SkyWater Technology, Inc. (SKYT)

Market Cap	357.97M
Revenue (ttm)	300.22M
Net Income (ttm)	-32.21M
Shares Out	47.35M
EPS (ttm)	-0.70
PE Ratio	n/a
Forward PE	1,852.94
Dividend	n/a
Ex-Dividend Date	n/a

Volume	368,604
Open	7.65
Previous Close	7.62
Day's Range	7.52 - 7.84
52-Week Range	4.73 - 12.97
Beta	4.19
Analysts	Strong Buy
Price Target	13.25 (+75.27%)
Earnings Date	May 8, 2024

About SKYT

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, aeros...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Apr 21, 2021
• Employees: 731
• Stock Exchange: NASDAQ
• Ticker Symbol: SKYT

Financial Performance

In 2023, SKYT's revenue was $286.68 million, an increase of 34.63% compared to the previous year's $212.94 million. Losses were -$30.76 million, -22.32% less than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for SKYT stock is "Strong Buy." The 12-month stock price forecast is $13.25, which is an increase of 75.27% from the latest price.

Price Target

$13.25

(75.27% upside)

Analyst Consensus: Strong Buy