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SkyWater Technology NasdaqCM:SKYT Stock Report

Last Price

US$12.44

Market Cap

US$751.1m

7D

34.1%

1Y

40.1%

Updated

19 Dec, 2024

Data

Company Financials +

SkyWater Technology, Inc.

NasdaqCM:SKYT Stock Report

Market Cap: US$751.1m

SKYT Stock Overview

Operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. More details

SKYT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

SkyWater Technology, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SkyWater Technology
Historical stock prices
Current Share PriceUS$12.44
52 Week HighUS$19.00
52 Week LowUS$5.63
Beta3.72
1 Month Change51.52%
3 Month Change35.66%
1 Year Change40.09%
3 Year Change-23.16%
5 Year Changen/a
Change since IPO-29.88%

Recent News & Updates

The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet As Shares Tumble 28%

Nov 28
The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet As Shares Tumble 28%

SkyWater Technology: Cautious As Performance Remains Inconsistent

Nov 15

SkyWater Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 10
SkyWater Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Recent updates

The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet As Shares Tumble 28%

Nov 28
The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet As Shares Tumble 28%

SkyWater Technology: Cautious As Performance Remains Inconsistent

Nov 15

SkyWater Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 10
SkyWater Technology, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Would SkyWater Technology (NASDAQ:SKYT) Be Better Off With Less Debt?

Oct 11
Would SkyWater Technology (NASDAQ:SKYT) Be Better Off With Less Debt?

SkyWater Technology: Impressive Top-Line Results

Aug 09

Why Investors Shouldn't Be Surprised By SkyWater Technology, Inc.'s (NASDAQ:SKYT) 25% Share Price Plunge

Aug 08
Why Investors Shouldn't Be Surprised By SkyWater Technology, Inc.'s (NASDAQ:SKYT) 25% Share Price Plunge

Benign Growth For SkyWater Technology, Inc. (NASDAQ:SKYT) Underpins Stock's 25% Plummet

May 30
Benign Growth For SkyWater Technology, Inc. (NASDAQ:SKYT) Underpins Stock's 25% Plummet

SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported, And Analysts Assigned A US$11.84 Price Target

May 11
SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported, And Analysts Assigned A US$11.84 Price Target

SkyWater Earnings Preview: Products In High Demand

May 05

Some Investors May Be Worried About SkyWater Technology's (NASDAQ:SKYT) Returns On Capital

Mar 04
Some Investors May Be Worried About SkyWater Technology's (NASDAQ:SKYT) Returns On Capital

SkyWater Technology, Inc.'s (NASDAQ:SKYT) Share Price Is Matching Sentiment Around Its Revenues

Jan 24
SkyWater Technology, Inc.'s (NASDAQ:SKYT) Share Price Is Matching Sentiment Around Its Revenues

SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 51% Above Its Share Price

Sep 13
SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 51% Above Its Share Price

The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet

Jul 01
The Market Doesn't Like What It Sees From SkyWater Technology, Inc.'s (NASDAQ:SKYT) Revenues Yet

SkyWater's Next Rally May Be About To Start

Sep 05

SkyWater receives $15M in funding from DoD, partners with Google for open source design

Jul 28

SkyWater alongside State of Indiana and Purdue University will build $1.8B semiconductor manufacturing facility

Jul 20

SkyWater Technology Pursues Growth Amid Inflationary Drag

Jun 01

Shareholder Returns

SKYTUS SemiconductorUS Market
7D34.1%-2.1%-4.0%
1Y40.1%71.6%24.0%

Return vs Industry: SKYT underperformed the US Semiconductor industry which returned 71.6% over the past year.

Return vs Market: SKYT exceeded the US Market which returned 24% over the past year.

Price Volatility

Is SKYT's price volatile compared to industry and market?
SKYT volatility
SKYT Average Weekly Movement13.1%
Semiconductor Industry Average Movement7.6%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: SKYT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SKYT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2016731Tom Sondermanwww.skywatertechnology.com

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors.

SkyWater Technology, Inc. Fundamentals Summary

How do SkyWater Technology's earnings and revenue compare to its market cap?
SKYT fundamental statistics
Market capUS$751.06m
Earnings (TTM)-US$16.44m
Revenue (TTM)US$345.94m

1.7x

P/S Ratio

-36.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKYT income statement (TTM)
RevenueUS$345.94m
Cost of RevenueUS$281.80m
Gross ProfitUS$64.14m
Other ExpensesUS$80.58m
Earnings-US$16.44m

Last Reported Earnings

Sep 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.34
Gross Margin18.54%
Net Profit Margin-4.75%
Debt/Equity Ratio88.7%

How did SKYT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:40
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/29
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SkyWater Technology, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard ShannonCraig-Hallum Capital Group LLC
Blayne CurtisJefferies LLC
Mark LipacisJefferies LLC