company background image
SKYT logo

SkyWater Technology NasdaqCM:SKYT Stock Report

Last Price

US$9.25

Market Cap

US$437.9m

7D

7.2%

1Y

4.9%

Updated

25 Apr, 2024

Data

Company Financials +

SkyWater Technology, Inc.

NasdaqCM:SKYT Stock Report

Market Cap: US$437.9m

SKYT Stock Overview

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.

SKYT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SkyWater Technology, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SkyWater Technology
Historical stock prices
Current Share PriceUS$9.25
52 Week HighUS$12.97
52 Week LowUS$4.73
Beta4.28
1 Month Change-9.05%
3 Month Change9.73%
1 Year Change4.88%
3 Year Change-57.51%
5 Year Changen/a
Change since IPO-47.86%

Recent News & Updates

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

Recent updates

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

SkyWater - A Very Semi, Semi Play

Apr 07

SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported Earnings, And Analysts Cut Their Target Price

Feb 25
SkyWater Technology, Inc. (NASDAQ:SKYT) Just Reported Earnings, And Analysts Cut Their Target Price

SkyWater Technology: Far From Reaching The Sky

Jan 12

SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 89% Above Its Share Price

Sep 13
SkyWater Technology, Inc.'s (NASDAQ:SKYT) Intrinsic Value Is Potentially 89% Above Its Share Price

Analyst Forecasts Just Became More Bearish On SkyWater Technology, Inc. (NASDAQ:SKYT)

Aug 06
Analyst Forecasts Just Became More Bearish On SkyWater Technology, Inc. (NASDAQ:SKYT)

SkyWater Technology - Market Participants' Misconceptions Behind Both The Recent Rally And Tuesday's Selloff - Buy

Jul 28

SkyWater stock pulls back from rally, still trades at nearly double IPO price

Jun 21

Skywater Technology appoints its first human resource chief

Jun 08

SkyWater Technology prices upsized IPO at $14

Apr 21

Shareholder Returns

SKYTUS SemiconductorUS Market
7D7.2%-3.0%1.2%
1Y4.9%91.3%24.9%

Return vs Industry: SKYT underperformed the US Semiconductor industry which returned 91.3% over the past year.

Return vs Market: SKYT underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is SKYT's price volatile compared to industry and market?
SKYT volatility
SKYT Average Weekly Movement10.7%
Semiconductor Industry Average Movement7.0%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SKYT's weekly volatility (11%) 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$437.88m
Earnings (TTM)-US$30.76m
Revenue (TTM)US$286.68m

1.5x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKYT income statement (TTM)
RevenueUS$286.68m
Cost of RevenueUS$225.59m
Gross ProfitUS$61.09m
Other ExpensesUS$91.85m
Earnings-US$30.76m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)-0.65
Gross Margin21.31%
Net Profit Margin-10.73%
Debt/Equity Ratio57.6%

How did SKYT perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.