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

SkyWater Technology (NASDAQ:SKYT) updated its first quarter 2025 earnings guidance on Wednesday. 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 Analyst Weigh In

Separately, Needham & Company LLC reissued a “buy” rating and issued a $12.00 price target on shares of SkyWater Technology in a research note on Monday, November 11th.

SkyWater Technology Stock Up 20.1 %

Shares of SKYT traded up $1.78 during trading hours on Wednesday, hitting $10.62. The stock had a trading volume of 513,752 shares, compared to its average volume of 673,575. SkyWater Technology has a 1-year low of $5.63 and a 1-year high of $19.00. The firm has a market capitalization of $506.11 million, a P/E ratio of -30.79 and a beta of 3.37. The firm has a 50 day simple moving average of $11.68 and a 200-day simple moving average of $10.06. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.87 and a quick ratio of 0.78.

Insiders Place Their Bets

In other news, Director Loren A. Unterseher sold 7,761 shares of the company’s stock in a transaction that occurred 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 transaction, the director now directly owns 12,806,264 shares of the company’s stock, valued at $118,714,067.28. This represents 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 through this link. Corporate 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.