the 2nd quarter. Emerald Advisers LLC now owns 1,362,983 shares of the company’s stock valued at $13,412,000 after acquiring an additional 362,267 shares in the last quarter. Institutional investors and hedge funds own 70.00% of the company’s stock.

SkyWater Technology Stock Down 2.0%

SkyWater Technology stock opened at $32.96 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.61. The company’s 50-day moving average is $22.56 and its 200-day moving average is $16.98. The firm has a market capitalization of $1.60 billion, a PE ratio of 12.78 and a beta of 3.49. SkyWater Technology has a fifty-two week low of $5.67 and a fifty-two week high of $36.27.

SkyWater Technology (NASDAQ:SKYT) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.41. The business had revenue of $150.74 million during the quarter, compared to analysts’ expectations of $135.50 million. SkyWater Technology had a negative return on equity of 4.96% and a net margin of 36.36%.SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. Sell-side analysts anticipate that SkyWater Technology will post -0.22 earnings per share for the current year.

About SkyWater Technology

SkyWater Technology Solutions, Inc is a U.S.-based specialty semiconductor foundry headquartered in Bloomington, Minnesota. The company focuses on the development and manufacture of high-reliability integrated circuits using advanced processes on 200-millimeter wafers.

SkyWater’s service offerings span analog/mixed-signal, radio frequency (RF), micro-electromechanical systems (MEMS) and advanced packaging technologies. Its turnkey model includes multi-project wafer (MPW) runs, volume production, design enablement support and assembly and test services, enabling customers to take concepts from prototype to market.

Serving aerospace, defense, automotive, industrial, medical and communications sectors, SkyWater supports applications that demand rigorous performance, quality and traceability.