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SkyWater Technology NasdaqCM:SKYT Stock Report

Last Price

US$8.07

Market Cap

US$382.1m

7D

-2.2%

1Y

-16.8%

Updated

22 May, 2024

Data

Company Financials +

SkyWater Technology, Inc.

NasdaqCM:SKYT Stock Report

Market Cap: US$382.1m

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.

SKYT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
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$8.07
52 Week HighUS$12.97
52 Week LowUS$4.73
Beta4.19
1 Month Change-6.49%
3 Month Change-17.82%
1 Year Change-16.80%
3 Year Change-69.10%
5 Year Changen/a
Change since IPO-54.51%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

SKYTUS SemiconductorUS Market
7D-2.2%3.8%1.2%
1Y-16.8%98.7%27.7%

Return vs Industry: SKYT underperformed the US Semiconductor industry which returned 98.7% over the past year.

Return vs Market: SKYT underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is SKYT's price volatile compared to industry and market?
SKYT volatility
SKYT Average Weekly Movement13.8%
Semiconductor Industry Average Movement6.5%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

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

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$382.11m
Earnings (TTM)-US$32.21m
Revenue (TTM)US$300.22m

1.3x

P/S Ratio

-11.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SKYT income statement (TTM)
RevenueUS$300.22m
Cost of RevenueUS$242.62m
Gross ProfitUS$57.60m
Other ExpensesUS$89.82m
Earnings-US$32.21m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.68
Gross Margin19.19%
Net Profit Margin-10.73%
Debt/Equity Ratio121.1%

How did SKYT perform over the long term?

See historical performance and comparison
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