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SkyWater Technology - SKYT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $19.50
  • Forecasted Upside: 240.31%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$5.73 As of 10/3/2023 11:38 AM ET
▼ -0.24 (-4.02%)

This chart shows the closing price for SKYT by one month, three months, or twelve months.

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Analyst Price Target for SKYT

Analyst Price Target is $19.50
▲ +240.31% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for SkyWater Technology in the last 3 months. The average price target is $19.50, with a high forecast of $25.00 and a low forecast of $14.00. The average price target represents a 240.31% upside from the last price of $5.73.

This chart shows the closing price for SKYT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 contributing investment analysts is to buy stock in SkyWater Technology. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/10/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/9/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/5/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/5/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/4/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/14/2023Needham & Company LLCBoost TargetBuy$20.00 ➝ $25.00Low
11/15/2022Craig HallumLower Target$14.00Low
8/16/2022Craig HallumBoost Target$10.00 ➝ $18.00Low
8/16/2022CowenBoost TargetOutperform$12.00 ➝ $20.00Low
8/16/2022CowenBoost TargetOutperform$12.00 ➝ $20.00Low
8/16/2022Needham & Company LLCBoost TargetBuy$15.00 ➝ $20.00Low
8/15/2022Piper SandlerBoost TargetOverweight$10.00 ➝ $18.00Low
7/22/2022Needham & Company LLCBoost Target$15.00Low
5/4/2022Piper SandlerLower Target$15.00 ➝ $10.00High
4/26/2022Craig HallumInitiated CoverageBuy$10.00High
2/24/2022Needham & Company LLCLower TargetBuy$25.00 ➝ $15.00High
2/24/2022CowenLower Target$25.00 ➝ $20.00High
2/23/2022Piper SandlerLower Target$25.00 ➝ $15.00High
11/4/2021Needham & Company LLCLower TargetBuy$32.00 ➝ $25.00High
8/26/2021Needham & Company LLCReiterated RatingBuy$32.00High
8/5/2021Needham & Company LLCLower TargetBuy$40.00 ➝ $32.00High
8/5/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$27.00 ➝ $23.00High
7/16/2021Needham & Company LLCInitiated CoverageBuyHigh
7/2/2021CowenInitiated CoverageBuyMedium
5/17/2021Jefferies Financial GroupInitiated CoverageBuy$27.00Medium
5/17/2021CowenInitiated CoverageOutperform$26.00High
5/17/2021Piper SandlerInitiated CoverageOverweight$25.00High
(Data available from 10/3/2018 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 5 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

SkyWater Technology logo
SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development and manufacturing services. 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, power discrete, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.
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Today's Range

Now: $5.73
Low: $5.73
High: $5.94

50 Day Range

MA: $7.14
Low: $5.32
High: $10.72

52 Week Range

Now: $5.73
Low: $5.30
High: $15.99

Volume

38,212 shs

Average Volume

314,643 shs

Market Capitalization

$265.18 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.16

Frequently Asked Questions

What sell-side analysts currently cover shares of SkyWater Technology?

The following Wall Street analysts have issued reports on SkyWater Technology in the last twelve months: Craig Hallum, and Needham & Company LLC.
View the latest analyst ratings for SKYT.

What is the current price target for SkyWater Technology?

2 Wall Street analysts have set twelve-month price targets for SkyWater Technology in the last year. Their average twelve-month price target is $19.50, suggesting a possible upside of 240.3%. Needham & Company LLC has the highest price target set, predicting SKYT will reach $25.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $14.00 for SkyWater Technology in the next year.
View the latest price targets for SKYT.

What is the current consensus analyst rating for SkyWater Technology?

SkyWater Technology currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SKYT will outperform the market and that investors should add to their positions of SkyWater Technology.
View the latest ratings for SKYT.

What other companies compete with SkyWater Technology?

Other companies that are similar to SkyWater Technology include Valens Semiconductor, Canaan, Magnachip Semiconductor, Applied Optoelectronics and Sequans Communications. Learn More about companies similar to SkyWater Technology.

How do I contact SkyWater Technology's investor relations team?

SkyWater Technology's physical mailing address is 2401 EAST 86TH STREET, BLOOMINGTON MN, 55425. The company's listed phone number is 952-851-5200 and its investor relations email address is [email protected]. The official website for SkyWater Technology is www.skywatertechnology.com. Learn More about contacing SkyWater Technology investor relations.