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

SkyWater Technology (NASDAQ:SKYTGet Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.160–0.100 for the period, compared to the consensus 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.

SkyWater Technology Stock Up 1.5 %

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

SkyWater Technology (NASDAQ:SKYTGet Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.04 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $75.49 million during the quarter, compared to the consensus estimate of $74.25 million. As a group, analysts expect that SkyWater Technology will post -0.22 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Needham & Company LLC reissued a “buy” rating and set a $12.00 target price on shares of SkyWater Technology in a research note on Thursday.

Check Out Our Latest Stock Analysis on SKYT

Insider Transactions at SkyWater Technology

In other news, Director Loren A. Unterseher sold 7,761 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $9.27, for a total value of $71,944.47. Following the completion of the sale, the director now owns 12,806,264 shares in the company, valued at approximately $118,714,067.28. The trade was a 0.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 42.55% of the company’s stock.

SkyWater Technology Company Profile

(Get Free Report)

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.

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