SkyWater (SKYT) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

SKYT Stock Forecast


SkyWater stock forecast is as follows: an average price target of $14.75 (represents a 80.10% upside from SKYT’s last price of $8.19) 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 80.10% upside from SKYT's last price of $8.19.

SKYT Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Harsh KumarPiper Sandler$9.00$8.0212.29%9.89%
Aug 18, 2022-Cowen & Co.$20.00$19.035.10%144.20%
Aug 16, 2022Ravindra GillNeedham$20.00$18.697.01%144.20%
Aug 15, 2022Harsh KumarPiper Sandler$18.00$14.2526.32%119.78%
Jul 22, 2022-Needham$15.00$13.1613.98%83.15%
May 04, 2022-Needham$10.00$7.1040.79%22.10%
Apr 26, 2022-Craig-Hallum$10.00$6.5253.37%22.10%
Row per page
Go to

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 9.89% increase from SKYT last price ($8.19).

SkyWater Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$9.00
Last Closing Price$8.19$8.19$8.19
Upside/Downside-100.00%-100.00%9.89%

In the current month, the average price target of SkyWater stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SkyWater's last price of $8.19. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024Piper SandlerOverweightOverweightHold
Feb 14, 2023NeedhamBuyBuyHold
Aug 18, 2022Cowen & Co.OutperformOutperformHold
Aug 16, 2022NeedhamBuyBuyHold
Aug 15, 2022Piper SandlerOverweightOverweightHold
Jul 22, 2022NeedhamBuyBuyHold
Apr 26, 2022Craig-Hallum-BuyInitialise
Apr 26, 2022Zacks Investment Research-HoldUpgrade
Feb 24, 2022NeedhamBuyBuyHold
Row per page
Go to

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Revenue------------$79.15M$71.62M$69.81M$66.09M$38.53M$52.33M$47.41M$48.12M-$35.02M$41.19M$48.10M
Avg Forecast$107.00M$104.25M$102.85M$95.65M$99.27M$92.20M$70.57M$66.50M$74.18M$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$107.48M$104.72M$103.31M$96.08M$99.72M$92.61M$70.88M$66.55M$74.28M$95.03M$83.27M$80.36M$75.74M$66.64M$64.16M$60.86M$55.82M$51.28M$45.40M$41.18M$34.58M$43.23M$43.23M$46.40M
Low Forecast$106.34M$103.61M$102.22M$95.06M$98.66M$91.63M$70.13M$66.45M$74.08M$94.02M$82.39M$79.51M$73.94M$65.93M$63.48M$60.21M$55.22M$51.28M$45.40M$41.18M$34.58M$43.23M$43.23M$46.40M
# Analysts222211133111322211111111
Surprise %------------1.06%1.08%1.09%1.09%0.69%1.02%1.04%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 $79.51M, and a high forecast of $80.36M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211133111322211111111
EBITDA------------$3.25M$2.90M$3.66M$6.26M$-20.58M$2.00M$-3.88M$-8.45M-$-12.04M$-9.15M$5.06M
Avg Forecast$-99.24K$-96.69K$-95.39K$-88.71K$-92.07K$-85.51K$-65.45K$-61.68K$-68.80K$-87.74K$-76.89K$-15.74M$-69.42K$-61.53K$-59.24K$-14.31M$-26.55M$-47.56K$-42.11K$-13.01M$-32.07K$-40.09K$-2.49M$-43.03K
High Forecast$-98.63K$-96.10K$-94.81K$-88.17K$-91.51K$-84.99K$-65.05K$-61.63K$-68.71K$-87.20K$-76.42K$-12.59M$-68.58K$-61.15K$-58.88K$-11.45M$-21.24M$-47.56K$-42.11K$-10.41M$-32.07K$-40.09K$-1.99M$-43.03K
Low Forecast$-99.69K$-97.13K$-95.82K$-89.11K$-92.49K$-85.90K$-65.74K$-61.73K$-68.89K$-88.14K$-77.23K$-18.89M$-70.25K$-61.81K$-59.51K$-17.17M$-31.85M$-47.56K$-42.11K$-15.61M$-32.07K$-40.09K$-2.98M$-43.03K
Surprise %-------------46.78%-47.15%-61.75%-0.44%0.78%-42.09%92.07%0.65%-300.22%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211133111322211111111
Net Income------------$-10.32M$-7.57M$-8.59M$-4.27M$-26.16M$-6.50M$-12.18M$-13.69M-$-13.87M$-6.98M$-2.81M
Avg Forecast$2.38M$1.19M$1.67M$476.40K$1.05M$-95.28K$-1.62M$-3.05M$-3.05M$-762.24K$-5.03M$-16.70M$-5.86M$-7.62M$-6.07M$-15.18M$-33.46M$-11.94M$-14.22M$-13.80M$-15.40M$-6.64M$-5.03M$-3.00M
High Forecast$2.40M$1.20M$1.68M$479.19K$1.05M$-94.52K$-1.61M$9.15M$3.05M$-756.15K$-4.99M$-13.36M$-4.80M$-7.56M$-6.03M$-12.15M$-26.77M$-11.94M$-14.22M$-11.04M$-15.40M$-6.64M$-4.02M$-3.00M
Low Forecast$2.36M$1.18M$1.65M$472.60K$1.04M$-95.84K$-1.63M$-15.24M$-9.15M$-766.71K$-5.06M$-20.04M$-6.93M$-7.67M$-6.11M$-18.22M$-40.15M$-11.94M$-14.22M$-16.56M$-15.40M$-6.64M$-6.03M$-3.00M
Surprise %------------1.76%0.99%1.41%0.28%0.78%0.54%0.86%0.99%-2.09%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211133111322211111111
SG&A------------$14.44M$16.11M$17.82M$14.89M$9.95M$10.78M$10.79M$11.69M-$9.63M$15.41M$8.60M
Avg Forecast$21.85M$21.29M$21.00M$19.53M$20.27M$18.83M$14.41M$13.58M$15.15M$19.32M$16.93M$13.42M$15.28M$13.55M$13.04M$12.20M$12.31M$10.47M$9.27M$11.09M$7.06M$8.83M$11.11M$9.48M
High Forecast$21.95M$21.39M$21.10M$19.62M$20.37M$18.91M$14.48M$13.59M$15.17M$19.41M$17.01M$16.10M$15.47M$13.61M$13.10M$14.64M$14.78M$10.47M$9.27M$13.31M$7.06M$8.83M$13.33M$9.48M
Low Forecast$21.72M$21.16M$20.88M$19.41M$20.15M$18.71M$14.32M$13.57M$15.13M$19.20M$16.83M$10.74M$15.10M$13.47M$12.96M$9.76M$9.85M$10.47M$9.27M$8.87M$7.06M$8.83M$8.89M$9.48M
Surprise %------------0.94%1.19%1.37%1.22%0.81%1.03%1.16%1.05%-1.09%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts222211133111322211111111
EPS------------$-0.22$-0.16$-0.19$-0.10$-0.67$-0.16$-0.30$-0.34-$-0.33$-0.18$-0.06
Avg Forecast$0.05$0.03$0.04$0.01$0.02$-0.00$-0.03$-0.06$-0.06$-0.02$-0.11$-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$0.05$0.03$0.04$0.01$0.02$-0.00$-0.03$0.19$0.06$-0.02$-0.10$-0.05$-0.10$-0.16$-0.13$-0.13$-0.11$-0.25$-0.30$-0.33$-0.33$-0.14$-0.14$-0.06
Low Forecast$0.05$0.02$0.03$0.01$0.02$-0.00$-0.03$-0.32$-0.19$-0.02$-0.11$-0.05$-0.15$-0.16$-0.13$-0.13$-0.11$-0.25$-0.30$-0.33$-0.33$-0.14$-0.14$-0.06
Surprise %------------1.79%1.00%1.49%0.76%5.95%0.63%1.00%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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FTCIFTC Solar$0.44$5.151070.45%Hold
NVTSNavitas Semiconductor$1.79$7.70330.17%Buy
INDIindie Semiconductor$4.73$9.0090.27%Buy
SKYTSkyWater$8.19$14.7580.10%Buy
ALGMAllegro MicroSystems$20.03$32.0059.76%Buy
SITMSiTime$202.32$155.00-23.39%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 80.10% from its last price of $8.19. 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 80.10% (from the last price of $8.19 to the average price target of $14.75), up by 144.20% based on the highest stock price target, and up by 9.89% 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 are SkyWater's analysts' financial forecasts?

SkyWater's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $328.54M (high $329.77M, low $326.88M), average EBITDA is $-305K (high $-303K, low $-306K), average net income is $-3.716M (high $8.5M, low $-15.93M), average SG&A $67.1M (high $67.35M, low $66.76M), and average EPS is $-0.078 (high $0.178, low $-0.334). SKYT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $409.75M (high $411.6M, low $407.23M), average EBITDA is $-380K (high $-378K, low $-382K), average net income is $5.72M (high $5.75M, low $5.67M), average SG&A $83.68M (high $84.06M, low $83.17M), and average EPS is $0.12 (high $0.121, low $0.119).

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 $-34.742M by 6.13%. 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 $-5.864M by 76.09%. 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%