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

SkyWater Technology (NASDAQ:SKYT) 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.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reiterated a “buy” rating and set a $12.00 price target on shares of SkyWater Technology in a report on Monday, November 11th.

SkyWater Technology Trading Up 15.3 %

SkyWater Technology stock traded up $1.35 during trading on Wednesday, hitting $10.19. The company had a trading volume of 1,673,687 shares, compared to its average volume of 712,856. The stock has a market cap of $485.61 million, a price-to-earnings ratio of -29.11 and a beta of 3.37. The company has a current ratio of 0.87, a quick ratio of 0.78 and a debt-to-equity ratio of 0.53. SkyWater Technology has a 1-year low of $5.63 and a 1-year high of $19.00. The company’s 50 day simple moving average is $11.68 and its 200-day simple moving average is $10.06.

Insider Activity

In other SkyWater Technology news, Director Loren A. Unterseher sold 7,761 shares of SkyWater Technology stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $9.27, for a total value of $71,944.47. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 42.55% of the company’s stock.

About SkyWater Technology

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.