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NASDAQ: SKYT
SkyWater Technology Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SKYT

Based on 3 analysts offering 12 month price targets for SkyWater Technology Inc.
Min Forecast
$23.00+28.71%
Avg Forecast
$24.33+36.17%
Max Forecast
$25.00+39.9%

Should I buy or sell SKYT stock?

Based on 3 analysts offering ratings for SkyWater Technology Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SKYT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 1%
100
BuyMaintains$25.00+39.90%2021-11-04
Jefferies
Top 7%
94
HoldDowngrades$23.00+28.71%2021-08-05
Piper Sandler
Top 7%
94
Strong BuyInitiates Coverage On$25.00+39.90%2021-05-17

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Forecast return on equity

Is SKYT forecast to generate an efficient return?
Company
-4.99%
Industry
36.12%
Market
46.73%
SKYT's Return on Equity is forecast to be low in 3 years (-4.99%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is SKYT forecast to generate an efficient return on assets?
Company
-1.58%
Industry
20.64%
SKYT is forecast to generate lower Return on Assets (-1.58%) than the US Semiconductors industry average (20.64%)
Forecast

SKYT earnings per share forecast

What is SKYT's earnings per share in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
-$0.67
Avg 2 year Forecast
-$0.36
Avg 3 year Forecast
-$0.11

SKYT revenue forecast

What is SKYT's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$160.4M
Avg 2 year Forecast
$186.6M
Avg 3 year Forecast
$235.8M

SkyWater Technology Stock Forecast FAQ

Is SkyWater Technology Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: SKYT) stock is to Buy SKYT stock.

Out of 3 analysts, 1 (33.33%) are recommending SKYT as a Strong Buy, 1 (33.33%) are recommending SKYT as a Buy, 1 (33.33%) are recommending SKYT as a Hold, 0 (0%) are recommending SKYT as a Sell, and 0 (0%) are recommending SKYT as a Strong Sell.

What is SKYT's earnings growth forecast for 2021-2023?

(NASDAQ: SKYT) SkyWater Technology's forecast annual earnings growth rate of N/A is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 7.99%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.66%.

SkyWater Technology's earnings in 2021 is N/A.On average, 1 Wall Street analysts forecast SKYT's earnings for 2021 to be $-26,170,028, with the lowest SKYT earnings forecast at $-26,170,028, and the highest SKYT earnings forecast at $-26,170,028. On average, 1 Wall Street analysts forecast SKYT's earnings for 2022 to be $-14,061,507, with the lowest SKYT earnings forecast at $-14,061,507, and the highest SKYT earnings forecast at $-14,061,507.

In 2023, SKYT is forecast to generate $-4,296,572 in earnings, with the lowest earnings forecast at $-4,296,572 and the highest earnings forecast at $-4,296,572.

What is SKYT's revenue growth forecast for 2021-2023?

(NASDAQ: SKYT) SkyWater Technology's forecast annual revenue growth rate of N/A is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 10.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.77%.

SkyWater Technology's revenue in 2021 is N/A.On average, 2 Wall Street analysts forecast SKYT's revenue for 2021 to be $6,263,229,790, with the lowest SKYT revenue forecast at $6,237,840,957, and the highest SKYT revenue forecast at $6,288,618,623. On average, 2 Wall Street analysts forecast SKYT's revenue for 2022 to be $7,286,595,057, with the lowest SKYT revenue forecast at $6,722,181,770, and the highest SKYT revenue forecast at $7,851,008,343.

In 2023, SKYT is forecast to generate $9,210,287,399 in revenue, with the lowest revenue forecast at $8,225,981,876 and the highest revenue forecast at $10,194,592,923.

What is SKYT's forecast return on assets (ROA) for 2021-2023?

(NASDAQ: SKYT) forecast ROA is -1.58%, which is lower than the forecast US Semiconductors industry average of 20.64%.

What is SKYT's Price Target?

According to 3 Wall Street analysts that have issued a 1 year SKYT price target, the average SKYT price target is $24.33, with the highest SKYT stock price forecast at $25.00 and the lowest SKYT stock price forecast at $23.00.

On average, Wall Street analysts predict that SkyWater Technology's share price could stay at $24.33 by Nov 4, 2022. The average SkyWater Technology stock price prediction forecasts a potential downside of N/A from the current SKYT share price of $17.87.

What is SKYT's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: SKYT) SkyWater Technology's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that SKYT's EPS will be $-0.67 for 2021, with the lowest EPS forecast at $-0.67, and the highest EPS forecast at $-0.67. On average, analysts forecast that SKYT's EPS will be $-0.36 for 2022, with the lowest EPS forecast at $-0.36, and the highest EPS forecast at $-0.36. In 2023, SKYT's EPS is forecast to hit $-0.11 (min: $-0.11, max: $-0.11).

What is SKYT's forecast return on equity (ROE) for 2021-2023?

(NASDAQ: SKYT) forecast ROE is -4.99%, which is considered weak.
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