SkyWater Technology (NASDAQ:SKYT) Hits New 12-Month High – What’s Next?

23 Jan 2026, 01:58 by Sarita Garza · The Markets Daily

SkyWater Technology, Inc. (NASDAQ:SKYT – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $35.04 and last traded at $34.80, with a volume of 507666 shares traded. The stock had previously closed at $33.10.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Needham & Company LLC boosted their target price on shares of SkyWater Technology from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Stifel Nicolaus began coverage on shares of SkyWater Technology in a report on Tuesday, October 21st. They set a “buy” rating and a $25.00 target price for the company. Piper Sandler upped their price target on shares of SkyWater Technology from $12.00 to $17.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. TD Cowen reiterated a “buy” rating on shares of SkyWater Technology in a report on Thursday, November 6th. Finally, Jefferies Financial Group upgraded shares of SkyWater Technology to a “hold” rating in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.50.

Check Out Our Latest Stock Analysis on SKYT

SkyWater Technology Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.61. The business’s 50-day simple moving average is $20.53 and its 200-day simple moving average is $16.09.

SkyWater Technology (NASDAQ:SKYT – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.41. The business had revenue of $150.74 million during the quarter, compared to analyst estimates 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 EPS for the current year.

Insider Buying and Selling at SkyWater Technology

In other SkyWater Technology news, CFO Steve Manko sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $17.40, for a total transaction of $870,000.00. Following the completion of the transaction, the chief financial officer directly owned 277,122 shares of the company’s stock, valued at approximately $4,821,922.80. This trade represents a 15.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Loren A. Unterseher sold 100,000 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $14.54, for a total transaction of $1,454,000.00. Following the transaction, the director directly owned 4,487,394 shares in the company, valued at approximately $65,246,708.76. The trade was a 2.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 384,279 shares of company stock valued at $5,759,943. 37.85% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Millennium Management LLC raised its holdings in SkyWater Technology by 3,396.4% during the third quarter. Millennium Management LLC now owns 775,364 shares of the company’s stock worth $14,468,000 after purchasing an additional 753,188 shares in the last quarter. Emerald Advisers LLC grew its position in SkyWater Technology by 36.2% during the second quarter. Emerald Advisers LLC now owns 1,362,983 shares of the company’s stock worth $13,412,000 after buying an additional 362,267 shares during the period. Federated Hermes Inc. boosted its position in SkyWater Technology by 13,712.9% during the third quarter. Federated Hermes Inc. now owns 347,119 shares of the company’s stock worth $6,477,000 after purchasing an additional 344,606 shares in the last quarter. Erste Asset Management GmbH boosted its position in shares of SkyWater Technology by 21.7% in the 3rd quarter. Erste Asset Management GmbH now owns 1,400,000 shares of the company’s stock worth $25,508,000 after buying an additional 250,000 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in SkyWater Technology by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,693,056 shares of the company’s stock valued at $16,660,000 after buying an additional 229,954 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

SkyWater Technology Company Profile

(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.