We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why SkyWater Technology, Inc. (SKYT) Fell More Than Broader Market
Read MoreHide Full Article
SkyWater Technology, Inc. (SKYT - Free Report) ended the recent trading session at $10.21, demonstrating a -2.34% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.3%. At the same time, the Dow lost 0.46%, and the tech-heavy Nasdaq lost 0.38%.
The company's shares have seen an increase of 6.2% over the last month, surpassing the Computer and Technology sector's gain of 4.85% and the S&P 500's gain of 3.64%.
The investment community will be closely monitoring the performance of SkyWater Technology, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2025. In that report, analysts expect SkyWater Technology, Inc. to post earnings of -$0.17 per share. This would mark a year-over-year decline of 950%. Meanwhile, our latest consensus estimate is calling for revenue of $57.3 million, down 38.6% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.01 per share and a revenue of $307.15 million, signifying shifts of -116.67% and -10.26%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for SkyWater Technology, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, SkyWater Technology, Inc. holds a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why SkyWater Technology, Inc. (SKYT) Fell More Than Broader Market
SkyWater Technology, Inc. (SKYT - Free Report) ended the recent trading session at $10.21, demonstrating a -2.34% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.3%. At the same time, the Dow lost 0.46%, and the tech-heavy Nasdaq lost 0.38%.
The company's shares have seen an increase of 6.2% over the last month, surpassing the Computer and Technology sector's gain of 4.85% and the S&P 500's gain of 3.64%.
The investment community will be closely monitoring the performance of SkyWater Technology, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2025. In that report, analysts expect SkyWater Technology, Inc. to post earnings of -$0.17 per share. This would mark a year-over-year decline of 950%. Meanwhile, our latest consensus estimate is calling for revenue of $57.3 million, down 38.6% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.01 per share and a revenue of $307.15 million, signifying shifts of -116.67% and -10.26%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for SkyWater Technology, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, SkyWater Technology, Inc. holds a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.