SkyWater Technology (NASDAQ:SKYT) Issues Q1 2025 Earnings Guidance

SkyWater Technology (NASDAQ:SKYT) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.160–0.100 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $59.0 million-$63.0 million, compared to the consensus revenue estimate of $66.5 million.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $12.00 price target on shares of SkyWater Technology in a report on Thursday.

SkyWater Technology Stock Up 1.5 %

Shares of SKYT stock traded up $0.13 during trading on Friday, reaching $9.26. The company’s stock had a trading volume of 170,626 shares, compared to its average volume of 701,018. The company has a market capitalization of $441.49 million, a price-to-earnings ratio of -26.71 and a beta of 3.37. The stock’s 50-day moving average price is $11.50 and its 200 day moving average price is $10.05. SkyWater Technology has a 1-year low of $5.63 and a 1-year high of $19.00. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.87 and a quick ratio of 0.78.

SkyWater Technology (NASDAQ:SKYT) last issued its earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.10. SkyWater Technology had a negative return on equity of 12.40% and a negative net margin of 4.75%. The business had revenue of $75.49 million during the quarter, compared to the consensus estimate of $74.25 million. On average, research analysts anticipate that SkyWater Technology will post -0.22 EPS for the current year.

Insiders Place Their Bets

In other news, Director Loren A. Unterseher sold 7,761 shares of the business’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $9.27, for a total transaction of $71,944.47. Following the sale, the director now directly owns 12,806,264 shares of the company’s stock, valued at $118,714,067.28. The trade was a 0.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 42.55% of the stock is owned by insiders.

SkyWater Technology Company Profile

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.