SkyWater (SKYT) Stock Forecast, Price Target & Predictions
SKYT Stock Forecast
SkyWater stock forecast is as follows: an average price target of $14.75 (represents a 82.55% upside from SKYT’s last price of $8.08) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
SKYT Price Target
The average price target for SkyWater (SKYT) is $14.75 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $9.00. This represents a potential 82.55% upside from SKYT's last price of $8.08.
SKYT Analyst Ratings
According to 5 Wall Street analysts, SkyWater's rating consensus is 'Buy'. The analyst rating breakdown for SKYT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SkyWater Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Harsh Kumar | Piper Sandler | $9.00 | $8.02 | 12.29% | 11.39% |
| Aug 18, 2022 | - | Cowen & Co. | $20.00 | $19.03 | 5.10% | 147.52% |
| Aug 16, 2022 | Ravindra Gill | Needham | $20.00 | $18.69 | 7.01% | 147.52% |
| Aug 15, 2022 | Harsh Kumar | Piper Sandler | $18.00 | $14.25 | 26.32% | 122.77% |
| Jul 22, 2022 | - | Needham | $15.00 | $13.16 | 13.98% | 85.64% |
| May 04, 2022 | - | Needham | $10.00 | $7.10 | 40.79% | 23.76% |
| Apr 26, 2022 | - | Craig-Hallum | $10.00 | $6.52 | 53.37% | 23.76% |
The latest SkyWater stock forecast, released on Aug 08, 2024 by Harsh Kumar from Piper Sandler, set a price target of $9.00, which represents a 12.29% increase from the stock price at the time of the forecast ($8.02), and a 11.39% increase from SKYT last price ($8.08).
SkyWater Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $9.00 | $9.00 | $9.00 |
| Last Closing Price | $8.08 | $8.08 | $8.08 |
| Upside/Downside | 11.39% | 11.39% | 11.39% |
In the current month, the average price target of SkyWater stock is $9.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.39% increase as opposed to SkyWater's last price of $8.08. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Feb 14, 2023 | Needham | Buy | Buy | Hold |
| Aug 18, 2022 | Cowen & Co. | Outperform | Outperform | Hold |
| Aug 16, 2022 | Needham | Buy | Buy | Hold |
| Aug 15, 2022 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 22, 2022 | Needham | Buy | Buy | Hold |
| Apr 26, 2022 | Craig-Hallum | - | Buy | Initialise |
| Apr 26, 2022 | Zacks Investment Research | - | Hold | Upgrade |
| Feb 24, 2022 | Needham | Buy | Buy | Hold |
SkyWater's last stock rating was published by Piper Sandler on Aug 08, 2024. The company gave SKYT a "Overweight" rating, the same as its previous rate.
SkyWater Financial Forecast
SkyWater Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $79.15M | $71.62M | $69.81M | $66.09M | $38.53M | $52.33M | - | $48.12M | - | $35.02M | $41.19M | $48.10M |
| Avg Forecast | $89.00M | $85.00M | $89.00M | $87.00M | $100.66M | $95.48M | $91.42M | $85.72M | $79.96M | $94.60M | $82.90M | $80.00M | $74.84M | $66.34M | $63.88M | $60.59M | $55.57M | $51.28M | $45.40M | $41.18M | $34.58M | $43.23M | $43.23M | $46.40M |
| High Forecast | $89.19M | $85.18M | $89.19M | $87.18M | $100.87M | $95.68M | $91.61M | $85.90M | $80.13M | $94.75M | $83.08M | $80.17M | $75.74M | $66.48M | $64.01M | $60.71M | $55.68M | $51.39M | $45.40M | $42.03M | $35.29M | $44.12M | $44.12M | $47.36M |
| Low Forecast | $88.92M | $84.92M | $88.92M | $86.92M | $100.56M | $95.39M | $91.33M | $85.64M | $79.88M | $94.45M | $82.82M | $79.92M | $73.94M | $66.28M | $63.81M | $60.53M | $55.51M | $51.23M | $45.40M | $39.76M | $33.39M | $41.74M | $41.74M | $44.80M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.08% | 1.09% | 1.09% | 0.69% | 1.02% | - | 1.17% | - | 0.81% | 0.95% | 1.04% |
SkyWater's average Quarter revenue forecast for Mar 24 based on 1 analysts is $80.00M, with a low forecast of $79.92M, and a high forecast of $80.17M. SKYT's average Quarter revenue forecast represents a 1.07% increase compared to the company's last Quarter revenue of $79.15M (Dec 23).
SkyWater EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $3.25M | $2.90M | $3.66M | $6.26M | $-20.58M | $2.00M | - | $-8.45M | - | $-12.04M | $-9.15M | $5.06M |
| Avg Forecast | $-82.55K | $-78.84K | $-82.55K | $-80.69K | $-93.36K | $-88.56K | $-84.79K | $-79.50K | $-74.16K | $-87.74K | $-76.89K | $-15.74M | $-69.42K | $-61.53K | $-59.24K | $-14.31M | $-51.54K | $-6.50M | $-42.11K | $-13.01M | $-24.13M | $-5.91M | $-2.49M | $-43.03K |
| High Forecast | $-82.47K | $-78.76K | $-82.47K | $-80.61K | $-93.27K | $-88.47K | $-84.71K | $-79.43K | $-74.09K | $-87.60K | $-76.81K | $-12.59M | $-68.58K | $-61.47K | $-59.19K | $-11.45M | $-51.49K | $-5.20M | $-42.11K | $-10.41M | $-19.31M | $-4.73M | $-1.99M | $-41.55K |
| Low Forecast | $-82.72K | $-79.00K | $-82.72K | $-80.86K | $-93.56K | $-88.74K | $-84.97K | $-79.67K | $-74.32K | $-87.88K | $-77.05K | $-18.89M | $-70.25K | $-61.66K | $-59.37K | $-17.17M | $-51.65K | $-7.81M | $-42.11K | $-15.61M | $-28.96M | $-7.10M | $-2.98M | $-43.92K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -46.78% | -47.15% | -61.75% | -0.44% | 399.33% | -0.31% | - | 0.65% | - | 2.04% | 3.68% | -117.63% |
1 analysts predict SKYT's average Quarter EBITDA for Mar 24 to be $-15.74M, with a high of $-12.59M and a low of $-18.89M. This is -584.81% lower than SkyWater's previous annual EBITDA (Dec 23) of $3.25M.
SkyWater Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-10.32M | $-7.57M | $-8.59M | $-4.27M | $-26.16M | $-6.50M | - | $-13.69M | - | $-13.87M | $-6.98M | $-2.81M |
| Avg Forecast | $1.90M | $947.90K | $2.37M | $1.90M | $2.75M | $1.23M | $379.16K | $-853.11K | $-1.61M | $-284.37K | $-5.00M | $-16.70M | $-5.83M | $-7.58M | $-6.04M | $-15.18M | $-5.33M | $-15.09M | $-14.13M | $-13.80M | $-30.42M | $-13.72M | $-5.03M | $-2.98M |
| High Forecast | $1.90M | $950.50K | $2.38M | $1.90M | $2.76M | $1.24M | $380.20K | $-852.05K | $-1.61M | $284.37K | $-5.00M | $-13.36M | $-4.77M | $-7.57M | $-6.04M | $-12.15M | $-5.33M | $-12.07M | $-14.13M | $-11.04M | $-24.33M | $-10.97M | $-4.02M | $-2.84M |
| Low Forecast | $1.89M | $946.73K | $2.37M | $1.89M | $2.75M | $1.23M | $378.69K | $-855.45K | $-1.62M | $-568.74K | $-5.02M | $-20.04M | $-6.89M | $-7.60M | $-6.06M | $-18.22M | $-5.35M | $-18.11M | $-14.13M | $-16.56M | $-36.50M | $-16.46M | $-6.03M | $-3.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 1.00% | 1.42% | 0.28% | 4.91% | 0.43% | - | 0.99% | - | 1.01% | 1.39% | 0.94% |
SkyWater's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SKYT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
SkyWater SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $14.44M | $16.11M | $17.82M | $14.89M | $9.95M | $10.78M | - | $11.69M | - | $9.63M | $15.41M | $8.60M |
| Avg Forecast | $18.18M | $17.36M | $18.18M | $17.77M | $20.56M | $19.50M | $18.67M | $17.51M | $16.33M | $19.32M | $16.93M | $13.42M | $15.28M | $13.55M | $13.04M | $12.20M | $11.35M | $10.47M | $9.27M | $11.09M | $11.19M | $9.52M | $11.11M | $9.48M |
| High Forecast | $18.21M | $17.40M | $18.21M | $17.81M | $20.60M | $19.54M | $18.71M | $17.54M | $16.36M | $19.35M | $16.97M | $16.10M | $15.47M | $13.58M | $13.07M | $14.64M | $11.37M | $12.57M | $9.27M | $13.31M | $13.43M | $11.42M | $13.33M | $9.67M |
| Low Forecast | $18.16M | $17.34M | $18.16M | $17.75M | $20.54M | $19.48M | $18.65M | $17.49M | $16.31M | $19.29M | $16.91M | $10.74M | $15.10M | $13.54M | $13.03M | $9.76M | $11.34M | $8.38M | $9.27M | $8.87M | $8.96M | $7.62M | $8.89M | $9.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.19% | 1.37% | 1.22% | 0.88% | 1.03% | - | 1.05% | - | 1.01% | 1.39% | 0.91% |
SkyWater's average Quarter SG&A projection for Mar 24 is $13.42M, based on 1 Wall Street analysts, with a range of $10.74M to $16.10M. The forecast indicates a -7.05% fall compared to SKYT last annual SG&A of $14.44M (Dec 23).
SkyWater EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | 1 | 2 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.22 | $-0.16 | $-0.19 | $-0.10 | $-0.67 | $-0.16 | - | $-0.34 | - | $-0.33 | $-0.18 | $-0.06 |
| Avg Forecast | $0.04 | $0.02 | $0.05 | $0.04 | $0.06 | $0.03 | $0.01 | $-0.02 | $-0.03 | $-0.01 | $-0.11 | $-0.05 | $-0.12 | $-0.16 | $-0.13 | $-0.13 | $-0.11 | $-0.25 | $-0.30 | $-0.33 | $-0.33 | $-0.14 | $-0.14 | $-0.06 |
| High Forecast | $0.04 | $0.02 | $0.05 | $0.04 | $0.06 | $0.03 | $0.01 | $-0.02 | $-0.03 | $0.01 | $-0.11 | $-0.05 | $-0.10 | $-0.16 | $-0.13 | $-0.13 | $-0.11 | $-0.25 | $-0.30 | $-0.31 | $-0.31 | $-0.13 | $-0.14 | $-0.06 |
| Low Forecast | $0.04 | $0.02 | $0.05 | $0.04 | $0.06 | $0.03 | $0.01 | $-0.02 | $-0.03 | $-0.01 | $-0.11 | $-0.05 | $-0.15 | $-0.16 | $-0.13 | $-0.13 | $-0.11 | $-0.25 | $-0.30 | $-0.33 | $-0.33 | $-0.14 | $-0.15 | $-0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.79% | 1.00% | 1.49% | 0.76% | 5.95% | 0.63% | - | 1.04% | - | 2.36% | 1.26% | 0.88% |
According to undefined Wall Street analysts, SkyWater's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SKYT previous annual EPS of $NaN (undefined).
SkyWater Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FTCI | FTC Solar | $0.21 | $5.15 | 2352.38% | Hold |
| NVTS | Navitas Semiconductor | $2.33 | $11.30 | 384.98% | Buy |
| INDI | indie Semiconductor | $3.51 | $9.00 | 156.41% | Buy |
| SKYT | SkyWater | $8.08 | $14.75 | 82.55% | Buy |
| ALGM | Allegro MicroSystems | $21.27 | $37.00 | 73.95% | Buy |
| SITM | SiTime | $130.54 | $127.00 | -2.71% | Buy |
SKYT Forecast FAQ
Is SkyWater a good buy?
Yes, according to 5 Wall Street analysts, SkyWater (SKYT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of SKYT's total ratings.
What is SKYT's price target?
SkyWater (SKYT) average price target is $14.75 with a range of $9 to $20, implying a 82.55% from its last price of $8.08. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SkyWater stock go up soon?
According to Wall Street analysts' prediction for SKYT stock, the company can go up by 82.55% (from the last price of $8.08 to the average price target of $14.75), up by 147.52% based on the highest stock price target, and up by 11.39% based on the lowest stock price target.
Can SkyWater stock reach $12?
SKYT's average twelve months analyst stock price target of $14.75 supports the claim that SkyWater can reach $12 in the near future.
What is SkyWater's current price target trend?
1 Wall Street analyst forecast a $9 price target for SkyWater (SKYT) this month, up 11.39% from its last price of $8.08. Compared to the last 3 and 12 months, the average price target increased by 11.39% and increased by 11.39%, respectively.
What are SkyWater's analysts' financial forecasts?
SkyWater's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $373.28M (high $374.07M, low $372.92M), average EBITDA is $-346K (high $-346K, low $-347K), average net income is $3.51M (high $3.52M, low $3.5M), average SG&A $76.23M (high $76.39M, low $76.16M), and average EPS is $0.074 (high $0.0743, low $0.0738). SKYT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $350M (high $350.74M, low $349.67M), average EBITDA is $-325K (high $-324K, low $-325K), average net income is $7.11M (high $7.13M, low $7.1M), average SG&A $71.48M (high $71.63M, low $71.41M), and average EPS is $0.15 (high $0.15, low $0.15).
Did the SKYT's actual financial results beat the analysts' financial forecasts?
Based on SkyWater's last annual report (Dec 2023), the company's revenue was $212.94M, which missed the average analysts forecast of $265.64M by -19.84%. Apple's EBITDA was $-1.575M, missing the average prediction of $-14.501M by -89.14%. The company's net income was $-36.871M, beating the average estimation of $-34.642M by 6.44%. Apple's SG&A was $46.3M, missing the average forecast of $54.08M by -14.38%. Lastly, the company's EPS was $-0.94, beating the average prediction of $-0.539 by 74.42%. In terms of the last quarterly report (Dec 2023), SkyWater's revenue was $79.15M, beating the average analysts' forecast of $74.84M by 5.76%. The company's EBITDA was $3.25M, missing the average prediction of $-69.416K by -4777.60%. SkyWater's net income was $-10.325M, beating the average estimation of $-5.833M by 77.00%. The company's SG&A was $14.44M, missing the average forecast of $15.28M by -5.55%. Lastly, the company's EPS was $-0.22, beating the average prediction of $-0.123 by 78.75%