SKYT Stock Recent News

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT), the trusted technology realization partner, today announced financial results for the first quarter 2025 ended March 30, 2025. “We're pleased to report that our financial results for the first quarter reflect modest upside to our expectations entering the year,” commented Thomas Sonderman, CEO. “A significant rebound in sequential growth for our Wafer Services business reflected strong traction with lead customers fo.

SkyWater Technology (SKYT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

SKYT's first-quarter 2025 performance is expected to have benefited from the Fab 25 momentum and wafer services growth, while ATS revenue uncertainty likely posed a headwind.

SkyWater Technology (SKYT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

SkyWater Technology, Inc. (SKYT) concluded the recent trading session at $7.09, signifying a +0.42% move from its prior day's close.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

SkyWater Technology's strategic US-based mature-node chip manufacturing aligns with government priorities, bolstering growth through Fab 25 acquisition, tripling wafer capacity by 2026. Unique TaaS model and strategic scarcity position SkyWater as a key player in defense and industrial sectors, enhancing revenue stability and customer relationships. Growth driven by Fab 25, advanced packaging lines, and strong demand from CHIPS Act and DoD, projecting 62% return by 2028 with 7% revenue CAGR.

SkyWater Technology (SKYT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the appointment of Dr. Percy V. Gilbert as senior vice president of engineering. Gilbert will report directly to President and COO John Sakamoto and will be responsible for leading and expanding SkyWater's engineering organization, which is integral to the company's ongoing strategic growth in Advanced Technology Services (ATS), platform solutions and Wafer Servic.

In the latest trading session, SkyWater Technology, Inc. (SKYT) closed at $6.84, marking a +1.03% move from the previous day.