SkyWater Technology (NASDAQ:SKYT) Shares Down 7.1% – Here’s What Happened

21 Jan 2026, 18:26 by Teresa Graham · The Cerbat Gem

SkyWater Technology, Inc. (NASDAQ:SKYT – Get Free Report)’s share price dropped 7.1% on Wednesday . The stock traded as low as $31.55 and last traded at $32.3120. Approximately 1,561,663 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 2,874,534 shares. The stock had previously closed at $34.78.

Analyst Ratings Changes

Several research firms have recently issued reports on SKYT. Stifel Nicolaus began coverage on SkyWater Technology in a research note on Tuesday, October 21st. They set a “buy” rating and a $25.00 price target for the company. Needham & Company LLC raised their target price on shares of SkyWater Technology from $15.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 6th. TD Cowen restated a “buy” rating on shares of SkyWater Technology in a research report on Thursday, November 6th. Jefferies Financial Group raised shares of SkyWater Technology to a “hold” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of SkyWater Technology in a research note on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $21.50.

Get Our Latest Report on SkyWater Technology

SkyWater Technology Stock Performance

The company has a market capitalization of $1.64 billion, a PE ratio of 13.14 and a beta of 3.49. The stock’s fifty day simple moving average is $20.28 and its 200-day simple moving average is $15.96. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 0.67.

SkyWater Technology (NASDAQ:SKYT – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.41. The business had revenue of $150.74 million during the quarter, compared to the consensus estimate of $135.50 million. SkyWater Technology had a net margin of 36.36% and a negative return on equity of 4.96%. SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. As a group, equities analysts predict that SkyWater Technology, Inc. will post -0.22 earnings per share for the current year.

Insider Buying and Selling at SkyWater Technology

In related news, CFO Steve Manko sold 50,000 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $17.40, for a total value of $870,000.00. Following the completion of the transaction, the chief financial officer directly owned 277,122 shares in the company, valued at approximately $4,821,922.80. This represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Thomas Sonderman sold 5,210 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $13.38, for a total value of $69,709.80. Following the transaction, the chief executive officer owned 521,757 shares in the company, valued at $6,981,108.66. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 384,279 shares of company stock worth $5,759,943. Insiders own 37.85% of the company’s stock.

Institutional Trading of SkyWater Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SKYT. Russell Investments Group Ltd. grew its stake in SkyWater Technology by 814.1% during the third quarter. Russell Investments Group Ltd. now owns 2,468 shares of the company’s stock worth $46,000 after buying an additional 2,198 shares during the period. Federated Hermes Inc. acquired a new position in shares of SkyWater Technology during the 2nd quarter valued at $25,000. BNP Paribas Financial Markets boosted its position in SkyWater Technology by 56.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock worth $27,000 after purchasing an additional 991 shares during the period. CWM LLC boosted its position in SkyWater Technology by 291.3% during the 3rd quarter. CWM LLC now owns 3,138 shares of the company’s stock worth $59,000 after purchasing an additional 2,336 shares during the period. Finally, Financial Management Professionals Inc. acquired a new stake in SkyWater Technology in the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.

About SkyWater Technology

(Get Free Report)

SkyWater Technology Solutions, Inc is a U.S.-based specialty semiconductor foundry headquartered in Bloomington, Minnesota. The company focuses on the development and manufacture of high-reliability integrated circuits using advanced processes on 200-millimeter wafers.

SkyWater’s service offerings span analog/mixed-signal, radio frequency (RF), micro-electromechanical systems (MEMS) and advanced packaging technologies. Its turnkey model includes multi-project wafer (MPW) runs, volume production, design enablement support and assembly and test services, enabling customers to take concepts from prototype to market.