SkyWater (SKYT) Stock Forecast, Price Target & Predictions
SKYT Stock Forecast
SkyWater stock forecast is as follows: an average price target of $9.00 (represents a -39.02% downside from SKYT’s last price of $14.76) 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 $9.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $9.00. This represents a potential -39.02% downside from SKYT's last price of $14.76.
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% | -39.02% |
| Aug 18, 2022 | Cowen & Co. | $20.00 | $19.03 | 5.10% | 35.50% | |
| Aug 16, 2022 | Ravindra Gill | Needham | $20.00 | $18.69 | 7.01% | 35.50% |
| Aug 15, 2022 | Harsh Kumar | Piper Sandler | $18.00 | $14.25 | 26.32% | 21.95% |
| Jul 22, 2022 | Needham | $15.00 | $13.16 | 13.98% | 1.63% | |
| May 04, 2022 | Needham | $10.00 | $7.10 | 40.79% | -32.25% | |
| Apr 26, 2022 | Craig-Hallum | $10.00 | $6.52 | 53.37% | -32.25% |
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 -39.02% decrease from SKYT last price ($14.76).
SkyWater Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $9.00 |
| Last Closing Price | $14.76 | $14.76 | $14.76 |
| Upside/Downside | -100.00% | -100.00% | -39.02% |
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 $14.76. 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
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 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 | $107.59M | $104.83M | $103.42M | $96.18M | $99.82M | $92.71M | $70.96M | $66.55M | $74.28M | $95.12M | $83.36M | $80.44M | $75.74M | $66.71M | $64.23M | $60.92M | $55.87M | $51.28M | $45.40M | $41.18M | $34.58M | $43.23M | $43.23M | $46.40M |
| Low Forecast | $106.20M | $103.47M | $102.08M | $94.94M | $98.53M | $91.51M | $70.04M | $66.45M | $74.08M | $93.89M | $82.28M | $79.40M | $73.94M | $65.84M | $63.40M | $60.13M | $55.15M | $51.28M | $45.40M | $41.18M | $34.58M | $43.23M | $43.23M | $46.40M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 $79.40M, and a high forecast of $80.44M. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $-308.92K | $-300.98K | $-296.94K | $-276.15K | $-286.61K | $-266.18K | $-203.73K | $-192.00K | $-214.15K | $-273.12K | $-239.34K | $-15.74M | $-216.08K | $-191.53K | $-184.41K | $-14.31M | $-26.55M | $-47.56K | $-42.11K | $-13.01M | $-32.07K | $-40.09K | $-2.49M | $-43.03K |
| High Forecast | $-306.61K | $-298.73K | $-294.72K | $-274.09K | $-284.47K | $-264.19K | $-202.21K | $-191.85K | $-213.86K | $-271.08K | $-237.55K | $-12.59M | $-213.48K | $-190.10K | $-183.04K | $-11.45M | $-21.24M | $-47.56K | $-42.11K | $-10.41M | $-32.07K | $-40.09K | $-1.99M | $-43.03K |
| Low Forecast | $-310.63K | $-302.64K | $-298.58K | $-277.68K | $-288.20K | $-267.65K | $-204.86K | $-192.14K | $-214.44K | $-274.63K | $-240.66K | $-18.89M | $-218.68K | $-192.59K | $-185.43K | $-17.17M | $-31.85M | $-47.56K | $-42.11K | $-15.61M | $-32.07K | $-40.09K | $-2.98M | $-43.03K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -15.03% | -15.15% | -19.84% | -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 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $1.03M | $-53.36K | $-1.59M | $-3.07M | $-3.03M | $-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 | $479.83K | $1.04M | $-52.84K | $-1.58M | $-3.04M | $-3.01M | $-754.84K | $-4.98M | $-13.36M | $-4.80M | $-7.55M | $-6.02M | $-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 | $471.78K | $1.02M | $-53.74K | $-1.61M | $-3.09M | $-3.06M | $-767.73K | $-5.07M | $-20.04M | $-6.93M | $-7.68M | $-6.12M | $-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 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $21.90M | $21.33M | $21.05M | $19.57M | $20.32M | $18.87M | $14.44M | $13.61M | $15.18M | $19.36M | $16.96M | $13.42M | $15.32M | $13.58M | $13.07M | $12.20M | $12.31M | $10.47M | $9.27M | $11.09M | $7.06M | $8.83M | $11.11M | $9.48M |
| High Forecast | $22.02M | $21.45M | $21.16M | $19.68M | $20.43M | $18.97M | $14.52M | $13.62M | $15.20M | $19.47M | $17.06M | $16.10M | $15.50M | $13.65M | $13.14M | $14.64M | $14.78M | $10.47M | $9.27M | $13.31M | $7.06M | $8.83M | $13.33M | $9.48M |
| Low Forecast | $21.73M | $21.17M | $20.89M | $19.43M | $20.16M | $18.73M | $14.33M | $13.60M | $15.16M | $19.21M | $16.84M | $10.74M | $15.13M | $13.47M | $12.97M | $9.76M | $9.85M | $10.47M | $9.27M | $8.87M | $7.06M | $8.83M | $8.89M | $9.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.19% | 1.36% | 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 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | $-0.06 | $-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 | $-0.06 | $-0.06 | $-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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FTCI | FTC Solar | $3.57 | $28.17 | 689.08% | Hold |
| INDI | indie Semiconductor | $4.24 | $9.00 | 112.26% | Buy |
| ALGM | Allegro MicroSystems | $22.26 | $29.67 | 33.29% | Buy |
| NVTS | Navitas Semiconductor | $3.98 | $5.17 | 29.90% | Buy |
| SITM | SiTime | $227.17 | $171.67 | -24.43% | Buy |
| SKYT | SkyWater | $14.76 | $9.00 | -39.02% | Buy |